Natural Gas (XNGUSD)
Panjang

Natural Gas / Bullish Up Movement

312
Looks like Natural Gas forming a Head and Shoulders pattern on daily frame. There's a high probability the price go higher to 1st TP 2.50 and 2d TP 2.73.

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Nota
Attention! You should consider it too. that a strong Downward movement is Also Possible on a Weekly basis. There is a Parallel option that we are still in a Corrective ABC on a Daily chart ( A - 3.19-1.92; B - 1.92 -2.43 at the moment/CURRENTLY (or 2.55); and then C - 2.43 or 2.55 or 2.70 TO 1.64 minimum).
Nota
Targets 2.50; 2.55 reached.
Nota
Trade closed successfully!
DAILY resistance at 2.80 area, now is a SUPPORT level !!!

Penafian

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