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
How high can Bitcoin go? Prediction mark...
November 12, 2024
Market Insights
V-shaped recovery in Gold! The yellow me...
March 05, 2025
Market Insights
Dow Jones Forms Bullish Flag Near 44,650...
July 25, 2025
Market Insights
US Tech 100 Rallies Strongly Bullish Fla...
May 13, 2025
Market Insights
DAX bounce from daily support levels
November 14, 2024
Market Insights
Gold may halt rally after 8 Days of Buyi...
October 22, 2024
Market Insights
