Natural Gas M15: Price pressure increases
The characteristics of the previous period indicate that traders could not decide on the direction of Natural Gas, but then the pattern formed on the chart indicated a possible end to the period of uncertainty.
The formation of a symmetrical triangle on the chart indicates a phase of consolidation or uncertainty. A break through the lower leg of the triangle is a key signal of a potential downward movement.
Natural Gas holders should focus on opening short positions, which can be relevant either now or when the key signal level is retested.
📌 Entry: 4.563
✔️ First target: 4.421
✔️ Second target: 4.351
❌ Stop order: 4.662
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