NatGAS is heating up

מעודכן
A close above the white Center-Line projects higher prices to come.

There are 2 scenarios I see:
1. pull-back to the white CL, then up.
2. cross above the petrol CL, further and fast continuation to the north.

...oh, there's 3rd scenario:
3. price is getting punched back below the white Center-Line again. If that comes true, price has another chance to go south, with a target at the 1/4 line, or even way down to the L-MLH.
עסקה פעילה
Here's a view on the Daily Chart.
CL is reached, now we either turn south, or on a open and close above the CL, we have a long to stalk:

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עסקה סגורה: היעד הושג
Long idea if price makes it down to the Center-Line:

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הערה
Taking profits (partial) at the 1/4 line was not a bad idea.
Remaining Lots at B/E, but still aiming for the U-MLH.

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Beyond Technical AnalysisChart PatternsmedianlinenatgasnatgaslongNGNatural GasnglongTrend Analysis

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