Natural Gas: Bulls Too Confident To Maintain Gap-Up

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Since my last analysis of the movements of Natural Gas futures in different time frames, I find the Natural Gas bulls look too confident to maintain the gap-up despite the bears’ full thrust. This makes the Natural Gas futures to take a steep upward move towards the ‘Breakout Zone’ shortly. A sustainable move above the level of $2.767 will confirm the continuation of the bullish uptrend. For watching my upcoming video on analysis of the movements of Natural Gas futures in the same chart pattern.

Natural Gas: Bulls Too Confident To Maintain Gap-Up

Natural Gas Futures 4 Hr. Chart

Natural Gas: Bulls Too Confident To Maintain Gap-Up

Natural Gas Futures 1 Hr. Chart

Natural Gas: Bulls Too Confident To Maintain Gap-Up

Natural Gas Futures 15 Minutes Chart

Disclaimer

1. This content is for information and educational purposes only and should not be considered as an investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital be involved which you are prepared to lose.

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