Long
Natural Gas - Daily - Very good.
We can see that we have broken that triangle that we were forming for quite a while. I believe that this is now aiming for higher levels.
Ideally I would like to see a re-test of the downward trend line from the top and then head higher. But that's ideally for me.
Also, a good scenario would be to see a close on the Daily and then the Weekly above 3.157 (September 2017 high) and then a move higher.
I would consider SELL only if we somehow get back into the triangle.
But as always, guys, keep an eye on the price action!
Ideally I would like to see a re-test of the downward trend line from the top and then head higher. But that's ideally for me.
Also, a good scenario would be to see a close on the Daily and then the Weekly above 3.157 (September 2017 high) and then a move higher.
I would consider SELL only if we somehow get back into the triangle.
But as always, guys, keep an eye on the price action!
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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.