Looks like a legit double top formation here, which has been formed below that resistance. So the whole picture looks quite perfect almost. But to play it safe, i will wait a day or 2. Want to see something like a bear flag form, like that blue line. So something to watch for the coming days.
Looking to buy natural gas now that it has came down so far into some monthly support. Tight stop below support, looking for a move above $3.00 into $3.25. Favorable weather may help us push above the $3.00 mark. Position opened on Feb. 22nd.
As you can see on the chart, this strong support line marked in red has 4 monthly wicks coming into contact with it and all being rejected above the 2.74 level marked in blue. No different for this months candle imo, TP @ 2.7 - Positions opened @ 2.56 and buying any dips
