NATGAS a head & shoulder at the top 🦐NATURAL GAS after the bull run is losing momentum.
The price on the daily chart is creating a heads and shoulder and according to Plancton's strategy if the price will break below the neckline and satisfy the A ACADEMY rules we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Ng1
Natural Gas - The "Energy Crisis" is OverIdea for Natural Gas:
- I expect that the "Energy Crisis" is largely over globally, and the speculative excesses will deflate with risk off deleveraging into 2022.
- Already had called this reversal in energy:
A wicked weekly wick to stop this advance by none other than Putin:
GLHF
- DPT
Natural Gas LONG News:
The US benchmark for the price of natural gas was in recovery mode on December 3 after falling significantly over the last four trading sessions.
The January gas delivery contract at the US Henry Hub was up 3.6% as of 12:25 GMT to trade at $4.20/mn Btu. The benchmark, however, lost 25.5% over the previous four trading sessions.
The latest natural gas weekly report from the US Energy Information Administration shows working natural gas stocks are 10% lower then year-ago levels and 2% lower than the five-year average through 2020 for this week.
Moderate weather for the continental United States, however, has kept Henry Hub below recent highs of around $6/mn Btu. The National Oceanic and Atmospheric Administration in its latest monthly forecast calls for above-normal temperatures across most of the Lower 48 states.
In the more immediate forecast, the National Weather Service said to expect record-breaking high temperatures for this time of year for parts of the country, though the Northern Plains and Upper Midwest could see heavy snow during the weekend.
NATURAL GAS - BEARS followed by BULLSI believe the price is going to fall rapidly this week (Monday 22nd - Friday 26th) and start growing up again on Monday 29th.
First of all technically 0,786 resistance survived the friday attack which only confirms the price downtrend.
Fundamentals are on the bear side too because temperature in Europe and USA is going to be high this week. Lesser demand and high production of natural gas can send the price right through 4.73 support down to the next support at 3.66. If you want to play safe I recommend exiting the short position at 4.73 support and see how it plays out.
Anyways the price fall should create a great opportunity for entering a big long position at 3.66. Its target will greatly depend on weather but I suspect it might rally again to the October 21st maximum of 6.45.
Good luck and don't forget to set stop losses to keep your money safe.
By the way good idea to decide how much to invest is to decide entry point and stop loss point then decide how much money you are willing to risk and count the position margin according to the stop loss (amount of money you're willing to risk).
Oh and this is my first published idea on tradingview so please leave a piece of advice in the comments if you feel like it.
Complex analysis of "Natural Gas", the strongest analysis Complex analysis of "natural gas", the strongest analysis - know the upcoming price movement
Analyze natural gas prices in the short or medium term
The target is shown in the drawing. If Target 2 is breached upwards and stability, we will take off to the top
The analysis fails if it falls below $4.75
Several schools of technical analysis were used in this drawing. I hope you like it
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Thursday: Natural Gas - Week 47Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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Saturday: NGAS - Week 46Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Natural Gas futures slipping. NG1There has been quite a bit of turmoil in Europe with Russia and Natural gas and dwindling supplies. All that cause quite a stellar run up in gas prices. We believe that the overall run on natural gas is not done, but that we are taking a short and temporary break. After all, winter has not even started.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NATURAL GAS Massive Long! Buy!
Hello,Traders!
NATURAL GAS is retesting a massvie support level
Which makes me bullish
And I think that we will see a rebound
And a move up from this support
With the modest target
But the price can go higher too!
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
🔥 Natural gas will rise in price three times 🥶●● Preferred count
● NATURALGAS ( Currency.com ) 🕐TF:1W
Globally, the price of natural gas is driven by the third wave of the Grand Supercycle , within which the final wave (V) is developing. Wave (IV) that preceded it took the shape of a w-x-y double zigzag , although one should not exclude further complication before a sideways correction.
● NATGASUSD ( OANDA )🕐TF:1D
Behind the most powerful part of the wave ① of I — Third of a Third — 3 of (3) , on the horizon — a less rapid growth in the fifth waves, followed by a series of downward corrections.
● NATGASUSD ( OANDA )🕐TF:4h
A correction by wave 4 is expected in the form of an expanded flat , the target for which may be the area of the previous fourth .
● NATGASUSD ( OANDA )🕐TF:2h
Wave ⓒ of 4 , presumably, is unfolding the ending diagonal .
