NATURAL GAS – Week 14 – Important resistance ahead.
In our previous analysis, we correctly anticipated that Natgas will reach the resistance area.
For this week, we expect the price to correct above the orange trendline and make another attempt to break the resistance zone.
If the price will be again rejected at that level, it may come back down and test the support area.
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 correct above the orange trendline and make another attempt to break the resistance zone.
If the price will be again rejected at that level, it may come back down and test the support area.
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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