Alright folks, let's vibe with the market rhythm. Sure, we've noticed a bit of a chill in the bearish vibes lately, but hey, don't go diving in headfirst just yet. The price is still cruising below that downtrend speedline, so we gotta keep our cool. Time to channel our inner candlestick whisperer and ride those lines like a pro. If we start sensing some bullish...
I can see some downtrend after hitting below 1.900 good for shorts and I can see some good upward movement after hitting 2.55 to 2.7 would be great range for longs Above mentioned views for purely positional trades
Seems like natural gas is ready to explode in 3rd of 3rd Elliottwave. Oil has similar sentiment despite being less obviously bullish. Natural Gas remains so far firmly on track and expected to rise with oil, perhaps on the Middle East escalation in the most nearest future.
Natural Gas Now showing bearish divergence on the 3 hour chart after a higher high shakeout. That is very likely to be a Wyckoff UT UpThrust. This signals that the current wave up is now more likely to be a connective wave and there will be another bearish wave to follow. Perhaps it gets back to somewhere around the 0.618 are perhaps it will get all the way...
📈 Keep an eye on Natural Gas! 🦈 Potential SHARK Harmonic pattern spotted 📉 This pattern, known for signalling trend reversals 🔄, is gaining attention as it shows distinct Fibonacci ratios and price swings. If confirmed, it could mean significant price movements ahead. The pattern involves four key points: the initial impulse leg, a corrective retracement, an...
Pumping here and growing in strength out of this accumulative area ❗ I think at some point we will see a third and bearish wave, but it may just be a shallow one before this really gets moving on up. Its currently in the retracement 0.618 Golden Window and so perhaps it happens here but it could also make a higher high. Our deeper buys at the higher time frame...
Natural Gas Technical Analysis The price broke down from a minor structure support zone. The first 4 hours candle closed red and looks a big candle, showing an increase in the bearish volume. The first support will be found near 1.8670 and the second support near 1.8100 Don't forget that it is very risky trading NG due to the high speculation. You may find...
Don't know how this plays out in the short-term... but it will explode soon (likely this spring or summer at the latest). If it does flush lower one last time, I'm looking at the $1.30 region... hitting UBER oversold on the quarterly, monthly and weekly charts.
Please pay special attention to the very accurate trend, colored levels and channel. Be careful BEST MT
XNGUSD is still in oversold and undervalued territory as demand may be mitigated by anticipation of milder weather and supplies seem to be more than adequate. XNGUSD may move higher if either of those factors changes. The chart shows price about 15% above support and about 60% below heavy resistance. The RSI indicator shows the faster RSI line above the 50...
XNGUSD ( Spot Natural Gas ) on the 15 minute chart shows that it has risen to a supply and resistance zone while the dual time from RSI indicator shows a bearish divergence in the faster green RSI line. The predictive algo of Luxalgo for the regression line forecasts price action to be downside. These are enough analytical aspects for me to take short...
Natural Gas prices have been dropping over the past four months due to progress on renewable energy and hot weather being among the drivers. However, market could become tighter this year, with slower supply growth and an acceleration in demand, while key US drillers have slashed their 2024 outlook. Further Middle East hostilities after the Iranian hit on Israel,...
Forecast: Start of Bullish Trend (Daily) Invalidation Level: 1.580 Only buy when the price is close to these levels: 1.745; 2.026 (R/S);
This is my view for NG next week. If the price breaks 1.9666 we can see some good upward movements. if the price fails to break this level if any rejection (red pipe) we can see a price drop up to 1.83. Circled one is good spot for any trades for the next week.
xngusd is ther support level its good time to buy xngusd for long term its the jackpot zone trader buy and hold your trades
I can see main levels at 2.0053 1.9489 after immediate support at 1.91 and 1.8626 and last 1.71 If break all these supports we can see quick downfall. I am on short side till now we can see
Bullish Butterfly with perfect harmonic measurements completing at previous low Target one - 2.42 target two - 2.92 target three - 3.5 stops just below the low zone 4.5 x 1 = risk to reward good luck traders its been awhile, I have returned.
Hi Traders ! The NATGAS Price Formed a Falling Wedge Pattern. Currently, The Price Broke The Resistance Line ! So, I Predict a Bullish Move📈 ------------- TARGET: 1.908🎯