Natgasforcast

NATGAS is Bearish: A Consolidation Phase Could be Ahead FenzoFx—NATGAS dipped below $3.43 support on April 14, trading at approximately $3.22. The Stochastic Oscillator exited oversold territory, signaling possible consolidation before a downtrend resumes. Bearish trends persist below $3.66, with potential price dips toward $3.08. >>> No Deposit Bonus >>> %100 Deposit Bonus >>> Forex Analysis Contest All at F enzo F x Decentralized Forex Broker

NATGAS Found Support at $3.43: Next Target Could be $3.084 FenzoFx—NATGAS failed to stabilize below the $3.43 support, resulted in the prices to bounce. As of this writing, Natural Gas trades slighlty above the support. From a technical perspective. The recent bounce in the price couldn't form a new higher high. Therefore, it is expected for the prices to fall. But, bears must close and stabilize below the $3.43 support for the downtrend to resume. >>> Win $160.0 weekly by participating FenzoFx Forex Contest for free.

Gas Prices Catch Fire: 25-Month High Reached Amid Winter's Fury Natural gas futures have reached a 25-month high, marking a significant price increase. This surge is attributed to two primary factors: 1. Cold Weather: Unusually cold temperatures in key regions have increased demand for natural gas, as it is a primary source of heating. 2. Supply Disruptions: Issues in natural gas production or distribution have tightened supply, further driving up prices. ◉ Technical Observations ● After breaking out of the Inverted Head & Shoulders pattern, the pric

by NaranjCapital

Turbulent Times Ahead for Natural Gas Market Natural gas prices began the week with a gap-up, driven by forecasts of colder weather increasing demand, but have since faced strong selling pressure, making traders cautious. ◉ Technical Analysis ● A bullish turnaround seems imminent for Natural Gas prices, highlighted by the appearance of an Inverted Head & Shoulder pattern on the daily chart. ● After breaking out, the price momentarily reached the $3.290 resistance level before retreating and revisiting the breakout point. ● The price is

by NaranjCapital

Possible scenario to NATGAS Natgas has been in a downward trend for more than a month. I expect it to reach the support level shown in the picture for a third time. If this happens, the exchange rate will rise significantly again.

NATGAS LONG TERM TRADEBUYING 19 minutes ago Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD 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 Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts

by ForexPlanet20

NatGas - Massacre I don't have a working cycle count in NatGas right now as I haven't traded it since it topped earlier last year. This is a falling knife. 2 days ago we lost 3.300. That was the 2021.02.18 top and the Fibonacci 78,6% retracement level. As we broke below that level I see nothing until 2.442 and 2.267. If anyone wants to long this needs to wait at least a reversal candlestick pattern but I wouldn't try any long position before price drops between 2.442 and 2.267.

by chartwatchers

NatGas: Caffeine Overdose ☕️🔋Looks like somebody overindulged on caffeine yesterday since NatGas jumped quite high to complete wave a in pink. We're currently expecting the course to drop back below the resistance line at $7.221 to finish off wave b in pink, before starting another climb above this mark. As soon as NatGas has crossed $7.221, it should rise further to complete wave (B) in white near the resistance at $9.238. A 33% chance remains, though, that NatGas could continue the downwards movement and fall below the su

NatGas: Athletic 👟💪🎾NatGas has been indulging in athletic activities – quite in accordance with its temperament. Since the end of wave ii in pink, NatGas has been exercising on the stairwalker, has been playing squash in the green trend channel and has been doing some aerobic. Next, it should proceed with trampolining on the blue zone between $5.554 and $4.684 to finish wave iii and iv in pink and then drop onto the pink mattress between $5.156 and $4.455 to complete wave v in pink, which also includes concluding t

NatGas: Chin the Bar! 💪NatGas is showing its sporty side and is chinning the bar at the resistance at $8.403. Soon, it should be warmed up enough to vault into the turquoise zone between $8.544 and $9.307, where it should then finish wave (iv) in turquoise. Afterwards, NatGas should jump below the support at $7.532 to complete wave (v) in turquoise as well as wave (2) in white before moving southwards again. Alternatively, there is a 28% chance that NatGas could do a somersault directly above the resistance at $10.028

NatGas: Energizer Bunny 🐰🔋🔋A certain fondness for pink is not the only thing, NatGas and the marketing mascot have in common. Both, NatGas and the mechanical toy rabbit, are also full of energy. NatGas has steadily been climbing upwards from the pink zone between $7.435 and $8.320 and has already finished wave (i) as well as wave (ii) in turquoise. Now, we expect it to rise above the resistance at $9.600, heading for the turquoise zone between $10.796 and $11.327 to complete wave (iii) in turquoise. There remains a 35% ch

NatGas: Pretty in Pink NatGas would look really pretty in pink, wouldn’t it? Therefore, it should proceed to move downwards to complete wave ii in pink in the upper pink zone between $6.055 and $5.325. Afterwards, it should turn around and climb upwards, crossing the resistance at $6.786 and heading for the next one at $8.118. There is a 33% chance, though, that NatGas could acquire taste for more pink, drop below the support at $5.325 and into the lower pink zone between $4.835 and $4.205.

