From a technical standpoint, Natural Gas is currently at levels where there's very very limited downside and major potential for upside.
Many times when we've seen prices come to these lows, price shot up hundreds of %. It's unlikely that we'll hit 0 and therefore balance of probability suggests that going Long on Natural Gas would be a good bet!
Trade Idea:
- For a safe entry, enter on break of the red trendline
- For a risk entry, look for buying opportunities anywhere between the region of 1.6 and 1.8
- stops below lows after the red trendline breaks
- Targets: 3.5, 6, 10
Goodluck and as always, trade safe!
Many times when we've seen prices come to these lows, price shot up hundreds of %. It's unlikely that we'll hit 0 and therefore balance of probability suggests that going Long on Natural Gas would be a good bet!
Trade Idea:
- For a safe entry, enter on break of the red trendline
- For a risk entry, look for buying opportunities anywhere between the region of 1.6 and 1.8
- stops below lows after the red trendline breaks
- Targets: 3.5, 6, 10
Goodluck and as always, trade safe!
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.