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Natural Gas/USD Trading Analysis (26/12/2023)

26.12.2023

Market Review

The trend is descending. The ascending wave structures are truncated. There is a bearish divergence on the Awesome Oscillator. The sloping channel of the upward truncated structure is breached.
 

Natural Gas/USD chart as of 26/12/2023 with technical indicators

Trading idea:

Sell at the breach of 2.475.

Stop-Loss at 2.600.

Target price levels at 2.380 and 2.250.

#gasusd #naturalgas #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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