Natural Gas (Spot)
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NATGAS Update

112
As previously posted I closed my short position a few units before the gap was closed for NG. (see my previous post)

I waited to see if price will go any further downwards, but price keeps getting rejected around the gap.
I opened a long position after seeing the price get rejected again (see illustration).

Chart seems to be forming an IHS or Cup handle.
Entry points are Entry 1 (current price) or Entry 2 after a pull back
I see further upside to my TP1 and/or TP2 if lucky.
I am letting my position run with SL to BE and see where this goes.

Thank you. GL.

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