Natural Gas - 4H Chart - Bearish MACD Divergence
Trade
- Natural Gas - 4H Chart - Short Opportunity
- Price action shows three 'higher' highs
- MACD shows three 'lower' highs (bearish divergence)
Take Profit
- conservative traders may choose to take profit at the 2.04 level (possible support level based on previous price action)
- aggressive traders may choose to ride the trade below 2.04 with a trailing stop
Happy trading!
- Natural Gas - 4H Chart - Short Opportunity
- Price action shows three 'higher' highs
- MACD shows three 'lower' highs (bearish divergence)
Take Profit
- conservative traders may choose to take profit at the 2.04 level (possible support level based on previous price action)
- aggressive traders may choose to ride the trade below 2.04 with a trailing stop
Happy trading!
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