NATURALGAS UPDATE - JUNE 13th - 14th
Natural Gas: Potential Short Trade Setup (Technical Analysis)
Entry: Short below 249.5 (with confirmation, e.g., price breaking below a support level)
Targets:
T1: 248 (1st profit target, 1.5 points from entry)
T2: 246 (2nd profit target, 3.5 points from entry)
Stop-Loss: 250 - 251
Risk Management:
Always remember to practice proper risk management. This strategy suggests a stop-loss placement 1.5 points above the entry point, limiting potential losses if the price reverses.
Entry: Short below 249.5 (with confirmation, e.g., price breaking below a support level)
Targets:
T1: 248 (1st profit target, 1.5 points from entry)
T2: 246 (2nd profit target, 3.5 points from entry)
Stop-Loss: 250 - 251
Risk Management:
Always remember to practice proper risk management. This strategy suggests a stop-loss placement 1.5 points above the entry point, limiting potential losses if the price reverses.
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