Trading-Capital

Natural Gas still coiling! breakdown or breakout?

CAPITALCOM:NATURALGAS   Natural Gas
Natural Gas is appraoching the apex of a wedge pattern.

The Apex is the very tip of the triangle where 2 trendlines meet.

Price will likely have to make a move by April 3 or sooner.

As for which way will price break is anyones guess, but probabliietes are slightly swaying lower.

Signs of accumulation are being observed in the resource stocks. So a bottom is typically approaching.

DBC EtF has broken out. Nat gas has a small weighting in there.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.