Gas price confirms the positivity – Analysis – 21-8-2018

Gas price confirmed the continuation of the bullish attempts, to notice providing a new positive close above the bullish channel’s support at 2.940, increasing the chances for recording several positive targets in the near and medium period, the initial positive target at 3.050, to expect targeting 3.150 level by surpassing this level reaching to the bullish channel’s resistance at 3.235.

By the above image, stochastic approach from 80 level increases the chances for gaining the positive momentum, to confirm its readiness to resuming the bullish attack until hitting the suggested targets.

Expected trading range for today is between 2.950 and 3.050

Expected trend for today: Bullish