NATURAL GAS: Outlook (Daily Chart)


hey traders,

very interesting market sentiment on natural gas .
the market has recently broken above a key falling channel ,
and we see a very nice bullish rally.

one more thing, that I have noticed is that
after a breakout there was no pullback.
buyers are just pushing the market higher,
and now gas is approaching significant supply zone looking left at structure.

there is a high chance to see a pullback from this zone following overbought rsi on daily,
and divergence on lower timeframes.
so, those who want to jump in and long the market, think twice and wait for a better entry after a pullback.
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