By FXEmpire.com
The natural gas markets fell hard on Wednesday as the bears came back into the markets. The ADP employment numbers came out light in the United States, and as a result the demand for natural gas could be subdued as companies aren’t hiring as much as people thought. This led to a lot of selling, and because of this we formed a pattern known as a double high, low close pair. This is simply when two candles have the same high, but the second one closes much lower than those highs. A break of the bottom of the candle from the second day suggests continuation of the move, and considering that the trend agrees – we are selling a break of the Wednesday lows.
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Originally posted here
