NG
Natural Gas LONG Analysis based on pure technical - trend line analysis - Fib retracement (power of Fibonacci Retracement , so we can use as like our advantage in the future), I think now patience is the essential key as always. It is about understanding FLOW (flow of markets) and following the news (swing trading)
Ng Stalled on trendlinepeace talks on and we are either in a potential bear trap or things go well and this takes a dive; maybe, or not the sanctions do not prevent europe from getting NATTY, either way we are heading into warmer climet for the summer months and and Europe is struggling to get off of Russian oil, And quite franly the world government is not prepared to provide it which can be good for higher.
watchin 4hr and 2 hr charts for movment
Bearish below $5 but $5.33 is the deciding factor for me.
if we break up over $5.6 we go to $6.23
Natural Gas LONG Analysis based on pure technical - trend line analysis - Fib retracement (power of Fibonacci Retracement , so we can use as like our advantage in the future), I think now patience is the essential key as always. It is about understanding FLOW (flow of markets) and following the news (swing trading)
NATURAL GAS Head & Shoulders of Donbas annexation vs 2014 CrimeaThis is Natural Gas on the 1D time-frame. The recent acts of war by Russia in Ukraine and the annexation of the Donbas region has created a Head and Shoulders (H&S) pattern, which is typically a bearish reversal sequence forming market tops. This is similar to some extent with the pattern formed in February - March 2014 when Russia again committed acts of war against Ukraine by annexing the Crimea region.
In both cases the 1W MA50 (red trend-line) was is Support. In March 2014, the situation was de-escalated by a Channel Down, following the peak (head) of the formation. At the moment NG may be forming a similar Channel Down. Could this be a sign of de-escalation and follow up of lower prices in the coming months for Natural Gas?
P.S. Always keep in mind Natural Gas' multi-year cyclical behavior as I accurately displayed on the following chart:
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The trend says all "BUY"GOOD EVENING
There is no doubt with the war between Russia and Ukraine, the price of fuel and gas will rise to a level we have never seen before, in addition to all candles and the resistance line that I drew before has been broken. so it's a good time to buy now especially since there is no indication that this crisis will end soon
business is a business that.
so open your wallets it's a chance for you
GOOD LUCK
cup and handle pattern - Natural gas - Day tfspotted a cup and handle pattern on the daily chart, which explains why bullish support trendline on weekly tf still hold, and it can potentially back to the top (October high). The fundamental point of view also supports the technical analysis with Russia, US and Ukraine going on. I think this makes perfect sense - and from there we might never see 3.5 again this year :)
Natgas Weekly TFMy bet would be up, I am eyeing the October high ($5.7 -$6.4), as the weekly trend line holds and possibly test the high again. my analysis is based on technical analysis only no fundamental (as the market make no sense)
Natural Gas LONG Natural Gas LONG
Analysis based on pure technical - trend line analysis - Fib retracement (power of Fibonacci Retracement , so we can use as like our advantage in the future), I think now patience is the essential key as always. It is about understanding FLOW (flow of markets) and following the news (swing trading)
$BOIL NG LongNatural Gas appears to be breaking out of a classic Wyckoff Accumulation pattern and has now accelerated through overhead trend line resistance.
Good Volume uptick
Bullish RSI Confluence
Positive MACD
I'm Long BOIL shares as a sister trade, holding for more upside.
Expecting an RSI cool off, but as long as price stays above green EMA cloud, I'm bullish on this trade.
NATURAL GAS 1D Death Cross ahead. Lower Lows expected.It was last September (2021) where I first starting calling for a market top on Natural Gas, which at the time seemed odd to the majority of the energy market participants as it was coming off a very aggressive 6 month rally. It wasn't odd though based on NG's long-term, multi-year cyclical behavior as I accurately displayed on the following chart:
Back to today, and the 1D time-frame, the price is about to form a 1D Death Cross, which happens when the 1D MA50 (blue trend-line) crosses below the 1D MA200 (orange trend-line) and is considered to be a bearish formation. The last 1D Death Cross after a Cycle Top was formed on February 21 2019. It was on that period that NG made a new Low and gradually entered a structured bearish pattern on Lower Lows (Channel Down ish), with the 1D MA50 acting as Resistance. Check also the MACD indicator which is virtually identical between those two periods.
My long-term targets are the 1.236, 1.5 and 1.618 Fibonacci extensions successively, which were the Lower Lows targets of the 2019 pattern.
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Natural Gas - Bullish Month Ahead - BUYNatural Gas Will See An Increase In Purchasing Volume Due To High Demand.
Push It Up ^
CURRENCYCOM:NATURALGAS
CAPITALCOM:NATURALGAS
MCX:NATURALGAS1!
MCX:NATURALGAS2!
AMEX:BOIL
AMEX:UNG
SKILLING:NATGAS
MOEX:NG1!
MOEX:NG2!
MOEX:NGF2022
NYMEX:NG1!
MOEX:NG2!
MOEX:NGF2022
AMEX:FCG
GLOBALPRIME:XNGUSD
PEPPERSTONE:NATGAS
NYMEX:TTF1!
NYMEX:TTF2!
NYMEX:TTFG2022
NYMEX:TTFH2022
FXOPEN:XNGUSD
Guaranteed Buy
Elliott Wave View: Natural Gas (NG) Near The End of CorrectionElliott Wave View in Natural Gas (NG) suggests it is correcting cycle from June 22, 2020 low in larger degree 3, 7, or 11 swing. The decline is unfolding as a flat elliott wave structure. Down from October 6, 2021 peak (6.47), wave ((A)) ended at 4.825 and rally in wave ((B)) ended at 6.291. Wave ((C)) lower is in progress as a 5 waves impulse. The 1 hour chart below shows wave (3) of ((C)) ended at 3.617. Wave (4) of ((C)) bounce ended at 4.261 as an expanded flat structure.
Up from wave (3), wave A ended at 4.041, and pullback in wave B ended at 3.599. Wave C higher ended at 4.261 which also completed wave (4). The commodity has extended lower in wave (5) with internal subdivision as an impulse. Down from wave (4), wave ((i)) ended at 4.045 and wave ((ii)) ended at 4.181. Near term, expect rally to fail in 3, 7, or 11 swing as far as pivot at 4.261 high stays intact for further downside. Once the 5 waves down from wave (4) high is complete, it could either complete wave 1 of (5), or it could end the entire wave (5).