NaturalGas enters resistance zone. H4 25.11.2024

25 thg 11

⛽️ NaturalGas enters resistance zone 📉

On gas the price has entered the zone of strong resistance 3.51-3.63 from which I expect a new exit of the price down. Now on the comeback a false break above is possible, but in general the zone for selling is strong. I aim for a bounce down to 3.0 and 3.15, and there will clarify. The main support is near 3.0 and there is the boundary of the ascending channel from which they can bounce up again.

NGAS

3 thg 12

Giao dịch đang hoạt động

#NaturalGas in the process of working out 📉

Gas made a perfect workout of last week's trading recommendation on it. The price bounced from the resistance zone 3.51-3.62 and is falling, according to the analysis. I think the nearest fall target is around 2.95+- and it can bounce from there. Near this level is the border of the ascending channel, the zone of buyers and the local support level. In the next post I will show how they look like when the price gets closer. Then a corrective bounce upwards is possible.

4 thg 12

Đóng lệnh: đạt mục tiêu

Price Hit TP 3.00