Natural Gas (XNGUSD)
Short

Natural Gas Short Analysis 29/11/2023

204
I rarely trade Natural Gas but I often get good rewards from it quickly. Overall it's bearish, just had a breakout at support and daily candle closed strongly bearish, I'm shorting down to 2.7300 with small risk. It could touch HTF demand and go up to HTF supply and then continue back down again, go up to HTF supply and then continue down or just continue going all the way down from where price currently is.

I rather see how price reacts first rather than assume how where price will go. Natural Gas is very risky but can be very rewarding if played well.

NATURALGAS

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.