meszaros

NATGASUSD long from 1.675usd level.

OANDA:NATGASUSD   CFDs on Natural Gas
NATGASUSD long from 1.675usd level. We wait for the time being. The rule set is that the movement of the chart is symmetric to the ATR closing values. However, there is a small screw. For better representation, the figure shows the time frame D1. In contrast, I calculated the ATR closing values based on the W1 data. Nevertheless, the end result is credible. Back to the chart. I assume that the exchange will back test the 1.675 usd level and turn north from here and start copying the first fractal shown in the D1 timeframe. If my analysis is correct, the target price rise is 2.405USD.

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