Natural Gas could continue in this bullish channel however, I would like to see it pull back into this support level before going long again. You need to remember Natural Gas is a seasonal commodity and generally around winter time is when it will be utilized to combine that with another potential lockdown here in the UK could see people stuck indoors for longer...
If you followed my calls for NG im sure you have triple your investment now. As an update I believe NG will go into consolidation (bull flag) for the next take off above 3$.
Please share with me your thoughts, kind regards
Recovery trend on NAT GAS - Coffe time at low 2.40 2.70 recovery trend.
Natgas is about the finish its correction Gaz duzeltmesini bitirmek uzere
NATGAS BUY TP_2.773__25.87%_0.570pips_SL_2.098_4.77%_0.105pips
The market has been on the lows for a long time and could never break the weekly support. After a break on the daily discending channel price has moved in a higher low higher high pattern and now testing the resistance structure. If the daily candle will manage to break and close above the structure we can set a nice long order according with our strategy. ...
Just a thought here let me know. History repeating itself with the regression playing out
After that last dump the other week, NATGAS is showing signs of increased bullishness, with drops bought back up quickly, but the future issues of storage keeping a lid on rallies. Looking ahead, November contracts are still comfortably above $2 (~$2.30) though the issues to watch is the shoulder season after summer. For the moment, staying long, however as we...
It is coming out of long downtrend. Here is a possible long set up.
Wacht for triangle break out up or down -> targets clear
NATGAS is setting the stage for a potential double bottom. Price is currently resting at previous low, and has also tapped a multi year trendline.
There is a high probability that Nat Gas will trade in this range over the next two weeks. What are your thoughts??
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
$NATGAS Short Entry 13:59:12 (UTC) Wed May 13, 2020
A nice and clean channel on natural gas. Of course we need to await opening before we (can trade, duh) get confirmation. Breaking the channel would be bearish. At the moment we are hoovering around the 1.75 level that has been a well-battled level over the last two months. You see a lot of noise around there. Await confirmation by seeing gas finding support and...
We are looking for the best entry, and this entry is not too far! we need to be focused in the next retest in the SHS and also in the ascendent triangle, 1.82 could be a good zone to enter in this value with a buy limit or set an alarm to see the best moment to the entry. Have a nice day traders! give a LIKE and follow me for more analysis and entries!
Clear divergence in Natural Gas 4hrs chart , Trump tweet , Putin Saudi handshake to end Oil war may give a Quick reversal here.. Happy Trading.