Next week we'll see in which direction Natgas will continue it's movement.
All the fear about the worldwide spreading corona virus also struggled the CFD's of Natgas. If Natgas is able to hold the price above the trendline in H4 (or above the EMA 20 in the daily) we could see a bullish continuation. Pay attention to the news, cause bad facts about the virus could also influence Natgas and put price even lower, cause of less demand especially from china.
I'll place a trade here only if I get a chance for a Long entry.
All the fear about the worldwide spreading corona virus also struggled the CFD's of Natgas. If Natgas is able to hold the price above the trendline in H4 (or above the EMA 20 in the daily) we could see a bullish continuation. Pay attention to the news, cause bad facts about the virus could also influence Natgas and put price even lower, cause of less demand especially from china.
I'll place a trade here only if I get a chance for a Long entry.