Bullish Indicators Identified: Bullish breakout above the neckline of a double bottom pattern, previously acting as horizontal resistance. Break of a falling trend line, signaling potential trend reversal.
Expanding Demand Zone: The broken structures suggest a new demand zone, increasing the likelihood of a bullish continuation.
Target Level: Watching for price movement towards the 2.10 level.
Breakout Confirmation: A strong move above 187.8 will confirm the bullish breakout.
Risk Management: make sure to put stoploss
Disclaimer: This is a technical analysis based on the provided data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
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הערה
Naturalgas now sustaining above 190 level which is support zone.
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