I hope everyone takes advantage of this increase. we traced a bearish channel a few days ago, so and as you see on the 45min graph as soon as it breaks; there was a strong impulse
To evaluate the trend of Natural Gas we must take into account 2 factors: 1) The international macro political scenarios: Russia, which is the world's leading producer, will export less to its main customer the European Union. Winter in Europe is upon us and there is a serious risk of an energy blockade, Europe will find GAS but the cost from September onwards...
Henry Hub ( US natural gas ) prices have fallen 25% from their peak of $9.64 per million British thermal units (MMBtu) hit in June, as the fire at Freeport LNG’s natural gas liquefaction plant reduced U.S. export capacity by an estimated 2.0 billion cubic feet per day (Bcf/d) or approximately 15% of annual volumes. The major driver behind the spectacular rise in...
Natural gas in full out bull mode. Falling wedge yes. Inverse head and shoulders REVERSAL PATTERN yes. Target is shown easy to follow trade
SELL NG cmp 530 more add 550 sl 580 tgt 389-340 sooon
Natural Gas is a very important energy nowadays especiall in EU zone, Germany fears coming winter as Ngas supply is so tight because of Russia-Ukraine & Russia-Nato conflict. Most of Europe countries can't survive winter without Ngas which makes it very demanded, NG price is expected to skyrocket starting from now as you can see in the chart, we just flipped...
Looking at my NG chart we see the broken structure of a falling wedge. This gives the indication of a bullish run. As we can see price did exactly that and bulls broke out of the structure. Targets havent been met by a long shot. We are correcting at the moment and finding our support before going up. Nice trade if we find support at the 5.950 level
Hello,Traders! NATGAS is trading in a downtrend But we are seeing the pair retest A strong horizontal support And given that the pair is oversold We are bound to see some correction Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
the natural gas we are facing a new up trend, WE HAVE A STRONG PROBABILITY
US NATURAL GAS prices plunged by 13% to $5.5/MMBtu, the lowest level since March, as a result of investors' unfavourable reactions to recent EIA data that revealed a larger-than-expected storage build. Last week, utilities in the United States added 82 billion cubic feet (bcf) of gas to storage, well beyond analysts' projections of 74 bcf. NATURAL GAS ...
Hello,Traders! NATGAS is now retesting a key horizontal level And despite the fact that it is on the very edge I think we still might see the local bullish correction Because the level is strong and it was not yet broken Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
✅NATURAL GAS has been falling recently And the pair seems locally oversold So as the pair is approaching a horizontal support Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Multiple time frame analysis on Natural gas. Price action, structure & key levels. Your detailed trading plan. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
NG is oversold and now setting at a good support zone! price action looks exhausting with weak selling pressure, now preparing for a bounce back up! Always bullish on energies in this global economic crisis.
Natural Gas futures have retraced the 2022 bull trend to a 50% Retracement Level at 6.60. Price needs to hold this level or else it risks giving up the 2022 trend. This trade was prompted by a 30 minute timeframe Spike Alert this morning that pegged the broader trend level and sets up a low risk test. Stop alert below the morning low and an initial target a...
✅NG1! broke the key structure level While trading in an local downtrend Which makes me bearish And I think that after the retest of the broken level is complete A rebound and bearish continuation will follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Natural Gas (NG1!) broke below its 1D MA50 (blue trend-line) last week for the first time since February 11 and upon the first re-test as a Resistance, it got rejected. This indicates strong sell bias on the medium-term. The likely target is the zone within the 1D MA200 (orange trend-line) and the 1D MA300 (green trend-line) or when the 1D RSI turns...
after the strong impulse of a large candle and the breakout of the vwap and the large volume which indicates the start of the uptrend, we can take the buy position