Natural Gas Intraday Technical Analysis for 19th Dec., 24
π Unlock the potential with my Natural Gas Intraday Technical Analysis for 19th December, 2024!
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π Day Range Trigger Point (DRTP): 284.20 π Day Range: 19.30
π Long Position πΉ Buy Above: 284.93 π― Target 1: 296.13 π― Target 2: 303.50 β Stoploss: 278.50
π Short Position πΉ Sell Below: 280.37 π― Target 1: 272.27 π― Target 2: 264.90 β Stoploss: 286.80
π How to Trade with Numro Trader Intraday Levels
Buy Setup π Wait for a 5-Min. candle to close above DRTP or Buy Above level. π Confirm breakout with a candle breaking the high of the breaking candle. π Enter a buy order at the active level (DRTP or Buy Above). π― Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP). β οΈ Exit Rule: Set stoploss of 3 points exactly from the active level. Avoid re-entering after achieving the target.
Sell Setup π Wait for a 5-Min. candle to close below DRTP or Sell Below level. π Confirm breakout with a candle breaking the low of the breaking candle. π Enter a sell order at the active level (DRTP or Sell Below). π― Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP). β οΈ Exit Rule: Set stoploss of 3 points exactly from the active level. Avoid re-entering after achieving the target.
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