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Natgas

NATGAS MKT UPDATE: 1st TP HIT +50% CONGRATS TRADERS (UPDATED)Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates NATGAS MKT UPDATE: 1st TP HIT +50% CONGRATS TRADERS (UPDATED) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. TP1 Hit +50% gains click play to recap original trade setup posted on June 30th 2022. NATGAS WK: 250%+ gains BEST level to BUY/HOLD (SL/TP)(SWING) 🔸 Summary and potential trade setup ::: NATGAS weekly price chart review ::: chart looks strong / favors BULLS ::: natural gas STRONG BULL MARKET ::: 200% upside from current level ::: massive breakout in progress ::: expanding triangle bottom formation ::: we just got a clean breakout of the pattern ::: best strategy: BUY DIPS / ACCUMULATE DIPS ::: best reload BULLS: 4.50-5.50 USD range ::: TP bulls is 250% gains final TP 14-15 USD ::: we are currently entering commodities super cycle ::: prices are set to increase 100-300% over next 24 months ::: speculative setup always do your own due dill ::: fresh liquidity will be targeted by BULLS ::: BUY/HOLD setup do not expect miracle/fast gains 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS/SUPERCYCLE ::: Sentiment outlook short-term: BEARS/PULLBACK RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
NLong
by ProjectSyndicate
6
Natural Gas, Cup & Handle or RSI Bearish DivergenceAt this point I am not sure what is going on with this chart... One thing is obvious... there are some big entities behind these massive moves, it is most likely governments or big funds like BlackRock or alike. Retails are getting crushed on this ticker! On one hand there is demand for winter, and on the other hand the supplies are getting filled for THIS winter in Europe. If you plan for trading this ticker, be extra cautious. I am sure that in the long run, we will go sub $6 ... but the timing is not so obvious.
CAPITALCOM:NATURALGAS
by GoatOfWallStreet
NatGas: Energizer Bunny 🐰🔋🔋A certain fondness for pink is not the only thing, NatGas and the marketing mascot have in common. Both, NatGas and the mechanical toy rabbit, are also full of energy. NatGas has steadily been climbing upwards from the pink zone between $7.435 and $8.320 and has already finished wave (i) as well as wave (ii) in turquoise. Now, we expect it to rise above the resistance at $9.600, heading for the turquoise zone between $10.796 and $11.327 to complete wave (iii) in turquoise. There remains a 35% chance, though, that NatGas could lose steam and could decide to make a detour below the support at $6.898 first before resuming the ascent.
NYMEX:NG1!
by MarketIntel
NATURAL GAS testing the 1D MA50 support.It has been almost 1.5 month since we last updated our Natural Gas (NG) thesis: As you see the symmetry within this long-term Bullish Megaphone worked perfectly and our sell hit the 1D MA200 (orange trend-line) - 1D MA300 (green trend-line) Support Zone and rebounded. If you took that last buy and you haven't booked profits already, it may be a good time to do so if the current Support on the 1D MA50 (blue trend-line) breaks. The reason is the Double Top formation created on the July 26 rejection. If the 1D MA50 breaks, target again the 1D MA200 at least. This long-term pattern has been very consistent and there seems to be no reason to change that until it breaks either direction. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
NYMEX:NG1!Short
by TradingShot
1
$NGAS: Natural gas can go 90% higher from hereIt's clear Nat Gas can gain traction fast here, I'm long since yesterday, via $UNG shares. Looking to add an options position here, since weekly charts are now bullish, I pre-emptively took a trade based on a daily signal, speculating on the weekly and eventually monthly kicking off. I commented about it in the Key Hidden Levels chatroom here and offered it to my clients as a signal as well. With last night's shelling of a nuclear plant, escalation seemed likely, and the next step could be to enact sanctions on natural gas exports, which could deal a blow to supply and create a dramatic move to the upside as a side effect. Fundamentals aside, reward to risk and probability are on our side, so it's a good idea to get some decent exposure here. Cheers, Ivan Labrie.
