psulion08

NGAS make or breaking point near

Long
psulion08 Updated   
FX:NGAS   Natural Gas (Henry Hub)
6
Make or break is coming soon as the assumed channel may help with where it can go. I think it ends up breaking to the upside and getting back to $3.60 and then come back some to bottom of channel to back up to $3.80 of higher by fall. My idea, but nothing more....
Comment:
Busted my chart. although it does look like it could be a double bottom right here. Looking back at the chart I could have drawn points 3 to 4 longer which could give the double bottom also to go to my point 5 mark.
Comment:
May buy if it goes to $2.80 to $2.82, UGAZ
Trade closed: target reached
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.