Natural Gas Swing Trade
Title: Long Natural Gas Based on Bullish Divergence and Weekly Order Block
Trade Setup:
- Asset: Natural Gas
- Timeframes: Daily and Weekly
- Entry: Buy at the close of a bullish candlestick pattern confirming divergence on the daily chart
- Stop-Loss: Below the weekly order block or recent swing low
- Take-Profit: Based on key resistance levels or a 1:3 risk-reward ratio
Analysis:
- Bullish divergence confirmed on the daily timeframe
- Price in a weekly order block, indicating strong support
- Volume supports potential bullish reversal
Trade Plan:
- Enter long position on daily bullish confirmation within the weekly order block
- Set stop-loss below the weekly order block or recent swing low
- Take profit at key resistance levels or using a 1:3 risk-reward ratio
- Risk 1-2% of trading capital
This trade plan aligns with the technical analysis and provides a structured approach to capitalizing on the potential bullish reversal in Natural Gas.
Trade Setup:
- Asset: Natural Gas
- Timeframes: Daily and Weekly
- Entry: Buy at the close of a bullish candlestick pattern confirming divergence on the daily chart
- Stop-Loss: Below the weekly order block or recent swing low
- Take-Profit: Based on key resistance levels or a 1:3 risk-reward ratio
Analysis:
- Bullish divergence confirmed on the daily timeframe
- Price in a weekly order block, indicating strong support
- Volume supports potential bullish reversal
Trade Plan:
- Enter long position on daily bullish confirmation within the weekly order block
- Set stop-loss below the weekly order block or recent swing low
- Take profit at key resistance levels or using a 1:3 risk-reward ratio
- Risk 1-2% of trading capital
This trade plan aligns with the technical analysis and provides a structured approach to capitalizing on the potential bullish reversal in Natural Gas.
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