TradingClue

Will there be a Trend Reversal on Natural Gas very soon?

Long
TradingClue Updated   
OANDA:NATGASUSD   CFDs on Natural Gas
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 at 2.43
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 ...
Trade closed: target reached:
Profit Target hit!

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