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Trading Idea - Natural Gas, 28-11-2023
Trading Signal: #C-NATGAS
| Order | Buy |
| Direction | Bullish |
| Pattern | Trading in flag pattern |
| Interval | Daily |
| Length (Candles) | 8 |
Idea Summary
The NATGAS price forecast is bullish. The NATGAS price is retracing up after testing the support of a flag chart pattern. Most likely the price will continue rising after the test of the support as it tests the Fibonacci 61.8 level. It will likely continue rising after breaching above the Fibonacci 61.8 while there is a likelihood it may reverse and start declining toward the support again if it fails to breach above Fibonacci 61.8.
Note:
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