NatGas: Low It hit the floor (it hit the floor) Next thing you know NatGas got low, low, low, low, low, low, low, low Okay, these aren’t exactly the lyrics of Flo Rida’s “Low”, but they are fitting, nonetheless, for we expect NatGas to move further downwards below the support at $7.524. Just before the next support at $6.466, though, NatGas should turn around and head upwards, crossing $7.524 and even the resistance at $9.60. However, there is a 38% chance that NatGas doesn’t listen to Flo Rida’s song. In

NatGas: Geyser Like a geyser, NatGas is spouting upwards from the white zone between $6.255 and $6.684. We expect it to have enough drive to reach the resistance at $8.065 soon. There, it should gain some more momentum to make it into the orange zone between $8.559 and $9.241, where wave (5) in white as well as wave iii in orange should end. However, there is a 42% chance that NatGas could rebound off the line at $8.065 and subsequently drop below $6.466. In that case, it should fall into the green zone betwee

NatGas: Like a Balloon🎈Like a balloon, NatGas is floating further and further upwards from the support at $3.536. Although every now and then, there may be some gusts of wind temporarily disrupting the upwards surge, we expect that NatGas’s general tendency is to rise higher. However, as it is usually the case with balloons, they can lose air or burst. Accordingly, there is still a 45% chance that NatGas could fall below $3.536 and make a detour through the magenta zone between $3.360 and $1.994 before flying upwards

NatGas: Ants in Its Pants 🐜🐜🐜NatGas seems to have ants in its pants, seeing that it has been fidgeting above the orange zone between $3.982 and $4.464 during the last weeks. As it has botched its first attempt to move upwards after finishing wave 2 in green, we expect NatGas to try for a second time. It should then rise into the green zone between $5.856 and $6.214 to complete wave 3 in green. After a moderate correction in wave 4 in green, NatGas should resume the ascent and climb above the resistance at $6.466. If its ant

NatGas: Itsy Bitsy Spider 🕷The itsy bitsy spider climbed up the waterspout. Down came the rain And washed the spider out. Out came the sun And dried up all the rain And the itsy bitsy spider climbed up the spout again. Everybody knows this nursery rhyme, but for us, the lyrics go like this: Itsy bitsy NatGas climbed up to the green span Down came the rain And with it NatGas ran. Out came the sun And dried up all the rain And itsy bitsy NatGas started to climb again. Or in other words: NatGas has risen up to the bottom

NatGas: Drama Queen 👑 NatGas is a legit little drama queen these days. Since last week, it has completed wave 2 in green at about $4.049 and has not looked back so far. With several dramatic boosts, it surged upwards and breached the resistance line at $4.825 to finish wave 3 in green. After this exhausting exertion, it put its delicate hand on its forehead, sighing: “I need to recline for a bit…”. This breather led to a descent back below $4.825, but also to a fast recovery. With more dramatic flourishes, NatGas ros

Short on break Short on break - 1H close below trendline Price Targets 3.980 - previous gap fill zone 3.536 - to reach this point is very optimistic lol Alternatively, we can look for a bounce from trendline, same as what was posted in the IDEAS section Prices and trendline drawn based on Natural Gas Continuous Futures listed on NYMEX, prices may differ from your broker

Gas Long Setup GAS Long Setup 🔵 Entry Level: $5.673 🟢 Take Profit: $6.094 ⛔ Stop Loss: $5.441 Reasons: - So far the price is respecting the ascending channel; - I believe the price may bounce off the lower trendline in the area between $5.535 and $5.670. Game Plan: If the price goes through the lower trendline (yellow), which at the moment acts as a support level, then I will be looking to open a short position on a retracement unless the 2nd trendline (white) acts as another support level.

Target hit, from 1.5 to 4.5!!I posted several calls from June 2020. NG is super bullish and will breakout from the multi year channel soon to target ~8$ Now we go down in a large correction and sideways movement until November. Bears are coming.. temporarily.

Gas Long Setup Gas Long Setup 🔵 Entry: $2.740 🟢 TP & RR: $2.890 (2.14) ⛔ Stop Loss: $2.670 Trade Reasons: ✔️ Oversold Level Market Flow ✔️ Diagonal Trend Line Support

Gas Long Setup Gas Long Setup (refer to the setup marked with "2") 🔵 Entry: $2.704 🟢 TP & RR: $2.898 (3.4) ⛔ Stop Loss: $2.647 Trade Reasons: ✔️ Support level ✔️ Close to the 0.618 Fib retracement ✔️ Diagonal trend line within ascending channel 📝 A few things to note here: 1. Seeing how price action develops, you may close the trade setup suggested yesterday (marked as 1). You should end up with a tiny profit or break even (depending on the comission you pay). The current candle formation does not look p

Gas Long Setup Gas Long Setup 🔵 Entry: $2.81 🟢 TP & RR: $3.04 (1.71) ⛔ Stop Loss: $2.67 Trade Reasons: ✔️ Reaching lower trend line ✔️ Reaching support level ✔️ Market Flow indicator printing small divergences in the oversold area 📝 Not a great RRR, but the SL is positioned at a very safe level below the diagonal trendline and the recent lowest low. If price bounces off that level I will be quick to trial the SL so that I minimize exposure and lock in some profits.