longsonvn

Natural Gas April 22, 2024: Waiting to Break Above the Resistanc

longsonvn Updated   
CAPITALCOM:NATURALGAS   Natural Gas
On April 22, 2024, NATURALGAS is trading below the resistance of 2.04 - 2.05 (yellow line) from Feb 6, 2024, with 3 bottoms forming as shown on the chart.

A break above this resistance would trigger a buy signal with the target around 2.45 as shown on the chart, the same distance to the resistance as the from first bottom.
Trade closed: stop reached:
I closed the trade as the price returned back to below the support.

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