NG is back to the resistance line which is also the neckline of the inverse HS. However there is a gap below. Would it be filled before breaking the neckline?
In the monthly TF, spinning top is formed. May shall be a big move month IMO.
In the weekly TF, a bullish engulfing candle is seen. NG is bullish again. Buy on dip.
Daily support/resistance on 1st May: 3.267, 3.264
Weekly support/resistance from 1st May - 5th May: 3.233, 3.160
Monthly support/resistance for May: 3.241, 3.185 (NGM7: 3.271, 3.274 )
Monthly support/resistance for Apr: 3.125, 2.992 (NGK7: 3.143, 3.045 )
2017 Yearly support/resistance: 3.415, 2.757
Daily support/resistance on 1st May: 3.267, 3.264
Weekly support/resistance from 1st May - 5th May: 3.233, 3.160
Monthly support/resistance for May: 3.241, 3.185 (NGM7: 3.271, 3.274 )
Monthly support/resistance for Apr: 3.125, 2.992 (NGK7: 3.143, 3.045 )
2017 Yearly support/resistance: 3.415, 2.757
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