EvanJones

Natural Gas - Resuming Downtrend or ready to make a reversal?

FX:NGAS   天然气 (亨利港)
134 1 1
The price recently extended to break the lower lows and this indicated a reversal may be on the cards. Since then price has consolidated but a clear line of resistance has been made. If this structure is maintained this week then I suspect price may resume the continued down trend.

However if this line is broken I anticipate a trend reversal. Winter is coming! as they say in game of Thrones so Nat             Gas usually begins to increase in price due to the demand vs supply relationship.
Note, I'm adding my website as I'm launching some new training courses and many exciting features!
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