NATTY is extremely overextended and finds itself on the 0.5 Fib retracement after accumulating a substantial bearish divergence on the 4hr.
After breaking out of the cup & handle, it has yet retested those areas which it will IMHO.
NATTY often peaks in the middle of May which is often followed my strong consolidation into May, before it really gets going in June/July.
✅NATGAS made a massive
Gap up from the support
But after the gap the price
Immediately hit a horizontal
Resistance level of 2.00$
From where we are already
Seeing a bearish reaction
And I think that we will see
A further move down next week
SHORT🔥
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Hello,Traders!
NATGAS has retested a massive
Horizontal support level of 1.450$
And already made a rebound
So we will be expecting a
Further move up
Buy!
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Hello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS 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...
The most important thing on the chart is the steep rejection trend that is also trending upwards. It is leading into another rejection trend, which should see some resistance, but with a potential move along the steep trend into the rejection and finally into a breakout, we could see the price around 118. There is potential to keep climbing from this point, and...
We are currently hitting 50WMA and 200DMA.The price is located from the zone I set -78%(from this chart) from ATH. Of course if 1.7 is still in circulation.
All this requires the weekly candlestick to close above to receive one of the confirmations for further growth.
Of course if 1.7 is still in circulation.
Below you can see the analysis since September
Hello,Traders!
NATGAS went up from the
Local lows but will soon
Retest the falling resistance
Line from where I think
We are likely to see
A bearish move down
Sell!
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NATURAL GAS - NEW LOWS?
Nat Gas, rejected 2x the resistance line and printed in top a falling star candle , next candle printetd a new low and for now im not looking to buy it , just wait to enter on a better price
Hi!
NATGAS is pretty bearish, reading about a warm December, at least in the US, and overproduction. (reading headlines at naturalgasintel.com).
So, I'm expecting price to break down at the test of this trendline, which could be a good opportunity to SHORT on this one.
Have a great week ahead, and please comment if you have something good to add.
Best...
The recent surge of warm fronds impacting the United States, the largest consumer of natural gas, shows no signs of dissipating soon, exerting significant pressure on its market. This has led to a substantial decline in the price of the gas, plummeting for eight consecutive days from 2.841 to 2.375, marking a staggering drop of over 16%.
Technical indicators are...
Natural Gas has recorded a negative bearish divergence on the 4hr which I believe is the sign of a correction to retest the green base below.
It had fired on all of it's cylinders yesterday which I believe was a dead cat bounce removing as many short sellers as possible.
Shorting this time of year usually means commission from your broker - mine is offering 3%...
Natural Gas remains in a downward trend, we are getting closer to winter, and demand will increase.
Why doesn't the price increase more?
Or...why doesn't the price increase according to your expectations?
Simple..
The story of the war has calmed down and the FUD on prices has decreased and in addition to that, the main factor is that in several countries in...
The ongoing conflict in the Middle East involving Israel, Hamas, and Iran, is having a potential impact on global energy markets. The conflict is complex, with deep-rooted historical and political dimensions, and has the potential to escalate, affecting regional stability. Geopolitical tensions in oil-producing regions can disrupt global energy markets, leading to...
Interesting development reaction from the top arc over the past 6 months and I'll be taking a punt myself on this one, especially since most brokers are paying out for traders to sell $NATGAS. My broker is paying out c3% and I wouldn't mind a piece of that.
SL is tight with a huge potential gain of 5.7/1 .
The most recent corrections from the top of the arc...
Is natural gas a good stock to buy?
When investing in natural gas stocks, it is important to look for companies with good financial stability, and a strong history of profitability. Natural gas stocks can be a good investment for stock market investors. This is because natural gas prices are expected to continue to rise in the future.
