I think we should see Natural Gas Tank from here In US NatGas supply has been declining exponentially Also technically NatGas is forming rising wedge which is the Bearish Setup
Excellent short setup on Natural Gas! Waiting for the 7.5 Level to Short! Also SUMMER is here in USA and across the Globe...
Natural Gas Short Setup in hourly time frame Fundamentally also in aligns with the technical analysis Its about time and Summer is very close.
A double top with a daily RSI divergence after a long rise continuation
As I predicted, Natural Gas perfectly bounced from a key level. Now we see an inverted head and shoulders formation with a confirmed neckline breakout on 4H. I believe that the price can reach 8.0 level soon. Be ready ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Like a geyser, NatGas is spouting upwards from the white zone between $6.255 and $6.684. We expect it to have enough drive to reach the resistance at $8.065 soon. There, it should gain some more momentum to make it into the orange zone between $8.559 and $9.241, where wave (5) in white as well as wave iii in orange should end. However, there is a 42% chance that...
This morning with my students we discussed a great buying opportunity on Natural Gas. The market dropped to key daily structure support. On that, the price formed a tiny double bottom formation on 1H time frame. Taking into consideration that the market is trading in a sharp bullish trend, it can be a very nice confirmation to buy the...
Natural Gas (NG1!) has been one of the most profitable trading assets of the year offering great returns. On a long-term scale though (1W time-frame on this chart) it has starting to form a peak pattern, which we have seen previously in the past 20 years. I've plotted the Sine Waves on the chart to more efficiently illustrate NG's long-term cycles. Currently it...
Type: Bullish Bounce Resistance: 6.607 Pivot: 6.260 Support: 6.013 Preferred case: Price is moving nearer to the pivot level. We are expecting the price to potentially bounce off from our pivot level of 6.260 in line with 61.8% Fibonacci projection and -27.2% Fibonacci expansion towards our 1st resistance level of 6.607 which is in line with 38.2% Fibonacci...
Expecting bullish price action on this pair but simply on a fundamental reason, price tapped on 7.0$ institional figure taking out some retail stops below this price area and for now we are going for the ATH - ALL TIME HIGH. What do you think ? Comment below..
Short NG here looking for $6.35 initially. Trendline has broken down and NG is massively overbought.
Fundamentals; Russian President Vladimir Putin is demanding foreign buyers pay for Russian gas in roubles from Friday or else have their supplies cut, a move European capitals rejected and which Germany said amounted to "blackmail". Putin's decree on Thursday leaves Europe facing the prospect of losing more than a third of its gas supply. Germany, the most...
Update for Natural Gas. This week the market set a new higher high higher close on a daily violating a previous high. Analyzing a monthly chart we may see a breakout attempt of 6.07 - 6.70 structure resistance cluster. Monthly candle close above that zone will confirm a breakout and may lead to a strong bullish rally. Next resistance on focus will be 9.0...
The advance in Natural Gas is completing a massive base area.
We are looking natural Gas going to weak soon... Keep on short as we mentioned zone..
Technical analysis on Natural Gas. Potential scenarios & things to watch. Structure analysis & thoughts. ❤️Please, support this video with like and comment!❤️
NG1! is testing the Tri yearly R1 pivot point. Last year the TY R2 pivot was strong resistance.
mega failed breakout, expecting a serious drop here