Natural Gas (NATGAS) | 4H Chart Analysis
We are seeing a strong technical setup developing on Natural Gas. Price has recently bounced off a key ascending trendline support around the 3.00–3.10 area, with clear higher timeframe structure still intact.
Trade Plan:
Entry: Around 3.10, after confirming support at the rising trendline.
Stop Loss: Below 2.94 support (invalidates the bullish setup).
Targets:
TP1: 3.32 (first resistance, previous highs)
TP2: 3.57
TP3: 3.79
Final TP: 4.04
Trade Rationale:
Strong trendline support and recent bullish reaction.
Clear stepwise resistance levels to take profit along the way.
Risk well-defined below previous swing lows and support.
Things to Watch:
A daily close below 2.94 would invalidate this long setup.
Monitor for bullish volume on up-moves and news catalysts (storage data, weather, etc.).
Personal note:
This is not financial advice, just sharing my technical view for educational purposes. Please do your own research and manage your risk!
We are seeing a strong technical setup developing on Natural Gas. Price has recently bounced off a key ascending trendline support around the 3.00–3.10 area, with clear higher timeframe structure still intact.
Trade Plan:
Entry: Around 3.10, after confirming support at the rising trendline.
Stop Loss: Below 2.94 support (invalidates the bullish setup).
Targets:
TP1: 3.32 (first resistance, previous highs)
TP2: 3.57
TP3: 3.79
Final TP: 4.04
Trade Rationale:
Strong trendline support and recent bullish reaction.
Clear stepwise resistance levels to take profit along the way.
Risk well-defined below previous swing lows and support.
Things to Watch:
A daily close below 2.94 would invalidate this long setup.
Monitor for bullish volume on up-moves and news catalysts (storage data, weather, etc.).
Personal note:
This is not financial advice, just sharing my technical view for educational purposes. Please do your own research and manage your risk!
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.