🎯 Trade setup:
Direction: Short after breakdown
🔻 Entry: 2.95–3.10
🛑 Stop Loss: 3.05
🎯 Take Profit 1: 2.90
📰 News:
Natural Gas remains under pressure after the latest bearish supply signal. The market is still reacting to stronger storage builds and concerns about weaker near-term LNG export demand. Hot weather can support gas demand, but for now sellers are controlling the move.
📊 Analysis:
On the 1H chart, NATGAS broke below the key support near 2.94–2.95 and is now trading around 2.94. The price remains below EMA 9, SMA 50 and SMA 200, confirming a strong bearish structure.
The breakdown is still active. If the price fails to recover above 2.98–3.00, sellers may continue pushing the market lower. The next support zones are 2.90 and 2.85.
Scenario:
If NATGAS stays below 2.95–3.10, the bearish setup remains valid and the price may continue toward 2.90–2.85.
A recovery above 3.05 would weaken the short setup and could trigger a corrective rebound toward 3.06–3.10.
⚠️ Not financial advice.
Direction: Short after breakdown
🔻 Entry: 2.95–3.10
🛑 Stop Loss: 3.05
🎯 Take Profit 1: 2.90
📰 News:
Natural Gas remains under pressure after the latest bearish supply signal. The market is still reacting to stronger storage builds and concerns about weaker near-term LNG export demand. Hot weather can support gas demand, but for now sellers are controlling the move.
📊 Analysis:
On the 1H chart, NATGAS broke below the key support near 2.94–2.95 and is now trading around 2.94. The price remains below EMA 9, SMA 50 and SMA 200, confirming a strong bearish structure.
The breakdown is still active. If the price fails to recover above 2.98–3.00, sellers may continue pushing the market lower. The next support zones are 2.90 and 2.85.
Scenario:
If NATGAS stays below 2.95–3.10, the bearish setup remains valid and the price may continue toward 2.90–2.85.
A recovery above 3.05 would weaken the short setup and could trigger a corrective rebound toward 3.06–3.10.
⚠️ Not financial advice.
Transakcja zamknięta: osiągnięto wyznaczony cel
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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.
Join me, I'll guide you to PROFITABLE TRADING💵!
Telegram Channel:
t.me/elibrianalytics
Telegram Channel:
t.me/elibrianalytics
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.