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.
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.
交易结束：到达目标:
The resistance area got hit.
相关观点
