NAT GAS - Sideways move coming to an end - looking to upside !

Looks like this Triangle is coming to an end as price is in the support zone of wave ((e)) of wave 4.

So, we should see a bounce towards 5.20 and higher for wave 5.
A break above 4.76 is a good confirmation of bullish move.

Invalidation level is at 3.98

R/R > 1/3 !

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This alternate count suggests we might see one more leg lower before going up.

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Price is coming a bit to deep ... the alternate count starting to become more relevant

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Alt count played out, with price falling fast.
We should start see some exhaustion from now on.

ElliottWaveBelgium

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ElliottWaveBelgium

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