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NATURAL GAS – Week 13 – Bulls vs. Bears

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Last week, we correctly anticipated that Natgas will head towards the orange trendline, but unfortunately, it started to move sideways underneath it.
For this week, we find ourselves at a decisive point. If we break the orange trendline first followed by the resistance area, then we will grow confident that we can soon witness a retest of the previous $3 high.
If not, the price may continue to break the low again and drop towards the support area.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
交易結束:目標達成
The resistance area got hit.

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