Natural Gas FuturesShort
NATURALGAS UPDATE - JUNE 13th - 14th
Natural Gas: Potential Short Trade Setup (Technical Analysis)
Entry: Short below 249.5 (with confirmation, e.g., price breaking below a support level)
Targets:
T1: 248 (1st profit target, 1.5 points from entry)
T2: 246 (2nd profit target, 3.5 points from entry)
Stop-Loss: 250 - 251
Risk Management:
Always remember to practice proper risk management. This strategy suggests a stop-loss placement 1.5 points above the entry point, limiting potential losses if the price reverses.
Entry: Short below 249.5 (with confirmation, e.g., price breaking below a support level)
Targets:
T1: 248 (1st profit target, 1.5 points from entry)
T2: 246 (2nd profit target, 3.5 points from entry)
Stop-Loss: 250 - 251
Risk Management:
Always remember to practice proper risk management. This strategy suggests a stop-loss placement 1.5 points above the entry point, limiting potential losses if the price reverses.
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.
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.