ArminMah

Potential Downtrend NATGAS

Short
PEPPERSTONE:NATGAS   Natural Gas (Spot)

The natural gas market is currently experiencing a significant downtrend. As per technical indicators including Fibonacci retracements, Ichimoku cloud analysis, volume trends, MACD (Moving Average Convergence Divergence), and RSI (Relative Strength Index), the price of natural gas has declined notably.

Current levels indicate a potential sell opportunity with a suggested stop-loss (SL) set at 2.955 and a take-profit (TP) target at 2.730.
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