CFDs di Gas AsliPanjang
NATGASUSD | Sideways Market Since the End of 2008
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Initiate Long.
Entry - 1.967
TP1 - 2.788
TP2 - 3.752
TP3 - 4.687
SL - 1.626
Reason: At first look we have a Descending Triangle, though current formation is a Channel (with fakeouts) since the end of 2008. Pay attention or Red Resistance Line which previously supported the Line. In this case we have the price bottomed. We can initiate Long with Stop Loss that covers the Support zone in order to catch the Retracement.
Trade can take 1+ year. For this setup to be more safe it's better to pick up the asset on retracement movement.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Initiate Long.
Entry - 1.967
TP1 - 2.788
TP2 - 3.752
TP3 - 4.687
SL - 1.626
Reason: At first look we have a Descending Triangle, though current formation is a Channel (with fakeouts) since the end of 2008. Pay attention or Red Resistance Line which previously supported the Line. In this case we have the price bottomed. We can initiate Long with Stop Loss that covers the Support zone in order to catch the Retracement.
Trade can take 1+ year. For this setup to be more safe it's better to pick up the asset on retracement movement.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.