Natural Gas price has turned down after hitting the 8 dollar mark recently, based on the reversal on RSI from higher levels and MACD indicator pointing downwards
One can Sell Natural Gas at 6.940, with a stop loss of 7.450
The target for this trade is 6 & 5.4
The time frame for this trade is till 31-Dec-2022
Trade active
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Trade active
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Change stop loss to 7.250
Trade closed manually
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The RSI has taken support at 50 level and going up, short trade no longer looks good hence exit with loss at current price of 7.150