NATURAL GAS
Natural Gas (NATGASUSD): The Situation May Become Worse 💨
Update for Natural Gas.
This week the market set a new higher high higher close on a daily violating a previous high.
Analyzing a monthly chart we may see a breakout attempt of 6.07 - 6.70 structure resistance cluster.
Monthly candle close above that zone will confirm a breakout and may lead to a strong bullish rally.
Next resistance on focus will be 9.0 level.
Be prepared for bullish continuation traders.
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Natural Gas (NATGASUSD): Key High Ahead! What is Next?! 💨
Technical analysis on Natural Gas.
Potential scenarios & things to watch.
Structure analysis & thoughts.
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Natural Gas (NATGASUSD): Did You See That Confirmation? 💨
Update for my yesterday's post on Natural Gas:
the price retested a broken supply area and I spotted a very nice confirmation.
The market broke a resistance line of a bullish flag pattern.
Now you can wait for an occasional retest to buy expecting a bullish movement at least to 5.68 level.
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Natural Gas (NATGASUSD): Important Breakout & Bullish Outlook 💨
Hey traders,
After a very nice bullish accumulation,
natural gas broke and closed above a strong supply area on a daily.
I believe it will trigger a bullish continuation to the next resistance.
Goals:
5.885
6.16
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NATURAL GAS LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on NATURAL GAS as price is in a clear bullish market strucutre on D1/H4 timeframe, price made a breakout above the weekly highs retraced back into the H4 imbalance testing the weekly highs and clearly reject from that area. I think we will see 6.0 ASAP.
From a market seasonality standpoint we are very bullish as naturalgas should rise in this period of the year + the problems between the Russian Federation and European Union about the gas delivery in the Europe.
What do you think ? Where we go next ?
Natural Gas to drop!Here's the Daily chart of Gas downtrend! 1.0 is would be a healthy trend channel!
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 ?
NATURAL GAS LONGS 📉📉📉📉 Expecting bullish price action on NATURAL GAS from a medium-long term perspective as we are in a HTF BULLISH MARKET STRUCUTRE, price kept the 4.5 psychological barrier without breaking it to the downside, we have bearish imbalances somwhere around 5.0 that should magnetize price back there, Market Seasonality is very bullish on chart as we have a BULLISH CYLCE + the fundamental context makes me thing we will go higher. I think in the next 2-3monts we will have a huge problem with supply/demand because Russia advised European Union of higher prices on GAS.
What do you think ? Comment below...
NATURAL GASThere was a big ending diagonal and the price broke out from top and there is pullback you can see in the chart. another reason is fundamental analysis, Russian war and sanctions can grow the price of NATURAL GAS.
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 ?
NATURALGAS LONGS 📉📉📉📉 As i told you in the last posts, i expect NATURALGAS to reach 5.0 as price didnt closed below 4.5 an improtant psychological barrier.
We are bullish on this asset from a fundamental perspective as we are in a bullish seasonal tendency + military conflict in Ukraine + Russian sanctions that will push price.
Market structure bullish H4/D1 with clear higher highs and higher lows.
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..
4hr tf next week idea on Natgas if the price breaks to the upside and $4.6 break, I am looking toward $5.3 for profit-taking, and the same as a downside, if $4.3 can not hold, $4.1 and $3.93 will be downside targets respectively.
WATCHING $BOIL for entry at 27.07WATCHING $BOIL for entry at 27.07
Watching Natgas on the pullback… If it retraces back to the entry… I will take a position, for a potential 58% upside to sell target 1…
Support is slightly under, and double target at 11.13
Let’s see what happens…
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I have a huge tolerance for volatility so please know that. If you’re new to my trade setups please try them on a small scale first. Then go in with a risk you’re comfortable with.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
And most importantly… Have fun, y’all!!
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USDGAS LONGS 📉📉📉📉 Expecting bullish price action on this assset as price get out of the range, making higher lows and higher highs meaning that bulls are in power in this area. Price could retrace back into 4.0 as psychological area + discount market area fiboncai that sets perfect long opportunities.
What do you think ? Comment below..
Global Politics effect on energy Gas is the winning card of Russia Ukraine's global conflict in investor view.
We have seen a lot of back and force between Russia and the USA because of a pure political-military opportunity from the USA side,
What makes Ukrania is the main interface of the USA in Europe, From Russia side, they will not choose the war as the best option rather than using economic sanctions,
The second top Gas producer in the world will play with its best weapons,
Yes, Gas
The best energy commodity which the whole of Europe depends on. The prices of gas will increase in the coming weeks.
This political issue will give the energy sector some bull push so, we will see some volume inter the market these days.
We have seen the gas prices increase in the last May 2021 from 2.550 to make more than 120% in just 4 months, then we have seen the price start retrograde from 6.240 to 3.800 with making the second wave for bulls to reinter the market before the Russia Ukraine conflict.
You may see the situation is unclear for now, But make sure that if Russia got delisted from swift code that will be huge negative effects on the whole of Europe before the USA itself so, don't worry the invasion will be the last choice in this conflict between The US and Russia putting Ukrain in the front line of the US interests.
For the Investors who like to bet on wars, this is for you.
Going with direction is preferred for investment so we will take the chance as we got a tip for Gas prices.
Whether there is a war or not the gas price will continue increasing just because of the speech from each side.
Position
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Buy entry in the 5.00-5.30 area
Buy limit at 3.00 - 3.30 area
Targeting
9.00 - 9.300 area
We expect a 78% return in 6 months to 12 months (Estimated)
Short on breakShort on break - 1H close below trendline
Price Targets
3.980 - previous gap fill zone
3.536 - to reach this point is very optimistic lol
Alternatively, we can look for a bounce from trendline, same as what was posted in the IDEAS section
Prices and trendline drawn based on Natural Gas Continuous Futures listed on NYMEX, prices may differ from your broker