E Trade Setup In Natural Gas Future

There is a Trade setup in Natural Gas Futures. On 15 mins chart, there is a Diamond Pattern formed. This can act as a reversal or continuation pattern.

But since at the top pullbacks are strong (red bars), It might work as a reversal pattern. This will be contra trade if price breaks the  Diamond pattern with a strong reversal red bar because Trend is still up in the shorter time frame.

Below is the Chart for your reference.

Natural Gas Future Chart

Disclaimer: The above views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk ...

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