$NATGAS LONG SETUP: Bullish Structure Still in Control
My bias remains bullish on NATGAS. The 1h chart is holding a clear higher-high / higher-low structure, while the daily trend also supports the upside. Weekly structure is still range-bound, so I’m treating 3.00+ as a potential extension rather than an easy target.
Funding is heavily positive at +0.306%, with top traders also positioned long. That crowding is a risk, but I’m not using it as a short signal while price structure remains bullish. The recent OI decline suggests some crowded longs are already being flushed rather than aggressively building into a breakdown.
Key upside liquidity:
2.940 → 2.971 → 2.987
Preferred entry zone:
2.884–2.904 demand / FVG retest
I would not chase the move. I want to see a 1h bullish engulfing candle or a lower-timeframe market-structure shift after a dip into the entry zone. A clean hold above 2.904 with a bullish rejection would also strengthen the setup.
Take-profits:
TP1: 2.940
TP2: 2.971
TP3: 2.987
Risk management:
Protection should sit beyond the key structure flip around 2.880, rather than inside the recent swing.
Invalidation:
A 1h close below 2.880 would invalidate the bullish thesis and shift my bias bearish.
Structure first, confirmation second, execution third. No chasing...$NATGAS
#NATGAS #NaturalGas #Trading #CryptoTrading #TechnicalAnalysis
My bias remains bullish on NATGAS. The 1h chart is holding a clear higher-high / higher-low structure, while the daily trend also supports the upside. Weekly structure is still range-bound, so I’m treating 3.00+ as a potential extension rather than an easy target.
Funding is heavily positive at +0.306%, with top traders also positioned long. That crowding is a risk, but I’m not using it as a short signal while price structure remains bullish. The recent OI decline suggests some crowded longs are already being flushed rather than aggressively building into a breakdown.
Key upside liquidity:
2.940 → 2.971 → 2.987
Preferred entry zone:
2.884–2.904 demand / FVG retest
I would not chase the move. I want to see a 1h bullish engulfing candle or a lower-timeframe market-structure shift after a dip into the entry zone. A clean hold above 2.904 with a bullish rejection would also strengthen the setup.
Take-profits:
TP1: 2.940
TP2: 2.971
TP3: 2.987
Risk management:
Protection should sit beyond the key structure flip around 2.880, rather than inside the recent swing.
Invalidation:
A 1h close below 2.880 would invalidate the bullish thesis and shift my bias bearish.
Structure first, confirmation second, execution third. No chasing...$NATGAS
#NATGAS #NaturalGas #Trading #CryptoTrading #TechnicalAnalysis