Natural Gas Futures

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Natural Gas Futures โ€“ Dual Harmonic Pattern Zone ๐Ÿ“‰

๐Ÿ”ป Harmonic Pattern Insights:
Dual convergence observed โ€“ Bearish Butterfly and Bearish Bat pattern indicating a possible trend continuation if support levels break.

๐Ÿ”ธ CMP: 330.2
๐Ÿ”ธ Immediate Resistance: 363.9
๐Ÿ”ธ Butterfly PRZ (Potential Reversal Zone): 307.7
๐Ÿ”ธ Bat Pattern PRZ: 272.7

๐Ÿ“Œ Important Zone between 307.7 โ€“ 272.7 could act as a strong reversal/support zone.
๐Ÿ“Œ Price action confirmation required before trade entry.
๐Ÿ“Œ Risk-Reward Ratio favorable with clear stop levels above resistance.
๐Ÿ“Œ Falling volume + strong bearish candles support downside momentum.

๐Ÿ“Œ Stoploss candle close only, Target Trigger Price
๐Ÿ“Œ This is not a buy/sell recommendation, just an educational trading idea.
๐Ÿ“Œ Market conditions can change; always conduct your own research.
๐Ÿ“Œ Understand risks before investing and take full responsibility for decisions.

Penafian

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