Trading Idea - Natural Gas, 05-08-2022


Trading Idea: #C-NATGAS

Trading SignalBuy
DirectionBullish
PatternTrading in upward channel
IntervalDaily
Length (Candles)2

Idea Summary


The short term NATGAS price forecast is bullish. The NATGAS price is testing the lower bound of upward channel. Most likely the price will reflect off the lower bound while there is small likelihood it may breach below Fibonacci 61.8 level and the lower bound of the channel.  


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