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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
Continue readingDo you remember MCX Natural Gas Wave Analysis?
Click Here: MCX Natural Gas – Elliott Wave projection
BEFORE
I have written clearly, “If the price sustains below the lower band of the channel, traders can expect the following targets: 288 – 275 – 267.”
AFTER
Do you remember MCX Natural Gas Wave Analysis?
Click Here: MCX Natural Gas – Elliott Wave projection
BEFORE
I have written clearly, “If the price sustains below the lower band of the channel, traders can expect the following targets: 288 – 275 – 267.”
AFTER
Have you traded MCX Natural gas trade setup?
Click here: MCX Natural Gas – Impulsive Wave Setup
BEFORE
Currently, Natural gas is forming sub-wave 5 of impulsive wave C. Natural gas has also broken down 200EMA and the base channel of 2 – 4 wave, which signals bearish momentum. It has faced strong support of 515, but the price didn’t respect the level and ended up losing bullish momentum.Continue reading