Natural Gas (Henry Hub) – Intraday Outlook | May 1, 2025

1 May

The previous idea played out well — price hit the first long target cleanly and came just short of the second target, which was 3.4501

📍 Current outlook:
I've updated the ascending channel based on the new pivot points.

If we see a strong buy reaction from the 3.3575 level, I’ll expect to complete the move to 3.4501, and the next goal will be the upper boundary of the channel.

However, if price closes below 3.3585, we may be seeing the beginning of a range formation, with downside potential toward the 3.2556 support zone.

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1 May

İşlem aktif

There's a typo in the paragraph
"However, if price closes below 3.3585, we may be seeing the beginning of a range formation, with downside potential toward the 3.2556 support zone."

— meant 3.3575, not 3.3585 (sorry)