NATGAS a head & shoulder at the top 🦐
NATURAL GAS after the bull run is losing momentum.
The price on the daily chart is creating a heads and shoulder and according to Plancton's strategy if the price will break below the neckline and satisfy the A ACADEMY rules we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
The price on the daily chart is creating a heads and shoulder and according to Plancton's strategy if the price will break below the neckline and satisfy the A ACADEMY rules we will set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Komen:
the price is moving to the neckline
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the neckline support
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neckline rejection
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possible double right shoulder
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right shoulder building up
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perfect!
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price tested the trendline with a spike
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looking for a lower low
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possible lower low
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perfect retest of the neckline
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testing the trendline
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lower low if the price break the dynamic support
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