Quite clear H&S shoulder pattern has developed on NATTY which began accumulating at the beginning of March of this year. The green rectangle is the base of the massive accumulation zone which has acted as support previously, now turned resistance. There's been 2 prior attempts at breaking through, on the third, it broke but wasn't able to hold. The target...
Amid a quick change in the market sentiment in mid-April 2024 and subsequent weakness in stocks, West Texas Intermediate crude oil (USOIL) retreated from its highs to $78 per barrel. In the process, USOIL broke below the lower bound of the ascending channel, and the daily time frame turned bearish, with MACD crossing below the midpoint, Stochastic falling into the...
✅NATGAS surged again to retest the resistance of 2.30$ But it is a strong key level So I think that there is a high chance That we will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Natgas is again approaching the usual support level around 1.613. I think we can't go any lower than that, so it might be worth taking a long position. The lowest possible can be 1,566.
The price of NATGAS will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️Please, support our work with like & comment!❤️
While we await earnings from Nvidia (on 22 May) that will be influential on future market direction, we move into the tail-end of US quarterly earnings, but also past a dovish Fed meeting, a strong US ECI report and weaker-than-expected US nonfarm payrolls and 2 hefty bouts of MoF/BoJ intervention. Yet, despite these landmines, a gentle calm descends over...
My dear friends, NATGAS looks like it will make a good move, and here are the details: The market is trading on 2.150 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.994 Recommended Stop Loss - 2.252 About Used...
Building a position in unleveraged natural gas AMEX:UNG in $13-14's Divergence on price/RSI. Falling Wedge Would like to see price get over and hold above daily 50MA Will likely update once that is achieved After 50MA is achieved and held, breakout the wedge and target the 200MA daily for profit. Add on down days and be very patient with this one
00:00 Natural Gas futures stock NatGas Support & Resistance Guide 04:04 AMEX:UNG Stock Forecast 04:42 Oil Price Forecast 05:50 DXY US dollar Stock Forecast 06:50 Gold XAUUSD Stock Forecast 08:36 Silver XAGUSD Natural Gas Price Forecast | Oil, Silver, Gold
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...
Hello,Traders! NATGAS made a gap up Then hit a horizontal level Of 1.989 then made a breakout And the breakout is confirmed So we are bullish biased And we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
$NG1 PEPPERSTONE:NATGAS #NaturalGas is now testing a 33 years old wedge for a bit more than 12 times. Any close below 1.50 causes a free fall, however, there is a descending lower channel wedge extending since 2009 around 1$.
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...
Looks like Natural Gas is trending in a channel and just landed on the its support area. Theres a high probability the price will reverse from this area as its been consolidating there for quite some time now.
✅NATGAS made a massive Gap up from the support But after the gap the price Immediately hit a horizontal Resistance level of 2.00$ From where we are already Seeing a bearish reaction And I think that we will see A further move down next week SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Technical analysis on Natural Gas Price Forecast | Oil, Silver, Gold Support and resistance guide
Natural Gas (NG1!) has been posting Higher Lows, three so far since the February 20 Low, despite the fact that it remains within a Channel Down since the October 27 2023 High. This might be a short-term trend change similar to the Channel Up that started on the April 14 2023 Low following a sharp and long-term selling sequence. Notice also the Higher Lows Bullish...
Since the eruption of the war between Hamas and Israel in early October 2023, we have been occasionally reporting on some of the developments in the oil-rich region. In one of the more recent articles, we outlined how Israel’s deadly airstrike against Iranian generals in Damascus, Syria, was likely to provoke retaliation from Iran and its proxies. On Saturday,...