Natgas long term target 4

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Natural Gas (NATGAS) | 4H Chart Analysis

We are seeing a strong technical setup developing on Natural Gas. Price has recently bounced off a key ascending trendline support around the 3.00–3.10 area, with clear higher timeframe structure still intact.

Trade Plan:

Entry: Around 3.10, after confirming support at the rising trendline.

Stop Loss: Below 2.94 support (invalidates the bullish setup).

Targets:

TP1: 3.32 (first resistance, previous highs)

TP2: 3.57

TP3: 3.79

Final TP: 4.04

Trade Rationale:

Strong trendline support and recent bullish reaction.

Clear stepwise resistance levels to take profit along the way.

Risk well-defined below previous swing lows and support.

Things to Watch:

A daily close below 2.94 would invalidate this long setup.

Monitor for bullish volume on up-moves and news catalysts (storage data, weather, etc.).

Personal note:
This is not financial advice, just sharing my technical view for educational purposes. Please do your own research and manage your risk!

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