NATURAL GAS – Week 28 – Corrective week ahead.In our last forecast, we correctly anticipated that Natgas will lose some of its strong bullish momentum and make a pullback.
In the coming week, we foresee the price to make a fake breakout and make a new top, before making another pullback.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
NGAS
Monday: Natural Gas - Week 28Hello 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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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 – Week 26 – Post pandemic ATH.In our last forecast, we expected Natgas to give us a confirmation for a bearish move. Instead, the price made a new all-time high.
In the coming week, we foresee the price to correct towards the trendline, but considering the fact that we are in a strong bullish trend, we will need to wait for a confirmation that will be represented by a strong breakout from the dotted line followed by a small consolidation.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
NATURAL GAS – Week 24 – Strong bulls.In our last forecast, we were expecting Natgas to correct and reach the support level. Instead, the price rallied without looking back.
In this case, in the coming week, as the momentum is strong, we expect a pullback towards the support level followed by a bullish continuation that could break last year’s all-time high.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
NATURAL GAS – Week 22 – Pullback started.In our last forecast, we correctly anticipated Natgas to start a pullback underneath the trendline.
In the coming week, we expect the price to drop from the resistance level towards the support area.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
NATURAL GAS – Week 21 – Pullback started.Natgas started the trading week with a bullish gap, making a new top, but soon after it started the bearish move that we were expecting.
So far so good. The trendline has been broken, and if we get a correction around this area, then we expect this move to continue towards the support level, having a great chance to break it.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Wednesday: Natural Gas - Week 18I 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.
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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.
Scenarios: Natural Gas - Week 18I 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.
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
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.
NGAS - Week 14 - Analysis and ThoughtsThe analysis to the down-side is working out, and price-action is confirming more down to retest lows. From a pattern perspective, breaking the lows will result in a 'regular flat' structure.
The worrying trend that I see is that volume is decreasing while the price is going lower and lower, this is not an indication of selling strength, and therefore, I will be monitoring the price closely when we retest the lows.
NGAS - Weekly Analysis and ThoughtsIf we are to continue up the following weeks to break the top, (1) a spike in volume to indicate buyers entering the market would be confirming that the price is going further up.
(2) I want to see volume and price strength on the lower timeframes showcasing buyers entering, and continuing to push the up-trend further, so 'higher highs, lower highs'.
NATGAS - is this the scenario?NGAS was not able to break and hold above 3 dollars, it tested 3 times, and failed. We might be looking at a possible completed 3-wave structure - which means the next move could go down and test previous lows.
Note to self: NGAS is quite fun to trade, analyze and set up possible IF-then scenarios since it's moving very sharply and a lot, this creates lots of trade-opportunities.
Natural Gas: Sell Hi again traders
Hi I think gas price will be in free fall.
Short positions only at market
Stop: 2.89
Target: 2.47