Natural Gas: Follow The Price Breakout
In recent days, natural gas (NG) has continued to develop a contracting triangle, which, according to our chart, typically suggests an upward price movement.
However, given the unclear fundamental perspective, we need to consider both trading scenarios.
Technical Analysis:
If the price breaks through 2.8920, a bullish movement will be confirmed, and the price may rise further to 3.00.
If the price breaks below 2.8000, a possible bearish wave may begin, with NG potentially moving down to 2.6300, as shown on the chart.
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❤️
In recent days, natural gas (NG) has continued to develop a contracting triangle, which, according to our chart, typically suggests an upward price movement.
However, given the unclear fundamental perspective, we need to consider both trading scenarios.
Technical Analysis:
If the price breaks through 2.8920, a bullish movement will be confirmed, and the price may rise further to 3.00.
If the price breaks below 2.8000, a possible bearish wave may begin, with NG potentially moving down to 2.6300, as shown on the chart.
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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✅Personal Telegram
t.me/KlejdiCuni
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youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.