Technical analysis NATGAS for 17.10.2024
17.10.2024 21:41
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Blue is directed downward, while red remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines
Key levels
- 2.668, 2.740, 2.823, 2.860, 2.903
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 2.740, with Take Profit of 2.903 and Stop Loss of 2.668
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 2.860, with Take Profit of 2.668 and Stop Loss of 2.903
Scenario
Recommendation
BUY LIMIT
Entry Point
2.740
Take Profit
2.903
Stop Loss
2.668
Key Levels
2.668, 2.740, 2.823, 2.860, 2.903
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
2.860
Take Profit
2.668
Stop Loss
2.903