Naturalgas : Technical View : 20.11.2019
Join Whatsapp 9841986753
Whatsapp Number : 91-9094047040 / 91-9841986753
On the daily chart, the price slipped 2.52% in
the last session.
Moreover, the price has shown a breakdown from the 50.00% Retracement level, which indicates negative strength in the counter.
Also, the price has shifted below the Parabolic Sar, which signifies bearish strength.
Momentum indicator RSI (14) has shown a negative crossover, which adds more bearishness.
As per the above technical structure; we expect bearish move on the counter.
Moreover, the price has shown a breakdown from the 50.00% Retracement level, which indicates negative strength in the counter.
Also, the price has shifted below the Parabolic Sar, which signifies bearish strength.
Momentum indicator RSI (14) has shown a negative crossover, which adds more bearishness.
As per the above technical structure; we expect bearish move on the counter.