Natural Gas/USD Trading Analysis (14/01/2025)
The trend is up. Gas is traded in the range between 365 and 135 ЕМАs. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy when the formation os the ascending wave structure begins, when the wave A breahes the sloping channel of the descending wave structure.
- Stop-loss at 3.855.
- Price targets at 4.260 and 4.345.
#gasusd #naturalgas #tradersroom #daytradingpatterns #forexexpertadvisor
