NATGAS is wildly bullish lately
And the price is retesting a horizontal support
I don't think that the rally is over
So I am betting it will go up
To retest the recent high
Perhaps it will go on to break it too
And go even higher
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✅NATURAL GAS is trading in a massive uptrend
Due to the fundamental reasons
Pushed even higher by a massive short squeeze
In the options market to make matters worse
And now the price seems to be forming
A bullish pennant pattern on the 5H timeframe
So If we see a bullish breakout
That means that the price
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If you are not investing in NEO coin, it is recommended to trade from a short-term perspective.
(GASUSD 1W Chart) - Mid-Long-Term Perspective
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Gas has broken a 100-day trend line and after approving the price above the trend line, it is ready to move towards the targets drawn in the chart. The resistors in front of it are also plotted in the diagram.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of...
✅NATGAS broke the local horizontal key level
And is now retesting it form below
I think that a local bearish reaction is possible
Because gas is relatively overbought
So a correction is viewed as healthy
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Mark Fisher was a presence in the natural gas futures arena in the days before electronic trading, racking up profits that made him very wealthy.
On Wednesday, September 29, Mr. Fisher told CNBC that he does not see the November natural gas futures contract coming off the board below the October contract, making the $5.50 to $5.80 level a bottom. He warned that...
The question of the U.S. Debt limit is off the agenda at least for two months after President Joe Biden signed a funding bill to prevent government shutdown and allow funding through to December 3. Investors held their breath last week to see where stock indexes would land, and the answer is they rebounded by 0.82-1.43%.
The new week starts with the OPEC+ meeting...
On 1h chart after a ext 5 we completed impulse and start correction, we don't have enough information yet to know how correction will play out
But on daily chart
We have big pattern too so if we have 5 wave down maybe we will have a zigzag
PETROBRAS-ADR C is an integrated company operating in exploration, production, refining, retailing and transportation of petroleum and its byproducts at home and abroad.
This company impresses me from a financial perspective. This is a company that is managing their debt and cashflow during adverse times within an underperforming sector. I've seen that...
BP p.l.c. engages in the energy business worldwide. It operates through Gas & Low Carbon Energy, Oil Production & Operations, Customers & Products, and Rosneft segments. It produces and trades in natural gas; offers biofuels; operates onshore and offshore wind power, and solar power generating facilities; and provides de-carbonization solutions and services, such...
GAS Long Setup
🔵 Entry Level: $5.673
🟢 Take Profit: $6.094
⛔ Stop Loss: $5.441
- So far the price is respecting the ascending channel;
- I believe the price may bounce off the lower trendline in the area between $5.535 and $5.670.
Game Plan: If the price goes through the lower trendline (yellow), which at the moment acts as a support level, then I...
As crude oil sits in a very vulnerable position, Putin has come out declaring it could head to $100 and while China contemplates the scale of a potential Evergrande bailout, there's a serious potential risk here that the inflation trade will continue thus leading to another squeeze out of GME which has been an efficient barometer for inflation since it's grand...