NG is moving in a parallel range, tried to break, but looks like it was a fake breakout. Again inside the channel, can sell and aim for 2.771 levels, as also that region has a gap which needs to be filled.
Natural Gas is trading inside a Channel Up since the April 14th Low. Despite forming a Golden Cross on the (1d) time frame last Thursday, we have a short term sell signal as the price reached the top of the Channel Up. Trading Plan: 1. Sell on the current market price. Targets: 1. 2.950 (expected contact with the MA50 1d). Tips: 1. The RSI (1d) is highly...
Hi everyone It seems that we have to wait for an increase in gas prices in the coming months. If there are no special problems, I think we can predict the price of 3.6 dollars for gas. Do you agree with my opinion? Please support me with likes and comments.
Natural Gas - Elliott Wave Count Natural Gas - On the 1hr chart, NG displays a clear impulse Wave formation, indicating that the market is likely to continue the bull run to the 300 range after the minor correction(may drop to the 260 range for the short term) and then we can expect significant correction toward the 180 range. Please note that this information...
Natural Gas - Elliott Wave Count Natural Gas - On the Daily charts, NG displays a clear impulse Wave formation, indicating that the market is likely to continue the bull run to the 300 range after the minor correction(may drop to the 250 range for the short term) and then we can expect significant correction toward the 162 range. Please note that this...
Technical Analysis: Now it seems to make a wave (2) in blue and after it is complete we expect a bonce Don't sell NG now and prepare to buy when II in red is finished. H1 right side is turning up H4 right side is turning down
Looking at the chart of NG1! 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! ❤️
My dear subscribers, My technical analysis for NG1! is below: The price is coiling around a solid key level - 3.330 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 3.020 About Used Indicators: By the very nature of the supertrend...
Natural Gas - Elliott Wave Count On the Daily charts, NG displays a clear Triangle Wave formation, indicating that the market is likely to undergo a significant correction toward the 162 range. It is advisable to exercise caution when considering long positions. However, if the market breaks above 272, this view would be deemed invalid. Please note that this...
On October 4, 2023, the OPEC+ ministerial panel did not make any changes to the group's oil production policy after Russia and Saudi Arabia announced continued voluntary supply cuts to support the price of black gold. However, Brent and WTI crude futures have fallen more than 13% over the past week on concerns that central banks could raise interest rates again...
Hello,Traders! NATGAS was trading around The very bottom in a triangle Pattern and now finally we Are seeing a bullish breakout Which we all expected and Now we have a bullish confirmation So we are bullish biased now And we will be expecting further growth Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Cup and handle is forming on the Natural Gas daily price chart. It started on 2 March 2023. And since then it's been forming higher lows. We are just waiting for a strong breakout to the upside before all steam ahead. 7>21 - Bullish Price>200 - Bullish (For the first time in months) RSI>50 Target 4.13
Hello,Traders! NATGAS broke the key Horizontal level of 2.862$ So we are locally bearish Biased on GAS and we will Be expecting a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Short 2.930 Target 1: 2.860 Target 2: <2.78 Stop: 2.978 Elliotwave: Starting Wave 3 of (3)
My dear followers, This is my opinion on the NG1! next move: The asset is approaching an important pivot point 2.930 Bias - Bearish Safe Stop Loss - 3.008 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2.788 About Used Indicators: For more...
Hello There! Welcome to my new analysis of GAS FUTURES from the weekly timeframe perspectives. Since events of the last year 2022 pumped the GAS FUTURES with an inflationary demand shock to unnatural new highs it heavily reversed this dynamic and GAS FUTURES converted into a massive sell-out with a hugely inclined bear-market supply-dynamic that printed several...
NG1! - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short NG1! Entry Point - 2.930 Stop Loss - 3.032 Take Profit - 2.747 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
haven't updated nat gas for a while, because it's been consolidating heavily for most of the summer. Looks like it is ready to break out soon. Holding 3 dollars is key for a much larger upmove to 3.70 and maybe mid 4s. RSI certainly has plenty of room to run and with Nat gas, and it may outperform even past 5.