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LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), POWERHOUSE ENERGY GROUP PLC ORD 0.5P, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, UNION JACK OIL PLC ORD 0.025P
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As you know NG made a strong move up from its support levels which should be countered by a down move pretty soon.
Historically, it may even be forming this triangle we can see on the chart, allowing it for another move down near the 2,55 zone.
That being said, I think 3,324 can be a safe zone for shorting (with reasonable exposure of course) and we ...
Instrument at a crossing point between the Fibonacci levels taken on the Daily and the trendlines taken on the weekly.
If we zoom in and watch at the chart...
I would wait a bounce on the Blue trendline to confirm a more aggressive uptrend, or a bounce on the (lower) Red line to confirm a smoother weekly uptrend
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
44 COMMODITIES (2016 Yearly Performance) from Chicago, New York & London @ ...
Previous Structure "zones"