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.

Trade active:

inventory result was positive.

conservative entry now.

Comment:

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 2.980

Comment:

2.980 also hit.