Natural Gas - Elliott Wave Count Natural Gas - the market seems to be forming ending diagonal on C of Wave 4 and we can see a decline to wave 5 soon. Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading CAPITALCOM:NATURALGAS AMEX:UNG MCX:NATURALGAS1! PEPPERSTONE:NATGAS MOEX:NG1! ...
Naturalgas - Elliott Wave Count Naturalgas - the market looks like in Triangle B and after the correction up to 2.34 or below level we can see a good pullback towards 2.78 range. Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading MOEX:NG1! MCX:NATURALGAS1! CAPITALCOM:NATURALGAS ...
Natural Gas: A Bearish Move Could Happen Soon Price is forming a sort of "wedge pattern" before moving lower. The pattern looks really good, but it needs to be developed more because it is not ready yet. On the other hand, OPEC is speculating a lot about the price, making everything more difficult and we must be careful. If the price reaches 2.4 again, it...
In the past week, we introduced a long idea for NATGAS. Those who entered the position have been able to realize a gain of more than 6%. While we initially anticipated prices well above 3,000, we have since abandoned that target and are now leaning towards the short side. The rationale behind this shift lies in the inability of the price to breach bearish order...
natural gas support and resistance on chart trade plan - short natural gas target support area show on chart then buy on support area target resistance area show on chart
An extremely busy chart with a simple notion that wave 1] is likely to be done and we are going through a correction that might prove to be flat considering the wave structure so far.
NATGAS Long. My targets for the TP levels are seen in the chart.
Nat Gas Bulls cant seem to find any momentum continuation. Lots of chop and slop is forming on the daily chart. This choppy action could be shaping up for a new low after we get tag the next resistance.
The weakness in the NATGAS (natural gas) price has surprised many analysts, including ourselves, to be honest. Nevertheless, we anticipate that the natural gas price is currently undergoing an extended bottoming phase, and a near-term increase can be expected. While targets beyond 4,000 may be overly ambitious, the range around 3,280 seems at least achievable...
Hello,Traders! NATGAS is going up now And we are seeing a Bullish breakout of the Key horizontal level Of 2.486 and the breakout Is confirmed so I think That we will see a further Move up after the market opens Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Though my base case scenario is a contracting diagonal, I am also considering more extreme options to stay open-minded. Technically it would be the same.
Working our way through the leading diagonal formation. If everything goes as planned, this will create a fantastic opportunity in early 2024.
Natural Gas saw a larger drawdown from inventories this week. Nat Gas had a higher weekly close! Stage 2 basing formation is still in play!
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Natural gas forming a butterfly pattrn and is heading towards its monthly lows. keep an eye
CAPITALCOM:NATURALGAS Hey Folks ! I have shared all the expected important levels for the week . Club these levels with your existing trading strategy and experience. Hope You have profitable week.