Pushing cleanly through 3.04 handed control back to the bulls, and the momentum is building across multiple timeframes. $NATGAS is holding a solid structure on the 15m and 1h, with the 4h trend aligned in the same direction. Lower timeframe RSI is hovering around 68, backed by expanding MACD and rising OBV.
Entry: 3.0485 – 3.0510 SL: 3.0226 TP1: 3.0794 TP2: 3.1021
The 15m chart is moving the fastest, but higher timeframes aren't resisting it. The 1h is staying well above 3.0450, and the 4h has plenty of room above the old 2.9510 resistance area. That said, price is pretty stretched relative to its longer-term average, so jumping in late on a sudden spike isn't a smart play.
If price slips back under the breakout zone instead of consolidating above it, it's better to step aside than force it. $NATGAS moves fast, so keeping position sizing modest gives the setup enough breathing room to play out without risking severe drawdown on a violent wick.
Entry: 3.0485 – 3.0510 SL: 3.0226 TP1: 3.0794 TP2: 3.1021
The 15m chart is moving the fastest, but higher timeframes aren't resisting it. The 1h is staying well above 3.0450, and the 4h has plenty of room above the old 2.9510 resistance area. That said, price is pretty stretched relative to its longer-term average, so jumping in late on a sudden spike isn't a smart play.
If price slips back under the breakout zone instead of consolidating above it, it's better to step aside than force it. $NATGAS moves fast, so keeping position sizing modest gives the setup enough breathing room to play out without risking severe drawdown on a violent wick.
