Natural Gas Support and Fib level- LONG
Hello fellow traders
Why do I think there is time for Natural Gas to rise? Few reasons
1. Fib levels at 0.618 of a drop
2. Support level right now!
3. RSI at a very low levels- exhausted sales
This is just an idea not a tradfing advise, I am keeping this position opened with s/l and t/p as shown 3.04 t/p is for the remaining half of the position as I plan to close half when it's at the marked resistance level, always trade with s/l avoid tears..
Trade closed: stop reached
unfortunatelly trade was closed some negative news but I will reopen as soon as I can see the divergency in 1h chart
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.