The price reached a new local high, but the RSI indicator could not confirm this growth, remaining below the level of 70. The formed divergence signals a potential reversal and a possible price decline in the near future.
The histogram of the MACD indicator remains above the signal line, indicating the local development of an upward movement. However, the indicator indications do not contradict the signal, marked on the chart.
There is the blue main line above the red signal line on the Stochastic indicator. The reversal pattern has not formed yet.
Natural Gas holders should focus on opening short positions, which can be relevant either now or when the key signal level is retested.
📌 Entry: 3.516
✔️ First target: 3.186
✔️ Second target: 3.016
❌ Stop order: 3.684
Natural Gas M15: The downward divergence from RSI
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