Natural Gas/USD Trading Analysis (23/10/2023)
The trend is ascending. Bears tested the mirror level of 2.840. 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.
Stop-Loss: 2.840.
Target price levels: 3.120, 3.350. …