Natgas hit the low of 5.8 which is strong support level ,after dropping 15% for 2 days .is already bouncing back, likely to previous 6+ levels
Weekly chart supports big correction and continuous upward trend ,also daily, and on H4 reverse starts to form
Fundamentals support this, problems with gas supply, high demand, cold winter ,it's November 😱🥶
First TP 5.5
2nd TP 5.8
3rd TP 6+
SL 5.65
Weekly chart supports big correction and continuous upward trend ,also daily, and on H4 reverse starts to form
Fundamentals support this, problems with gas supply, high demand, cold winter ,it's November 😱🥶
First TP 5.5
2nd TP 5.8
3rd TP 6+
SL 5.65
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.