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BeerTrend
Oct 30, 2020 3:51 PM

Naturalgas hits top Short

Natural GasOANDA

Description

Initial target from march reached, which could be a top of a diamond pattern forming in case we make a new low on weekly.
Harmonic butterfly on weekly (green) and on daily (red) completed.
Daily RSI above 70, and bearish divergences all over multiple timeframes.
Upcoming elections will surely affect Natural gas, and hopefully the technicals will be in charge of the direction.

This is enough for me to take this shot and short till end of November. Target 1 around 2-2,1. Target 2 below 1,30!
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