NATGASUSD - Waiting for price action - Probability for LONG: 65%

Price currently testing trendline which is acting as first resistance, second resistance level at FIB 0.382.

Will be watching Monday's session to see if we have a closing 4H candle above the trendline. If EMA remains bullish, RSI maintains its breakout over the oversold level, and MACD still pushing towards the 0 level, we can expect the price to retest the trendline and complete a push towards testing resistance at 1.668-1.680.
A rejection of the trendline and with the MACD signal in the bearish zone, we could see a reversal towards the support area.

**Note: 1D chart showing price range-bound in downtrend channel.
High market volatility, reduce risk level.


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