Natural Gas (Henry Hub) Forum & Chats (FX:NGAS)

1 hour ago

Natural Gas 1 hour time frame. It hit both my predictions and now consolidating similar to September 17th High. I believe its now ready for next leg up starting 13th (it could start today) or after the 13th, with a new high around the 25th October. Do not guess trading and do your analysis 👍 💪

n2z

2 hours ago

will destroy buyers and will go after short-sellers today - I'm ready for both scenarios🔥

tr3ndingup

11 hours ago

tweezer top on the weekly timeframe, 3rd try at a break out with ordinary volume and momentum is trending with the price action.

I'm super bullish on NG generally. I work in the industry it's absolutely full steam ahead and the green energy gimmick has taken a backseat...... but I think short term it's going south. just my opinion.

n2z

16 hours ago

wouldn’t surprise me to see $3.3 tomorrow 📉

chriskokal1

17 hours ago

several key levels broken at multi-timeframe possibly with more to follow as volume momentum is increasing on the sellside.
I have added 20 (orange), 50 (blue), 200 (white) and 800 (purple) VWMA on the charts alongside the ICT from luxalgo to combine dynamic with static levels for resistance and support.

So far we have vwma ribbon in a bearish crossover for the 1h, on top of that we have break of structure at 1h and market shift also for the 4h with price dropping below the 50 vwma at 4h.

I am not expecting a correction upwards with the above bearish setup until price tests the area 3.40-3.20 where the slower length vwma are accumulated and there's also a thick bullish orderblock there at the 4h.

On the daily we have bearish engulfing candle yesterday with price getting rejected from the supply area 3.80-3.99 and today we have another thick bearish candle breaking below the recently made bullish orderblock and the dynamic support level of 200 vwma of daily chart while at the same time momentum from FVZO is still in overbought zone while buyside volume momentum from KVO is dropping. All this indicates strong seller pressure to me and I will remain short for the short term and build up my position at the pullbacks - I expect price to retest 3.6 before further downtrend and that's where I would enter another short. I'm looking for short TP at 3.20 now and possibly not looking for long entries until price reaches that level (it's the bullish orderblock, green zone seen on the 1d 3.20-3.05)
Good luck everyone!