tranthrax

NatGas: False Break Out

Short
tranthrax Updated   
OANDA:NATGASUSD   CFDs on Natural Gas
Appears to be heading back into triangle - bearish unless it can gain momentum to break out. If not, looking to fall down fast.
Comment:
Looks like it played out really well. Now at the 0.618 retrace and may pop up here. Short position closed and may open long depending on price action.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.