Natural Gas: Head and shoulder

Updated
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:
snapshot
Trade closed: target reached
Target done!
Chart PatternsTechnical IndicatorsMCXNatural GasTrend Analysis

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