Natural Gas (XNGUSD)
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NATGAS - Bullish

235
The long idea continues to play out on NATGAS.

We had a recent retest of the upsloping 20ema which has just crossed over the 200dma which has now flattened out.

First target = 4.30
Stoploss = 2.75

Crossing Event: When the 20 EMA crosses above the 200 DMA, it’s often seen as a bullish signal, indicating that short-term momentum is rising faster than the long-term trend. Conversely, when the 20 EMA crosses below the 200 DMA, it’s often seen as a bearish signal, indicating that short-term momentum is falling faster than the long-term trend

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