Natural Gas/USD Trading Analysis (19/03/2025)
The trend is up. The gas is traded in the range between 365 and 135 ЕМАs on the H1 timeframe, and on 200 EMA on the H4 timeframe. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy on the breach of 4.142
- Stop-loss at 3.984.
- Price targets at 4.350 and 4.625.
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