Natural Gas (XNGUSD)
Long
Aggiornato

GAS is almost ready for the next move

3 104
Europe is full with gas, and the winter is soft, and blah blah blah.
Let's see through technical glasses, 0.886 level is strong level, I expect that gas will reach it, mot probably even brake it, and afterwards we seek for golden pocket and 0.5 fib.
Support and resistance, baby!
Trade attivo
NGAS is ready for the first small entry.
Position opened on 2.26$
Trade attivo
Moving SL to BE, NGAS doesn't look that good for me.
Trade attivo
Moving SL 1/2 of the trade to 0.886 level

Good luck guys!
Trade chiuso: stop raggiunto
Stop loss was reached @ 2.50
Nota
Bullish divergence on the weekly chart for natgas suggests a potential shift in momentum, indicating underlying strength despite price stagnation.
Potentially, expecting 2$ test in short-term and then I'm expecting bullish rally.

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