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NATURAL GAS rebounding on a 1.5-year Support! Bullish.Natural Gas (NG1!) is having a strong green 1W candle, coming off a 2-month decline. It is highly likely that this correction has come to an end as the price hit this hit (and thus rebounding on) the Higher Lows trend-line that started all the way back since the February 20 2024 market bottom.
Tech
a return to solid major sellers presents a =SELLers world1->5 : creates a series of lower
highs and lower lows , number 2
becomes a solid major market low when number
3 closes under number 1 , number 4 becomes a solid minor low( as its part of the minor downflow ), when number 5 closes under number 3
5->6 : returns to number solid major high number 2
NATGAS Risky Short! Sell!
Hello,Traders!
NATGAS is trading in a
Downtrend and the price
Is making a local rebound
And will soon hit a horizontal
Resistance of 2.76$ from where
A local bearish correction
Is to be expected
Sell!
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NATGAS: Bearish Forecast & Bearish Scenario
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NATGAS chart which, if analyzed properly, clearly points in the downward direction.
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NG1!: Move Down Expected! Short!
My dear friends,
Today we will analyse NG1! together☺️
The market is at an inflection zone and price has now reached an area around 3.022 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of German THE Natural Gas Futures is 25.168 EUR / MWH — it has risen 0.24% in the past 24 hours. Watch German THE Natural Gas Futures price in more detail on the chart.
Track more important stats on the German THE Natural Gas Futures chart.
The nearest expiration date for German THE Natural Gas Futures is Apr 27, 2029.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell German THE Natural Gas Futures before Apr 27, 2029.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For German THE Natural Gas Futures this number is 60.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for German THE Natural Gas Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for German THE Natural Gas Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of German THE Natural Gas Futures technicals for a more comprehensive analysis.