Natural gas price has already dropped 79% from the Nov 22' high and it usually drops around 80% if we look at the previous large price drops.
If we don't break below 1.60 - 1.80 level and confirmations for the long entry occurs i will consider going long.
ENTRY: 1.65 - 1.90
TP1: 3.44 - 3.70
TP2: 4.63 - 4.93
TP3: 6.40 - 6.85
SL: 1.150
This is not a financial advice! Trade with caution.
If we don't break below 1.60 - 1.80 level and confirmations for the long entry occurs i will consider going long.
ENTRY: 1.65 - 1.90
TP1: 3.44 - 3.70
TP2: 4.63 - 4.93
TP3: 6.40 - 6.85
SL: 1.150
This is not a financial advice! Trade with caution.