Natural Gas Technical Analysis with RSI Indicator and Fibonacci Retracement levels
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    Natural Gas Technical Analysis with RSI Indicator and Fibonacci Retracement levels
    Natural Gas Analysis

    Natural Gas ki movement Wednesday ko 4.750 level tk bearish dekhi gai lkn Thursday ko market ny bullish candle bnai aor 5.177 level ko touch kr ky 5.040$ py sara din hold rahi. Investors aor trader yehi aspect kr rahiy thy ky natural gas mazeed upward move kry gi lkn Friday ko market morning ma bullish momentum show krti rahi aor evening time market again 4.737$ py apni major support py close hui. Ab weekend py market close hai. NG ko yehi dekha gia hai ky after weekend k bad gap k sath open hoti hai kabi to yeh gap bullish hota hai. Aor aksar yeh bearish hota hai. Market ma NG ka jo sentiment hai usky according to market ny 4.232$ price level tk bearish jana hai. Iski main wajah NG ki supply ka increase hona hai. Agr ap NG py trading kr ky acha munafa kamana chahty hain to apko NG py apn ataqniqi jaiza indicators aor oscillators ko istemal krty huy krna ho ga. NG py ap bearish opportunity ly sakty hain.



    Analysis with RSI and Ascending Triangle Pattern

    Above mentioned Screenshot ma apko nazar aa raha hai ky market ny ki beautiful andaz ma triangle bnai hai aor market ab aik turning point py hai yahan sy market ka next tredn decide krny ma apko madad mil sakti hai market ny bahot dafa above janay ki koshish ki hai lkn prices above 6$ stay nhi kr saki air reject ho jati rahi hai. Ab market ko maeed bearish momentum ma dekha ja sakta hai. Supplu ma izafy ki wajah sy prices under pressure hai aor market ka next target 4.232$ hai. market ny abi apni recent retrace bhi mukamal kr li hai. RSI indicator bhi near oversold condition ma hai lkn abi tk reading below 30 nhi hai is ka mtlb hai ky market mazeed down ja sakti hai ya gad down ky sath start hony ky chances increase ho gay hain.

    Fibonacci Retracement Level ky According Update

    Traders agr ap natural Gas ka daily candlestick chart select kr kt market ma Fibonacci retracement levekls ko use kren to ap dekh skty ain ky market ma perfect double bottom pattern bn chuka hai aor market double top bhi bna ky down ai hai. is leay next move ko critically analyse krna ho ga. Fibonacci level 23.8 imortant hai market wahan tk retrace kr sakti hai. apko apni trade in levels py set krni chye. Nechy di gai screenshot ma apko market ki position clear ho jay gi.

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