Technical analysis NATGAS for 17.10.2024
17.10.2024 08:15
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support and resistance levels are Tenkan-se and Kijun-sen, respectively
Key levels
2.775, 2.779, 2.802, 2.846, 2.853
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 2.775, with Take Profit of 2.802 and Stop Loss of 2.755
Alternative scenario
Recommended opening long positions (Buy Limit) from the level of 2.802, with Take Profit of 2.846 and Stop Loss of 2.775
Scenario
Recommendation
BUY LIMIT
Entry Point
2.775
Take Profit
2.802
Stop Loss
2.755
Key Levels
2.775, 2.779, 2.802, 2.846, 2.853
Alternative scenario
Recommendation
BUY LIMIT
Entry Point
2.802
Take Profit
2.846
Stop Loss
2.775