NATURAL GAS
NATGAS: Long Trade Based On Structure
potential harmonic bullish gartley pattern formation on natural gas .
entry based on a strong horizontal support level .
Entry - 2.25
Stop - 2.1
T1 - 2.45
T2 - 2.60
NATGAS: Long Trade Based On Structure
potential harmonic bullish gartley pattern formation on natural gas.
entry based on a strong horizontal support level.
Entry - 2.25
Stop - 2.1
T1 - 2.45
T2 - 2.60
NATGAS bounced from support, potential for a further rise!
NATGAS bounced off 2.410 where it could potentially rise further to 2.660.
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NATGASUSD bounced from support, potential for a further rise!
NATGASUSD bounced off 2.410 where it could potentially rise further to 2.660.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
NATGASUSD bounced from support, potential for a further rise!
NATGASUSD bounced off 2.450 where it could potentially rise further to 2.660.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
NatGas Positional Buy Oppurtunity!!Natural Gas is at the Support Level. It can be a good opportunity to open buy at this level with minimum stop loss and maximum profit.
Use your Own Risk Management.
Natural Has Potential Head & Shoulders pattern. Could this be the long-awaited Head & shoulder pattern for the reversal of Natgas for the potential jump to 3.5$?
Well, we never know that but keep this pattern in mind. We are Bullish today if we see any candlestick confirmations.
Elliot triangle waveBroadening bottom.
Still in awkward position but I'm bull biased based on harmonic patterns.
Commercials are heavy long NGI was wrong on my last idea, NG went on and dropped lower. Trend remains down until we see a close above 2.33 then 2.48. Commercials are heavy long at levels not seen since 2016. Seasonality is bullish from now to Nov-Dec. we just need to see a sustainable rally to bolster the idea of a bottom for the year.
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NATGASUSD bounced from support, potential for a further rise!
NATGASUSD bounced off 2.450 where it could potentially rise further to 2.660.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
NATGASUSD reversed from resistance, potential drop!
NATGASUSD reversed off its resistance at 2.660 where it could potentially drop further to 2.450.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NATGAS approaching support, potential for a further rise!
NATGAS approaching support at 2.450 where it could potentially rise further to 2.660.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Natgas Bear count @cryptoknee #elliottwave#cleanchart $natgas cleared the notes for this possible bearish count, thinking trunc 5th of the C and down we go, which goes against it bout to be winter and all... but do we have a surplus? the 2 of the 3 aint the clearest but got aways for the 2 to develope #elliottwave
NATURAL GAS AT SUPPORTHey traders,
Natural gas experienced a huge retrace today after forming a higher high in this mini uptrend.
Let's wait and see what price does at S/R before making a decision.
If we get a nice bullish confirmation then I will have a long bias.
NatGas - Siberian Express"Arctic blast could break 200 records as historic 'Siberian express' brings cold front"
This is what I was waiting for.
We printed a daily key reversal today. I 'm posting this idea today because I think a long entry today or early tomorrow will be profitable in the following 2-3 weeks.
On the 11th of October we printed a DCL . The first daily cycle was 49 days long. Natty after the ICL usually has longer 70-75 days long dcl so this one was an exception.
After a short daily cycle the chance is high we get a longer daily cycle but even if we have a normal cycle it will be 70-75 days long.
The peak here should come between day 30 and 40 (or if this is a long cycle then day 45 is possible) so I'm expecting a daily cycle top between 25th November and 16th December.
Tomorrow we have the NatGas storage data. I think as the weather turned cold the data will be very bullish again and it will push natgas above 2,8 tomorrow or Friday.
If you take a look at the bigger picture :
you can see that the last few days' drop was just the backtest of the 200 SMA and the break of 2,9 easily can push Natgas up to 3,8 by middle of December if the weather turns cold.
The 50 and 200 MA is crossing over , and RSI left the oversold territory.
NATURAL GAS : EARLYNatural gas is now at one of historically low levels.
And it's very close to the dynamic fractal level of 2,136.
I think it shouldn't mislead anyone if the weather gets cold for long position. (At least now.)
Technically we are in the bear market now.
If it falls below fractals, short can be considered.
I don't see anything worthwhile as a risk / reward ratio at least for now.
But the bull market will be very violent and like an explosion.
I hope we catch it.
NATURAL GAS : LONGIn my previous analysis, I said early for trade.
I think it can be tried now.
Because there is a negative appreciation of the pair independent of the general economy.
That's why I said in my previous opinion that the ascension could be very powerful.
Maybe this is the right time.
We should stay in the game, but taking a reasonable risk from our capital.
I think this risk is taken to this gain with small position size.
STOPLOSS : 2.253
TARGET : 3.61
