Natural Gas Futures – Dual Harmonic Pattern Zone 📉
🔻 Harmonic Pattern Insights:
Dual convergence observed – Bearish Butterfly and Bearish Bat pattern indicating a possible trend continuation if support levels break.
🔸 CMP: 330.2
🔸 Immediate Resistance: 363.9
🔸 Butterfly PRZ (Potential Reversal Zone): 307.7
🔸 Bat Pattern PRZ: 272.7
📌 Important Zone between 307.7 – 272.7 could act as a strong reversal/support zone.
📌 Price action confirmation required before trade entry.
📌 Risk-Reward Ratio favorable with clear stop levels above resistance.
📌 Falling volume + strong bearish candles support downside momentum.
📌 Stoploss candle close only, Target Trigger Price
📌 This is not a buy/sell recommendation, just an educational trading idea.
📌 Market conditions can change; always conduct your own research.
📌 Understand risks before investing and take full responsibility for decisions.
🔻 Harmonic Pattern Insights:
Dual convergence observed – Bearish Butterfly and Bearish Bat pattern indicating a possible trend continuation if support levels break.
🔸 CMP: 330.2
🔸 Immediate Resistance: 363.9
🔸 Butterfly PRZ (Potential Reversal Zone): 307.7
🔸 Bat Pattern PRZ: 272.7
📌 Important Zone between 307.7 – 272.7 could act as a strong reversal/support zone.
📌 Price action confirmation required before trade entry.
📌 Risk-Reward Ratio favorable with clear stop levels above resistance.
📌 Falling volume + strong bearish candles support downside momentum.
📌 Stoploss candle close only, Target Trigger Price
📌 This is not a buy/sell recommendation, just an educational trading idea.
📌 Market conditions can change; always conduct your own research.
📌 Understand risks before investing and take full responsibility for decisions.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.