Natural gas is looking bullish
REASONS
1. Recently given a breakout of its flag and pole pattern.
2. Breakout of an inverted head and shoulder pattern.
Reasons for the target and stop-loss
1. the high of this commodity has been taken as a target as per the rules of the pattern.
2. volume profile is also supporting this commodity and also the 50ema.
3. so with the support of both indicators stop loss had been set.
REASONS
1. Recently given a breakout of its flag and pole pattern.
2. Breakout of an inverted head and shoulder pattern.
Reasons for the target and stop-loss
1. the high of this commodity has been taken as a target as per the rules of the pattern.
2. volume profile is also supporting this commodity and also the 50ema.
3. so with the support of both indicators stop loss had been set.