The TTF gas price for delivery in Q2 2026 is currently an upper reversal in the form of a pronounced shoulder-head and shoulder formation (SKS). The horizontal neckline at 32.10 euros/MWh will be tested again on Wednesday in week 30. If the price falls below this signal line, the SKS formation is confirmed and further price reductions are expected. The 30-euro mark then forms the next price target. Buying pressure can be expected here. Should prices also fall below 30 euros/MWh, there would not be much room left until the April low of 29.20 euros/MWh. However, should prices turn upwards again and overcome the 38.2% Fibonacci retracement with a right shoulder and 200-day line at 34.60 euros/MWh, a buy signal would be generated and price increases up to the head of 38 euros/MWh could result.