TradingView
longsonvn
Apr 22, 2024 9:41 AM

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

Natural GasCapital.com

Description

On April 22, 2024, CAPITALCOM: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.
More