XNGUSD ready to reverse recent downtrend LONG

Güncellendi
On the daily chart here XNGUSD had a head and shoulders or double top last summer and fall

and has now trended down to support. I see this as a prime place to take a long position.

The decline of the overvalued USD contributes to this idea as does the persistent demand in Europe

for compressed / liquid NG and the ongoing war there that could eventually grind into WWIII.

ETFs such as BOIL , UNG and UNL may be a good way to make this trade if not in the forex market.
İşlem aktif
JUst got a big three bar play on the fed announcement or a rate hike.
İşlem aktif
Nice price action this morning to begin the week.
BOILCommoditiesdollarDouble Top or BottomeuropeHead and ShouldersTrend AnalysisUNGUNLxngusd

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