Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in Natural Gas. Trend Analysis The...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Short Term & Medium Term Bearish Long Term Bullish after completion of last leg down of this Falling Wedge I expect we’re at our Top (3.8-3.95) then we start rolling back all the way to the bottom. Then the next and 4th move upwards should break easily 6$
Natural gas is moving in an upward direction And it will continue to rise until it reaches the price of 4 dollars
Idea for Natural Gas Futures: - NG is at the top of the Trend Risk Range: - Price was rejected at confluence of Trend Resistance + Rising Wedge. - Short at Re-test of Wedge Bottom with a 2N Frequency Stop Loss for TP1 Yields: 296 Ticks 3.25 R/R - Look for Exhaustion Gap to begin new Trend and continuation of the short position for S1 Trend entry. GLHF - DPT
The Wave 3 we called for certainly did begin earlier this year and it looks like we're in the last push higher 📈 ... $XLE following $DRIP $GUSH $XOM $CVX $CL_F $USO $NG_F $UNG $BOIL #Trading #ElliottWave #CrudeOil #OOTT 🛢️
Hello, Traders! NATURAL GAS is trading in a massive narrowing wedge on a daily chart And the price is retesting the resistance again Forming a double top below the resistance Which makes me bearish on gas And I think that a move towards support is likely! Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
wait for tag of trendline or scale in short below... stops above 1st high... Price is above 200 day ma, this is a counter trend trade, so better to start small and add along if it works. targets shown below... beware of 200d ma , and how it behaves 'round there to access the trade's probabilities.
Pattern: Channel Up on 1D. Signal: Buy within the 1D MA50 (blue trend-line) and the 1W MA50 (yellow trend-line). Target: 3.350 (just below the -0.236 Fibonacci extension). Most recent Natural Gas signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
Hello traders and investors! Today we will talk about energies, specifically Crude oil and Natural gas in which we see interesting developments. As you can see, both oil and gas are in tight positive correlation as energies are in recovery mode, but a rise looks corrective. Oil has slow, choppy and overlapped W-X-Y complex wave structure, while gas has A-B-C...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
Natural Gas is still on an up-trend and still going strong. "The prevailing trend is in existence until it is proved to have been reversed." ---> this is a very important concept that most traders tend to disregard. - At this moment NGAS still looks bullish, so every time a buying opportunity presents itself I will take it, but, I will only take short-term...
There are lots of corrections currently in NGAS, but this is nothing new, this is quite common in NGAS. 2 big corrections in a row often happens. - Right now we have an impulse, and a 3-wave corrective structure, the up-move is in play and a high probability play. I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or...
I meant to write that it's -------- a Running Flat ------------ I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
For now, it looks like the bigger picture is climbing steadily towards previous highs. On lower timeframes there have been lots of good buy-setups, we're in the middle of the structure now, so being patient and waiting for good quality R/R buy-setups is a good idea. The volume on the monthly has been declining as well because we have been correcting. A spike in...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...