Will a new low of 1.50 be possible for natural gas prices?
I am excited to share with you my weekly article.
In the first part of this article, we will highlight the most promising futures and stocks at the moment.
Despite recent tensions in the bond market, Wall Street once again set a new record high this week. However, Europe remains in a state of...
2.12.24 I am looking for a buy signal for a long trade or natural gas. The video goes over this in a lot of detail so we don't need to do that here. The videos more about setting up the chart to prepare for the reversal... before the reversal happens. My gut level feeling is this is going to be a great reversal trade because the markets at a very strong support...
The upcoming week in the USA is expected to be colder due to shifts in atmospheric patterns, which can bring colder air from the polar regions. This change follows a warmer period, driven by variations in the jet stream and atmospheric pressure systems. The colder weather will likely lead to an increase in natural gas consumption as households and businesses turn...
One thing appears to be rather obvious: crude's rally has fizzled out:
Oil - Bulls Will Be Totally Annihilated
And that's bad news for bulls. If crude's rally has fizzled, can natural gas counter rally?
Well, natty hasn't done much all year. One of the reasons is probably that the world, which is controlled by the Communist Party, wants to SaVe ThE WoRlD...
Hello,Friends!
Bullish trend on NATGAS, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 2.163.
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Hello,Friends!
We are now examining the NATGAS pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.967 level.
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Overview:
Since the significant bottom in June 2020, Natural Gas embarked on a compelling journey, forming a fresh impulse that concluded around the highs of August 2022 as Wave I in the Cycle Degree. The subsequent phase witnessed a corrective move, labeled as Wave II on the weekly timeframe, comprising three subdivisions: ((A)), ((B)), and ((C)). The current...
Monthly Support Eyed
Recent trading has seen the price of natural gas futures refresh multi-year lows at 1.927 USD/MMBtu. Since November 2023, we have seen natural gas trade lower by nearly -50% and demonstrate scope to reach support at 1.615 USD/MMBtu, a level that boasts historical significance as far back as 1999!
Given this, there is room for further...
Natural gas nearing major support level of 160 and major volume profile gap support is at 140 to 145 range. Will have to wait for any reversal signals to take buy positions.
Just and idea. Not a recommendation.
1.95 is a strong mirror support level, it came up for the first time in a year, it broke through very weakly, there is a sign of a false breakdown of the level. the rebound can be 5-10%.
Meanwhile, February is historically a time of decline for gas; gas fell 8 times out of 10 in February with minimal pullbacks.
I buy from current ones.
Natural Gas price trading around the historical low levels. Goldybug is asking himself how likely is it to remain at these levels? Triple digit return potential, this is the kind of investment that gets Goldybug's feelers twitching.
As ever, back up any opinion with your own research.
Read, read and read.
Never place more than you can afford to lose.
Good Luck.
Technical Analysis:
- NG is still finishing a wave ((II)) in Blue in RED . We expect after a bounce in a wave ((1)) in Black
- H1 right side is down
- H4 right side is turning down
Technical Information:
- You must wait for the wave((II)) in Red to be completed in order to buy as( Position Trader))
Dear Followers,
I hope this message finds you well. I wanted to provide you with a brief update on the stock MCX:NATURALGAS1! I have been monitoring.
It appears that the stock is approaching a potential Support level Near 615-610 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a...
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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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You...
![NATURALGAS1!: [MCX] Natural Gas Trade Idea](https://s3.tradingview.com/b/bbFbUVUd_mid.png "[MCX] Natural Gas Trade Idea")
