My dear friends,
Please, find my technical outlook for NATGAS below:
The price is coiling around a solid key level - 1.665
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.762
Safe Stop Loss - 1.613
About Used Indicators:
The pivot...
Natural Gas (NG1!) gave us an excellent sell signal on our last 1D analysis (January 11 2024, see chart below) and easily hit our 2.135 Target:
That Channel Down broke and the new that has emerged is more aggressive, headed into a 1D MACD Bearish Cross. If that happens, we will sell on the spot, if not we will wait until a 1D MA50 (blue trend-line) test,...
✅NATGAS is already making
A bullish rebound from
The horizontal support
Of 1.772$ so I think that
We will see a further
Local move up
LONG🚀
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My dear subscribers,
This is my opinion on the NATGAS next move:
The instrument tests an important psychological level 1.809
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.900
My Stop Loss - 1.774
About Used Indicators:
On the...
Balance of buyers and sellers on the NATGAS pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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One might have wondered how much more the price of natural gas futures would fall when they matched 2020 lows of 1.58/MMBtu a few weeks ago.
That seems to have been the worst of it. Gas made a higher high last week, inspiring us to buy 2,500 MMBtu for April delivery at 1.87.
We're happy to let it run to the upside, but would close with a small loss on a...
Mostly Flat closing can be expected. or +/- 6 to 9 Points movement ?
If Sustain above 154 or 156 then 160 to 161 strong level then 165 or 167 or 168 Strong level above this more bullish
If Sustain below 151 then 149 strong level then around 145 or 143 or 142 below this more bearish
Consider some buffer points in above levels.
Please do your due diligence...
Hello,Traders!
NATGAS went down from
The resistance of 2.00$
Just as I predicted but
Has now reached a
Local support level of 1.772
From where we are already
Seeing a bullish rebound
And I think that the
Price will go up
Buy!
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Check out other forecasts below too!
Hello,Friends!
NATGAS pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.669 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Overall, we have been bearish. However, for the past few days, we have been making higher highs (HH). I'm looking for a continuation of a short-term bullish run to target around 2045.00.
We will plan accordingly with whatever the market shows us and stick to our trading plans.
