NATURAL GAS HARMONIC PATTERN
📈 Chart Pattern: Bearish Harmonic (Possibly Bearish Bat or Gartley Variant)
⚠️ Price Structure Breakdown:
A clean XABCD Harmonic Pattern is visible on the 1H timeframe:
🔹 XA Leg: Sharp impulsive rally from ₹229 → ₹281
🔹 AB Leg: Pullback retraced 49% of XA
🔹 BC Leg: Strong recovery to 81.5% of AB
Natural Gas Futures
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Contract highlights
Related commodities
NATURALGAS1! 1D Time frame📍 Current Price
₹261
🔑 Key Levels
Immediate Resistance: ₹268 → ₹272
Immediate Support: ₹257 → ₹253
52-Week High: ₹366
52-Week Low: ₹188
Short-Term Outlook
Bullish Scenario: Sustained above ₹272 → possible move toward ₹280–₹285
Bearish Scenario: Falls below ₹257 → may test ₹253–₹250
Natural Gas – Breakdown Retest Could Trigger Fresh FallHello everyone, Let's analyse Natural Gas and it has recently broken down from a key support level, turning it into resistance. The price is now retesting that zone, and unless bulls manage to reclaim it strongly, the downside remains the higher probability.
Current Setup:
Previous support arou
Volume Profile & Market Structure AnalysisIntroduction
In modern financial markets, traders and investors rely on both price and volume to make informed decisions. While traditional technical analysis focuses heavily on price charts, patterns, and indicators, volume profile analysis introduces a powerful dimension: it shows not just where
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions
The nearest expiration date for Natural Gas Futures is May 27, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Natural Gas Futures before May 27, 2025.