NGAS
NGAS SHORT TERM ANALYSISMy analysis on this instrument on what i think its gonna do in the next weeks.
NGAS: Potential uptrend continuation setupWe have a nice chance to enter longs in the daily chart here. I'm already long from earlier today, thanks to an intraday signal, but the daily has now triggered a long entry. The target is on chart, but it's nothing definitive. Watch it after it gets overbought, if the month closes above 2.967 it'll be extremely positive for longer term longs in it.
Check out my updated track record here: pastebin.com
If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.25% on such information.
Natural Gas (Henry Hub) Short-Term PullbackIntraday Trade
Short: 2.58
Stop Loss: 2.6
Cover/Flip to Long: 2.47-2.5
Natural Gas Wedge Fest
Broke below interior upward wedge
Looking for a bounce back down around 2 std dev above mean of the shorter regression trend, 2 std dev below mean of longer regression trend, previous support level &OR .382 fib for a short
Next target is the lower bound of the large upward wedge, which could be support, or it could just continue down.
To be contiued..
Ugly chart? Yes please.
FCG: Potential upside is hugeWe can take a long at market, or wait for 26.09 to get hit to jump in this trade. Stops should be below 23.55 to be safe. Target the 38 handle give or take. It's worth considering this setup, specially if NGAS resumes the uptrend.
Check out my updated track record here: pastebin.com
If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.25% on such information.
holdits look like we heading more down for now just hold, than long open 2.730 target 2.850 - 2.920
if it head down under 6.710 than this idea is not to take into consideration
this is only idea please do your own research before considering,
NATURAL GASSlowly but surely climbing. Building base and support line. Buy for Long term hold but resistance may be the BLACK SOLID LINE. The below Solid green line will act as support but if fails then Bear Market.
NATGAS/USOIL SPREAD: PREPARE FOR TOP Short NGAS against crude when it reach the upper boundary of the channel in grey.
Could also use the spread as a key indicator to either go short NGAS or go long oil at the right time.
NGAS : Breakout From Daily bull Flag. Target $3.101I have been chasing Illusive HS pattern on 4hr and daily but finally it broke out upside from triangle. My first target is $3.101. Month ago , many were bearish on the chart suggesting topping but I was foolishly long and I dared not to publish idea but commented on chartwatchers (Nice Chap) short idea. eventually I found my target then.
Happy weekends
NGAS, ShortHer is what will happen in 2 weeks. in the circle
1- The price will fall to enter the circle and will be tested on 100 EMA line.
2- The Trendline (yellow) and the 100 EMA will meet.
3- The price has to break the lower BB and get out of the BB.
**
The day all three above accomplished, get out of short and Reverse your positions (GO LONG), it will be a very nice ride north.
Natural gas: Topped here possiblyI think the rally in natural gas has topped out here, we gapped down and dropped back under the resistance to the left in the weekly chart here. My real time whatsapp signals group entered shorts at today's open, and are adding to it now. Let's see if we get a nice move to the downside here. If not in you may join with stops above today's open at least.
Check out my updated track record here: pastebin.com
If interested in my swing trading signals newsletters, real time whatsapp alerts, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