●● Alternative count
● NATGASUSD ( OANDA )🕐TF:2h
As an alternative count — wave 4 of (3) is a running contracting triangle . This interpretation implies the resumption of growth within wave 5 from the current levels.
Long position under the conditions of the implementation of the main scenario seems to me less risky, but the alternative count also offers good opportunities for long at current prices.
NATURALGAS, The top was not scored? $NG1 #naturalgasResistance at the key level 6.4. If it breaks, it will quickly rise to 8.4 and 9.7. Volumes are down but not too low yet to mark a period high. Will the growing demand from China cause the price to rise again?
NATURAL GAS Will Go Up! Buy!
Hello,Traders!
NATURAL GAS is retesting a massive support level
And we are already seeing a bullish reaction
I don't think that the bullish rally is over yet
Thus, I am expecting the price to move up
Sell!
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i'm (as always) so stupidi have this shit circles(H&S) on my chart since a wile, yesterday i set a sell order at 5.55, and 10 min later i canceled it because of lack of confidence. i think ti will retrace to 5.46, but at this point it's just too risky entering, the perfect entry was yesterday.
will look for buy opportunities AFTER the bounce, could find floor at 4.80ish
Nat Gas. Short ▶ Targets on Chart Options play for a short on natural gas. If you are trading there is an obvious place to put your stop-loss above Tuesday's high. With the way Nat Gas has been volatile the past few days I also have a second sell limit entry just below 5.7. Targets are set out on the chart.
Please see the other ideas below as I am still holding (options) and i am also confident that they will come to fruition.
These thoughts are my own ideas based off my own analysis. Please do your own research before putting your own money into the markets.
NATURAL GAS : LONG POSITIONS SETUP | PRICE WILL GROW...Welcome back Traders, Investors, and Community!
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NATURAL GAS Will Go UP! Buy!
Hello,Traders!
NATGAS is wildly bullish lately
And the price is retesting a horizontal support
I don't think that the rally is over
So I am betting it will go up
To retest the recent high
Perhaps it will go on to break it too
And go even higher
Buy!
Like, comment and subscribe to boost your trading!
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✅NATURAL GAS BULLISH PENNANT|LONG🚀
✅NATURAL GAS is trading in a massive uptrend
Due to the fundamental reasons
Pushed even higher by a massive short squeeze
In the options market to make matters worse
And now the price seems to be forming
A bullish pennant pattern on the 5H timeframe
So If we see a bullish breakout
That means that the price
Will keep going higher
LONG🚀
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When Might The Price Of Natural Gas Decompress?Traders that have taken a long position on Natural Gas will have been feeling lighter than air for the better part of 2021. Remarkably, the trading price of Natural Gas has rocketed up 115% since the beginning of the year, outperforming price increases in other commodities currently sitting close to record highs, Oats (up by 63.83% YTD), Copper (up by 19.65% YTD), and steel (up by 38.27% YTD). As of writing, Natural Gas is trading at $5.592 per million British thermal units, a thirteen year high for the commodity.
What Is The Reason For The Meteoric Rise In Natural Gas
An unusually scorching 2021 summer in the US drove demand for air conditioning and Natural Gas beyond normal levels, resulting in a lower stockpile of the commodity for an unusually cold winter. Following this, extreme weather conditions, such as Hurricane Ida, interrupted Natural Gas extraction in the Gulf of Mexico’s most productive zone.
Will The Price Of Natural Gas Recede?
Typically, when the price of a commodity rises, new investment will enter the market to scoop up the high prices. Regarding Natural Gas, the new investment could be from gas companies lifting output at existing gas wells or exploring new wells that will raise production. Counter-productively, the new investment and resulting lift in gas supply would help suppress the price rises in the commodity.
New investment in Natural Gas has stalled as of late. While fossil fuels will still be needed for a long time, so-called ‘Zero Carbon’ policies from governing bodies worldwide are disincentivising Natural Gas exploration. The long-term prospects of Natural Gas wells are less certain and less attractive when contending with the likes of the Biden Administration throwing its full support behind renewable energy sources as the US engages in a wide-scale upgrade to its infrastructure. One project for the Biden Administration is for the US electric grid to be powered by 50% solar within the next thirty years. Achieving this goal would severely squeeze demand for Natural Gas, which, according to the EPA, generated approximately 40% of the country’s electricity in 2020.