Natual Gas Making a Resistance Run?
Natural Gas seems so have found support and heading to test for resistance. We can see clear bullish RSI divergence on the Daily chart.
On the 15m chart, we have a bull break on an ascending triangle.
On the 4hr chart we can see we have broken through and established ema support.
I took a 5x position on the last dip at 2.553, Looking for a continuation of Higher highs and Higher lows on the 4hr. Once that breaks, I'm out. Let's see how this goes.
#NATGASUSD
Exchanges: OANDA / FOREX
Leverage: 5
Long: 2.550-2.580
Targets: 2.670-2.734-2.833-2.999-3.600
Stop Targets: 2.500
On the 15m chart, we have a bull break on an ascending triangle.
On the 4hr chart we can see we have broken through and established ema support.
I took a 5x position on the last dip at 2.553, Looking for a continuation of Higher highs and Higher lows on the 4hr. Once that breaks, I'm out. Let's see how this goes.
#NATGASUSD
Exchanges: OANDA / FOREX
Leverage: 5
Long: 2.550-2.580
Targets: 2.670-2.734-2.833-2.999-3.600
Stop Targets: 2.500
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