RSI Divergence. Looking good for long entry once the trendline is broken.
NATURAL GAS IS BEST TIME TO BUY AS IT HAS BOUNCED UP FROM ITS HISTORICAL SUPPORT.
buy above 2.6 target 3.2! load your gas
Kindly like the ideas if it is helping you and leave a comment, it will support me and provide a motive to keep posting new profitable trading ideas for you 😉⠀ Analysis of #Nat Gas here we have a rising channel to a key level. I don't usually trade the inside of channels as we all know channels always break and after NAT GAS reached key level am waiting to see...
Natgas may test the Fib lvl of 38% and 61.8%
buying and hold for long term
Ah the famous "free money" option sellers. Ah the famous strangle strategy. Option sellers. Ok. Naked option sellers. Sooo...? Way out of the money naked option sellers. Let me think... Way out of the money strangle naked option sellers. Getting good. Ultra Leveraged Way Out Of The Money Strangle Naked Option Sellers. Oh boy. Ultra Leveraged Way Out Of The Money...
Target 202/204. Main stop loss is in 189. Expecting sideways....
Pattern: Channel Up on 4H. Signal: Bullish on the 4H MA50 or if the Channel Up breaks upwards. Target: 2.650 and if 2.680 breaks (+12% from low) potential extension towards 3.000 (+27% from low). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me...
Bullish factors: NG Natural gas price has been rallying for the past month reaching $2.5 level on increased consumption during summer months, improving LNG flows reaching 5.1 bcf/d in mid-August, and two tropical storms in the Gulf area threatening natural gas production. The fundamentals remain bullish going into mid September. Bearish factors: Production is...
NG at the daily view. Natural gas is stuck between two trend lines. They're acting as both support and resistance. Currently, Natty is above all major moving averages which is bullish on its face. That said, this could go in two directions. 1) September usually has a pullback due to cooler weather and less need for A/C. However, the temperatures are just high...
but it takes 8 months of consolidation and patience......... Yet, the result is not final as it could do 2 things now : 1. falls back to the bottom at 1.40 2. breaks out from 2.103 and continue trend higher I like to think Option 2 is more likely so I will wait for the breakout and observe the patterns first.