Every time the price of oil goes up, there's a group of bulls that are sure they're catching the train to $150. I mean, I do think oil will go to $150, and there has to be a bottom that comes first, so there's that. But with fossil fuels and energy producers it seems the pumps are rare, the consolidations are frequent, and the dumps are more common. In two...
Easy long, easy money! NATGAS ended up doing exactly what I said, hope you caught on and made some money!
This week, natural gas performed nearly perfectly. The wave count remains unchanged. Although I am still unsure about the ultimate shape of wave b, the scenario allows me to open cautious shorts. Of course, this is not advice. I look forward to the structure shaping the bottom and entering long positions into the winter.
NATGAS is making a rebound from the support level of 2.42 so I think that we will see a further move up.
Antero Midstream is working on its 4th weekly close above the upper line of a rectangle pattern. Price is trading above all of its MAs with all MAs in bullish order indicating a bullish trend for price. The PPO indicator shows the green PPO line rising above the purple signal line which indicates bullish momentum in the short-term. Both lines trending above the...
✅NATGAS is making a rebound From the support level of 2.42 So I think that we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
All year EQT, an unloved natural gas producer has been a swing trader's paradise. I've harvested so many gains from these E-cutie trees I thought I'd make a thread just for it and post trading updates. The macro technical picture is clear. Years of being battered by shorts ended with capitulation in 2020, followed by a swift rebound. Fundamentals are tightening....
The price of NatGas has gained significantly again since Friday and could thereby move further away from the support at $2.48. Thus, we assume that it has already left the white wave (2) and is ready for high flights. For the white wave (3), it must rise significantly above the resistance at $2.75. After the completion of this wave, we expect a small correction...
This analysis is still with the old analysis. Still in a positive condition bullish. After the price forms a choch structure and corrected, the price is stuck in the Fibo Retracement area 0.382 and is likely to continue bullish up to the right level of Fibo 1,618 in contact with the highest price in March.
The chart is non-tradable (though I did enter some cheeky shorts). Natgas is tracing out something really intricate, as is its typical behaviour. I suspect (and this is only specualation at this point) that the market is undergoing a compex [ w] [ x] [ y] correction as wave b where [ x] is a flat with an expanding diagonal in wave (C). Then there has to be...
natural gas weekly uptrend still intact key battle zone now
Following daily chart sharing to see it more clear weekly. We're good to go now TP1 3.58 Tp2 4.97 Another target will be EMA100 which is on the chart. SL 2.06 - it's a bit far away SL but technically this is possible.
Last time we looked into Natural Gas (NG) we called for a buy entry (see chart below) right after the contact at the bottom (Higher Lows trend-line) of the Bullish Megaphone: The 2.550 target has been hit but the rise didn't stop there, breaking even above the former 2.690 Resistance and making a Higher High in the process. The price is right now above the 1D...
falling wedge pattern bull breakWeekly uptrend still intact Next level for is to break above $2.80 range
Hello,Traders! NATGAS broke out of the Bullish flag pattern while Trading in a bullish flag Pattern so I think that The price will keep growing Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
If I elaborate on my earlier scenario with unfinished correction, Natgas might perform a spectacular drop over the next few days before resuming the uptrend. Before this, I expected a triangle, then a flat with an ending diagonal and now a classic expanded flat in wave b. Since wave a was a contracting diagonal, there is an 80% chance that wave c is a quick...
✅NATGAS is trading in an Uptrend and the pair broke Out of the bullish flag pattern So I think that we will see Bullish continuation on GAS LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Gold and silver broke above falling wedge bullish Natgas still chopping within it.