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NATURAL GAS 1st Higher High since mid February. Buy.

Long
NYMEX:NG1!   Natural Gas Futures
Pattern: Triangle on 1D.

Signal: Buy as the price has rebounded on the 1D MA200 (orange trend-line) and formed the 1st Higher High since February 17. After a Higher High, a rally was always followed since July 2020.

Target: 3.140 (the 1.618 Fibonacci extension ).


Most recent signal on NG:



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