Natural Gas ScenariosIf the yellow curve does not hold, or the two red marked levels below, the white path with a continuation of the downward channel can be expected. Otherwise, we might see an attempt to shoot for the white rectangle. For such a scenario, first a break of the green curve needs to happen, and then the price action around the potential support of the yellow line or the red price levels below should give us bullish signs. The other 2 price levels above are potential resistance levels which need to be pierced.
!: If the yellow arc does not hold and the price doesn't shoot up, carefully watch out for any significant drops below any higher lows that have been formed in the meantime, which will signal a weakness in the potential bullish wave.
