Natural Gas Mini Futures
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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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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Displays a symbol's price movements over previous years to identify recurring trends.