My Dear Robbers / Traders, This is our master plan to Heist of GOLD mines based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned 2 plans with target in the chart Please look at the chart before entry, Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous area market is overbought / Oversold...
Last week, fuel inventories in storage rose by 95 billion cubic feet (bcf), surpassing analyst forecasts. Gas futures initially dropped but rebounded by the end of the week. The market expects increased cooling demand in the coming weeks as summer temperatures rise. Gas futures on the Henry Hub are heading for their best month since August. However, the storage...
Natural gas is trading bearish for the last couple of months, but we see it in a larger (A)-(B)-(C) corrective decline that can be slowly coming to an end. We are actually tracking final wave 5 of (C), which should be completed by a five-wave cycle of the lower degree. Natural gas is currently in an intraday consolidation within downtrend, ideally in subwave "iv"...
With the unexpected news of oil production cuts oil has gapped up hard. Although strong, oil has rammed a massive resistance zone. May be to soon to call short, but i am. Gap fill possible.
Good morning traders! Haven't posted in a while since I took my time to teach the new guy I started working with, I'm sharing with you today my trade on NATURALGAS which is a short one. Sell and set TP and SL at your own risk! For more questions don't hesitate to ask!
Good afternoon and good evening dear traders! Congrats for those who could ride the down trend on the NATURALGAS for today. I posted in the morning an analysis where I said to sell NATURALGAS, as you can see it went down for 4% and that was a good profit for the beginning of the week, my customers and I could touch 5000$. We closed after we got a squeeze of...
Good morning CRUDE OIL traders! I'm sharing with you again my trade on CRUDE OIL this morning, as you can see on the chart there's a breakout of the channel the price was consolidating at all the past hours. TP and SL set them at your own risk. In case you got any question don't hesitate to ask!
Oil appears to be selling into some key parallel channels and also forming bullish divergences. With China reopening on the horizon and the SPR at record lows I believe we should be bullish on oil. This is a medium term opinion, yet this trade could offer up a nice midterm set up as we are getting higher highs and higher lows.
I am not saying this will happen, in fact I am personally bullish at the moment based on a number of factors. (For more on why I am bullish check out my channel for my nat gas trade) I thought it was worth mentioning that BTC price action over the past few years is lining up very similarly to the price action of nat gas over the past year. Based on this vague...
It is safe to say that NG has been bleed out recently, and is looking very oversold. I am watching closely here for a long position. Momentum looks like it may shift bullish soon.
Crude is rounding out right at key levels of resistance and it is looking like a short as the price is breaking short term bullish structure to the downside. Key targets are shown by the circles noted on the chart. -bearish divergence on multiple timeframes -multiple resistance levels in play I have personally been scaling into a short position as we have been...
My previous crude oil long worked out well on the recent pump, and is retracing as expected. I believe we will see a continued fall into the red parallel line. This will be only the second time the crude price has hit this anchor line of this parallel channel. The odds of a bounce reaction are high. There are levels slightly lower that also have me interested such...
Crude oil is honing in on a massive level of support that IMO, should not be taken lightly. With multiple high level trend lines all crossing in an important zone of confluence, I believe this could be tradable if we get a confirmed technical swing failure above the Sept. lows. We are also closing in on the 200 SMA. Also important to add that we are down $18...
West Texas Crude Oil shows strong bounce back from 0.46 fib retracement levels, and a possible formation of C-retracement pattern of the bearish ABCD harmonics. Buyers are advised to wait for the formation of first higher low and long.
Big moves in all markets today and CPI announcement tomorrow. I think we should be looking for trades. The chart shows points on interests for me. Good luck.
Economic Reasons: - Natural Gas Nord Stream Sabotage - Hurricane heading to US Reasons for a trend reversal: - Price is heading for a macro uptrend - Key zone of support and liquidity - 0.786 retracement from Aug. highs and Sept. lows ($6.33) - Almost over sold on RSI and MACD on the daily chart. (it is over sold on lower timeframes) - Bullish divergence on the...
I successfully road the recent rally from the lows ($76-78) for a nice trade and I am looking to fully exist the rest of my position and also start a short position around $83-83.2. A few reasons: - We are approaching the .5 fib retracement of the local high and low - We are about to hit the major uptrend that started back in 2020 (a rejection here will confirm...
Just an update on my post from yesterday. I am planning on taking a long in the green box. This is a bit riskier trade than I normally like to take, but I think it will yield well. Possible add just below entry at 80.5. (this is a key level of a descending parallel channel)