Natural Gas, Technical Analysis – H1
The formation of an expanding “megaphone” (broadening wedge) pattern is being confirmed.
The formation of an expanding “megaphone” (broadening wedge) pattern is being confirmed. This suggests a possible update of the local high in the 2,950–2,960 area. However, such a formation does not guarantee a direct move toward the target and is not considered a reliable or high-quality trading pattern. Nevertheless, the current picture looks logically consistent.
Key Levels:
□ 2,960 — Local high / Upside target
□ 2,950 — Resistance zone
□ 2,880 — Range upper boundary
□ 2,830 — Range lower boundary
Primary Scenario:
Advance toward 2,960.
Alternative Scenario:
Sideways price fluctuations within the 2,830–2,880 range.
Analyst Commentary:
An additional catalyst for price growth is the objective factor of renewed escalation in the Middle East.
Nikolai Krishtopov ialah Penganalisis Pasaran di Investizo dengan lebih 15 tahun pengalaman dalam industri pasaran kewangan dan lebih sedekad pengalaman berdagang. Bidang tumpuannya merangkumi pasaran forex dan kripto, analisis teknikal, dagangan intraday serta gelagat pasaran.