Current Price: $3.267 Setup: Natural Gas is bouncing off a strong demand zone and respecting the ascending trendline support, indicating potential for a bullish move. The RSI is turning upwards, suggesting momentum in favor of buyers.
Entry: $3.267 Stop Loss: $3.15 (below demand zone and trendline support for safety) Take Profits: TP1: $3.36 TP2: $3.55 TP3: $3.98
Why Buy? Price is rebounding from a solid demand zone. Clear respect for the trendline, confirming bullish sentiment. Rising RSI signals growing momentum for a move higher.
Up to 7,200 USD profit per lot! $1,100 Risk per lot !
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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.