I follow /NG, mostly playing through UNG. But on the
futures chart, I drew a diamond reversal (different location than
your diamond) with a pattern target of ~$3.50. Price is
currently around the 50MA, so first need to see if that holds or
gives way. Similar looking pattern on UNG (not shown).
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I follow /NG, mostly playing
For those of you following natgas. I drew in a ...
Posted by rjdst on 19th of Aug 2021 at 11:48 am
I follow /NG, mostly playing through UNG. But on the futures chart, I drew a diamond reversal (different location than your diamond) with a pattern target of ~$3.50. Price is currently around the 50MA, so first need to see if that holds or gives way. Similar looking pattern on UNG (not shown).