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channel-man
25 sept. 2020 10:18

5 Bearish signs on NATGAS Short

Natural GasOANDA

Description

I expect some bearish movement on the NATGAS
if it closes under the MA50 (wait for retest, check 4H) then there is a SHORT opportunity

why?
1. bounced off strong resistance area (R)
2. respected downward trend line (purple)
3. RSI (still) bearish, as well as MACD
4. confirming 0.5 Fib retracement level
5. longer term trend is down
Commentaires
VasilyTrader
Very helpful! Thanks a lot!
What do you think about my analysis:
channel-man
@VasilyPonomarev, Looks great. So on Hourly we will see the drop soon too! Thanks a lot for sharing. Keep up he good work!!
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