outlook on natural gas

2022년 2월 26일

on the daily ngas is forming a head and shoulder. The head and shoulder is apart of major structure. going down to the 4hr and 1hr you will see a forming rising wedge. bearish candle wick exhaustion indication bulls are coming back. lining up with the support and trend line of the rising wedge. also a hidden bearish divergence forming as well. waiting for the market open with the news on russia to look for entry. Russia's invasion with Ukraine can make a change in the market, as of right now confirmation are pointing bullish