There have been a few trend reversals in the past couple weeks for NATGASUSD
. These reversals occured right after Divergences of Price vs. Momentum. Currently, AutoDivergence signalled a bullish Divergence
. In this case AutoDivergence also includes an RSI-filter to add an extra confirmation to this signal.
Looks like a perfect time to enter a long position!
Profit Target is the monthly pivot point
Remember that NATGASUSD
is a CFD - so depending on your risk appetite, already small swings can result in high profits by using a high leverage. But don't forget that leverage works in both directions ...