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

#NaturalGas | 1H Trade Setup Update

Position: 🟢 Long

Trade Details:
• Entry: 2.38 (Golden Pocket Fibonacci)
• Stop Loss: 2.37
• Take Profit: 2.46

● Current Analysis: Natural Gas is attempting to break above the 100-period moving average after finding support at the Point of Control (POC) within the current range.

● Technical Indicators: Momentum & Money Flow: Both are falling, suggesting a weakening trend. Stochastic RSI: Elevated, signaling potential overbought conditions.

● Outlook: Exercise caution as declining momentum and money flow indicate potential downside risk. A sustained breakout above the 100-period moving average is needed to confirm the uptrend. Be mindful of the high stochastic RSI, as it may signal overbought conditions, increasing the likelihood of a reversal.