NATURAL GAS – Week 6 – In bullish territory.
As we predicted in our previous two analysis, Natural Gas rose in the past week reaching our $3 target before the price started to pullback. This move will only help the pair gather more bullish momentum for the near future. Our bias for this week will stand towards a price increase, but only after a small consolidation structure which we expect to finish in-between the $2.6-$2.7 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.
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.
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