Natural Gas Futures
NATURALGAS1! trade ideas
natural gasH4 made a head $ shoulder pattern and started making lower low, lower high then in H1 made another head And shoulder and taking support on same for 4th time , i am full bearish if break 355 till 278... making inverted head & shoulder on support on 5min timeframe.. lets see its going to be interested 361 is static gann level resistance as well trade only above 361
Natural Gas AnalysisThis analysis is based on Breakout retest and Diversion in Price and RSI
I have seen this 1 hr of time frame whenever diversion is there after breakout a consolidation will happen
and same thing might get repeat here so small correction and then distribution will get start.
Upside is limited.
Commodity are cyclic in nature.
SL 391
Target would be below 370