"Top and Bottom Analysis" NATGAS by ThinkingAntsOk
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4H CHART EXPLANATION:
Main Items we Observe on the Chart:
-Price is inside an ascending channel -Currently, the price is against a Major Support zone and facing the lower trendline of the ascending channel -We draw a descending trendline, we expect that to be broken before taking any long setup.
Based on this if price closes above 2.597 we expect a continuation of the bullish movement towards the upper trendline of the ascending channel at 2.723