The weekly market rules states that "the market moves more on Monday and Tuesdays to the direction it close on Friday(up or down).
The previous analysis we shared on NATGASUSD last week was the bearish divergence on the daily time frame chart.
The market close week with the bearish reversal chart set up. Now the market opened with the bearish continuation chart set up.
Target to the downside traders should keep are as follows:
Breakdown level: $2.530
Support 1: $2.438
Support 2: $2.346
Good luck to everyone! Click the follow button to stay tuned for more trading ideas! Like the idea? Hit the like button!
Ideas published should not be referred to as an investment advice and happy new months guy.
The previous analysis we shared on NATGASUSD last week was the bearish divergence on the daily time frame chart.
The market close week with the bearish reversal chart set up. Now the market opened with the bearish continuation chart set up.
Target to the downside traders should keep are as follows:
Breakdown level: $2.530
Support 1: $2.438
Support 2: $2.346
Good luck to everyone! Click the follow button to stay tuned for more trading ideas! Like the idea? Hit the like button!
Ideas published should not be referred to as an investment advice and happy new months guy.
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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.
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.