NATURAL GAS: Hit the 2 month Support. Buying is favored.
Natural Gas hit the S1 Zone today (2.100 - 2.060), which started forming on February 22nd. This support has held another 8 times and with the 1D time frame neutral technically (RSI = 45.392, MACD = -0.046, ADX = 18.986), we are making a buy call targeting the 0.382 (TP = 2.440). In addition, the 1D RSI is bouncing off the HL trendline.
In the event however that the 1D candle closes under 2.060, we will revert to selling and target the -0.236 Fibonacci level (TP = 1.830).
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In the event however that the 1D candle closes under 2.060, we will revert to selling and target the -0.236 Fibonacci level (TP = 1.830).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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