- March 17, 2021
- Posted by: Tradingshot Articles
- Category: Commodities
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Pattern: Triangle on 1D.
Signal: Buy as the price has found support just above the 1D MA200 (orange trend-line) and within the 8-month Higher Lows Zone (green). The RSI also hit its own Support Zone.
Target: 3.140 (the 1.618 Fibonacci extension).
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Tradingview link:
https://www.tradingview.com/chart/NG1!/2rcV2WnE-NATURAL-GAS-Buy-Signal