Natural Gas Elliot wave theory

18. März 2023

Natural Gas started to drop from 10 dolar and completed 5 wave of elliot wave downtrend around 2 dolar. From 2 dolar to 3 dolar movement A part of ABC correction. We are currently on the B wave which should end somewhere beetween 38.2 -78.6 of the Wave A. According to Pepperstone chart, Price should not drop below 2.22-2.25 area. Next Target will be minimum 3.20s

Good luck everyone