FxPro - Analytics


761.75 6.25/10
89% of positive reviews

Natural Gas Wave Analysis – 07 September , 2018

• Natural Gas broke support area
• Further losses are likely

Natural Gas recently broke through the support area lying between the support level 2.800, support trendline from April and the 61.8% Fibonacci correction of the previous upward correction 2 from the middle of July.

The breakout of this support area accelerated the active short-term impulse wave 3 from the middle of August.

Natural Gas is expected to fall further and retest the next support level 2.710 (low of the previous impulse wave 1 from July).

NTGUSD - Primary Analysis - Sep-07 1905 PM (1 day)

To leave a comment you must or Join us

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree