shanechart

NATURALGAS Channel, Ascending-Wedge

Short
MCX:NATURALGAS1!   Natural Gas Futures
Hello

Welcome to this analysis about NATURALGAS , we are looking at daily timeframe perspectives. NATURALGAS in recent times heavily increased with bullishness however it now moved into an overbought condition. NATURALGAS is developing here that will be a decisive factor in the upcoming times. I discovered the main formation NATURALGAS is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how NATURALGAS has emerged with this key ascending-wedge-formation and channel pattern marked in my chart with boundaries. which is an important resistance and also psychological resistance-mark together with the upper-boundary of the ascending-channel-formation a pullback



In this manner, thank you for watching my update-analysis about NATURALGAS and its major ascending-wedge-formation with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
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