Looking at the way NG has been playing out over the last couple weeks, it looks like it just drop, levels off, drops again - repeat!! So I'm thinking it might hit 6 and then drop off again. We shall see. Heiko
NG! has had a historic two-year bull rally. Is the fun over for nat gas traders? Fundamentally little has changed regarding the supply and demand of U.S nat gas despite the last few weeks of intense selling, with exception of a temporary surplus of U.S nat gas supply due to a fire in a Freeport export terminal. Global weather remains extreme. Nat gas supply...
Another corrective move for a commodity. Look for a retest of that blue zone with an R of 3. Buy stop@ 5.674
$UNG Analysis, Key levels & Targets NatGas is starting to look very interesting again… what a monster drop today, though!! I will be looking to get into a position tomorrow… I’ll update here with whatever long position I end up taking… I love trading natgas and it has been too long… —- I am not your financial advisor. Watch my setups first before you jump...
Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates NATGAS WK: 250%+ gains BEST level to BUY/HOLD...
Hello,Traders! NATGAS is now retesting a key horizontal level And despite the fact that it is on the very edge I think we still might see the local bullish correction Because the level is strong and it was not yet broken Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
A perfect entry FXPROFESSOR Style and a 35% drop in 15 days .. A trader can never ask for anything more than that. The charts don't lie and when an alert goes off from TRADINGVIEW we don't even look at the chart: we just went short without delay. NEWS: The FREEPORT LNG TERMINAL FIRE made things better for our trade as more supply with same demand for US...
I was recently short on NATGAS and made a good profit...now I am willing to risk some of that profit to go long for a short term. This can come down a bit more but has a bit of upside, before major collapse to 5$ level of before war time.
Multiple time frame analysis on Natural gas. Price action, structure & key levels. Your detailed trading plan. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
$NATGAS $KOLD $BOIL Analysis, Key levels & Targets No game plan yet… but I’m looking…
Natural Gas futures have retraced the 2022 bull trend to a 50% Retracement Level at 6.60. Price needs to hold this level or else it risks giving up the 2022 trend. This trade was prompted by a 30 minute timeframe Spike Alert this morning that pegged the broader trend level and sets up a low risk test. Stop alert below the morning low and an initial target a...
Hey, I think NATGAS is oversold. The price has dropped some 30% from the top, partly because 2% of the US demand abruptly seized, as Freeport LNG had an explosion, and are delaying restart of the facilities. Never know what happens in this volatile market, but as long as the conflicts between Russia and the west continues, I believe NATGAS is going to continue...
So I heard Germany will have to fire up their coal plants due to Russia clamping down on their supply of NG to Germany. I don't know if this will affect U.S. NG or not, but considering how far NG has fallen in the last 3 days or so, I imagine NG might go back up 500 points or so this week. Let me know your thoughts. Stay safe. Heiko
Hello,Traders! NATGAS is going down now But a strong key horizontal support is ahead So I think that after the retest of the level We will see a rebound and a bullish correction Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Natural Gas (NG1!) broke below its 1D MA50 (blue trend-line) last week for the first time since February 11 and upon the first re-test as a Resistance, it got rejected. This indicates strong sell bias on the medium-term. The likely target is the zone within the 1D MA200 (orange trend-line) and the 1D MA300 (green trend-line) or when the 1D RSI turns...
This is a very good Risk:Reward setup for shorts, price is making a lower high on much lower volume. MFI is already telegraphing decline. Expecting some -20% up to -25% from here. Have fun.
As I said in my June 14th post, I will put a Buy Order in with price hoping to hit 8 or 8.2. It DID! So I took my profit at 8 for a nice 500 point profit!! Congrats to all who made some money!! I will keep you posted probably on Sun night or Mon for next week. Heiko
I am keeping my shorts and will add to shorts if we get above 9.8$ The chart says it all, negative divergence shows it is just the retail traders who are bullish and chasing. The big guys will dump their gas on the retail and its gonna stink so bad