✅NATURAL GAS is trading in an uptrend And the price has retested a support confluence Of the rising and horizontal support levels On the lower timeframes, we can see A breakout of the falling resistance Which completest the bullish narrative And I am expecting the price to go up With the target being 5.5$ LONG🚀 ✅Like and subscribe to never miss...
with an avg price for the last 10y for december and january contract of around 3.24 & 3.50, it would make sense to see low to mid 4s during this year if things persist as they are (no extreme weather, decent flow from rusia to europe, good wind etc)
Exactly two months ago by making use of Natural Gas' clear long-term cycles, I called for a potential Top of the current Cycle after the formation of a Golden Cross on the 1W time-frame: Even though the price rose a bit more, the peak was made shortly after. This time I am narrowing the horizon to 5-6 years and as you see the Cycle's peak was made exactly on...
It is not rocket science. The winter is coming and we like it hot. Therefore, the NatGas price will increase once again and push to highs around $8, given the course remains above $4.825. Have hot weekend!
Expecting 2 scenarios to unfold (blue arrow, orange arrow). Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you...
NEW POSITION $UNG looking for 19.34 fro 16.78% Started a 1% position here… Looking to either sell at 19.34 Or Double my position at 14.50 Let’s go, NatGas traders… —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due...
Hello,Traders! NATURAL GAS is retesting a massvie support level Which makes me bullish And I think that we will see a rebound And a move up from this support With the modest target But the price can go higher too! Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
a 60% pattern is almost complete right now. we are looking to match with the weather report that ensure a new snowfall in coming days. GL
I am currently long for the first scenario shown. If there's a sustained break below the current low support line I will exit and look for a new long for the second scenario shown.
Formation of Lower High Morning Star Formation at Lower High In Bullish Trend in Short Time Frame Side ways in Daily Time Frame Bounced From a support zone of 5.689 So this indicate price can move upwards. Enter at Current Price i.e. 5.745 With Stop Loss of 5.688 Risk Reward Ratio 1:1.5 Good Luck :) SKILLING:NATGAS
First week of November has been the short past two years. Have been patiently watching this one and can see a H&S setting up. Major down TL on monthly ~6.5 otherwise large breakout $UNG $BOIL $KOLD #NatGas #OOTT #Commodities #Trading
$UNG - Key Levels and Analysis Would love to get one more good natty swing… Sell target 21.28 Or Double target 15.72 —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your due diligence. If you want me to analyze any stock or...
Natural Gas prices seem to take a little bit chill after a heavy bullish period. European prices, which have been pulling the market around the globe, traded lower mid-October than in early-Oct. Demand still seems to be high around the world and most storage levels are on a relatively low level. This indicates that bullish price risk is still here and Natural Gas...
i have this shit circles(H&S) on my chart since a wile, yesterday i set a sell order at 5.55, and 10 min later i canceled it because of lack of confidence. i think ti will retrace to 5.46, but at this point it's just too risky entering, the perfect entry was yesterday. will look for buy opportunities AFTER the bounce, could find floor at 4.80ish
One of the largest dividend payer on the TSX set to increase that dividend by the end of year/early 2022 They move 25% of nat gas in canada and us on top of solid portfolio of renewable assets Doesn't get more blue chip stock than this. I like to focus my portfolio on companies that are leaders in whatever field they operate in and have shown clear outperformance...
A possible scenario, to confirm need a break out of the wedge GOOD LUCK!
✅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 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
If you check my profile, you will see my views on natgas and this correction. I will buy the dip incrementally here. butt also beware about the volatility in natgas is high since consensus got hold of it after it hit 6.0. I do not have enough data to model or forecast natgas price, but following the lines from a disappointingly ending for a show. Winter is coming ...