My dear followers, I analysed this chart on NATGAS and concluded the following: The market is trading on 2.092 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2.423 Safe Stop Loss - 1.906 About Used Indicators: A super-trend indicator is plotted on either above or below...
Natural Gas is almost oversold on its 1D technical outlook (RSI = 33.738, MACD = -0.139, ADX = 32.983) right at the bottom of the three month Channel Down. Last time the 1D RSI dipped under 30.000 (oversold level), the LL was formed, the Channel Down bottomed and posted a strong December-January rally. Due to the long term bearish trend on NG, we don't expect such...
Technical Analysis: - NG is doing a bounce in wave ((1)) in black. We expect that this bounce will continue - H1 right side is turning down - H4 right side is turning up Technical Information: - If you didn't buy yet, you must wait for the wave((2)) in black to be completed in order to buy - And if you want to buy now, you need to put stop-loss around 2.43...
Hello,Traders! NATGAS made a massive Gap down but the fall Has slowed down and The price will soon reach A massive horizontal support Of 1.960$ from where I will be expecting local A bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The 218wk long term cycle suggests an upcoming top in the Gold-To-NatGas ratio which in alignment with key lows in the underlying nat gas prices. (this analysis results in long on nat gas, not gold!)
Main tops in the Gold-to-NatGas ratio indicate low in the underlying commodity and vise versa. I am sharing weekly 218wk cycle and the daily 255d cycle. Both form a cycles-within-cycles alignment in regards to time. The cycles-top in the ratio suggest an upcoming key low in the raw US gas prices. (this analysis results in long on nat gas, not gold!)
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NATGAS pair which is likely to be pushed down by the bears so we will sell! ❤️ Please, support our work with like & comment! ❤️
My dear subscribers, NATGAS looks like it will make a good move, and here are the details: The market is trading on 2.719 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2.604 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
In the wake of widespread winter weather last week, the volatile natural gas futures front month, specifically the expiring February contracts for UNG, are witnessing a robust uptick. Traders are eagerly anticipating a potentially record-breaking storage withdrawal, adding fuel to the bullish sentiment. The market's sharp rebound in early trading on Thursday...
✅NATGAS gapped down and Then went even further down So the commodity is locally Oversold and as the horizontal Support of 2.250 is ahead I will be expecting a Local bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
My dear subscribers, My technical analysis for NATGAS is below: The price is coiling around a solid key level - 2.519 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2.869 About Used Indicators: By the very nature of the supertrend...
NATGAS - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy NATGAS Entry Level - 2.519 Sl - 2.356 Tp - 2.926 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
All in the video. I'm collecting Nat gas near these levels and I explain why in the video - I hope it's helpful - good luck!
Entry Price: Enter the trade at the current market price of 2.80. Stop Loss: Place a stop-loss order at 2.69, which is slightly below the recent support level. This will limit your potential losses if the price of NG falls unexpectedly. Target Prices: Take partial profits at the first target price of 3.00 and consider trailing the stop-loss to lock in profits. The...
The US Natural Gas Fun (UNG) paces for its third-worst single-session performance in the ETF's 17-year history as of this writing. Tuesday afternoon weather model runs did the prompt-month of natural gas no favors, and the February contract has plunged all the way back under $3 after poking above $3.30 late last week. The current record-shattering polar snap will...
My dear followers, I analysed this chart on NATGAS and concluded the following: The market is trading on 3.331 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 3.061 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
Looking at the chart of NATGAS right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Natural Gas (NG1!) is having a strong bearish reversal since the January 09 High, which on this 1D time-frame can be identified as a Lower High on a 3-month Channel Down pattern. On top of that, the 1D RSI got overbought above 70.00 and is correcting. This appears to be the new Bearish Leg of the Channel Down and we expect it to last around 1 month. Our Target is...