NATURAL GAS BULLISH RSI DIVERGENCE IN DAILY TF !!!
Updated
Hello to everyone,
As we can see there is a Bullish divergence in RSI & PRICE on daily timeframe . This is indicating that price has not much momentum to go downside. We can expect a trend reversal in natural gas but only RSI divergence does not confirms the trend reversal. We need positive price pattern or any bullish candle formation to go upside at the bottom of chart. If any bullish candle or bullish scenario forms than only we can go for the long position.
The green candle indicating price momentum towards upside and green candle has good volume also ,which is showing strength in buyers./b]
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
As we can see there is a Bullish divergence in RSI & PRICE on daily timeframe . This is indicating that price has not much momentum to go downside. We can expect a trend reversal in natural gas but only RSI divergence does not confirms the trend reversal. We need positive price pattern or any bullish candle formation to go upside at the bottom of chart. If any bullish candle or bullish scenario forms than only we can go for the long position.
The green candle indicating price momentum towards upside and green candle has good volume also ,which is showing strength in buyers./b]
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
Note
Natural Gas :- 199.8 To 219.4++ New LowNote
Natural Gas :- 199.8 To 226.3++ New HighNote
Natural Gas :- 199.8 To 235++ New HighNote
Natural Gas :- 199.8 To 242.5++ New HighNote
Natural Gas :- 199.8 To 257++ New High(+55 Points Done)
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