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The $BTU market trend once again confirms the breakout direction of the symmetrical triangle resistance level we shared two days ago. Today's performance even gave the bulls a perfect confirmation— a strong 6% bullish candle, which is exactly what you would expect after a period of consolidation.
After a consolidation phase, experiencing such a continuation move is the rhythm that trend-following traders want to see. The technical outlook is clear, with volume and price action in sync, and the subsequent outlook remains optimistic.