EDUCATIONAL STUDY (NATURAL GAS)
Updated
1. The price meets resistance at FIBO 0.50 and breaks the trendline, this confirm the bearish trend.
2. The candle retest the structure resistance and EMAs, giving signal to sell.
3. Set SL above EMAs, or above the turning point 3.508
4. Set TP so that the RR ratio becomes 1:1.5 or 1:2, or set TP at neaxt structure support
2. The candle retest the structure resistance and EMAs, giving signal to sell.
3. Set SL above EMAs, or above the turning point 3.508
4. Set TP so that the RR ratio becomes 1:1.5 or 1:2, or set TP at neaxt structure support
Note
H4 CHART
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