The Natgas bottom looks very close. It looks to be forming a broadening bottom. A marginal new high, a small pullback , then take off.
- AMEX:NG AMEX:UNG AMEX:BOIL needs that 4 hours trend change otherwise even the big moves will essentially just fade - still a potential weekly bear flag - but still holding bottom wedge support and also double bottom on daily.
Crude Oil (WTI) & Natural Gas have been in an uptrend. Reversal Patterns are present, and BIG bearish moves are around the corner. Technical Analysis: - WTI: Ascending Channel Breach - Natural Gas: Ending Diagonal
NG, is undergoing significant accumulation at the current levels. It revisited strong order block / support at 1.9 level and it touched this multiple times. It retested it and bounce back-- only to return to it multiple times. Let's see if it can finally muster strength to reverse from this level. Spotted at 2.10 TAYOR.
Hi every one Naturalgas trend change leval 150 to 155
Similar pattern. Short view for the end of this week. I am waiting for 1,8 to buy natgas again.
Hello,Traders! NATGAS went down again And is retesting the horizontal Support level of 2.00$ again So while the bias is somewhat Bearish I think that due to the Strength of the level we can Count on one more rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
- AMEX:NG AMEX:UNG AMEX:BOIL cant stress enough we need to change trends, even if it is a very big move it will just fade if no trends are changed - need to change the 4h and daily trend to the bulls - likely tightening up in a equilibrium into May, still holding the teal support line.
My dear friends , This is my opinion on the NG1! next move: The asset is approaching an important pivot point 2.186 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.439 Safe Stop Loss - 2.050 About Used Indicators: Super-trend...
✅NATGAS was trading in a Downtrend but then the pair hit The support level of 2$ and Formed a parallel range So IF we see a bullish Breakout from the range I think we will see further growth LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Natural gas is trading bearish for the last couple of months, but we see it in a larger (A)-(B)-(C) corrective decline that can be slowly coming to an end. We are actually tracking final wave 5 of (C), which should be completed by a five-wave cycle of the lower degree. Natural gas is currently in an intraday consolidation within downtrend, ideally in subwave "iv"...
My dear friends , NG1! looks like it will make a good move, and here are the details: The instrument tests an important psychological level 2.035 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.507 About Used Indicators: For more...
Nat Gas is probably THE most hated commodity now. Its reached MAJOR Horizontal Support, and 2 CONVERGING Trendline supports. ALL 3 are Converging at $2 level. Expect a bounce to 1st Target at recent highs $3 with Ultimate Target price at upper end of falling trend channel ~$3.55. Historical average Price of Nat Gas is $4 since 1990 with $1.62 - $2.00 range...
Breakout retest needs to hold the last low Close above 6 is better In price 6.04 SL 5.4 TG on the graph Will hold for a while
Natgas should continue bearish trend, bull pressure is temporary. I will start selling from 2,25-2,4 ( SL above 2,5 and TP 1,6).
Multiple time frame analysis on Natural Gas. Detailed trading plan. Potential scenarios. ❤️Please, support this video with like and comment!❤️
Hello,Friends! We are going short on the NG1! with the target of 13083.50 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Our priority scenario in NG is a pullback of the price in wave 4 to $3.5. A slight decline before the rise is possible, but not below $1.423. Resistance at Friday's high of 2.24 should (ideally) remain unchanged until wave B is considered complete.