My dear friends, My technical analysis for NATGAS is below: The market is trading on 2.886 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2.965 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend...
Natural gas has seen a nice rejection off of 3.19. A double top on nat gas is observed, does this mean we go lower? In the near term perhaps some more consolidation is needed but the trend is setting up for the infamous golden cross. If we get a bullish cross of the 50MA & 200MA this is a likely long term trend signal. This signals higher probability of a...
this is my idea for NAT GAS Probably we are in final 5W UP with target 3.5$
Zones and levels or shapes for potential support/resistance forces that might influence this market in the future. Dotted path is an envisioned scenario which doesn't need to manifest necessarily but the overall picture might come in handy if the market shows signs of synchronicity with the design. Starting off with the resistance met at the cyan rectangle where...
In this one I use my preferred charting tool that uses data points from the past: Curved Trendlines. While there are other variations of such lines that I might use depending on the context, in this case the pattern low-high-high or high-low-low is widely detected as relevant and used as such for mapping out potential forces and support/resistance zones. As you...
NG based on monthly data is registering very significant net buy volume at the current price range. Seller's strength is certainly fading out based on thinning price volatility this past few days / weeks -- as shown on yellow price lines on chart. NG is currently sitting at a strong major support at 2.0 to 2.5 area, a 1.0 FIB discount level -- this is where most...
After a poor start to the year, Natural Gas prices have surged in the current quarter, largely due to stronger fundamentals. Extending the advance this week, the commodity looks poised to set new 2024 highs (3.397), but it may be early to talk about further gains. Key drillers have lowered their 2024 output guidance, while demand is expected to accelerate...
Renko buy signal on weekly, validates Heikin Ashi bull trend continuation. After monster shakeout of weak hands on Monday, gas broke out to a new trend high today. Very strong bullish indications. You're welcome.
Renko buy signal on weekly, validates Heikin Ashi bull trend continuation. After monster shakeout of weak hands on Monday, gas broke out to a new trend high today. Very strong bullish indications. You're welcome.
✅NATGAS is trading in a Strong uptrend and the price Broke the falling resistance So we are bullish biased And we will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
NATGAS - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell NATGAS Entry - 2.936 Stop - 3.043 Take - 2.759 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear subscribers, My technical analysis for NATGAS is below: The price is coiling around a solid key level - 2.918 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2.792 About Used Indicators: By the very nature of the supertrend...
Hello Traders ! The NATGAS price failed to create a new lower low. Currently, The last lower high (2.543 - 2.592) is broken (change of character) So, I expect a bullish move📈 ---------------- TARGET: 2.728🎯
Hello Traders In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET today NATGAS analysis 👆 🟢This Chart includes_ (NATGAS market update) 🟢What is The Next Opportunity on NATGAS Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello,Traders! NATGAS is trading in an Uptrend and the price Has formed a bullish Pennant pattern so we Are bullish biased and IF we see a bullish breakout Then we will see a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
I want to be honest.. The rally long was a surprise for me, I expected a long phase but without this momentum. It was really strange because we have a big storage increase more than last year and I expected a long phase but more flat. so I think now we can have a rebound of price until support area more or less 2$ before the last long (if we will have). The...
My dear friends, Please, find my technical outlook for NATGAS below: The instrument tests an important psychological level 2.503 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.683 About Used Indicators: Super-trend indicator is...
Natural Gas (NG!) hit last week the top (Lower Highs trend-line) of the long-term Falling Wedge pattern that started on the April 10 2023 Low and was immediately rejected back to the 1W MA50 (blue trend-line). As long as it holds, this rejection indicates that technically, the new Bearish Leg should start. Our Target is 1.550 (just above Support 1). If however...