Quant_

Gas Long Setup

Long
CAPITALCOM:NATURALGAS   Natural Gas
GAS Long Setup
๐Ÿ”ต Entry Level: $5.673
๐ŸŸข Take Profit: $6.094
โ›” Stop Loss: $5.441

Reasons:
- So far the price is respecting the ascending channel ;
- I believe the price may bounce off the lower trendline in the area between $5.535 and $5.670.

Game Plan: If the price goes through the lower trendline (yellow), which at the moment acts as a support level , then I will be looking to open a short position on a retracement unless the 2nd trendline (white) acts as another support level .

๐Ÿ“Š Premium Indicators | https://empyrical.com/

๐Ÿ“ˆ Daily Trade Signals | https://www.tradingview.com/u/Quant_/

๐Ÿ—ช Contact on Telegram| https://t.me/empyrical_com