Monday, 1 May 2017

NG, breakout rising wedge.

nymex hourly chart


     This is short term rising wedge pattern breakout, which is bearish to price. Use it , if you can.
update 1, 07.46 p.m, 1 st May 2017
     3.24 is prior low, which is working as a support. After breaking it price will tumble down.
final update, 09.16 p.m, 1 st may
     Book profit or use trailing sl method to protect profits. Thank you , Jay Shriram.

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