Currently, Gas (NG) Moving sideways range and expecting more downside towards multi Year Support 1.480$ where we can some small correction upside. Alternative due to summer now demand level very low. 🛑SUPPORT/RESISTANCE ✅S1= 1.645 ✅S2=1.510 ✴️R1=1.725 ✴️R2=1.945 Please like, share, comments and follow me to get daily base analysis Thank you for your support, I...
TREND Still Downside towards major support level 1.520. Last week NG Break Fake as we mentioned previous analysis. We hit our 1st target and next target 150 points more downside. 🛑SUPPORT/RESISTANCE ✅S1= 1.700 ✅S2=1.520 ✴️R1=1.800 ✴️R2=2.100 Please like, share, comments and follow me to get daily base analysis Thank you for your support, I appreciate it.
N.Gas will be the future, watch. drew this about 2 months ago. check out my previous analysis
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.78). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NGAS is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.78). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NGAS is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.90). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NATURAL GAS is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
at the moment of writing, NGAS is at the 1.845 level and is forming an accumulation level where an upside breakout will evolve. we are closely watching for fakeouts on the top and bottom.
Here is the updated chart and plan. We got a bearish report which will make it decrease as trend suggest and then once public panics and they exit their longs, smart money will enter.
gap down fill to 2.96 by monday,falling from this price will be horrible. then afterwards filling the gap at 3.22
It's seems that NGAS is completing a complex B wave, the sell is not really a good option but the buy setup looks compelling.
Ngas is repeating the same pattern of the last year October With winter coming, it is preparing to be bullish :) Wait for the great buying opportunity next week or early november Best of luck
Dear Friends, as we can see a trend reversal chart pattern. Head & Shoulders pattern forming 1hr So a signal that the market is going to move Up. Price Pattern completion on the break of the neckline (fibo levels 0.618 around). Let's see how it goes. Personally Expected Bearish trend for today.:) P.S. Today, EIA Reports Natural Gas Inventories Good Luck!