This pump was very weird, going up constantly on declining volume. Hit the previous high for a moment and immediately started crashing. There is a MFI bearish divergence on weekly chart as well. Short. What else to do. Expecting a full retrace down to $6 ish.
The fundamentals as well a technical analysis both agree that prices will go higher after the correction to around 7.0 7.50 USD giving a great opportunity to buy Natural Gas for the coming months until around 12 USD has reached. With a BuyLimit Order at around 7.50 USD and a TakeProfit 12 USD
Sunday 11 September 2022 19:45 PM (WIB) The Bearish Market is definitely on the move as shown in the Chart Flows from 4 Hours to Weekly frame. Preparing to sell off is a better option than buying Natural Gas. The price fluctuates below the middle lines now and looks difficult to move up (but be careful with some short-term volumes). At the Resistance, there...
Friday 9 September 2022 22:50 PM (WIB) Check and Watch periodically. There is A Death Cross in 4 Hours. The chart flows pattern is very interesting to trades. Be careful with the Wickes.
I believe that we are going to touch resistance level between 8.143 and 8.226 and move down slowly and patiently.
Natural gas trading volume is huge and it has been a very volatile market, price has printed a new HH but now it looks like the uptrend is exhausted after forming this H&S pattern. After Nord stream's maintenance success, we expect $NG to retest $8 level.
A deeper correction down to $6.00 is possible on the price of natural gas before we start a new bullish cycle above $10.00. Looking at the Fibonacci pullback, we are now at 50.0%, and it is likely to go even lower.
Thursday, 8 September 2022 06:50 AM (WIB) The chart shows Natural Gas prices still could fall down to the support lines. And the best safety spot at the MA 200. Noted.
After a deep correction, now it's time to buy. what do you think?
The Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on this instrument (chart). Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't...
Natgas bullish and we’ve a lot buying position in this rally just check my chart. Any question please comment below Safe and profitiable trade everyone
The price is charmed to reach down line in any way, if it's going to reach a new highs again or after this partial rise we had. If this going to new a highs then it's going to be a really huge RSI weekly divergence which is going be a short opportunity in my opinion. White arrow shows where it should reach.
Trade Idea: Buying Natural Gas Reasoning: Buying natural gas at a support level, currently in a strong uptrend Entry Level: 8.909 Take Profit Level: 9.980 Stop Loss: 8.620 Risk/Reward: 3.71:1 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...
I think this is very confusing because the fundamentals of NATGAS are very bullish now but on the chart it looks mid or short term correction is near.
Natural Gas can provide us a long opportunity in the next 24-48 hours. It is correcting the cycle in minor degree (grey) which started on aug-8th, the correction is making an ABC structure and we expect it will reach the 8.709 level before resuming the uptrend. Once the price is in the green area, what we call Inflexion Zone, we will be entering the market long to...
High Risk NATGAS Short, I won't be taking this trade. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). ...
Hello guys, keep your eyes on Natural Gas; Technically by looking at the charts the market is overbought and soon the Sellers will take control and as Fundamentals are concern the sanctions on Iran will be soon lifted and if it will happen then Iran has biggest reserves of OIL & GAS this news will make Panic SELL you should keep your eyes open for the great...