Natural Gas H1: Wave Analysis for the European Session on 10.2.2026

Despite the decline, there are signals on the Natural Gas chart indicating a possible upcoming change in direction.
Natural Gas continues to move within the Triple Three wave structure. Now, apparently, the formation of the wave [xx] has completed on the chart and the development of an upward movement can be expected with the wave [z].
Lower-degree waves indicate the formation of a downward ABC zigzag. The wave (c) must have already been completed, so the formation of a new wave structure can be expected.
Despite the current downward movement on the Natural Gas chart, the situation may change soon. The corrective wave is close to completion, which may indicate the possibility of a price reversal.
In the current situation, it is worth paying more attention to long positions.
Alternative scenario
Short positions will be relevant after the breakout of the current wave start level