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ForecastCity
Mar 15, 2020 8:09 PM

Don't miss the great buy opportunity in NGAS Long

Natural GasCurrency.com

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.78). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NGAS is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.

Take Profits:
TP1= @ 2.02
TP2= @ 2.21
TP3= @ 2.49

SL= Break below S2
Comments
Kristalyn
Nice analysis!
ForecastCity
@Kristalyn, Thanks for you comment. we hope you find it helpful.
Kamryn
from my point of view the price will raise up too.
ForecastCity
@Kamryn, Thanks for sharing your point of view.
fxniki
I agree with you. It's a great buy opportunity in NGAS. Thanks for sharing your idea.
ForecastCity
@fxniki, You're welcome.
Pro_Trader_007
Well done
ForecastCity
@Pro_Trader_007, thanks ;)
Best_Forecast
I've put in my trade Hope to hear again from you Thanks
ForecastCity
@Alexander_007, Thanks for your comment. we hope you make maximum profit.
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