Natural Gas Futures – Dual Harmonic Pattern Zone 📉
🔻 Harmonic Pattern Insights:
Dual convergence observed – Bearish Butterfly and Bearish Bat pattern indicating a possible trend continuation if support levels break.
🔸 CMP: 330.2
🔸 Immediate Resistance: 363.9
🔸 Butterfly PRZ (Potential Reversal Zone): 307.7
🔸 Bat Pattern PRZ: 272.7
📌 Important Zone between 307.7 – 272.7 could act as a strong reversal/support zone.
📌 Price action confirmation required before trade entry.
📌 Risk-Reward Ratio favorable with clear stop levels above resistance.
📌 Falling volume + strong bearish candles support downside momentum.
📌 Stoploss candle close only, Target Trigger Price
📌 This is not a buy/sell recommendation, just an educational trading idea.
📌 Market conditions can change; always conduct your own research.
📌 Understand risks before investing and take full responsibility for decisions.
🔻 Harmonic Pattern Insights:
Dual convergence observed – Bearish Butterfly and Bearish Bat pattern indicating a possible trend continuation if support levels break.
🔸 CMP: 330.2
🔸 Immediate Resistance: 363.9
🔸 Butterfly PRZ (Potential Reversal Zone): 307.7
🔸 Bat Pattern PRZ: 272.7
📌 Important Zone between 307.7 – 272.7 could act as a strong reversal/support zone.
📌 Price action confirmation required before trade entry.
📌 Risk-Reward Ratio favorable with clear stop levels above resistance.
📌 Falling volume + strong bearish candles support downside momentum.
📌 Stoploss candle close only, Target Trigger Price
📌 This is not a buy/sell recommendation, just an educational trading idea.
📌 Market conditions can change; always conduct your own research.
📌 Understand risks before investing and take full responsibility for decisions.
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.
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.