Updated
NATURAL GAS buy for short term
Natural gas has formed up trend line pattern in 4H time frame, a proper trend reversal is confirmed.
buy @ CMP expected target is 2.878. Expected target to reach in 3 week.
buy @ CMP expected target is 2.878. Expected target to reach in 3 week.
Trade active
inventory result was positive.conservative entry now.
Note
Target 1 : 2.184 has reached, 2.184 is a 4H resistance.
weekly resistance is crossed so can expect the market to reach next weekly resistance which is 2.882.
Trade closed: target reached
Expected target 2.878 reached. Which is a weekly resistance, if a candle closes above 2.878 by this weekend, next target would be 2.980Note
2.980 also hit.
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