Dear traders and followers,
welcome to today's natural gas analysis.
The market price broke out of sideways channel and closed above down trend line which is a strong buy signal.
Market going to reach 2.75 within the current move, expect a short term correction after this move.
The end of the short term correction move is another good buy entry.
Updates for entry and stop loss will be posted in our VIP group
Indicators:
MACD buy volume still in up trend, baselines doesn't look bearish
RSI baseline near heavy overbought area which brings strong buy volume inside the market
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welcome to today's natural gas analysis.
The market price broke out of sideways channel and closed above down trend line which is a strong buy signal.
Market going to reach 2.75 within the current move, expect a short term correction after this move.
The end of the short term correction move is another good buy entry.
Updates for entry and stop loss will be posted in our VIP group
Indicators:
MACD buy volume still in up trend, baselines doesn't look bearish
RSI baseline near heavy overbought area which brings strong buy volume inside the market
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/ don't miss new ideas
Thanks for your support!
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
