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xtrader1
Nov 14, 2022 10:14 PM

NATGAS UP AS TEMRATURES DROP ? Long

Natural Gas (Spot)Pepperstone

Description

- Tempratures are dropping in EU after a relatively soft Autumn
- Cold weather should increase demand for NATGAS
- NATGAS in a up-sloping Wyckoff channel
- Looking for a 1 deviation run higher
- Lower GAP is support
- Mid GAP should offer support once broken
- Higher GAP is target = 2nd DEV = Monthly R2
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