SkyTrees

NATYY Bullish H&S Structure

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CAPITALCOMSB:NATURALGAS   Natural Gas
Quite clear H&S shoulder pattern has developed on NATTY which began accumulating at the beginning of March of this year.

The green rectangle is the base of the massive accumulation zone which has acted as support previously, now turned resistance.

There's been 2 prior attempts at breaking through, on the third, it broke but wasn't able to hold.

The target is c15% increase in price and also takes us to the gap on 22nd Jan - this was calculated using the distance between the top and bottom of the cup.

GOOD LUCK!
İşlem kapandı: hedefe ulaştı:
Like clockwork! Hope some were able to ride this one!
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.