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Huge symmetrical triangle on Natural Gas

312
This is a big one, I want this chart in my history. Giant flag/symmetrical triangle.

Warmer Dec than expected and we break down hard! But this is a bullish pattern and continues upwards. Lots of ways to play it, might be wise to just wait for a resolution/breakout first instead of front running.
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Update
Oversold on lower bollinger bands on most time frames up to 12 hr but of course NG can move strongly.
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Updated to include the bull flag spotted by Flapjacks28
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Price outside hourly upper bollinger band, price will continue until it finishes its pullback retest to pennant resistance breakdown. Short heavy on the red circle but be diligent about stops.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.