Natural has been on a decline ever since their recent high of 5.3.
Price is heavily oversold here.
We can see that the trend has recently left the falling flag and most recently breaking out of the descending triangle, recording a positive RSI divergence there too.
Currently on a important resistance level and my first target is the resistance up in a area around 4.5.
Price is heavily oversold here.
We can see that the trend has recently left the falling flag and most recently breaking out of the descending triangle, recording a positive RSI divergence there too.
Currently on a important resistance level and my first target is the resistance up in a area around 4.5.
Trade closed: target reached:
I've already closed this trade.
Severe negative RSI divergence occurring on the hourly time frame and has nearly closed the previous gap.
Severe negative RSI divergence occurring on the hourly time frame and has nearly closed the previous gap.
