Technical analysis NATGAS for 20.11.2024
20.11.2024 08:32
Week
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. 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. The closest support and resistance levels are Tenkan-se and Kijun-sen, respectively. The closest support and resistance levels are Kijun-sen and Tenkan-se, respectively
Key levels
2.960, 3.106, 3.123, 3.197, 3.284
Trading scenario
Recommended opening short positions (Sell Stop) from the level of 3.197, with Take Profit of 3.106 and Stop Loss of 3.284
Alternative scenario
Recommended opening long positions (Buy Limit) from the level of 3.123, with Take Profit of 3.284 and Stop Loss of 3.106
Scenario
Recommendation
SELL STOP
Entry Point
3.197
Take Profit
3.106
Stop Loss
3.284
Key Levels
2.960, 3.106, 3.123, 3.197, 3.284
Alternative scenario
Recommendation
BUY LIMIT
Entry Point
3.123
Take Profit
3.284
Stop Loss
3.106