NATURALGAS has almost completed wave B of wave 2, possibly next wave C is ready to start unfolding soon, which can be confirmed by breaking support trendline, which could be aa good trigger point, Once it breaks support trendline then it can slide towards south directions near $ 7.500 zones, where wave C can complete equality with wave A.
Negative divergence in...
Hi
From the chart and the MACD we can see that...
1 Hour Macd is on the verge of breakdown and also as of now , we are near resistance...
So there is high chance of getting a sell.
Even the 15 mins chart is showing a sell.
We can safely keep a small SL and wait for the target near Pivot.