Natural Gas Intraday Technical Analysis for 17th December, 2024!

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🚀 Unlock the potential with my Natural Gas Intraday Technical Analysis for 17th December, 2024!

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📍 Range Trigger Point (WRTP): 273.70
📅 Day Range: 9.40

📈 Long Position
🔹 Buy Above: 273.21
🎯 Target 1: 279.51
🎯 Target 2: 283.10
⛔ Stoploss: 270.08

📉 Short Position
🔹 Sell Below: 270.99
🎯 Target 1: 267.89
🎯 Target 2: 264.30
⛔ Stoploss: 274.12

🚀 How to Trade with Numro Trader Intraday Levels

Buy Setup
🕒 Wait for a 5-Min. candle to close above WRTP or Buy Above level.
📈 Confirm breakout with a candle breaking the high of the breaking candle.
🛒 Enter a buy order at the active level (WRTP or Buy Above).
🎯 Target: Aim for Target 2 (if the market is coming directly from WRTP) or Target 1 (if coming from below WRTP).
⚠️ Exit Rule: Set stoploss of 3 points exactly from the active level. Avoid re-entering after achieving the target.

Sell Setup
🕒 Wait for a 5-Min. candle to close below WRTP or Sell Below level.
📉 Confirm breakout with a candle breaking the low of the breaking candle.
🛒 Enter a sell order at the active level (WRTP or Sell Below).
🎯 Target: Aim for Target 2 (if the market is coming directly from WRTP) or Target 1 (if coming from above WRTP).
⚠️ Exit Rule: Set stoploss of 3 points exactly from the active level. Avoid re-entering after achieving the target.

📅 Timing Considerations

If Day Range is More Than 10 Points:
The trade is highly likely to activate after 5:00 PM, as significant volatility typically occurs later in the session.

If the Range is Less Than or Equal to 10 Points:
Expect the trade to activate in the morning, before or around 10:30 AM, when the market begins its movement for the day.

✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. 📈

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