We discussed natural gas last Thursday, as you know. The area where the price reacted looks quite good, in my opinion. I plan to monitor it closely in the short term and enter a position. To confirm that the breakout is genuine, we need to see a daily close above the 3.40 level. However, if we want to take a more cautious approach, we might prefer to open a position with lower risk on a close above 3.24. This way, risk mitigation would be more appropriate.
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We discussed natural gas last Thursday, as you know. The area where the price reacted looks quite good, in my opinion. I plan to monitor it closely in the short term and enter a position. To confirm that the breakout is genuine, we need to see a daily close above the 3.40 level. However, if we want to take a more cautious approach, we might prefer to open a position with lower risk on a close above 3.24. This way, risk mitigation would be more appropriate.