rekhi567

Natural Gas - Wave Structure

CAPITALCOM:NATURALGAS   Natural Gas

Some older stocks and commodities have a very complex wave structure but Natural Gas is easier to understand in higher time frame.

I have taken Natural Gas in 14 Days time frame and it is very easy to understand. The whitish line is depicting overall wave movement and red line I have drawn for every body to understand.

So, the new wave has started and it is clearly visible from the chart.


Also check 1H chart attached. It has started upward movement but still has resistance at 2.42

Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
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