Natural Gas: Downside Price Action Might Be Heating Up

FX:NGAS   Natural Gas (Henry Hub)
83 0 8
Comments on the chart
Comment: Uptrend support line has gone today. The real test is a break of 2.600
Comment: 2.600 has ben tested had broken. Looking forward to shorting this commodity hard
Comment: 2.600 has gone. The downside idea is confirmed. Initial targets - if we take the pattern on the chart to be a confirmed 123top then target is 2.200. However if we are looking at the whole prior upmove to be a large retracement then we could expect much lower prices to below 1.600
Comment: Retest of the breakdown zone? Still bearish
Comment: Retracement may have ended here and the downside may be resuming. Would like 2.690 to hold and 2.510 to give way for this idea to continue to hold water
Comment: Nice upmove today. I say so myself despite me wanting the opposite to happen. Now today it put in a bullish engulfing candle which always make me sit up and listed. Still looking for 2.520 to break
Comment: Price has not moved down as expected. Right now it is at old resistance levels. A break above there puts 3.00 in clear view.
Comment: Possibility of a Double top here so the bearish idea is still in play...
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out