Natural Gas LONG TERM TRADE analysis Hello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NATURAL GAS
Elliott Waves: Natural Gas case study
Overview:
Since the significant bottom in June 2020, Natural Gas embarked on a compelling journey, forming a fresh impulse that concluded around the highs of August 2022 as Wave I in the Cycle Degree. The subsequent phase witnessed a corrective move, labeled as Wave II on the weekly timeframe, comprising three subdivisions: ((A)), ((B)), and ((C)). The current focus is on the ongoing Wave ((C)) on the Daily timeframe, expected to unfold in five subdivisions: (1), (2), (3), (4), and (5). Within this framework, Wave (1) to (4) are complete, and attention now turns to the unfolding of Wave (5) on the Four-Hourly timeframe.
Current Structure:
On the Four-Hourly timeframe, Natural Gas is in the process of forming Wave (5), consisting of Wave 1, 2, and the ongoing development of Wave 3. The details of Wave 3 are further observed on the Hourly timeframe as finished wave ((i)) & ((ii)) and now possibly we are unfolding Wave ((iii)) of 3 of (5) of ((C)) of II.
Elliott Wave Principles:
Corrective Structure:
Wave II is corrective, manifesting as a complex correction with three subdivisions, labeled ((A)), ((B)), and ((C)).
Impulse Formation:
The primary upward movement from June 2020 to August 2022 represents an impulse, characterized by a sequence of five waves.
Subdivision Details:
Each wave and subdivision unfolds according to Elliott Wave principles, maintaining the structural integrity of the overall pattern.
Learning Points:
Analyzing Market Cycles:
Elliott Wave Analysis serves as a valuable tool for understanding the cyclical nature of markets, providing insights into the psychology of both buyers and sellers.
Trend Anticipation:
Corrective waves within the Elliott Wave framework offer a strategic opportunity to foresee potential trends—whether they signify a resumption or reversal of the existing trend.
Elliott Wave Analysis is a tool to decipher market cycles, offering insights into the psychological dynamics of buyers and sellers.
Corrective waves provide an opportunity to anticipate trend resumption or reversal.
The principle of non-overlapping waves helps identify the structure of the market move.
Validation and Risk Management:
The integrity of this Elliott Wave structure is contingent on Wave II not surpassing the low of Wave I, identified at $1.440. A breach of this level would invalidate the current wave count.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
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However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NATGAS LONG TERM TRADE analysHello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NATURAL GAS - Only Way Is Up!From a technical standpoint, Natural Gas is currently at levels where there's very very limited downside and major potential for upside.
Many times when we've seen prices come to these lows, price shot up hundreds of %. It's unlikely that we'll hit 0 and therefore balance of probability suggests that going Long on Natural Gas would be a good bet!
Trade Idea:
- For a safe entry, enter on break of the red trendline
- For a risk entry, look for buying opportunities anywhere between the region of 1.6 and 1.8
- stops below lows after the red trendline breaks
- Targets: 3.5, 6, 10
Goodluck and as always, trade safe!
Natural Gas Futures Bullishly Diverging at a Bullish Bat PCZNatural Gas Futures aggressively gapped down into support during the first hour of this week's trading and looks to be ready to form some MACD Bullish Divergence leading into the rest of the week. I think there is a good chance that Natural Gas at least undoes this decline and rises back up to $2.5 this week, but overall if this ends up being a major bottom I'd expect it to pump well into the mid to upper 3 dollar range.
Natural Gas - Elliott Wave CountNatural 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! FXOPEN:XNGUSD FOREXCOM:NATURALGASCFD
NATGAS LONG TERM Buying TRADE analysisHello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Natural Gas - Keylevels - DailyNatural Gas remains in a downward trend, we are getting closer to winter, and demand will increase.
Why doesn't the price increase more?
Or...why doesn't the price increase according to your expectations?
Simple..
The story of the war has calmed down and the FUD on prices has decreased and in addition to that, the main factor is that in several countries in EUROPE, the price of gas is capped, so that regardless of demand and supply, the price on the bill remains the same .
My opinion is that if this winter we see Natural Gas between 4-6 dollars, it would be advisable to mark our profits and wait for next year.
BOIL: Spring and Backtest with Hidden Bullish Divergence BOIL is preparing to shift out of the range as it Bullishly Diverges on the MACD during its spring and backtest and shifts out of the lower RSI Extremes.
We may just get a move to $90 and call it there, but I do think it's possible to see the $150s if this setup truly does result in the absolute bottom.
Natural Gas - Elliott Wave Count UpdateNatural Gas - Elliott Wave Count
this is an update to the previous view.
Today, the market reached a new low after a few consecutive days of decline. The current reversal appears to be the start of wave C of 4. However, it is best not to rush into buying at this moment. We can anticipate another low after the completion of wave 4, which will be an excellent opportunity to buy for a significant gain.
Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.
CAPITALCOM:NATURALGAS MCX:NATURALGAS1! FOREXCOM:NATURALGASCFD PEPPERSTONE:NATGAS CITYINDEX:NATURALGASCFD MOEX:NG1! NYMEX:NG1! VANTAGE:NG
Natural gas - UpdateNatural gas - Elliott wave count
Weekly chart seems like bearish which is completely opposite to our view which we posted earlier.. this bearish view also possible so better be careful or atleast wait for some good reversal signal to take buy.
This is an update to the previous view posted.
$KOLD one more leg up? Short Natural gas for 100% gain?Really liking the look of the AMEX:KOLD chart.
We've largely been in sideways consolidation since early February and with the recent test of the bottom of the structure, KOLD looks poised to move higher.
I bought throughout the day today with the average entry at $61.23. I'm looking for around 100% move to the upper resistance.
Risks:
- A reversal that goes through the bottom support of the structure
- 1 more retest of the bottom of the structure before the real move starts (if that happens, I'd be looking at price action having a tough time making it through $72 leading to a reversal).
Reward:
Upside 100% with an exit at $123.29
NATGAS LONG TERM TRADE analysisHello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NATGAS LONG TERM TRADE BUYINGHello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NATGAS LONG TERM TRADEBUYINGHello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts