Natural Gas Looking good to go long

27 Eyl 2022

Natural Gas is looking good to go long as per wave structures suggesting impulse to unfold, with invalidation levels of $ 6.725.
RK's mass psychological cloud is also suggesting positive ahead, along with macd positive support.
Natural gas had given trendline breakout along with good intensity of volumes on hourly chart.

After positive divergence, breakout with good intensity of volume


Overall wave counts


Double positive Divergences


MACD in hourly positive and now above zero line


MACD in 4 hourly positive crossover and uptick.


RSI in hourly above 60.


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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.