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NATURAL GAS Trading Plan

NYMEX:NG1!   Natural Gas Futures
Pattern: Channel Up on 1D.

Signal: (A) Buy as long as he price trades above the 1D MA200 (orange line) (B) Sell if it breaks below it.

Target: (A) 2.700 (right below the Resistance) (B) 1.650 (right above the Support).

*Note: the RSI is near its 1 year Support Zone. Only once this failed to initiate a bullish sequence.



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