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MANOLIS

Ngas short opportunity Outlook

Short
Natural Gas (Henry Hub) (FX:NGAS)  
MANOLIS Updated   
FX:NGAS   Natural Gas (Henry Hub)
Chart Patterns Trend Analysis bearishtrend Bullish Divergence bullishconvergence Fibonacci Confluence Fibonacci Retracement fibonaccianalysis retesting pullbacktrade
21
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chartpattern trendanalysis bearishtrend bullishdivergence bullishconvergence fibonacciconfluence fibonacciretracement fibonaccianalysis retesting pullbacktrade
Ngas on Friday prices dropped in a downtrend (a bearish bias) through trendline support near Fibo 0.618 level which is now seen as Resistance at 2.92. Support is seen near 2.86 Fibo 1 level

As we can see on the 1hr Chart Momentum is bullish and technically I will be looking for a retest / pull back sell.!!

Have a nice weekend



Comment:
Trade closed: target reached:
LONG and SHORT
Closed manually :))

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