CFDs on Natural Gas

OANDA

:

NATGASUSD

NATGASUSD, H4: Continuous downward: Sell

small correction today

Though not supported by fundamentals, Natural Gas is in the oversold territory. High probability of a bounce (based on technicals) to the 2.6 to 2.7 area before the sell off could continue or we might get stuck in a sideways movement until the summer months when the cooling demand increases.

Natural gas is possibly bottoming

CFDs on Natural Gas OANDA:NATGASUSD NATGASUSD, H4: Continuous moving towards : Sell

As you can see on the chart, natural gas has hit a support level and i'm sure a lot of buyers are rolling into the market now. You may buy now but make allowances for the fact that support could get broken. DISCLAIMER Please note that this chart is an opinion based chart only. Please trade at your own risk

NATGASUSD, Continuous downward on H4: Sell

Let's see!

I'd speculate some consolidation around $3 is likely.

Support and Resistance

Stochastic and RSI suggest we are at oversold levels while price action moves into strong support. Expected move upward.

Hi there. Price is at the bottom of the pattern. Wait for the price to form a continuation pattern on lower time frame and watch strong price action for buy.

Frustrating since last few weeks. This is it. not much left on the downside

OANDA:NATGASUSD

WAIT FOR BREAKOUT. ONCE CONFIRMED OPEN A RADE WITH GREEN LINES MARKED AS TARGETS. ALL THE BEST!

Long

Natural Gas sell

Pattern: Fibonacci retracement. Signal: Bullish as it rebounded on the 1M Suppport Zone. Target: TP1 3.450 (0.382 Fibonacci) TP2 3.720 (0.500 Fibonacci).