The previous analysis closely followed the movement of the NOG. There was also a double backtest. Therefore, there is a long position entry opportunity from this level. The previous analysis was based on the ATR axis analysis, which implies that the exchange takes wave movements along different ATR extremes. The current analysis is fractal
analysis. The essence of this is that the regularity of the fractals follows one another, but their size can be half or even double the size of the previous fractal
. In case this theory seems to be confirmed the target price rise of 2.69 usd.