Natural Gas M30: The price is trying to leave the symmetrical triangle by breaking through its upper boundary
The balance of power in Natural Gas is gradually improving. Market sentiment is becoming more positive for purchases.
The formation of a symmetrical triangle indicates consolidation before a breakthrough and an increase in trading volatility. A piercing of the upper triangle leg is a positive signal indicating an upcoming price increase.
It is recommended to prioritize long positions on Natural Gas in the current situation. Entry points can be selected both at current prices and based on an outcome of a retest of the specified resistance level.
📌 Entry: 2.752
✔️ First target: 2.907
✔️ Second target: 2.984
❌ Stop order: 2.655
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