NATGAS BUY LONG
👉🏻 Navigating the markets with a clear trading strategy is essential for success. 📈 The chart shows an interesting setup for a potential long trade on Natural Gas (NATGAS), in line with the market cycle theory.
📌 Pattern analysis: The price has recently broken a descending trendline, which is a potentially bullish signal. After a retracement towards the 0.618 Fibonacci level, the price has formed a solid support, highlighting a key demand area. This zone is well marked by the gray rectangle, indicating an accumulation region.
📌 Next move: With an upward breakout confirmed, we see a clear potential for growth towards the target indicated in the green area, with a target of 2.600. This move is reinforced by the recent positive reversal, suggesting a trend change is underway.
📉 Risk management: The stop-loss level is strategically placed below the recent low at 2.084, which allows minimizing losses in case of false signals. The risk/reward ratio appears favorable, making this setup interesting for long-term-oriented traders.
👉🏻 Conclusion: As always, capital protection is crucial. By following this strategy based on solid technical analysis, you can identify an entry opportunity with well-calculated risk. Patience and discipline in following the trading plan are keys to long-term success.
📩 If you have any questions or want to discuss this analysis further, leave a comment or send us a message. We’re here to help! 😃
📌 Pattern analysis: The price has recently broken a descending trendline, which is a potentially bullish signal. After a retracement towards the 0.618 Fibonacci level, the price has formed a solid support, highlighting a key demand area. This zone is well marked by the gray rectangle, indicating an accumulation region.
📌 Next move: With an upward breakout confirmed, we see a clear potential for growth towards the target indicated in the green area, with a target of 2.600. This move is reinforced by the recent positive reversal, suggesting a trend change is underway.
📉 Risk management: The stop-loss level is strategically placed below the recent low at 2.084, which allows minimizing losses in case of false signals. The risk/reward ratio appears favorable, making this setup interesting for long-term-oriented traders.
👉🏻 Conclusion: As always, capital protection is crucial. By following this strategy based on solid technical analysis, you can identify an entry opportunity with well-calculated risk. Patience and discipline in following the trading plan are keys to long-term success.
📩 If you have any questions or want to discuss this analysis further, leave a comment or send us a message. We’re here to help! 😃
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