Quant_

Gas Climbing Up - Long Order

Long
OANDA:NATGASUSD   CFDs on Natural Gas
Gas Climbing Up - Long Position

Entry: $2.715
TP & RR: $2.877 (3)
Stop Loss: $2.661

REASONS FOR THE TRADE

So far price action has formed a diagonal trend line , so I believe if it respects that level the price should bounce up and head towards a double top . There's also the possibility that we don't get filled and the price starts trending up without us, which is fine. We want to put the SL at a level that makes sense and the only one such is just too far, giving us a pretty bad Risk:Reward Ratio.
Trade closed: stop reached: Not what we were hoping for... SL hit.
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