<ul><li>Natural gas is one of the most watched commodity in the financial world, these days.</li><li>Some would claim that there is some news driven hype around this asset, and it may be time to look at technical hints, such as a failed breakout above resistance and the inability, so far, to capture the $10 round number</li><li>The volume profile and the EMA20 on the daily timeframe, is guiding this short trade idea, whereby the reward vs risk, makes the trade legit, IMHO</li><li>To mitigate risk, professional traders typically scale out of trades with a number of partial profit taking and exits. I show where to consider doing that according to the technical junctions shown in the below technical analysis video for natural gas futures, applicable starting 29 August, 2022.</li></ul><p>Trade natural gas at your own risk only. Visit ForexLive.com for <a target=“_blank“ href=“https://www.forexlive.com/technical-analysis“>technical analysis</a> on a variety of financial assets.</p>
This article was written by Itai Levitan at www.forexlive.com.
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