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DanteBouzas
Nov 12, 2020 1:51 PM

NatGas in an inverted widening triangle? Bullish setup Long

Henry Hub Natural Gas Futures (Dec 2020)NYMEX

Description

Looks like we bounced off that Breakout area from Aug 03 where Volume spiked and price surged. the Fibonacci retracement is between 3.100 and 3.200, this might be a potential spot for a reversal back down to test lows or further. There is still downside risk. If it breaks this area there's a good chance we could go for the highs again.
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