Hey, I have been on TradingView for a few weeks and thought I'd share to this amazing community.
Natural gas appears to be in either a descending triangle or pennant. My thought is that natural gas has reached its lowest point based on historical data; however, due to the higher than normal oil drilling, it is possible that natural gas has room for a larger drop.
Natural gas appears to be in either a descending triangle or pennant. My thought is that natural gas has reached its lowest point based on historical data; however, due to the higher than normal oil drilling, it is possible that natural gas has room for a larger drop.
Comment:
I am going long on UGAZ based on this triangle.