๐ Natural Gas 8H โ Bullish Setup Breakdown ๐ฅ
Price is showing strong bullish intent after reclaiming a key demand zone and respecting the ascending trendline. Weโve got multiple confirmations stacking up:
โ Trendline support holding perfectly โ showing consistent higher lows
โ Demand zone reclaimed โ price now basing above previous resistance
โ 200 EMA flip โ acting as dynamic support
โ Rising volume on bullish candles = buyers stepping in
โ Breakout from mini swing range underway
๐ฏ Trade Plan:
๐น Entry: 3.42 โ 3.48
๐น Stop Loss: Below 3.28
๐น Target 1: 3.80 (local highs)
๐น Target 2: 4.30 (buy-side liquidity grab)
Price is showing strong bullish intent after reclaiming a key demand zone and respecting the ascending trendline. Weโve got multiple confirmations stacking up:
โ Trendline support holding perfectly โ showing consistent higher lows
โ Demand zone reclaimed โ price now basing above previous resistance
โ 200 EMA flip โ acting as dynamic support
โ Rising volume on bullish candles = buyers stepping in
โ Breakout from mini swing range underway
๐ฏ Trade Plan:
๐น Entry: 3.42 โ 3.48
๐น Stop Loss: Below 3.28
๐น Target 1: 3.80 (local highs)
๐น Target 2: 4.30 (buy-side liquidity grab)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.