Natural Gas Daily Chart – Cup and Handle Pattern
The daily chart of Natural Gas (NG) suggests a classic cup and handle formation, a bullish continuation pattern indicating further upside potential. The price recently hit resistance and pulled back, forming the "handle" phase.
- Support: Holding above $3 is crucial for sustaining the pattern.
- Breakout Zone: A decisive move above $5 would confirm the breakout, opening doors for further gains.
- Trend Outlook: As long as NG remains above $3, the broader trend favors bulls.
Recent News
Nasdaq 100 Futures Eyeing Bullish Triang...
April 11, 2025
Market Insights
NAS100 Breaks Trendline Support as Beari...
August 12, 2025
Market Insights
GBPJPY fall after Retail sales and PMI d...
November 22, 2024
Market Insights
DAX making a Wedge pattern
December 30, 2024
Market Insights
Gold regained traction amid rising conce...
May 19, 2025
Market Insights
XAG/USD at 12 year high, XAG/USD rises a...
October 22, 2024
Market Insights
