CFDs on Natural Gas

Short

NG short set up.

Updated

NG after an explosive rally from Dec lows is correcting the impulse. The corrective move shows A as an impulse, B as zigzag and C as an impulse is going on with clearly visible i,ii and iii. Now the iv wave is near to complete as a tripple zig zag. We should see an impulse downwards again. Short omn breakdown of the wedge for tgt of minimum 2.54.

Note

Broken the wedge on downside.

Trade active

Keep recent high as stop.

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