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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youtube.com/@TradingPuzzles
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.