Natural Gas/USD Trading Analysis (22/11/2023)
The downgrade wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the ascending wave structure when the A-wave breaches the sloping channel of the descending truncated structure.
Stop-Loss: 2.808.
Target price level: 2.980, 3.147.
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