Natural Gas prints an RSI bullish divergence
As you can see in the chart, natural gas had a big downside movement for the last months. Now It looks like the bottom is printed so I will consider entering a long here with targets 3.11$ and 4.69$ .
You can see apart from the Bullish Divergence that It is starting to show a lot of strength, you can observe a gap-up between 2.314$ and 2.415$.
For the buy setup I will enter now and set an stop loss order under the gap. If the position goes well, I will keep locking profits manually trailing the stop under key areas.
Don't forget to share your thoughts on the comments and happy emotionless trading.
You can see apart from the Bullish Divergence that It is starting to show a lot of strength, you can observe a gap-up between 2.314$ and 2.415$.
For the buy setup I will enter now and set an stop loss order under the gap. If the position goes well, I will keep locking profits manually trailing the stop under key areas.
Don't forget to share your thoughts on the comments and happy emotionless trading.
Comment:
High chance for the price to gap-up again on Monday