NATGAS - NAUGHTY FALL AHEAD ?

Cup pattern is complete with double top resistance. Looking for a handle now.

Probable retracement area would be $2.5

Once pattern is complete Natty might fly high to $4.5 again?

Disclaimer: Do not consider this as a buy or sell recommendation. This is purely for educational purposes

تعليق:

if at all there is any bounce, and as long as it does not breach the double top, i believe every rally or bounce will be sold from hereon. Lets see

تعليق:

NG is nicely moving as per the pattern. Unless the inventories are very bearish for the prices, we could see a support coming in at 38.2 fibo retracement level... play safe around that level