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...
Natural Gas - Weekly Bottom Line : "Big-picture" Bullish. Repeating : The higher probability view is to label the Primary wave ((C)) decline as an ending diagonal to complete Cycle y . Ending diagonals are terminal structures. They are typically followed by swift reversals that retrace the entire length of the pattern. There’s not enough historical price...
Hello ladies and gentlemen, according to my chart analysis of the natural gas futures, there is a high probability of a price drop to 3,800 in the next few days!
Natural gas hit the demand curve four times in the last 14 year. The average percentage gain from the lows of the curve to the highs exceeds 200%. This is the fifth time hitting the curve. If the lows hold, we could see a similar violent reversal off the curve.
Analysis based on pure technical - trend line analysis - Fib retracement (power of Fibonacci Retracement , so we can use as like our advantage in the future), I think now patience is the essential key as always. It is about understanding FLOW (flow of markets) and following the news (swing trading)
Cycle up has already finished. Down for the rest of the year. Target around 2,3 $
This is Natural Gas on the 1D time-frame. The recent acts of war by Russia in Ukraine and the annexation of the Donbas region has created a Head and Shoulders (H&S) pattern, which is typically a bearish reversal sequence forming market tops. This is similar to some extent with the pattern formed in February - March 2014 when Russia again committed acts of war...
✅GAS is trading along the rising support And as the pair is retesting it I am expecting the price to go up To retest the supply levels above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
NATURAL GAS is trading in a bullish trend and now it's retesting its channel support line I expect either bounce at those levels or liquidity will be taken and we will see a retest of the midterm point of control at 3.438
Hello,Traders! NATURAL GAS is trading in an uptrend Along the rising support line And as the gas will soon retest it I think its a good long trade opportinity Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
📉 Expecting bullish price action on this assset as price get out of the range, making higher lows and higher highs meaning that bulls are in power in this area. Price could retrace back into 4.0 as psychological area + discount market area fiboncai that sets perfect long opportunities. What do you think ? Comment below..
Natural gas is in correcting as a ZIGZAG for the 2nd wave and it can bounce from 61.8% of fib level. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to...
NatGas is a legit little drama queen these days. Since last week, it has completed wave 2 in green at about $4.049 and has not looked back so far. With several dramatic boosts, it surged upwards and breached the resistance line at $4.825 to finish wave 3 in green. After this exhausting exertion, it put its delicate hand on its forehead, sighing: “I need to recline...
US natural gas futures (Henry Hub) are under pressure following a sharp surge higher, pinging former trendline support before easing. Prices may remain elevated, given colder-than-average temps expected to last through next week from the Ohio Valley to the Southeast US. Meanwhile, Europe continues to source a high amount of US LNG cargoes amid a supply crunch and...
Natural Gas appears to be breaking out of a classic Wyckoff Accumulation pattern and has now accelerated through overhead trend line resistance. Good Volume uptick Bullish RSI Confluence Positive MACD I'm Long BOIL shares as a sister trade, holding for more upside. Expecting an RSI cool off, but as long as price stays above green EMA cloud, I'm bullish on...
That last trend up was nice. It should head back down for correction now.
We're currently observing what could be the beginnings of a primary wave 1 of a cycle wave 3. As we're already approaching the top of intermediate wave 1 we'd advise sitting on the sidelines for now until confirmation of intermediate wave 2 We're fundamentally bullish on natural gas as among other things we believe the clean energy transition won't go as...
In the coming days, gas is expected to experience lower prices in the form of a speaker pattern. I think we should see a calm trend. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad❤️🌹