Natural Gas: Potential Double Top Pattern
Natural gas retested the top of the structure near 3.07
It has been a while since this area was broken.
From our previous analysis, the price only reached the first target and then turned back. There is a good chance that we are in a potential larger Double Top pattern.
Remember that on August 31, 2026, Trump urged companies to use their fat profits to lower gasoline prices that have risen sharply due to the ongoing conflict with Iran.
From a geopolitical perspective, natural gas should rise. But, given what Trump is doing and how slowly natural gas and oil are rising, we should think carefully about the current situation where oil and natural gas remain manipulated as instruments.
Targets:
2.875
2.775
2.695
If the price moves above the resistance zone 3.07, then this analysis will become invalid.
You can find more details on the chart.
Thanks! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Natural gas retested the top of the structure near 3.07
It has been a while since this area was broken.
From our previous analysis, the price only reached the first target and then turned back. There is a good chance that we are in a potential larger Double Top pattern.
Remember that on August 31, 2026, Trump urged companies to use their fat profits to lower gasoline prices that have risen sharply due to the ongoing conflict with Iran.
From a geopolitical perspective, natural gas should rise. But, given what Trump is doing and how slowly natural gas and oil are rising, we should think carefully about the current situation where oil and natural gas remain manipulated as instruments.
Targets:
2.875
2.775
2.695
If the price moves above the resistance zone 3.07, then this analysis will become invalid.
You can find more details on the chart.
Thanks! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
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✅MY FREE Signals Channel
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✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.