NG Price: $3.08 | Short-Term Odds: 75% pullback to $3.13 if it does not hold, $3.108 next, and if it breaks then, downside targets $2.99-$2.82
Key Signal: Bearish momentum holding; stop on 1000-tick VWAP at $3.108—watch for a break below to accelerate downside.
Trend Hint: Bearish now, but August heat could flip the script—stay tuned!
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Good hunting!
#NaturalGas #Trading #NG1
NG1! Update, down some more
NG Price: $3.25 | Short-Term Odds: 75% pullback to $3.35-$3.13, downside target $2.99-$2.82
Key Signal: Bearish momentum strong; HND short targets ~$8.18 if NG1! hits $3.13.
Trend: Bearish now, but August heat may shift it—watch as the script flips.
Liking this? Follow for daily updates, Good hunting!
#NaturalGas #Trading #NG1
NG1! I know its sceptical to be following patterns these days esp with NattyG but hear me out. Its aiming to to fill the gap finally from 25th apr and then test the big bullish OB from 24th oct 2024 at $2.32- $2.50 so could be bearish until 2nd week of Sept this year so this H&S pattern looks promising. afterall this is the 4th time its broken 200 ema and the break is solid this time.
