#NaturalGas | 1H Trade Setup Update Position: 🟢 Long

1 month ago
8

#NaturalGas | 1H Trade Setup Update

Position: 🟢 Long

Trade Details:
• Entry: 2.5351 (Golden Pocket Fibonacci)
• Stop Loss: 2.5188
• Take Profit: 2.5975

● Current Analysis
Natural Gas is testing the 100-period moving average after bouncing off support at the Point of Control (POC) within its current trading range.

● Technical Indicators
• Momentum & Money Flow: Both declining, indicating a weakening trend.
• Stochastic RSI: Elevated, pointing to potential overbought conditions.

● Outlook
With both momentum and money flow fading, downside risks remain. A confirmed breakout above the 100-period moving average would be required to shift the trend upward. The elevated Stochastic RSI suggests caution, as overbought conditions increase the risk of a reversal.

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