📈🚀 Bullish on NATGAS! 🌟
Hey everyone! 🙌 I’m analysing about natural gas right now! Here’s why I’m bullish:
Strong Support Zone: Found a solid support zone on the daily timeframe from around $1.5 to $1.9. This is where buyers have been stepping in recently, which is a great place for purchases! 🛡️💪
First Target (TP1): My first resistance zone (where I’ll take some profit) is between $3.4 and $3.7. This is where we might see some selling pressure, but if we break through, it’s gonna be a breakthrough! OBVIOUS?10000%!! 📈💰
Second Target (TP2): The next resistance zone is from $4.9 to $5.3. If NATGAS hits this, we’re in for a big win! 🚀💵
What happens next? Only God knows!
🔍 Okey, short story about what is backing up my theory:
Increasing Demand: With hotter weather and rising electricity use, natural gas demand is up! More AC means more gas! 🌞🔌 And don't forget about the upcoming winter ❄️🔥; heating needs will push demand even higher!
Supply Concerns: Global tensions with Russia, the Middle East, and Trump assassination affect supply chains. Issues are keeping supplies tight, which is driving prices higher. 🌍📉
Green Energy Shift: Even as we move to greener energy, natural gas remains a key player as a cleaner alternative to coal and oil. Your friend’s Tesla won't work without coal, oil, or gas! 🌱⚡
Overall, NATGAS looks super promising right now. Let’s keep an eye on it and ride the wave! 🌊
#Trading #NatGas #Bullish #Stocks #Investing #SupportAndResistance
Feel free to share your thoughts or ask questions! Let’s make some gains! 🤑🚀
Hey everyone! 🙌 I’m analysing about natural gas right now! Here’s why I’m bullish:
Strong Support Zone: Found a solid support zone on the daily timeframe from around $1.5 to $1.9. This is where buyers have been stepping in recently, which is a great place for purchases! 🛡️💪
First Target (TP1): My first resistance zone (where I’ll take some profit) is between $3.4 and $3.7. This is where we might see some selling pressure, but if we break through, it’s gonna be a breakthrough! OBVIOUS?10000%!! 📈💰
Second Target (TP2): The next resistance zone is from $4.9 to $5.3. If NATGAS hits this, we’re in for a big win! 🚀💵
What happens next? Only God knows!
🔍 Okey, short story about what is backing up my theory:
Increasing Demand: With hotter weather and rising electricity use, natural gas demand is up! More AC means more gas! 🌞🔌 And don't forget about the upcoming winter ❄️🔥; heating needs will push demand even higher!
Supply Concerns: Global tensions with Russia, the Middle East, and Trump assassination affect supply chains. Issues are keeping supplies tight, which is driving prices higher. 🌍📉
Green Energy Shift: Even as we move to greener energy, natural gas remains a key player as a cleaner alternative to coal and oil. Your friend’s Tesla won't work without coal, oil, or gas! 🌱⚡
Overall, NATGAS looks super promising right now. Let’s keep an eye on it and ride the wave! 🌊
#Trading #NatGas #Bullish #Stocks #Investing #SupportAndResistance
Feel free to share your thoughts or ask questions! Let’s make some gains! 🤑🚀
Trade active
Bullish on NATGAS! 🌟 (Update)Hey everyone! 🙌 I’ve been tracking Natural Gas since mid July, and there’s still a lot to be excited about. Let’s dive into what’s happening now:
Current Price: $2.841 as of September 24th! 🔥
Strong Support Zone:
The support zone I mentioned earlier (from $1.5 to $1.9) held up perfectly! We’ve seen buyers step in just as expected, and prices have rallied since. This remains a solid zone for new entries or accumulation! 🛡️💪
First Target (TP1):
We’re closing in on the $3.4 - $3.7 resistance range! This is where some selling pressure could occur, but if we break above, a major breakthrough is coming. 💰
Second Target (TP2):
Next, we’re still eyeing the $4.9 - $5.3 range as a key resistance zone. Breaking into this range could signal a huge move upward, and it’s our big win target! 🚀💵
Trade closed manually
Update for the First Target (TP1) - target reached! 60% of position closed; stop moved to BE.Let's see what happens next.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.