Trade of the day - Natural Gas

We've noticed a great set up in natural gas for big returns on a short position, providing a risk to reward ratio of at least 1:4. Resistance this month, around the $3 mark has held strong with a monthly high at $3.030. Currently the price is at $2.938 so we'd be looking to place a sell with a stop loss at $3.050 and a take profit anywhere in the range of $2.50-$2.30. We expect the price to dip to this target within the next 4 weeks, as the winter storms are beginning to fade towards the end of February and we'll be trading the April contract in 13 days, so demand will be down massively compared to right now.

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Trading Signal Example - DAX 30