NG1 Price Breaks Through Key Resistance Zone
Natural Gas futures are showing signs of a potential uptrend according to TradingView analyst Longby Aurelius-Rex2000. As of March 12, the price of NG1 (Natural Gas Futures) reached an equilibrium low of 3.209, which was then followed by a clean liquidity sweep below that level.
The current price of 3.520 is pressing into a key daily resistance zone and has formed a textbook ICT-style reversal. This includes a displacement leg up through the blue demand block (3.250-3.310 area) and a brief consolidation forming a Fair Value Gap.
The projected continuation for NG1 is toward the pink Institutional mean sitting at 3.369, which represents the primary draw on liquidity. This could indicate a potential long opportunity for traders.