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NATURAL GAS

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.
OANDA:NATGASUSDLong
by chartwatchers
24
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.
OANDA:NATGASUSD
by Noldo
1
NATGAS reversed from resistance, potential drop! NATGAS reversed off its resistance at 2.785 where it could potentially drop further to 2.600. *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.
OANDA:NATGASUSDShort
by Pepperstone
NATURAL GAS WEEKLY ANALYSIS - NEW HIGH FORMEDHey traders, This is a broad overview of Natural Gas on the weekly time frame. As we can see on the chart price has formed a new higher high confirming this minor uptrend. Price reached the target area that I was looking at in my last analysis. With fundamental analysis, a colder than projected winter, this should lead to an increase in natural gas prices. Look for a minor retrace to go long. Simple price action and trades will lead to simple profits. Daily trade analysis and ideas: Telegram: t.me Facebook: www.facebook.com Twitter: forex_dojo Instagram: www.instagram.com Website: www.forexshinobi.com Tiktok: @forexshinobi ForexShinobi.
OANDA:NATGASUSDLong
by FXShinobi
NatGas - I know what you bought this summerA few important happenings in NatGas today, so I decided to update. First of all the first daily cycle is right translating: From this point we can be sure : ICL was on the 5th of August. The probability is high we printed a multi year low ( probably a 3 year cycle low) I've mentioned this in a previous idea: The first daily cycle low occured on the 11th August: The first daily cycle run for 49 days with a peak on day 31. We are day 17 today. We are still early in this daily cycle and already broke above the 200 SMA. The second daily cycle usually run for 60 days and the peak usually comes on day 40-45. So we have minimum 2 maybe 4 more weeks before this daily cycle tops. After the 2nd daily cycle i can predict how far this whole intermediate cycle can rally. This might be the best 3 weeks in NatGas this year . Noone can predict how far this cycle going to run: Maybe only breaks 3$ and tops there .. But we might tag the 2019. January high at 3.735$. The 2nd daily cycle could look like this: ANd after this 2nd daily cycle there will be one more daily cycle ... The RSI just got overbought and it's starting to print the 2nd daily cycle 's overbought zigzag.
OANDA:NATGASUSDLong
by chartwatchers
6
NATURAL GAS H4 UPDATE - Price Has Closed Above S/RIn my previous analysis I said that if price was able to close below the lower S/R seen in the picture I would go long. Price has closed strongly above and continued to move up. Price is continuously forming higher highs and higher lows. Risk to reward is still good at 2-3 if you were to enter now. Target is upper S/R level at 2.70~ Daily trade analysis and ideas: Telegram: t.me Facebook: www.facebook.com Twitter: forex_dojo Instagram: www.instagram.com Website: www.forexshinobi.com Tiktok: @forexshinobi ForexShinobi
OANDA:NATGASUSDLong
by FXShinobi
Natural Gas Bottoming PatternLike what I see here on Natural Gas. A nice downtrend with then a bottoming pattern at a support/flip zone. You can call it an inverse head and shoulders or triple bottom, but what it shows us is that lower highs are now turning into higher lows. A trend shift. We have had a nice break of the flip zone or neckline marked in blue. Target is 2.50-55 zone. On a fundamental note, Natural Gas does of course show some seasonality. Winter time is when Natural Gas tends to go higher. I believe the world is getting more colder with winters lingering longer than before. We saw this when it came time to planting crops in the East. Winter lingered longer. Perhaps we are seeing this rush of cold weather approaching earlier than before.
OANDA:NATGASUSDLong
by Uncharted-FX
2