Gas Long Setup
π΅ Entry: $2.81
π’ TP & RR: $3.04 (1.71)
β Stop Loss: $2.67
Trade Reasons:
βοΈ Reaching lower trend line
βοΈ Reaching support level
βοΈ Market Flow indicator printing small divergences in the oversold area
π Not a great RRR, but the SL is positioned at a very safe level below the diagonal trendline and the recent lowest low. If price bounces off that level I will be quick to trial the SL so that I minimize exposure and lock in some profits.
π΅ Entry: $2.81
π’ TP & RR: $3.04 (1.71)
β Stop Loss: $2.67
Trade Reasons:
βοΈ Reaching lower trend line
βοΈ Reaching support level
βοΈ Market Flow indicator printing small divergences in the oversold area
π Not a great RRR, but the SL is positioned at a very safe level below the diagonal trendline and the recent lowest low. If price bounces off that level I will be quick to trial the SL so that I minimize exposure and lock in some profits.