InvestingScope

Natural Gas: Well supported on 1W. Buy opportunity on pull back.

Long
NYMEX:NG1!   Natural Gas Futures
Natural Gas is so far respecting the 2.530 support on 1W and since last month's bottom has been developing a bullish sequence on 1D (STOCHRSI = 75.364, ADX = 37.193, B/BP = 0.0580). Since it is still largely neutral (RSI = 52.420, Highs/Lows = 0.0000) there will be another chance to buy, for those who missed it, with a pull back within 2.750 - 2.700. Our target is 3.055.


See below the long term outlook:





** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.

Telegram: t.me/investingscope
www.investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.