- Natural gas stock negated that hourly downtrend and bulls played defense - natural gas natgas stock bounced off of strong support and now we have just have to break prior 2.8 high to continue the daily uptrend towards 3 - Gold & Silver Stock Falling Wedge Guide.
- Natural Gas stock slight red flag today - Natural Gas NatGas bull break above resistance today with no bull follow through and came below the resistance. - Gold & Silver Stock Falling Wedge Guide. - Silver is outperforming Gold and if silver weakens more Gold would likely break bearish through the falling wedge. - QQQ needs to confirm a hourly downtrend before...
Here is our detailed technical review for NG1!. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2.779. Considering the today's price action, probabilities will be high to see a movement to 2.867. P.S Overbought describes a period of time where there has been...
Hello,Traders! NATGAS broke the key Horizontal level of 2.679 And the breakout is Confirmed which reinforces Our bullish bias on NATGAS And makes us expect Further growth Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear followers , I analysed this chart on NG1!, and concluded the following: The instrument tests an important psychological level 2.731 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Target - 2.857 Safe Stop Loss - 2.661 About Used...
✅NATGAS keeps growing And the price broke the Key horizontal level of 2.674 Which is now a support so After the pullback and retest I will be expecting a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
- Natural Gas Weekly uptrend confirmed for the very first time since Aug 2022 - also confirmed a daily uptrend - Structure of the chart is looking better for the bulls compare to the last couple months.
Natural Gas got supported on the 4H MA50 yesterday but the rebound seems to be running out of steam. The R1 at 2.697 is so far a Double Top and as the 4H RSI is forming the same bearish pattern as in late May while the 1D technicals are losing strength (RSI = 59.608, MACD = 0.079, ADX = 32.120), we are shorting NG targeting the HL trendline (TP = 2.300). ## If...
Hello,Traders! NATGAS was trading in an Uptrend but then hit a strong Horizontal resistance of 2.683$ While trading in a bearish wedge Pattern from where the Price made a nice bearish Breakout so I think that Natgas will go down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
- Natural Gas confirm its daily uptrend - broke bullish out of the equilibrium wedge that has been chopping around for months. - Ideally for bulls we re-test the wedge and bounce off of it - for bears they would want it to break back into it
Natural gas has been moving within a range, and currently, we are at the lower part of the range. We are patiently waiting for a shift in market structure (creating a HH). This would indicate a potential upward movement within the range. Entry Point: We plan to enter a trade on a pullback (LH) utilizing the (weekly FVG) with the trendline acting as a...
Natural Gas has followed my previous outlook by posting what seems to be a simple zigzag with ending diagonal in its final stages. From here we can expect a new wave up. Alternatively this correction can be complicated into ABC flat or WXY double zigzag. But tradingwise there is no reason to expect such further complication at this moment. I also expect oil...
- UNG falling wedge still intact, - NATGAS potential daily downtrend forming we have to see if bulls can play defense and negate that bear flag. - hourly trend will be my guide, if need bulls to form hourly uptrend before anything.
I believe the leading diagonal wave (a) has ended, and we are now in wave (b), which can take various forms (including the possibility that it has already ended). I suggested a few possible paths. Once there is a pattern or a mature wave count in wave (b), I can make an assumption when exactly the next leg up will occur.
A quick update here. ✔️ More faith in the upward trend. 🌫️ The near-term forecast for the next few days is a bit uncertain since there are various ways to read the expanding diagonal.
Natural Gas (NG1!) is trading inside a Bullish Megaphone that has just priced its new Higher Low. The price is above the 1D MA50 (blue trend-line) and has started the new leg to a Higher High. Before that however, it has several Resistance levels to overcome, namely the 2.690 Resistance and before that the Lower Highs trend-line. As a result we are buyers but set...
Natural gas has been basing for a few months now in what has become a very recognizable Wyckoff accumulation pattern. Complete with high volume on the start to low volume towards the end. Breakouts occur on LOW VOLUME in accumulation phases so don't look for volume to give a clue. Just like the AMEX:SPY and NASDAQ:QQQ markets did at the October bottoms. ...