TanujaK

NATURALGAS UPWARD MOVEMENT POTENTIAL with RISK:REWARD 2.1

Long
CAPITALCOM:NATURALGAS   Natural Gas
Natural gas analysis what is the analysis
time frame Taken 2 hours
Upward moment potential
There is a break out from the downtrend movement and we can observe two times rejections at the trend line and a third time it's rallying upside. So, we can consider the BUY call above the candle closes with RISK:reward=2.
BUY at 2.24 wit stop loss 2.08 and the target at 2.48.

NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading

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.