This is the 15-minute timeframe chart of Natural Gas.
Natural Gas is currently trading near an important support zone of 284–286. If this level holds, we can expect a short-term bounce towards the 305–312 levels.
The breakout level is 297—once the price sustains above this level, the market is likely to move towards the mentioned targets.
However, if the price breaks below the support zone, it may lead to further downside pressure in the market.
It is advised to wait for confirmation before taking any position and trade with proper risk management.
Natural Gas is currently trading near an important support zone of 284–286. If this level holds, we can expect a short-term bounce towards the 305–312 levels.
The breakout level is 297—once the price sustains above this level, the market is likely to move towards the mentioned targets.
However, if the price breaks below the support zone, it may lead to further downside pressure in the market.
It is advised to wait for confirmation before taking any position and trade with proper risk management.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.