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Natural Gas: Bullish Hammer Playing Out

Published 02/24/2017, 05:01 AM
Updated 02/01/2024, 03:34 AM

After testing the huge long-term support, NG longs can be happy by the way this week is playing out with this “Bullish Hammer.”

Natural Gas: 1-Week Chart

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Latest comments

Dear friends Mr. Petros Steriotis's analysis is not late. No doubt you all know about this formation of a "Bullish Hammer" in a weekly chart because I pointed this formation in advance on February 23rd in my analysis "Natural Gas: Decisive Trading Zone: Part III". Mr Petros Steriotis's comments means a lot in the world of Natural Gas Analysis. A down move after his comments never prove he is too late to predict this formation. A down move after a long term Bullish formation confirms the strength of this formation. Secondly, "Bullish hammer" in a Weekly chart mean a bullish move for a long time in coming weeks, not a day move. Mr. Petros Steriotis thanks a lot for your confirmation. .
We all know that , you have no analysis my friend just report which are also late
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