Natural Gas: Bullish Triangle Pattern
Natural Gas (XNGUSD) appears to be forming a Bullish Triangle Pattern, suggesting potential upward movement. The price is currently around 3.9900 USD, and the analysis highlights two key targets:
The breakout from the triangle pattern indicates possible price strength, meaning buyers are gaining control.
The structure suggests that the breakout from the pattern is acting as support, while 4.1000 USD and 4.2000 USD are key resistance zones where price action may face resistance.
While the price may continue rising toward the targets, minor corrections could occur along the way as traders take profits or reassess market conditions.
First target: 4.1000
Second target: 4.2000
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 (XNGUSD) appears to be forming a Bullish Triangle Pattern, suggesting potential upward movement. The price is currently around 3.9900 USD, and the analysis highlights two key targets:
The breakout from the triangle pattern indicates possible price strength, meaning buyers are gaining control.
The structure suggests that the breakout from the pattern is acting as support, while 4.1000 USD and 4.2000 USD are key resistance zones where price action may face resistance.
While the price may continue rising toward the targets, minor corrections could occur along the way as traders take profits or reassess market conditions.
First target: 4.1000
Second target: 4.2000
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
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.