Natgas - update

٩ يناير ٢٠٢٣

Local wave 3 down complete, expect a pullback towards 1.382 level, and then the dump - to complete:
- wave 5 (local) of the impulse down
- H&S target

Trade safe

١٠ يناير ٢٠٢٣

ملاحظة

H1 move up is in three waves. More downside risk

١٠ يناير ٢٠٢٣

ملاحظة

So far the move down in three waves. Of reverses, there are three options:
1. Part of a flat (on the picture)
2. Triangle
3. Diagonal

١٠ يناير ٢٠٢٣

ملاحظة

For a diagonal it is too early to judge.

١٥ يناير ٢٠٢٣

ملاحظة

likely a triangle played out, so the move down should complete the sequence for the wave 3, this week I expect a corrective rally.

١٦ يناير ٢٠٢٣

ملاحظة

Now its a buy structure on m15/h1

١٦ يناير ٢٠٢٣

ملاحظة

Correctly, I guess, to mark a running flat.
Although, both options are ok

١٧ يناير ٢٠٢٣

ملاحظة

And again three waves to the upside. Need an impulse. Staying aside