Natural Gas (NG1!) Analysis

183
📈 Natural Gas (NG1!) Analysis – Triangle Breakout Imminent
The Natural Gas 30-minute chart has formed a contracting triangle over the past several sessions, with volatility compressing into a tighter range. This pattern typically signals an impulsive move once the breakout occurs.

We now see the triangle structure complete, and the market is poised for a decisive breakout in one direction.

🔍 Technical Breakdown:
🟦 Pattern: Contracting Triangle
⏳ Structure: 5-leg consolidation appears complete
📌 Current Price: ~3.68 USD
📈 Bullish Breakout Target: 3.84
A breakout above the upper triangle trendline confirms the bullish momentum.
📉 Bearish Breakdown Target: 3.37
A breakdown below the lower support line will invalidate the bullish structure and may lead to a swift decline.

🧭 Trading Plan:
Watch for a breakout with confirmation volume
Ideal to enter after a breakout retest, especially on the 15m or 1h chart
Set stop-loss just inside the triangle opposite your trade direction



⚠️ Disclaimer:
This analysis is for educational and informational purposes only. It is not financial advice or a recommendation to buy or sell any asset. Always do your own research and consult your financial advisor before making trading decisions.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。