Title: Long Natural Gas Based on Bullish Divergence and Weekly Order Block
Trade Setup: - Asset: Natural Gas - Timeframes: Daily and Weekly - Entry: Buy at the close of a bullish candlestick pattern confirming divergence on the daily chart - Stop-Loss: Below the weekly order block or recent swing low - Take-Profit: Based on key resistance levels or a 1:3 risk-reward ratio
Analysis: - Bullish divergence confirmed on the daily timeframe - Price in a weekly order block, indicating strong support - Volume supports potential bullish reversal
Trade Plan: - Enter long position on daily bullish confirmation within the weekly order block - Set stop-loss below the weekly order block or recent swing low - Take profit at key resistance levels or using a 1:3 risk-reward ratio - Risk 1-2% of trading capital
This trade plan aligns with the technical analysis and provides a structured approach to capitalizing on the potential bullish reversal in Natural Gas.