NAT GAS - Sideways move coming to an end - looking to upside !

Looks like this Triangle is coming to an end as price is in the support zone of wave ((e)) of wave 4.

So, we should see a bounce towards 5.20 and higher for wave 5.
A break above 4.76 is a good confirmation of bullish move.

Invalidation level is at 3.98

R/R > 1/3 !

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Note

This alternate count suggests we might see one more leg lower before going up.

Note

Price is coming a bit to deep ... the alternate count starting to become more relevant

Note

Alt count played out, with price falling fast.
We should start see some exhaustion from now on.

ElliottWaveBelgium

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ElliottWaveBelgium

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
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Thanks !

Also on:

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