This is a continuation of my 2020 bull rally theory, finding the best way of capitalizing on the potential opportunity in front of us is the next step. UGAZ did not perform well long term during the bull rallies of 2012 and 2016, substantial gains were seen initially but the decay and volatility prevent this product from having long term gains. After the initial...
Gap could be filled in few days, please watch out the descending trend line.
1.753 set on Feb. 11 is probably a major long-term bottom. Historically, #natgas has tended to bottom out in the week ending Feb. 21 bluegoldresearch.com
Use this as a guide to develop your view on the Chart. Main Items we can see on the 4hs Chart: a)After the breakout of the Massive corrective structure, we saw the beginning of a new bearish motive wave b)Our main target for the end of the bearish trend is the Daily Support zone at 1.650 c)The main structure for the down move is a descending channel, is very...
Natural gas is setting up as a long, with positive divergence on weekly chart. Will look for higher prices.
The NG 4 hr. chart is sporting a major squeeze set-up. Should play out shortly.
Chart reflects a symmetrical triangle reversal pattern. Long-term general outlook - natural gas up, gold down.
Bear in mind that this is subjective. The chart is an attempt to identify a peak/trough cycle and highlight where price is currently.
Second Analysis on NG, Last target was too optimist and took some breathing, loooking for a small push
Short term move to the upside for ugaz. Then i expect a big drop. will post once we need completion.
Just looking for a bounce around 2.28 on Jan contract. read about at ngetf.com This is my first post and I need to get in the kitchen and cook some bacon and eggs. so long
Use this as a guide to develop your view: Main items we can observe on the 4HS chart: a)Price has broken the primary structure (yellow lines) with a bearish movement b)The price found support on the 2.20 level c)We Expect an ABC formation with a pullback to the broken structure d)If the ABC formation happens, we forecast a continuation of the bearish movement...
Colder and more snow than normal in the areas that drive demand, but is that enough to eat the surplus? Daily Support is holding @19.21, 9cent's below the daily setup trend @19.30 Weekly mostly negative to neutral Monthly Patterns Inverted Hammer on an 8 downtrend = Bullish in a downtrend Star Doji = Bullish in a downtrend Gravestone Doji = Bullish in a...
My intention was to analyze the NG exchange rate. Even so, I still chose his ETF. The fractal motion is much more visible in this. That is why I would like to present this. It is clear from the movement of the exchange rate that Friday's big fall (7%) was an expected process. The figure clearly shows that a fractal sequence has been completed. It is also clear...
Price just broke out of our inverted head and shoulder neckline. We are expecting price to have a minor retest before rocketing to the upside. We may find our first level of resistance @ ~2.45. We are targeting the upper 2.60's. For entries, we will be waiting on lower time frames for a retest of neckline before going long.
perfect head and shoulders with a tiny shoulder. he needs to work out both arms scared money dont make money
Use this as a guide to develop your own setup Main items we can see on the 4hs chart: a)The price is against a Weekly resistance zone b)We saw a clear rejection of that level c)On MACD we can see a bearish Divergence showing the weakness of the current bullish movement d)The current ascending trendline was broken e)We will wait for an ABC pattern o something...