NATURAL GAS – Week 15 – Testing the support.In our previous analysis, we anticipated that Natgas will break the resistance area, but instead, the price decided to make a deeper pullback and closed the week almost where it started.
For this week, we expect the price to make a second attempt and head towards the resistance area, having a great chance to break it. If the price will be rejected at that level, there is a good chance that will head towards the support level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
NATURAL GAS
NGAS - Week 14 - Analysis and ThoughtsThe analysis to the down-side is working out, and price-action is confirming more down to retest lows. From a pattern perspective, breaking the lows will result in a 'regular flat' structure.
The worrying trend that I see is that volume is decreasing while the price is going lower and lower, this is not an indication of selling strength, and therefore, I will be monitoring the price closely when we retest the lows.
NATURAL GAS – Week 14 – Important resistance ahead.In our previous analysis, we correctly anticipated that Natgas will reach the resistance area.
For this week, we expect the price to correct above the orange trendline and make another attempt to break the resistance zone.
If the price will be again rejected at that level, it may come back down and test the support area.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
NATURAL GAS – Week 13 – Bulls vs. BearsLast week, we correctly anticipated that Natgas will head towards the orange trendline, but unfortunately, it started to move sideways underneath it.
For this week, we find ourselves at a decisive point. If we break the orange trendline first followed by the resistance area, then we will grow confident that we can soon witness a retest of the previous $3 high.
If not, the price may continue to break the low again and drop towards the support area.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
NATURAL GAS – Week 12 – Indecision territory.Natgas ended the week exactly where it started it. The price moved slowly, breaking our previous support area, but at the end of Friday’s trading session, it started to increase.
For this week, we will grow confident of an uptrend if we break the resistance level together with the orange trendline and consolidate above it. If not, the price may continue to drop towards the support area.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
TARGET HIT @ 40.96 for 17.43% Profit in 49 days. TARGET HIT @ 40.96 for 17.43% Profit --- Yikes, long hold for 17.43% (49 days) but hey, natty is like that sometimes and other times you can get 17% in two days, so no complaints here.
I took profits today. . . The target was set when I bought it 49 days ago.
GL to those who sell higher…
NATURAL GAS – Week 11 – 2 scenarios in play.As forecasted in our previous analysis, Natural Gas continued to consolidate, reaching the support area located at $2.6.
For this week, we will study two scenarios:
1. Blue arrow scenario: If the price breaks the resistance and the orange trendline, we gain confidence that we will re-test the $3 area.
2. Orange arrow scenario: If the price continues to move correctively around this area and breaks the support, there is a high chance that we will be heading towards the orange dashed line.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
NATGAS over a weekly support 🦐NATGAS has now reached the weekly support near to the 2.600 area over an ascending weekly trendline.
The market is moving inside a minor descending channel and currently testing a minor resistance.
According to Plancton's strategy if the price will break above and the conditions will be satisfied we can set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NATGAS D1: BEST level to BUY/HOLD 50%+ gains(SL/TP)(NEW)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 D1: BEST level to BUY/HOLD 50%+ gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: NATGAS daily chart review
::: chart looks strong / favors BULLS
::: XABCD speculative setup
::: point C/reversal near 2.45 USD
::: BULLS should wait for strong reload zone
::: best strategy: BUY LOW after pullback/correction
::: best reload BULLS: 2.45 USD point C
::: TP bulls is 50% gains near 3.60 USD
::: stop loss 5% max
::: 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
::: 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.
NATURAL GAS – Week 10 – Bullish trend to resume.As forecasted in our previous analysis, Natural Gas continued to consolidate, breaking the $2.70 support.
For this week, we anticipate the price to drop towards the $2.6 area, which coincides with an important support area. Based on the market structure and the divergence formed in our RSI indicator, we expect the bullish sentiment to return soon and drive the price towards the $3 level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Gas Long SetupGas Long Setup
🔵 Entry: $2.740
🟢 TP & RR: $2.890 (2.14)
⛔ Stop Loss: $2.670
Trade Reasons:
✔️ Oversold Level Market Flow
✔️ Diagonal Trend Line Support
Natural Gas- Follow up of prev. video, the part that was mutedFollow up of previous video, the part that was muted where i talked about natural gas. 27.02.2021 Shout out to Miss S
***what i was was saying last minutes of the video. with the triple box set up. if it breaks and doubles lower it can close the gap lower or breakhigher and double higher. at the moment all i really see and say in an objective point of view is:
1. is a buying tail that closed above support and into the ranging box of a failure to break lower
2. it hit a 1.272 and made it into a buying tail
and the range did hold for a few weeks now, maybe another attempt higher to top of the box might not be bad idea
cons i have in mind is that is a big gap lower, if it dobles down to close the gap, there are buyers
NATURAL GAS – Week 8 – Pullback on the radar.In the past week, Natural Gas started a sideways move that we will expect to continue at least in the first few days of this week.
Based on our analysis, we foresee a price pullback towards the support area highlighted on the chart in order to sustain a further bullish momentum that can push the price towards the $3.20 level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Gas Long SetupGas Long Setup (refer to the setup marked with "2")
🔵 Entry: $2.704
🟢 TP & RR: $2.898 (3.4)
⛔ Stop Loss: $2.647
Trade Reasons:
✔️ Support level
✔️ Close to the 0.618 Fib retracement
✔️ Diagonal trend line within ascending channel
📝 A few things to note here:
1. Seeing how price action develops, you may close the trade setup suggested yesterday (marked as 1). You should end up with a tiny profit or break even (depending on the comission you pay). The current candle formation does not look promising for a long setup. Alternatively, trial the SL up as soon as/if price starts moving up.
2. I personally avoid having open positions near my entry level before the weekend, especially if that weekend happens to be the end of the month. So for me, this is a disproportionate risk.
3. Setup marked as "2" is the order I will be looking to open if price retraces to that level. The Stop Loss is not ideal, as I think it should be slighly under the 0.618 level, but I leave this up to you. Your RRR will decrease in proporiton to the distance to your SL.
Gas Long SetupGas Long Setup
🔵 Entry: $2.81
🟢 TP & RR: $3.04 (1.71)
⛔ Stop Loss: $2.67
Trade Reasons:
✔️ Reaching lower trend line
✔️ Reaching support level
✔️ Market Flow indicator printing small divergences in the oversold area
📝 Not a great RRR, but the SL is positioned at a very safe level below the diagonal trendline and the recent lowest low. If price bounces off that level I will be quick to trial the SL so that I minimize exposure and lock in some profits.
$KOLD Entry & TargetAlright, I've been holding this one for a minute... but the plan holds... My average is 34.88... and my target is 40.96 for 17.43%
NATURAL GAS – Week 7 – The price is ranging.As we predicted in our past analysis, Natural Gas started a sideways move which will continue at least in the first few days of this week. This corrective move will sustain further bullish momentum that we anticipate to push the price towards the next resistance level that is located around $3.20.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Nat. Gas. - LONG; Get ready to buy it up!Like the title says... This is a Buy here.
Here is the daily
