Natural Gas correction before the attack on high again
Natural Gas has been rejected by the strong upside resistance of 6.5. This is a medium-term uptrend resistance coupled with a rising wedge resistance line. We expect a continuation lower to 5 before a new attack on 6.5 high which is the key long-term upside resistance that will confirm that the instrument has based and reached the bottom.
Note: look for the short trade entry with a stop loss above 6.100
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