Natural Gas 4 h
Updated
Market is forming a double top pattern for a bearish move,
also in 4 h it seems trend line is about to break
so the next support levels are shown in green, however it seems we should expect a nice correction
also in 4 h it seems trend line is about to break
so the next support levels are shown in green, however it seems we should expect a nice correction
Comment
Now we reached to the first target, here is important support right on the neckline,
let's see it is breaking or not,
in case of breaking resistance there would be second drop wave to the 61.8% level
Good luck!
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.