🔍 Key Highlights:
✅ XABCD Pattern Completion Zone:
XA to AB = 0.631 retracement
BC = 0.679 retracement
CD = 1.614 extension (projected move towards Point D)
✅ Bullish Structure in Progress:
Hidden Inverse Head & Shoulder supports bullish reversal
Confluence near Point C, increasing probability of trend reversal
✅ Momentum Confirmation:
RSI bouncing from neutral zone (47–49)
Stoch RSI reversing from oversold zone (13–23) – signaling early long buildup
🎯 Key Levels to Watch:
📈 Upside Target Zone (D): 1.614 extension zone
🛑 Invalidation: Break below recent Point C Low (229.5)
💡 Trading Insight:
This setup aligns with harmonic precision. If price holds the recent low and reverses with volume, Natural Gas may witness a strong upside bounce into the D leg completion.
✅ XABCD Pattern Completion Zone:
XA to AB = 0.631 retracement
BC = 0.679 retracement
CD = 1.614 extension (projected move towards Point D)
✅ Bullish Structure in Progress:
Hidden Inverse Head & Shoulder supports bullish reversal
Confluence near Point C, increasing probability of trend reversal
✅ Momentum Confirmation:
RSI bouncing from neutral zone (47–49)
Stoch RSI reversing from oversold zone (13–23) – signaling early long buildup
🎯 Key Levels to Watch:
📈 Upside Target Zone (D): 1.614 extension zone
🛑 Invalidation: Break below recent Point C Low (229.5)
💡 Trading Insight:
This setup aligns with harmonic precision. If price holds the recent low and reverses with volume, Natural Gas may witness a strong upside bounce into the D leg completion.
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.
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.