#NATURAL_GAS Is on the way to meet the 200 MA and the lower belly of the bullish channel. There is a high probability of rejection at that level. I am looking for a short at that point with a reasonable stoploss.
Check out my older NATGAS idea
Trade Idea : Sell Nat Gas at market
Reasoning: broke down from the medium term trenline and retested it with rejection so looking for bearish continuation to target previous resistance which becomes support at 6.300.
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains...
Tuesday, 8 November 2022
21:36 PM (WIB)
There is traffics of Tankers carrying liquefied Natural Gas that are floating off Europe’s Coast, waiting for the price of the fuel to rise emerging the winter season. This is getting hot on Natural Gas because the price chart doesn’t look will rise higher. Although there is a big gap loop that reached around $7.322, the...
Wednesday, 2 November 2022
01:36 AM (WIB)
Natural Gas prices have been exiting from the Falling Wedge structure and falling from the Ascending Uptrend Channel.
It falls started from the Head & Shoulder Formation at the previous top of resistance.
The market looks so aggressive until the price falls from the ascending channel.
Where is the direction of this...
Trade Idea : Sell Nat Gas at market
Reasoning : Had a hanging man yesterday and looking for a correction of the recent bullish move. Potenial double top on an intraday basis as well adds to confluence.
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses ....
NATGAS closed below the starting point of the last impulse wave up, meaning the trend has turned on the weekly chart as well. This short trend is valid until the brown validity zone is taken back by the buyers.
Any move up is only a correction of the south impulse wave, and a break of this countertrend makes the price fall.
Of course, it can go on falling, but a...
Here we have a textbook Head and Shoulders Pattern after a strong uptrend on natural gas.
The volatility between the head and the kneckline was 19% so we used this as our main take profit area.
At first it seemed too much of a price move however 4 weeks later not only did we get past the 19% take profit area, price went down further to 26%.
This was a big...
Looking buy Nat Gas on the backdrop of a strong daily support holding.There is also a potential bullish inverse Head and Shoulders forming.
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
We've seen the correction of the last weekly impulse wave on the daily. Price has tested the last north breakout (marked blue, as Daily S/R zone), then if the daily closes above the trigger zone (green), we may see the trend turn into the primary direction.
What do you think???
Trade safe! ⚪️⚫️...
Please watch my analysis of the NATURAL GAS. Thanks, and feel free to comment!
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT!
Trade safe! ⚪️⚫️
Thanks for reading my analysis!🤘🏽
Remember that trading is a risky...
I want to show you an idea that has a possibility to turn into winner trades, however, compared to the reward, the risk involved is quite high, since this goes through a CORRECTION.
Primary trend is short, but we have a weekly south breakout to be tested, if the price bounces back from the Daily 138.2 target has been recently reached. That weekly...
US natural gas prices have formed a head and shoulders top pattern, which may signal a weakening of the current major bullish trend and a subsequent reversal into a bearish one.
The left shoulder coincided with the relative highs at the end of July at $9.30/MMbtu, a level that was then followed by a pullback to $7.53 (August 8) prior to the beginning of a new...
Wednesday 14 September 2022
07:07 AM (WIB)
Natural Gas is the most eccentric and unique pair compared with others. This commodity needs all of the required skills to read and understand the chart flows. I remember when Natural Gas was still at $3, and Crude Oil was still at around $37. The difference is Natural Gas move so slowly at that time, while Crude Oil...