Natural Gas...Bear Market...
Updated
This is how natural gas has progressed so far...It should make a double bottom or slightly lower low at 1.5 lvl...Where we will assess signs of reversal to go long...
Note
Ngas is moving according to the plan...I think possible tgt on upside should be 2.9 - 3.3 where i expect wave 4 (expanded flat to complete)..Trade closed manually
NG seems to be very near to finish its exapnded flat (4th)...The bear market rally in NG should end near to 2.9 - 3 lvl....Shorts can be accumulated now at every rise....for the 5th wave down...
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