Natural Gas is on a six day bearish streak, turning neutral on the 1D technical outlook (RSI = 47.415, MACD = 0.105, ADX = 27.914). The pattern since April is a Bullish Megaphone and every pullback like this, has been a buy opportunity. The last one reversed just before it hit the 1D MA50, and as the 1D RSI is also near the S1 level, we turn bullish, targeting the...
Natural Gas remains in a downward trend, we are getting closer to winter, and demand will increase. Why doesn't the price increase more? Or...why doesn't the price increase according to your expectations? Simple.. The story of the war has calmed down and the FUD on prices has decreased and in addition to that, the main factor is that in several countries in...
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 05:15 AMEX:UNG Stock Forecast 06:42 USO Oil Stock Forecast 09:00 Gold XAUUSD Stock Forecast 11:11 US dollar DXY Stock Forecast 13:26 Silver XAGUSD
✅NATGAS was trading around the Bottom of the range and it Broke out of the triangle Pattern went up and is now About to retest the demand Levels below from where I think we will see a Strong swing move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
NATGAS has been putting in consecutive higher highs for the better part of a month. This is indicative of a further move up as called over a month ago. Until this trend is broken we remain bullish and are looking to break the first resistance which should then lead us to 3.5$ very quickly. BULLISH
Natural Gas has been consolidating since Mar 2023 and has formed a round bottom. I expect NG to hit the first target $3.0 within next 1-2 weeks and then consolidate at those levels before the hitting target $3.6, which will be a conjunction of two resistance lines blue and white. Let me know your thoughts in comments.
BOIL is preparing to shift out of the range as it Bullishly Diverges on the MACD during its spring and backtest and shifts out of the lower RSI Extremes. We may just get a move to $90 and call it there, but I do think it's possible to see the $150s if this setup truly does result in the absolute bottom.
Greetings Folks, today i have prepared a setup of NATURAL GAS on MCX the analysis is as follows - the price is looking for a minor reversal - currently trading at a very important zone - wait for a retest for entry dont play with fire, always use a predefined stoploss
Natural Gas (NG1!) is trading within a logarithmic Channel Up pattern since the April 14 Low. The current bearish leg is one step before testing the 1D MA50 (blue trend-line) but the bottom is located just below the 1D MA100 (green trend-line). That trend-line has priced the last three Higher Lows (September 26, September 06, August 24), so we are ready to buy...
The price of NatGas has now reached the turquoise target zone between $2.98 and $2.77. Here we expect a turning point with the low of the turquoise wave (ii), ideally at the 78.60% retracement of the zone. From there, the price should move higher in large steps until it completes the orange wave (iii) at $4.60.
Natural Gas - Elliott Wave Count this is an update to the previous view. Today, the market reached a new low after a few consecutive days of decline. The current reversal appears to be the start of wave C of 4. However, it is best not to rush into buying at this moment. We can anticipate another low after the completion of wave 4, which will be an excellent...
Natural gas - Elliott wave count Weekly chart seems like bearish which is completely opposite to our view which we posted earlier.. this bearish view also possible so better be careful or atleast wait for some good reversal signal to take buy. This is an update to the previous view posted.
Considering a trend continuation long in NG here. Per the attached charts (also using futures for zoning), we've had a decent pullback and are nearing intermediate-term (daily) demand. Using the futures chart, there are multiple 15-minute demand zones stacked 3.058-3.006. So, if we penetrate that zone (flirting with it now), look for micro timeframe reversal cues....
Not a market we trade super often, but there has obviously been a LOT of opportunity in natural gas as of late. After a long period of accumulation, NG has finally broken out to the upside. We are looking for potential trend continuation longs. Ideally, we would like to enter this trade around the ~3.00 level (roughly coincides with Anchored VWAP +...
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...