TP = 2.978 (0.786 Fibonacci) hit as the earlier 1D Channel Up (RSI = 59.255, MACD = 0.027, Highs/Lows = 0.0026) delivered the desired Higher High. The price is now trading close to the first 1W Resistance (3.020) and our outlook on Natural Gas is changing to medium term bearish. We are short now, TP = 2.840 and 2.740 in extension (but under circumstances for which we will update).
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.