Analysis does not take account of current geopolitical situation and is based solely on Elliott wave analysis. I would assume the it will follow the black more than the red scenario. 5.80 is the point where you would exit most of your shorts.
$NGAS - HOW WILL EUROPE REACT? DOWNTREND STRONG.... Gas price is coming home. $3.00 is not too far away. But how will the European government react? It seems like they want to keep the consumer price high. #NaturalGas
✅NATGAS is approaching a demand level So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bullish bandwagon just on time to get the best Risk reward ratio for us LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Natural Gas - a topic of geopolitics, war, supply, demand, and speculation at very high and unexpected volatility. Can we observe the price to go back to the triangle tracks and complete that figure or look for a new pattern? Maybe a new BULLISH triangle, speculations call for bulls to feast, especially if winter is hard and the war continues, Bears also peek...
$NGAS - Is the Gas Crisis Over? (SHORT) With the Economy slowing, a variety of commodities are showing weakness, think about $OIL and $COPPER. $NGAS is still retesting this channel breakdown. I'm looking for shorts in this area as the potential rewards are huge. The war in Ukraine may be coming to an end, and this could have an impact on the price of natural...
The recent price action in the daily natural gas price chart updated to December 5, 2022, saw prices falling rapidly and breaking below the supports of two moving averages (50dma and 200dma) and some key Fibonacci retracement levels, such as the 50% retracement of the post-Ukraine war rally to August highs. The two moving averages earlier created a death-cross...
A difficult situation has developed in NG. Inventory and supply issues pushed the price to record levels. Our preferable scenario is to rally up NG to $12.78, falling below $4.77 will change our view on NG.
NGAS prices started rising on Monday after a cold wave engulfed the European continent, testing its ability to coupe with the cold weather without its main natural gas supplier Russia. The instrument broke the resistance levels of the triangle chart pattern entering into a bullish movement. RSI indicator is above the 50 neutral line and MACD histogram is above...
✅NATGAS has been falling recently And the pair seems locally oversold So as the pair is approaching a horizontal support Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
i deffinitely will bet on the most simplest way. not much to coment here.
Gas this week had a strong bullish movement, and I expect it to complete this movement next week, with a correction that may target 6.40 levels, from which it may launch towards 7.0 levels.The gas has been in an ascending channel for 11 days, but will it breach it and rise towards the 7.0 levels? We wait next week to see what it has in store. 🔥💥 Like, Shared and...
Natural Gas's all-time price action/chart suggest that it is due for a sizeable, generational bull run, to start within the next 3 years. One could blame it on war or climate change or politics but I am not smart enough to determine which may be the actual cause, if any. I can instead deduct from NGAS' wavemap that we are unlikely to enjoy the low prices we've...
Recently, the price of natural gas has been under pressure due to measures to reduce consumption and prices in Europe ahead of winter. Officials expect another supply crunch due to restricted access to Russian pipelines and a possible jump in demand for heating goods. Today, the price of natural gas NATGAS / USD is stable between the level of $5.81 and the level...
Previous Resistances of $5.559 acting as support for this current D leg.. I initially spotted the ABCD pattern in orange, then I looked for the Bullish Cypher on D leg to kick off. The AD Will confirm
Buy It Around 5.42 Will See 5.50 and 5.60 in Todays Trading and may be Above 6.00
NATGAS has a lot of big fundamental factors currently, with Russia controlling I believe 75% of the worlds NATGAS reserves we are seeing the tampering of supply alter the market price alot. Coming into the winter months we could see the price rise considerably as everyone tries to store as much gas as possible we could see supply side issues. Ideally TWAP...
I think we may see a rapid advance in Nat Gas here, the technical setup in $UNG paves the way for a 18.4:1 reward to risk potential trade. I'm long equity here, but you could trade this with options, or an equivalent fund in the EU or UK (if you're EU based). Futures or options on futures are also an option, but more complicated to execute with maximum efficiency....
The price break nickline head and shoulders. We will see downtrend in the price. Profits At 432.7. Don´t forget like and support for more ideas. Any Quetions contact me.