Home About the company Daily reviews Natural Gas/USD Trading Analysis (27/11/2023)

Natural Gas/USD Trading Analysis (27/11/2023)

The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. Bears are testing the mirror level of 2.780.

Natural Gas/USD chart as of 27/11/2023 with technical indicators

Trading idea:

Buy at the formation of the ascending wave structure, when the A-wave breaches the sloping channel of the downward truncated structure.

Stop-Loss under the local minimum of the descending structure.

Target price levels: 2.950, 3.170.

#gasusd #naturalgas #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
Back to all reviews Back

Subscribe to market analysis

Thank you for subscribing to our analytics

Review topic

All Fundamental reviews Market news Premarkets Technical reviews
Log in Registration

Don't have your language?