Get started
CFDs on Natural Gas
Updated

Natural Gas Fibonacci Timeline Thought Experiment

536
The four recent peaks fit perfectly into a fibonacci timeline in a downward channel.

Hypothesis: price will continue in the downward channel, or it could breakout during the 4th fibonacci peak intersection.
Note
Price followed channel, peaking approximately at fib timeline boundaries. It's now showing early but weak (at this stage) signs of breakout. Will be interesting to watch how this play out over the next few trading sessions.
Trade closed manually
zeroorez
DGAZFibonaccinatgasNATURAL GASthoughtsaboutbatpatternUGAZWedge

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.
DGAZFibonaccinatgasNATURAL GASthoughtsaboutbatpatternUGAZWedge
zeroorez

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.