Panjang
NATURAL GAS – Week 15 – Testing the support.
In our previous analysis, we anticipated that Natgas will break the resistance area, but instead, the price decided to make a deeper pullback and closed the week almost where it started.
For this week, we expect the price to make a second attempt and head towards the resistance area, having a great chance to break it. If the price will be rejected at that level, there is a good chance that will head towards the support level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For this week, we expect the price to make a second attempt and head towards the resistance area, having a great chance to break it. If the price will be rejected at that level, there is a good chance that will head towards the support level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.