it seems the bearish is done and we are in uptrend for Natural Gas and the first Tp will 8.1 for end of this week or soon. keep in touch for more connections send me a message in pv and welcome.
Based on the chart pattern seems like Natural gas is short.
Natural Gas rally now facing selling pressure from bears in the market. A rejection at current level can possibly drag price to its mean below 6.610 N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Midterm forecast: While the price is above the support 5.194, resumption of uptrend is expected. We make sure when the resistance at 8.176 breaks. If the support at 5.194 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI support #1 at 43 is not broken, the probability of price decrease would be too...
Midterm forecast: While the price is above the support 5.194, resumption of uptrend is expected. We make sure when the resistance at 8.176 breaks. If the support at 5.194 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI support #1 at 43 is not broken, the probability of price decrease would be too...
Hi traders, Following our last NGAS signal that hit our massive take profit I noticed an ABCD trendhike on the weekly timeframe and will hold my remaining positions to new take profit point $8
Good day traders, Following all my NGAS analysis meeting take profit levels, I'm now able to confirm the bigger picture. Please note that all my analysis are done from a swing point of view but you could see the targets being met sooner than anticipated. Building up to the Russia/Ukraine war we noticed the Natural Gas prices consolidate and only saw it surge...
Although price is in an uptrend and is bouncing on the ascending trend line, we can see bearish strong candles formations which indicate downside signals. Currently, price is facing bearish pressure and has made a bearish reversal pattern. There is a yellow support level around 6.100, and if price breaks this level, I expect a drop at least to retest the trend...
mega failed breakout, expecting a serious drop here
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.
I think Nat Gas prices are going to soar here, for the coming 9 months. We have a daily entry here, that can evolve into a massive monthly trend. Try not to miss out on this play! Cheers, Ivan Labrie.
Ngas soared as well went the market opened. I held a trade from last week to gain these profits. Taking tp and waiting for further confirmations
NGAS formed a double bottom and gave us a breakout on neckline, I'm a bit indecisive even though we have a bullish impulse on the NGAS it still isn't give aa clear direction. I will place a buy limit and patiently wait for it to trigger. Remember that all positions aren't worth taking. Always wait for at least 5-7 confirmations. In this case I only have 3 which...
The technical figure Triangle can be found in the Italian company Italgas S.p.A. (IG.mi) at daily chart. Italgas S.p.A. is an Italian company specialised in the distribution of natural gas. It is listed on the Milan Stock Exchange and included in the FTSE MIB index. The Triangle has broken through the support line on 04/02/2022, if the price holds below this level...
broke out of zone and coming back to test before continuation sell. coming back to mini consolidation box
After a correction of -45%, the uptrend resumes in the weekly support level. We bought it at $2 and we've been adding more positions ever since. The energy crisis in Europe is increasing as countries are moving to renewable energies. Germany and Belgium are closing nuclear reactors so we expect issues in terms of demand and supply, and the increasing inflation as...
Can yu see the structure being formed or am I trippin?! Let me know something 🤪