Natgaslong
Risky Long From Trendline NATGASFollowing the substantial decline in price today, it is expected that we may see a retracement. This is a common occurrence after a large price movement and is often an opportunity for traders to enter the market or adjust their existing positions. It is important to carefully analyze the price action and consider multiple factors, such as market trends, fundamental analysis, and technical indicators, when making any trading decisions.
NATGAS JUST CROSSED VERY POWERFUL LEVELPEPPERSTONE:NATGAS
Hi!
I've been trading in last 2 months very actively NATGAS.
I have noticed there is very powerful level which we just crossed again. If 4h candle stay above then according to historical data we should have strong move up.
Apart of this we have news about cold weather hitting Europe. So let's see.
I'm long from friday and SL way above in profit but Im looking for adding more to my position.
Under the actual price is sitting volume spike where we could rebounce even we had such a big move after todays opening.
If not then I will look for entries for long. I'm not interested in short at the moment even I had most of my good profits from shorts.
Good luck!
M
This is not any financial advise, always check the market before entering any position and like it if you find it useful
NYMEX:NG1!
SKILLING:NATGAS
NATURAL GAS NEAR DEMAND ZONENatural Gas has seen a sharp fall within past few weeks from 9.051 to 5.480 within 7 to eight weeks only. This is more than 35% fall. Now it has reached near the major support zone where there was high demand during the July month, we can buy Natural Gas now and aim for 6.508 price level
Apr 26, 22 NG-Time to ride it up?I put in a Buy Order at 6.9 as I just read that Russia is going to turn OFF the gas deliveries to Poland starting Wed Morning.
I am expecting NG to go up with NG in Europe as Poland will have to get it's supplies from other countries - like the U.S. maybe?
We shall see but maybe I can make some money back on what I lost last month :-)
Stay safe!!
Heiko
NATURAL GAS 📉📉📉Expecting bullish price action on this pair but simply on a fundamental reason, price tapped on 7.0$ institional figure taking out some retail stops below this price area and for now we are going for the ATH - ALL TIME HIGH.
What do you think ? Comment below..
USGAS TAKE PROFIT HIT 📉📉📉📉 I CLOSED ALL TRADES IN PROFIT ON USGAS, we are still bullish on this asset from a fundamental/tehnical analysis context. My last target for this asset is 6.0,i think we will go there but not before price makes a retracement back into 5.0 institutional figure H4 Imbalance + bullish orderblock area.
What do you think ? Do you agree on my analysis ?
NatGas: Like a Balloon🎈Like a balloon, NatGas is floating further and further upwards from the support at $3.536. Although every now and then, there may be some gusts of wind temporarily disrupting the upwards surge, we expect that NatGas’s general tendency is to rise higher. However, as it is usually the case with balloons, they can lose air or burst. Accordingly, there is still a 45% chance that NatGas could fall below $3.536 and make a detour through the magenta zone between $3.360 and $1.994 before flying upwards again.
NatGas: Ants in Its Pants 🐜🐜🐜NatGas seems to have ants in its pants, seeing that it has been fidgeting above the orange zone between $3.982 and $4.464 during the last weeks. As it has botched its first attempt to move upwards after finishing wave 2 in green, we expect NatGas to try for a second time. It should then rise into the green zone between $5.856 and $6.214 to complete wave 3 in green. After a moderate correction in wave 4 in green, NatGas should resume the ascent and climb above the resistance at $6.466. If its antics have sapped NatGas’s energy too much, though, there is a 40% chance that it could drop below $3.536.
Mar 8, 22 NG Go LONG (Buy Order)After Bidens announcement I put in a Stop Buy Order at 4.6 to see if price action would come up once 9:30am hit - Sure enough it took less than 15 minutes.
This of course is all due to Biden, who later today is said to ban Russian imports and/or the purchase of Oil and NG from Russia. This could put a supply issue into the world which will push the price of both up.
I am hoping to ride this price action back up to the 5 mark for some nice profits.
I will keep you updated.
Heiko
Natural Gas (NYMEX) - Weekly UpdateNatural Gas - Weekly
Bottom Line : "Big-picture" Bullish.
Repeating : The higher probability view is to label the Primary wave ((C)) decline as an ending diagonal to complete Cycle y . Ending diagonals are terminal structures. They are typically followed by swift reversals that retrace the entire length of the pattern. There’s not enough historical price data to confidently assess the wave degrees above Cycle, but a multi-year rally from the Cycle wave y low is likely to retrace the bulk of the decline from the 15.78 all-time high set in 2005 .
NATURAL GAS INTO 5.50 - 6.00 📉📉📉📉 Expecting bullish price action on NATURAL GAS as we have fundamental reasons behind a strong bullish move the war between Ukraine-Russia + sanctions that will affect the supply/demand of this asset, another fundamental reason why price will go higher way above 5.0 is because we have a BULLISH MARKET SEASONALITY till July.
From a technical perspective institutional figures 4.0 - 4.50 keeps the price bullish, we have a clear bullish market strucutre just be patient and ADD LONGS.
What do you think ?
NATURAL GAS LONGS 📉📉📉📉 Expecting bullish price action on this asset as the price of natural gas should rise from a seasonality point of view, we have a bullish market strucutre on H4/D1 timeframe as price keeps making higher highs and lower highs during the move, i will switch my bullish bias only if price will close bearish below the 4.0 area which is a important institutional level.
What do you think ? Comment below..
NatGas: Itsy Bitsy Spider 🕷The itsy bitsy spider climbed up the waterspout.
Down came the rain
And washed the spider out.
Out came the sun
And dried up all the rain
And the itsy bitsy spider climbed up the spout again.
Everybody knows this nursery rhyme, but for us, the lyrics go like this:
Itsy bitsy NatGas climbed up to the green span
Down came the rain
And with it NatGas ran.
Out came the sun
And dried up all the rain
And itsy bitsy NatGas started to climb again.
Or in other words: NatGas has risen up to the bottom of the green zone between $5.579 and $5.811 to finish wave 5 in green and wave i in orange. From there, it fell down dramatically until the bottom of the orange zone between $4.464 and $3.982, where it completed wave ii in orange. However, NatGas has already started to climb up again and has made it above the orange zone so far. We expect it to continue its ascent until the resistance line at $6.466 and to soar higher still. To implement our primary scenario though, NatGas must not fall below $3.536, otherwise it would drop further. We have estimated a 40% chance that this could happen.