Pattern formation: falling wedge pattern (4 Hour)
Price executed a clean reversal from the demand zone, reclaimed key EMAs, and broke out of the falling channel — hinting at a potential trend shift on the mid-timeframe.
Possible Scenarios:
Retest near 296–298 zone may offer the best risk-reward long entries.
Targeting 308 - 314 - 320 (+6.3%) from the breakout zone.
#CrudeOil #naturalgas #MCXCrude #PowerOfCommodity #TriangleBreakout #TradingViewIndia #EnergyMarkets #TechnicalAnalysis
Comment below if you think it's bullish?
Price executed a clean reversal from the demand zone, reclaimed key EMAs, and broke out of the falling channel — hinting at a potential trend shift on the mid-timeframe.
- ✅ Support zone held strong near 270–280
- ✅ Breakout of falling wedge/channel
- ✅ Reclaim above 25 & 55 EMA
- ✅ Bullish structure with clean HH-HL formation
- ✅ Momentum building with volume confirmation
Possible Scenarios:
Retest near 296–298 zone may offer the best risk-reward long entries.
Targeting 308 - 314 - 320 (+6.3%) from the breakout zone.
#CrudeOil #naturalgas #MCXCrude #PowerOfCommodity #TriangleBreakout #TradingViewIndia #EnergyMarkets #TechnicalAnalysis
Comment below if you think it's bullish?
トレード稼働中
Naturalgas trade is activeトレード終了: 利益確定目標に到達
Natural Gas has hit a high of 312 as projected, completing the first leg of the bullish structure.🔼 Next Move?
I’ll only look for fresh longs above 312 with sustained price action above 314, which would open up the path toward 320 next target.
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。