NYMEX:NG1!Long
by IvanLabrie
1
Tourmaline Oil - Beauty to Beast and Beast to BeautyTourmaline's pullback from it's $80 all time high and its bounce off the previous all time high is simply not deep enough, as evidenced by today's stop run over the June monthly close, which also produced one of those very credible "head and shoulders" patterns, on the back of the maniacs in the Natural Gas market running a monster short squeeze that ruined a lot of Q2s for "hedge funds." WTI and NatGas are going to dump. Stocks are going to dump. It's not going to be a very pleasant period of time. But, natural gas and oil are something that the ruling regime cannot do without, because transportation and electricity rely entire upon them. Oil is going to set a new all time high, and so is natural gas. They will do it at the same time, as the middle class is already experiencing maximum pain. This will give the central banks the handle they need to increasingly tighten, in addition to giving the Marxist-Leninist globalists a pretext to install social credit digital identification for the sake of fuel rationing. Don't believe? Google Sri Lanka fuel rationing QR code & Ireland oil shortage war game. Anyway, for Tourmaline, this Alberta gem is apt to give you a fine buying opportunity as commodities dump and the stock market crashes under $55 and $50. The target is simply $100+. With stops below the July 2021 highs of $35, you get an RR of 4. Oil and natural gas, when they bounce, should be painfully brutal to bears. The situation should go parabolic, but it won't go all that high, and it won't go for all that long. Think about what gold did when it set a new all time high, but faster, and for less time. After the Party is over, the lights turn on and the music stops. Everyone will find a lot of vomit and trash to clean up, and it won't feel so fun and you won't feel so good with all that hangover and tab to pay, so make sure you sell your portfolio at the highs and buy your family something nice. The best thing you can do is capitalize on your investment, put your wealth into something classical like gems, silver, gold, and prepare to return to tradition and prepare to cultivate yourselves.
TSX:TOULong
by LordWrymouth
NATGAS D4: 250%+ gains BEST level to BUY/HOLD (SL/TP)(UPDATE)Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates NATGAS D4: 250%+ gains BEST level to BUY/HOLD (SL/TP)(UPDATE) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: NATGAS 4days/candle price chart review ::: BOUNCE hard from my zone ::: running PNL +55% since my update ::: congrats if you followed original setup ::: chart looks strong / favors BULLS ::: natural gas STRONG BULL MARKET ::: 200% upside from current level ::: massive breakout in progress ::: expanding triangle bottom formation ::: we just got a clean breakout of the pattern ::: best strategy: BUY DIPS / ACCUMULATE DIPS ::: best reload BULLS: 4.50-5.50 USD range ::: TP bulls is 250% gains final TP 14-15 USD ::: we are currently entering commodities super cycle ::: prices are set to increase 100-300% over next 24 months ::: speculative setup always do your own due dill ::: fresh liquidity will be targeted by BULLS ::: BUY/HOLD setup do not expect miracle/fast gains 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS/SUPERCYCLE ::: Sentiment outlook short-term: BEARS/PULLBACK RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
NLong
by ProjectSyndicate
18
Natural gas: Will Russia's supply cuts lead to new price highs?The price of natural gas has been going up and down like a roller coaster over the past month. After suffering a severe 45% drop between June 8 and early July, US Henry Hub prices have risen nearly 80% since July 7, recouping all the losses. What's going on in the natural gas market? Russia is squeezing gas supplies to Europe via the NordStream (NS1) pipeline, pushing EU Dutch TTF prices above €190/MWh, approaching the record high reached in March. Gazprom , the Russian energy giant, has announced that it will reduce NS1 daily flow to 33 million cubic metres, or about 20% of its capacity, citing problems with the pipeline's turbines. This puts at risk the region's goal of filling 80% of its storage capacity before winter. According to recent Bruegel calculations, Europe may run out of gas in storage this winter if demand is not reduced. Such supply concerns prompted EU members to sign an agreement to cut their gas consumption by 15% over the next six months. The worsening of the European gas crisis prompted a rush for supplies from other major producers, such as gas LNG from the United States and JKM from Asia. These markets are near full capacity for gas exports to Europe, so prices are rising and we may not have seen the peak yet. From a technical standpoint, price momentum is pushing upward. Nine of the most recent ten sessions ended in the green, a streak that hadn't been seen since late March/early April 2022. The RSI is now approaching overbought territory (70), but it may still have room to decisively break through this level. The June bearish divergence thesis, based on rising prices/falling RSI, is now invalidated, showing that fundamental factors dominate technical considerations in the current natural gas market.
CAPITALCOM:NATURALGAS
by Capitalcom
Jul13, 22 NG NOW time to sell, again?So it looks like I was a week early - my Sell order at 6 is still in and I put in another Sell Order for 6.5 as a pyramid order to take advantage of higher prices. I will be watching as the week progresses to see if price action goes way up past 6.5 or not. If price does not pass the red line of the Alligator then I should be fine and price action will come down. If I'm right, then this also means that the Jul 12th candle will become a fractal so that should be the high point. Anyway, recession fears are in so as soon as everyone starts to freak out, price action will drop as no one anywhere will be going out and spending any money, so no demand. Stay safe. Heiko
NYMEX:NG1!Short
by HEIKOTradingSystem
2