Natural Gas (XNGUSD, NATGAS)

NATURALGAS UPWARD MOVEMENT POTENTIAL with RISK:REWARD 2.1

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Natural gas analysis what is the analysis
time frame Taken 2 hours
Upward moment potential
There is a break out from the downtrend movement and we can observe two times rejections at the trend line and a third time it's rallying upside. So, we can consider the BUY call above the candle closes with RISK:reward=2.
BUY at 2.24 wit stop loss 2.08 and the target at 2.48.

NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading

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