Natural Gas Futures Break Double Bottom Pattern

Natural Gas futures have displayed a bullish trend in their recent price action. A double bottom pattern has been identified, with the price breaking above its neckline and turning into horizontal resistance.

The falling trend line was also broken, signaling a potential reversal of the previous downtrend. This has led to an expanding demand zone, increasing the likelihood of a bullish continuation.

A target level of 2.10 is being watched for price movement towards. A strong move above 187.8 will confirm the breakout and provide further confirmation of the bullish trend.