How far are we away from monthly: SMA 36 Mom 12 It looks like might really be ready for bounce - catching the falling knive?
No clear bottom just yet. MacD on the monthly and Stoch RSI are not giving any signals. The Moving averages are also still trying to catch up to the downside.
✅NATGAS will soon retest The falling resistance of the Narrowing wedge from where I think it will fall down Towards the rising trendline below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Traders, Natural gas has created several bullish breakouts over the past weeks but failed to push higher. Now as we are reaching the end of the wedge pattern, a breakout is imminent. This can create a W pattern which in turn can push the prices higher. Please support this analysis by liking and sharing. 👍🙂 Rules: 1. Never trade too much 2. Never trade without a...
- AMEX:UNG AMEX:BOIL PEPPERSTONE:NATGAS Natural Gas clear falling Wedge - Daily uptrend confirmed without much follow through at the moment - bulls would like us to hold prior pivot lows and bonce off next week
Please, check our technical outlook for NG1!? Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2.279. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.146 level. P.S We...
Hello,Traders! NATGAS is trading in a Narrowing wedge which But the long-term bias Is bearish so as the price Is about to retest the Falling resistance of the Wedge I think that we will See a move down To retest the rising support Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
NATGAS weekly data is conveying massive accumulation at the current price range of 2.0 to 2.2. Target by Winter/December will be a 6.0-8.0 price range. TAYOR.
Natural gas made a stunning rally to an all-time high, only to come crashing back down again. It's been a while since we last covered natural gas, so let's take a look at what's happened since then. The previous technical & seasonality setup played out perfectly with the RSI bouncing off the low and the rally into the winter season, hitting our profit...
Who says you can't chart 3X leverage? Got a nice down channel here and about to hit the bottom of the channel. 4.20 at the end of next week would be a nice price. That would be over a 96% drop from the top. Interestingly, the previous peaks in Nov 2018 and Feb 2014 dropped just over 96% before touching the channel bottom. Could overshoot below since it...
Hello,Traders! NATGAS is nearby the Horizontal support of 2.00$ So despite the downtrend I think that a good rebound Is possible on GAS Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
- AMEX:UNG AMEX:BOIL VANTAGE:NG Still trading within my falling wedge pattern is getting tight so likely breaking soon - Bounced off of quadrupole support Friday - couple of resistance level right above us may test the upper falling wedge resistance next week
Here is our detailed technical review for NG1!. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2.113. Considering the today's price action, probabilities will be high to see a movement to 2.286. P.S Overbought describes a period of time where there has been...
✅NATGAS has retested a key support level of 2.00$ And as the pair is already making a bullish rebound A move up to retest the supply level above at 2.28$ is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅
My dear subscribers , I analysed this chart on NG1!, and concluded the following: The instrument tests an important psychological level 2.160 Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Goal - 2.287 About Used Indicators: A super-trend indicator is plotted on either above or below the...
NG1! - Classic bullish setup - Our team expects growth SUGGESTED TRADE: Swing Trade Long NG1! Entry - 2.200 Sl - 2.027 Tp - 2.460 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
Natural Gas up 2% today holding Monthly support AMEX:UNG
Natural Gas hit the S1 Zone today (2.100 - 2.060), which started forming on February 22nd. This support has held another 8 times and with the 1D time frame neutral technically (RSI = 45.392, MACD = -0.046, ADX = 18.986), we are making a buy call targeting the 0.382 (TP = 2.440). In addition, the 1D RSI is bouncing off the HL trendline. In the event however that...