FxPro - Analytics

FxPro

753.75 6.25/10
88% of positive reviews
Real

Natural gas Wave Analysis – 27 August, 2020

Natural gas Wave Analysis – 27 August, 2020

• Natural gas rising inside impulse wave C

• Likely to rise to 2,880

Natural gas continues to rise strongly inside the sharp upward impulse wave C – which belongs to the multi-month ABC correction (2) from the end of June.

The price is currently trading close to the key resistance level 2,70 (which reversed the price sharply in November of 2019).

If the price breaks above the resistance level 2,70 – Natural gas can then rise to the next major logn-term resistance level 2,880 (last November high and the target for the completion of wave (2)).

Natural gas Wave Analysis – 27 August, 2020


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