Natural Gas, 4-Hour, Head and Shoulders

2022年8月28日

Due to a head and shoulders pattern, a trend break, a supply reaction and an RSI divergence, I predict a decrease in natural gas' price.

2022年9月3日

ノート

The first target (demand zone) reached.

2022年9月7日

ノート

The second target reached.

2022年9月17日

ノート

The idea is even current now. The second demand zone worked perfectly (also within a red indecision candle demand area, which is not marked down). Then there was a reaction to the resistance as the complement of the head and shoulders pattern.

2022年9月30日

ノート

Now we can see that an even bigger head and shoulders pattern has developed. In order to complete the formation, it is necessary to return to retracements of the lowest zone.