Categories: Technical Analysis

Bearish cycle time for Natural Gas

Hi friends,

For those of you who trade the natural gas, I think we are right before a strong bearish down move.

On daily chart we can see RSI is almost around extreme level, while BB is almost duplicated.

Here is the chart (Click to enlarge):

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And on 4H chart we can see long amazing divergence with RSI dancing above extreme. A powerful retrace down to the trend line AT LEAST is a question of time.

Here is the chart (Click to enlarge):

But cycle as cycle, before the crash down we might see attempt to push to 3.55 or 3.65 even. But it will be BLUFF as the commodity is in its extreme top and will retrace soon

Enjoy the trade

Vladimir Ribakov
www.vladimirforexsignals.com

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Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.