Natural Gas
Panjang

NG Changed its course, 4H H&S pattern failed. Now BUY

148
Yesterday, a Head & Shoulder pattern was visible on 4H Chart. I wrote that once neckline is broken, initiate a Short (@ 3.17 price. But it did not happen.

Instead, just opposite has happened and price has moved above Shoulder (Left/Right).

This change of event has forced me to write that never initiate a trade before confirmation.

Support Break as stated by me was NECKLINE BREAK (which did not happen)

Now a long (BUY) after shoulder crossover is triggered.

Penafian

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