NATGAS H4 ANALYSIS - PRICE STRUGGLING TO BREAK OUT WILL IT?

Natural Gas analysis for this week.

Price broke out of the blue trend line I have drawn before coming back down to retest it.

Price bounced up, but now is struggling to get past the minor S/R I have labeled.

Wait for price to make a strong break and then enter on the retrace. No confirmation, no strong break out, NO entry.



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Kommentar:

Looks like no break out today guys

Kommentar:

NATGAS has broken above S/R - if it can close strong on the daily I will enter long! I will update with a new trade idea soon