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#NATURALGAS UPWARD MOVEMENT POTENTIAL with RISK: REWARD 2.1 commodity #mcx

Natural gas analysis what is the analysis

time frame Taken 2 hours

Upward moment potential

There is a break out from the downtrend movement and we can observe two times rejections at the trend line and a third time it's rallying upside. So, we can consider the BUY call above the candle closes with RISK:reward=2.

BUY at 2.24 wit stop loss 2.08 and the target at 2.48.

NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

NOTE: RESPECT The risk. SL should not be more than 2% of the capital.

Happy Trading