CMP: $4.092
💥 Up +38% from mentioned support ($3.013–$2.956) and +46% from lows in a month. 🚀
The falling wedge breakout played out strongly, and price is now testing the critical resistance of the falling yellow trendline near the previous swing high $4.067.
A weekly close above this trendline will confirm a major breakout, potentially triggering the next leg higher.
📊 Key Levels:
🛡 Supports: $4.067 / $3.013–$2.956 / $2.692–$2.643
🚧 Resistances / Targets: $5.125–$5.630 / $9.35–$10.00
Structure now forming a larger Symmetrical Triangle between rising and falling yellow trendlines — watch for breakout confirmation.
⚠️ Possible short-term pause/retest before continuation.
#NaturalGas #NG #Commodities #FallingWedge #RisingChannel #SymmetricalTriangle #ChartPattern #PriceAction
📌 #Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
💥 Up +38% from mentioned support ($3.013–$2.956) and +46% from lows in a month. 🚀
The falling wedge breakout played out strongly, and price is now testing the critical resistance of the falling yellow trendline near the previous swing high $4.067.
A weekly close above this trendline will confirm a major breakout, potentially triggering the next leg higher.
📊 Key Levels:
🛡 Supports: $4.067 / $3.013–$2.956 / $2.692–$2.643
🚧 Resistances / Targets: $5.125–$5.630 / $9.35–$10.00
Structure now forming a larger Symmetrical Triangle between rising and falling yellow trendlines — watch for breakout confirmation.
⚠️ Possible short-term pause/retest before continuation.
#NaturalGas #NG #Commodities #FallingWedge #RisingChannel #SymmetricalTriangle #ChartPattern #PriceAction
📌 #Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.