April Natural gas is creating a head and shoulders pattern. Have been watching this for several days now. Seen too many of these H&Ds to go backwards, but it is a potential sell opportunity.
Scenario 1
Falls slightly and then moves higher with a fall later on
Scenario 2
Falls now to possible 2.780 which would make it size of head from neckline.
Scenario 1
Falls slightly and then moves higher with a fall later on
Scenario 2
Falls now to possible 2.780 which would make it size of head from neckline.