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Bullish Setup in Range-bound Market
Natural Gas Futures
Long
Bullish Setup in Range-bound Market
By IbrahimTalaat
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Follow
Jun 17, 2023
4
Cheer
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3
3
Jun 17, 2023
Natural gas has been moving within a range, and currently, we are at the lower part of the range.
We are patiently waiting for a shift in market structure (creating a HH). This would indicate a potential upward movement within the range.
Entry Point:
We plan to enter a trade on a pullback (LH) utilizing the (weekly FVG) with the trendline acting as a support.
Target:
Our target is set at the upper end of the range, with tp1 at 50% of the range.
NFA
Natural Gas
Natural Gas
Trend Analysis
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