Natural Gas (NG1!) eventually hit our 6.400 Target set on the August 28 2025 analysis (see chart below):
This time we are moving to the higher time-frames again, namely the 1M, in order to get a long-term perspective of the trend. And that is expect to be bearish for at least the next 12 months as the price got rejected near the top of Natural Gas' 20-year Channel Down.
Every such Lower High on this pattern has initiated a long-term Bearish Leg, which was always confirmed by a 1M MACD Bearish Cross, which is about to be formed now. The minimum Fibonacci extension that the market has hit after such Top was the 1.118 Fib ext.
If repeated, NG will hit 1.250, making a -83.24% decline (similar as the previous one in 2022/23), coming also close to the bottom (Lower Lows trend-line) of the 20-year Channel Down (which has always done so on every Bearish Leg besides the 2006 one).
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This time we are moving to the higher time-frames again, namely the 1M, in order to get a long-term perspective of the trend. And that is expect to be bearish for at least the next 12 months as the price got rejected near the top of Natural Gas' 20-year Channel Down.
Every such Lower High on this pattern has initiated a long-term Bearish Leg, which was always confirmed by a 1M MACD Bearish Cross, which is about to be formed now. The minimum Fibonacci extension that the market has hit after such Top was the 1.118 Fib ext.
If repeated, NG will hit 1.250, making a -83.24% decline (similar as the previous one in 2022/23), coming also close to the bottom (Lower Lows trend-line) of the 20-year Channel Down (which has always done so on every Bearish Leg besides the 2006 one).
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。