Long
Long - Next Targets
Hi friends, in this post I would like to update my previous idea which worked out perfectly wherein 2 targets were achieved (target 1 & 2 as identified in the chart). It looks like Natural Gas wanted to test the broken H&S neckline again around $2.75. On Friday 26th Feb, the price made a fake breakdown but the closing was perfect with a bullish hammer closing at the support.
From here I expect the price to approach the next resistance around $2.96 followed by $3.16 within the upward channel illustrated in the chart. Overall, it looks like we are in the beginning of a massive rally (wave 3) up towards $4+!!
Link to previous NG idea below:
Please share your thoughts. Thanks for the support and good luck with your trades.
From here I expect the price to approach the next resistance around $2.96 followed by $3.16 within the upward channel illustrated in the chart. Overall, it looks like we are in the beginning of a massive rally (wave 3) up towards $4+!!
Link to previous NG idea below:
Please share your thoughts. Thanks for the support and good luck with your trades.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.