Commodity MCX / NCDEX tips, energy tips, FREE Stock, Commodity & Forex tips, mcx tips

EWT – Is Natural Gas Prepared for a Reversal?

Free mcx natural gas chart calls

In our previous article, we discussed impulsive wave C and its continuation. On 20 January 2023, Price achieved our all given targets.

Click here: MCX Natural Gas – Elliott Wave projection

Free mcx natural gas chart calls

MCX Natural gas has accomplished the corrective wave B and started falling for impulsive wave C. Price has given a reversal from previous wave C, but it is no conclusive evidence that it has completed wave c.

When it comes to confirmation, Traders should watch the level of 313. If the price breaks out the 313, it will enter into the parallel channel. Traders can buy for the following targets: 321 – 340 – 366.

Don’t forget prices are moving outside the channel, which is a negative point for traders. Bearish continuation is possible if the price sustains below wave (4).

I will update further information soon.

Get free MCX ideas, chart setups, and analysis for the upcoming session: Commodity Tips

Want to get premium trading alerts on gold, silver, crude oil, etc., and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium MCX Calls

Premium features: daily updates, full access to the Moneymunch #1 Rank List, Research Reports, Premium screens, and much more. You΄ll quickly identify which commodities to buy, which to sell, and target today΄s.

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

Previous ArticleNext Article
Mr.Dev(s) is a team of non-biased certified technical and research analysts with extensive experience in the financial markets dating back to 1997. They accurately forecast market movements and position their clients accordingly. They are popular online contributors on many channels and platforms, known for their non-biased advice and commitment to helping investors make informed decisions. The team is also the founder of forex account management services on, demonstrating their knowledge and experience in the financial world. Investors can rely on Mr.Dev(s) for research reports and opinions, as well as trading guidance.

Visit here: Premium Commodity & Forex Tips
Join Today (Free): Commodity Tips | Forex Signals


Write a Comment

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted. Your email address will not be published. Required fields are marked *

Live Chat
< 4 min wait
Get a callback
<10 min wait

Chat with us on WhatsApp

Send this to a friend