- April 19, 2021
- Posted by: Tradingshot Articles
- Category: Commodities
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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Tradingview link:
https://www.tradingview.com/chart/NG1!/4QzqEl0A-NATURAL-GAS-1st-Higher-High-since-mid-February-Buy