FX.co ★ Natural Gas (NG)

Hello traders! Bulls with profit! So, a comprehensive analysis of the #NG market, conducted using Elliott Wave Analysis (EWA), the MACD indicator, and analysis of the disposition of moving averages with periods of 55, 89, and 144 on the lower wave level of the M15 chart, revealed the complete completion of all waves within the structure of the higher-order wave "A". As tomorrow is Friday, preceding the options expiration, profit-taking is expected, followed by a significant correction in wave "B". This situation will provide favorable opportunities for opening long positions.