Technical analysis NATGAS for 23.09.2024

Intraday
Technical

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines

Key levels

1.926, 2.395, 2.537, 2.869, 3.153

Trading scenario

Recommended opening long positions (Buy Limit) from the level of 2.869, with Take Profit of 3.153 and Stop Loss of 2.700

Alternative scenario

Recommended opening short positions (Sell Limit) from the level of 2.978, with Take Profit of 2.537 and Stop Loss of 3.153

Scenario
Recommendation
BUY LIMIT

Entry Point
2.869

Take Profit
3.153

Stop Loss
2.700

Key Levels
1.926, 2.395, 2.537, 2.869, 3.153
Alternative scenario
Recommendation
SELL LIMIT

Entry Point
2.978

Take Profit
2.537

Stop Loss
3.153
Nikolai Krishtopov
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo

Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.