NATGAS is Bearish amid Oversold Signals

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FenzoFx—NATGAS is in a downtrend, broke below the $3.66 support. The primary trend is bearish, but a consolidation phase is expected.

In this scenario, Natural Gas may test the 50.0% Fibonacci retracement level at $3.866 before the downtrend resumes. Watch this level for bearish signals, like candlestick patterns.


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