Natural Gas Forecast on April 10, 2017


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Natural Gas quotes demonstrate the development of the bullish trend and continue to move within the ascending channel. At the moment, the potential for the completion of growth and the beginning of the fall in the area below the level of 3.05 remains. In favor of falling quotes Natural Gas stands a rebound from the descending line of the trend on the indicator of relative strength.

Natural Gas Forecast on April 10, 2017

And also the formation of the head and shoulders reversal pattern on the indicator, which indicates a drop already from the current levels. The abolition of the fall variant will be the breakdown of area 70 on the indicator of relative strength.

Natural Gas Forecast on April 10, 2017

Expect the acceleration of the fall Natural Gas costs with the breakdown of the support line on the indicator. The abolition of the fall option will be a breakdown of the area 3.45, which indicates a potential continuation of growth. Natural Gas Forecast on April 10, 2017 involves an attempt to fall as part of the development of the head and shoulders reversal pattern on the relative strength indicator with a shred goal near the area of 3.05.


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