Natural Gas/USD Trading Analysis (24/06/2024)
The trend is ascending. The gas is traded in the range between 365 and 135 ЕМА. The downward truncated wave structure finished with the breach of the Pivot 2 of the wave C. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the breach of 2.740.
Stop-loss at 2.643.
Target levels at 2.886 and 3.025.
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