NATGASUSD

As the price is heading down, towards the lower band of the formation to around 2.760 level, we can expect it to bounce to the up soon. 3.000 it will be a strong resistance level, as it is a level of previous tops. More likely the price will bounce against it, but if it manages to pierce that level, the price would go further, towards the upper band of the formation.

Komentar:

The price has reached the lower band of the formation at 2.760 level and it is testing it, but so far it hasn't been able to pierce it. As long as it stays above that level, we will watch the retracement to the up, towards 3.000 target.