Gas fuelling in for an expiry rally!
Observations:
• Price broke down below the horizontal support zone (~$3.12–$3.13), but the candles show strong rejection wicks which indicats sign of bear trap.
• Bears tried to push below support, but volume did not confirm sustained selling.
• RSI (bottom panel) is in a deeply oversold region
Scalp Shorting opportunity in NG (Risk Appetite High)
• Price: $3.2725 is retesting previous swing high resistance zone (highlighted box).
• Candles: Strong impulsive green candles led price into resistance.
• Volume: Spike during the breakout push, now slowing showing possible exhaustion.
• CCI (20): Was above +100 (overbought) and now rolling do
NG : A FALLING WEDGE BREAKOUT WITH 1:7.5 RR• NG was in downtrend and in a falling wedge for last 2 months
• Today It successfully retest the upper trend line of the wedge and confirming the BO
• A trade with 1:7.5 RR
• SL and the T1 and T2 mentioned in chart.
• Educational purpose only. Happy trading.
Natural gas analysis Monthly Time frameNatural gas markets are influenced by a complex interplay of supply, demand, weather, geopolitical events, and technical factors. Below is a concise analysis based on recent trends and data as of August 24, 2025, covering key aspects of the natural gas market
Price Trends and Market Dynamics
Spot
Gas shorting Opportunity again Initiating a short position on Natural Gas (XNGUSD) at $2.919 after a clean breakdown from the rising trendline. Price has slipped below intraday support and is now testing the 50-period anchored VWAP.
Entry: $2.919
Stop Loss: $2.931 (above resistance zone)
Target: $2.883 (near next support)
Beari
Scalp in Gas
Scalp Short Plan:
• Entry: Below 2.9390 (confirmation candle close)
• Stop Loss: 2.9465 (above the rejection wick)
• Target 1: 2.9320
• Target 2: 2.9280 (close scalp here unless strong momentum continues)
Since this is a scalp, the idea is quick in-and-out, preferably within 3–5 candles, to av
Gas in the Tank
Trade View: Natural Gas (XNGUSD) — Buy
CMP: $3.5722
Stop Loss: $3.51
Target 1: $3.68
Target 2: $3.74
Duration: 3–5 sessions
Risk–Reward: ~1:2
Rationale
1. Price Structure — Trendline Respect
Natural Gas is respecting a rising trendline with a clear series of higher lows on the 15-min chart. T
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Displays a symbol's price movements over previous years to identify recurring trends.