Natural Gas Shows Signs of Bullish Wave Completion
Natural gas is struggling to drop below 2.92, which could mean the current bullish wave is coming to an end.
Since NG is moving in a clear correction, we might be in the 5th wave—this could either be the start of a larger bullish move or part of a corrective pattern.
Looking at how the price has moved in the past, I believe it's more likely that a bullish wave is forming and could continue into next week.
For now, I’m watching two short-term targets at 3.23 and 3.37.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Natural gas is struggling to drop below 2.92, which could mean the current bullish wave is coming to an end.
Since NG is moving in a clear correction, we might be in the 5th wave—this could either be the start of a larger bullish move or part of a corrective pattern.
Looking at how the price has moved in the past, I believe it's more likely that a bullish wave is forming and could continue into next week.
For now, I’m watching two short-term targets at 3.23 and 3.37.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
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.