hi traders, it seems its in correction phase in weekly time frame. Your opinion on this???
So far we’ve covered Natural Gas twice, once in October 2022 , followed by another in May 2023 . As highlighted in both pieces we are generally longer-term bullish on natural gas but we do see some opportunities for a short-term tactical position now. As winter approaches, the harrowing memories of natural gas price movements during the previous winter seasons...
We all know that when a war breaks out the prices of energy will go up. Just buy when you hear for example on the news that China is invading Taiwan, or any other crazy war the global elites like to make.
Natural Gas MCX Future - November Intraday Trend Analysis for 17.11.2023 Buy at: 265.05 with Target 1 - 265.75 and Target 2 - 272.7 Add one lot: 262.9 Sell at 260.75 with Target 1 - 243.25 and Target 2 - 236.3 Stoploss: Buy Position SL: 260 Sale Position SL: 266 This Natural Gas MCX Future analysis is for educational purposes and one should attempt a...
Dear Followers, I wanted to keep you informed about the latest developments in the natural gas market. Recent trends indicate a potential Uptrend in natural gas prices. This presents a potential opportunity for a Long position. Key Points: 🔹 Natural gas prices have shown a consistent downward movement over the past weeks. 🔹 Supply levels have been relatively...
Nat Gas is in a sideways trading range for awhile, until it can break out above $3.50 and hold, then it has the potential to go to $4.00 and possibly $5.00 on an catalyst and extreme move.
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 04:18 AMEX:UNG Stock Forecast 05:18 USO Oil Stock Forecast 06:48 Gold XAUUSD Stock Forecast 08:13 DXY US dollar Stock Forecast 10:03 Silver XAGUSD
Took profit on recent run up to the mid $3's (BOIL) Hedged with a long term position to the downside (KOLD) and back in for another move to the upside (BOIL) #Winter
Potential ABC could be ongoing.. open a long position only after 2,8 break
Set up Long active This is a good opportunity with low risk.
Retest of 0,61 unitl leg 1 double bottom above support area -- false break out with recovery of price livel .. potential upside for the next move.
accumulation of new position I have three position long .. this is the last for a potential C
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 07:51 AMEX:UNG Stock Forecast 10:24 USO Oil Stock Forecast 13:33 Gold XAUUSD Stock Forecast 15:50 DXY US dollar Stock Forecast 18:20 Silver XAGUSD
#natgas is still bullish as long as $3 and weekly EMA30 still support price. On the daily, I also see a Livermore Accumulation Cylinder, which will build-out a decent cup and handle.
The Natural gas is seen in an Elliot wave structure since Jun.2023 bottom. The current pullback shall be considered as a wave IV pullback(until the wave I high of 3.015 does not get violated). From current levels though what should be expected should be a 25% rally (wave V) towards the 4$ mark. Also note that the wave markings have been done on an hourly chart...
If you are looking for a Nat Gas trade, it is set up to be a buy once we get to a support zone on the chart.
NG Bottom Has Been Done . Look for Reversal to Buy Here . Big Targets Awaiting NG Bottom Done Possible Upside to 330 Now
Natural Gas is on a six day bearish streak, turning neutral on the 1D technical outlook (RSI = 47.415, MACD = 0.105, ADX = 27.914). The pattern since April is a Bullish Megaphone and every pullback like this, has been a buy opportunity. The last one reversed just before it hit the 1D MA50, and as the 1D RSI is also near the S1 level, we turn bullish, targeting the...