Instrument: US Natural Gas (Spot)
Timeframe: 1D
Published: July 24, 2025
By: RenDon
📈 Idea Summary:
Natural gas is showing signs of accumulation after a corrective downtrend. Price recently tested key horizontal support around $2.96–$2.85 and is now attempting a recovery. Two potential bullish scenarios are outlined:
🧠 Bullish Scenarios:
🔵 Scenario A (blue path): Clean breakout above $3.32 with strong volume could lead to a continued push toward $3.56 → $3.79 → $4.05.
🔴 Scenario B (red path): Price may first retest the $2.96–$2.85 demand zone again before bouncing and gradually rallying toward $4.05.
🔍 Key Levels:
Support: 2.961 / 2.957 / 2.854
Resistance: 3.323 → 3.568 → 3.792 → 4.046
🛑 Invalidation:
A decisive close below $2.84 would invalidate the bullish thesis and suggest further downside risk.
📊 Volume Insight:
Volume has been drying up, which may indicate a potential spring or absorption before a breakout.
✅ Trade Plan (example):
Entry: On retest of $2.95 or break of $3.32
Stop Loss: Below $2.84
Target: First TP at $3.56, then trail toward $4.05
💬 Let me know in the comments how you see NATGAS developing and which path you’re betting on!
Timeframe: 1D
Published: July 24, 2025
By: RenDon
📈 Idea Summary:
Natural gas is showing signs of accumulation after a corrective downtrend. Price recently tested key horizontal support around $2.96–$2.85 and is now attempting a recovery. Two potential bullish scenarios are outlined:
🧠 Bullish Scenarios:
🔵 Scenario A (blue path): Clean breakout above $3.32 with strong volume could lead to a continued push toward $3.56 → $3.79 → $4.05.
🔴 Scenario B (red path): Price may first retest the $2.96–$2.85 demand zone again before bouncing and gradually rallying toward $4.05.
🔍 Key Levels:
Support: 2.961 / 2.957 / 2.854
Resistance: 3.323 → 3.568 → 3.792 → 4.046
🛑 Invalidation:
A decisive close below $2.84 would invalidate the bullish thesis and suggest further downside risk.
📊 Volume Insight:
Volume has been drying up, which may indicate a potential spring or absorption before a breakout.
✅ Trade Plan (example):
Entry: On retest of $2.95 or break of $3.32
Stop Loss: Below $2.84
Target: First TP at $3.56, then trail toward $4.05
💬 Let me know in the comments how you see NATGAS developing and which path you’re betting on!
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
Related publications
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.
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
Related publications
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.