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NatGas Megaphone

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Nat Gas has been in a consolidation zone of epic 6month length
It has recently been following an expanding swing or megaphonic pattern
There is a clear precedent for this type of behaviour

It will surge upwards to 3.3 area before a big drop to 2.36 as bullish oil brings on excess gas supply

Catatan
As of now January 12th this has played out perfectly

however, there was just an EIA record draw of natgas and I am now following chart with EW and expecting a retracement followed by last leg up before the big bear move down so revised to

Down to 3.08 ish then last bullish leg of EW wave 5 to 3.6 then killer down leg to places unknown
Catatan
In character with a megaphone it will break higher and also decrease (tank) lower as the down leg indicated
Trade aktif
Catatan
active but near reversal
NuclearSunset
Chart Patterns

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Chart Patterns
NuclearSunset

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.