Trendline Support Pattern in Natural Gas

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Natural Gas is currently respecting a well-established horizontal trendline support zone around the 264–265 level. As seen in the chart, price has tested this area multiple times, indicating strong demand and buyer interest at this zone.

📉 The recent candles show rejection from the support, suggesting a potential bounce. If this level continues to hold, we may see an upward move toward the 267–270 resistance area.

📌 Trade Idea:

Entry: Near 265.3

Stop-loss: Below 262.8 (structure break)

Target: 267.1 and above for short-term move

🧠 Watch for confirmation with volume or bullish candlestick formations before entering the trade.

Aviso legal

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