Long

Is Natural Gas(NG) Preparing for a Big Bounce???

Updated

Technical Analysis:

- Natural Gas is in a weekly edging buy area and any moment it can bounce once wave (5) in blue will be done
- Anyway, the big probability with actual data is that a small extend could happen in the wave (5)
- H1 right side is turning down
- H4 right side is down

Technical Information:

- If you're a position trader or long term investor, you may buy in the actual level
- And if you're a swing trader, wait for possible extend in wave (5)

Note

- Natural Gas(NG) still continues to follow our forecasts
- For any structural changes in the price action we can update the forecast chart

Trade active

Technical Analysis:
- We expect that NG will go to do more one marginal leg/wave down
- H1 right side is turning up
- H4 right side is down

Note

- NG still continues to follow our earlier forecasts and analysis
- As a long term investor you should buy NG when wave II in red is completed and it's very adaptive for long term investor

Note

- NG still continues to follow our earlier forecasts and analysis exactly
- As a long term investor you should buy NG when wave II in red is completed and it's very adaptive for long term investor
- H1 & H4 right side is turning down

Note

- NG still continues to follow our earlier forecasts and analysis exactly
- There is a possibility to have another path in blue with 45% odds

Note

- NG still continues to follow our earlier forecasts and analysis exactly
- Don't sell NG now and prepare to buy when II in red is finished.
- H1 and H4 right side is turning down

Note

- NG continues to follow our earlier forecasts and analysis exactly
- Don't sell NG now and prepare to buy when II in red is finished.
- H1 and H4 right side is turning down

Note

Wave II in red can be done-
Now it seems to make a wave (2) in blue and after it is complete we expect a bonce
Don't sell NG now and prepare to buy when II in red is finished.
H1 and H4 right side is turning down

Note

- Don't sell NG now and prepare to buy when II in red is finished.
- H1 and H4 right side is turning dow

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