Long in Natural Gas (Short-term) till 1.825 to 1.850
Ascending triangle pattern is seen in NG (like in crude yesterday), this implies buyers are in control.
The price comfortably closed above the triangle's top (1.730 zone).
Buyers can push the price higher from here till next supply zone of 1.825 to 1.850. Post which they would take a breathe or rest - will be decided later.
As of now, its a temporary buy.
Carrying this trade over night is not recommended. Sticking to intraday is advisable.
Note: This is purely for educational purpose only, please do your analysis before taking any trades.
The price comfortably closed above the triangle's top (1.730 zone).
Buyers can push the price higher from here till next supply zone of 1.825 to 1.850. Post which they would take a breathe or rest - will be decided later.
As of now, its a temporary buy.
Carrying this trade over night is not recommended. Sticking to intraday is advisable.
Note: This is purely for educational purpose only, please do your analysis before taking any trades.
Trade closed manually:
A dragon fly doji seen. Better to exit to cost
