Next week the gaz natural will decline ( comme back down ) I advais you to sell
Natural gas at the daily view. Natty is currently in a giant bull flag right now. Bears had nearly 2 weeks and every chance to take NG down. However, it didn't happen, yet. Unless that happens, Natty is consolidating for another leg up. The 300 DMA is at 2.08. The 400 DMA is at 2.24. That's why Natty has been bouncing between those two prices. Here is why...
Pattern: Bullish Megaphone on 1D. Signal: Sell as the price is testing the Higher Highs trend-line of the pattern. RSI also close to a top. Target: 1.950 (potential Golden Cross). ** 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 a great deal at...
This is natural gas at the daily view. When it comes to natural gas, you have to think big picture first. Natural gas moves much slower and in bursts. During the summer, every trader and the mother was bearish on natural gas. What they didn't see was the inverse head and shoulders forming (marked with yellow curved lines). Natural gas' sentiment is still very,...
Natural Gas futures ( NG1!) has completed B wave in abc zigzag and now started moving up in C wave, where it has completed 1st impulse cycle and correcting it in 2nd wave, so stay long near 2.15 0 or slight higher and for C wave up for target above 2.500 or higher. C is the part of Y wave in WXY double zigzag correction.
Intraday Commodity Future Buy NATURALGAS AUG @163.1-163.6 SL 159.50 TGT 169.80 TK cross over + above VWAP + MACD cross over so go long on intraday.
Natural Gas futures ( NG1!) is in C Wave down as ABC correction in (B) wave. It has completed 1st impulse down and correcting up in 2nd wave. so stay short with stops above 2.231 for C wave down.
Natural Gas futures ( NG1!) stay short for C wave down as mentioned in previous updates of (B) wave.
Natural gas at the daily view. Natural gas experienced a pullback. That shouldn't be surprising at all since profit taking after a spike up is normal. The lower blue line is the ascending resistance stemming from March 23rd. Interestingly, a long-term channel line is also acting as temporary resistance. So, natural gas has two choices. Either natural gas...
Natural Gas futures ( NG1!) is in impulse cycle, which is about to end soon after one minor high. so stay bearish as wave A of (Y) up will end and target will be B of (Y) down. A very good risk-reward ratio found in the trade. The good divergence confirm the cycle will end soon.
A day of confirmation the uptrend starting the beginning of the month Wait for breaking 2.300 and go long; Next Target 2.550
I advais you to sell it will retourne to decline Next week