Ultimate_Trading_System

Natural Gas: Head and shoulder

MCX:NATURALGAS1!   NATURAL GAS FUTURES
1. Head and shoulder spotted in 2 HR .
2. wait for the breakout
3. enter on the breakout
4. If any divergence exist at the neckline, probability of rejection becomes higher and be cautious and prepare for the rejection trade!

5. IMPORTANT: current month is expiring today and the new month if priced in the current month chart, already above the neckline!

The new month contract's chart:
Trade closed: target reached:
Target done!

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