Natural Gas might have broken out of its down trend with a H&S at the turn of the year. As usual, there's always a pullback but since April, it has rallied till today.
Multiple consolidation pattern can be observed from the 4H chart, and this last consolidation pattern might be its last burst up before hitting a resistance drawn from the Weekly chart.
Depending on your entry, a 2:1 R/R ratio isn't all that bad. Might be better if the bulls decided to push it beyond the 1st resistance line to the top.
Trade cautiously!
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Multiple consolidation pattern can be observed from the 4H chart, and this last consolidation pattern might be its last burst up before hitting a resistance drawn from the Weekly chart.
Depending on your entry, a 2:1 R/R ratio isn't all that bad. Might be better if the bulls decided to push it beyond the 1st resistance line to the top.
Trade cautiously!
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
交易結束：達到停損點
Setup invalidated
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。