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 $6.35 initially. Trendline has broken down and NG is massively overbought.
Fundamentals; Russian President Vladimir Putin is demanding foreign buyers pay for Russian gas in roubles from Friday or else have their supplies cut, a move European capitals rejected and which Germany said amounted to "blackmail". Putin's decree on Thursday leaves Europe facing the prospect of losing more than a third of its gas supply. Germany, the most...
Update for Natural Gas. This week the market set a new higher high higher close on a daily violating a previous high. Analyzing a monthly chart we may see a breakout attempt of 6.07 - 6.70 structure resistance cluster. Monthly candle close above that zone will confirm a breakout and may lead to a strong bullish rally. Next resistance on focus will be 9.0...
The advance in Natural Gas is completing a massive base area.
We are looking natural Gas going to weak soon... Keep on short as we mentioned zone..
Technical analysis on Natural Gas. Potential scenarios & things to watch. Structure analysis & thoughts. ❤️Please, support this video with like and comment!❤️
NG1! is testing the Tri yearly R1 pivot point. Last year the TY R2 pivot was strong resistance.
mega failed breakout, expecting a serious drop here
upside focus remains in natural gas, looking for 7$ in wave ((iii)) (wave ((iii)) = 1.618 * wave ((i))).
✅A broken key structure level Reinforces our bullish bias on NATURAL GAS And I believe the price is set to move higher To retest the target above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello, Traders! NATURAL GAS is trading in a local uptrend And our bullish bias was confirmed By the breakout of the key level Which was then retested and a move up followed Thus making me expect further bullish continuation Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Update for my yesterday's post on Natural Gas: the price retested a broken supply area and I spotted a very nice confirmation. The market broke a resistance line of a bullish flag pattern. Now you can wait for an occasional retest to buy expecting a bullish movement at least to 5.68 level. ❤️Please, support this idea with like and comment!❤️
Hey traders, After a very nice bullish accumulation, natural gas broke and closed above a strong supply area on a daily. I believe it will trigger a bullish continuation to the next resistance. Goals: 5.885 6.16 ❤️Please, support this idea with like and comment!❤️
📉 I CLOSED ALL TRADES IN PROFIT ON USGAS, we are still bullish on this asset from a fundamental/tehnical analysis context. My last target for this asset is 6.0,i think we will go there but not before price makes a retracement back into 5.0 institutional figure H4 Imbalance + bullish orderblock area. What do you think ? Do you agree on my analysis ?
NatGas seems to have ants in its pants, seeing that it has been fidgeting above the orange zone between $3.982 and $4.464 during the last weeks. As it has botched its first attempt to move upwards after finishing wave 2 in green, we expect NatGas to try for a second time. It should then rise into the green zone between $5.856 and $6.214 to complete wave 3 in...