Europe's wholesale natural gas price (Dutch Title Transfer Facility TTF ) rose to levels not seen since the aftermath of Russia's invasion of Ukraine, bolstered by a mixture of continuing supply disruptions from Russia and soaring demand for power generation in the midst of persistent heatwaves across Europe. Gazprom ( GAZP ) announced that European gas prices...
We're looking for one final drop in natural gas prices to complete a wave C for wave 2 before we will start accumulating positions to go long for the next bull run in natural gas. There's an energy crisis that isn't going to disappear anytime soon, there's plenty of fundamental reasons for this huge move we're expecting in wave 3. But in the mean time we're short...
It has been almost 1.5 month since we last updated our Natural Gas (NG) thesis: As you see the symmetry within this long-term Bullish Megaphone worked perfectly and our sell hit the 1D MA200 (orange trend-line) - 1D MA300 (green trend-line) Support Zone and rebounded. If you took that last buy and you haven't booked profits already, it may be a good time to...
NG should find support at 7.80 - 7.85.. It is a good entry point for a counter trend rally to 9
The truth is that the energy sector has been doing really well. WTI Crude appeared to can't stop won't stop, and then Natural Gas appeared to can't stop won't stop. Now, both NG1 and WTI are going to dump as the Federal Reserve points a nuclear bomb at the so-called "inflation," which in reality are high commodities and high stock prices. Shortly it will appear...
The closer the winter, the stronger Russia leverages against Europe become. Main one being natural gas. Europe imports 90% of it's gas and Russia was importing 40% of it. Prices were much cheaper than LNG since it was transferred through pipes. Now, the biggest gas pipeline in Europe - Nord Stream is getting used by Russia as a weapon against European...
The price of natural gas has been going up and down like a roller coaster over the past month. After suffering a severe 45% drop between June 8 and early July, US Henry Hub prices have risen nearly 80% since July 7, recouping all the losses. What's going on in the natural gas market? Russia is squeezing gas supplies to Europe via the NordStream (NS1)...
Natural gas has reached a very strong peak. If you trade above it, you will continue to climb strongly if God willing, which is also a showcase area from which we must be wary and thanks.
Hello,Traders! NATURAL GAS is going up to retest The horizontal resistance level And while I am bullish biased on Gas overall A local correction from the level Is a likely outcome Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅NATGAS has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
and probably more . The monthly bull divergences hint at much higher prices on Nat Gas. We can blame Russia (and will) but the breakout and retest was in November of 2021.
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