I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
Natural Gas is still on an up-trend and still going strong. "The prevailing trend is in existence until it is proved to have been reversed." ---> this is a very important concept that most traders tend to disregard. - At this moment NGAS still looks bullish, so every time a buying opportunity presents itself I will take it, but, I will only take short-term...
Natural gas mcx looking like fifth wave has been started, Looks Bullish, one can go Long above 220 levels, All the key levels are mentioned in chart with Stop-loss and Targets. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
There are lots of corrections currently in NGAS, but this is nothing new, this is quite common in NGAS. 2 big corrections in a row often happens. - Right now we have an impulse, and a 3-wave corrective structure, the up-move is in play and a high probability play. I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or...
I meant to write that it's -------- a Running Flat ------------ I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
For now, it looks like the bigger picture is climbing steadily towards previous highs. On lower timeframes there have been lots of good buy-setups, we're in the middle of the structure now, so being patient and waiting for good quality R/R buy-setups is a good idea. The volume on the monthly has been declining as well because we have been correcting. A spike in...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
NATURAL GAS - Buy Entry - H4 Chart One to Watch 👍 Will need a confirmation candle off the Yearly Pivot Point Recommended Risk - Stop Loss @ 0.5% to 1% of your Account Balance Please support the idea with a Like 👍 Follow me to receive updates of this analysis, plus new ideas ✅ Thank you for your support 😊 Wishing you successful trading...
Hi. In this chart I've plotted one resistance line and one support line, both quite short term. With these two I've also plotted two more long term zones: One wide diagonal support zone that has played out since April 2020. Its very strong and if broken could be a strong indicator of a trend turn. One tall resistance zone that while not very strong could still...
daily chart on natural gas long idea
Price is moving inside a Falling wedge, generally we will buy after a breakout of the falling wedge
Going in into 2 CURRENCYCOM:NATURALGAS 021 we could potentially see the price of natural gas head into $3.00 and beyond in the first quarter of next year.
Natural gas markets have turned around after initially falling during the trading session on Tuesday to reach down towards the $2600 level. Ultimately, the 50 day EMA above will be tested as resistance, but I suspect that the real target will be closer to the $3000 level. CAPITALCOM:NATURALGAS
Natural Gas Correction Upside Move Expected Range 195 - 200
📍 Natural Gas The proud floor - such is the name sometimes given to support - is a useful weapon in the hand of buyers. And yet for a time, I toyed with the idea - a seasonality one, I must admit. We cannot simply dismiss the deep examination; namely the elements and the strategies involved in trapping our opponent. For example, the fake breakdown and slingshot...