Natural gas (XNGUSD) is currently trading near key support and resistance levels. The near-term support and resistance levels are important to watch, as they can provide insight into the direction of the commodity’s price. 15M Chart:
Hi people Welcome to Team Decrypters lets keep it simple we are at Multi month low on XNG so here is a possible upside in short to Mid term , I hope this can be a good Trade for every one
This market is witnessing an unusual movement and the possibility of a rise is very high My advice is to buy
XNG has respected the long term support and showing strengths of reversal. Supported by FIB levels also. Chart has minimal projection if the upmove is sustained.
Hi Again, Take a look at the chart and tell me what you think. I made 158 pips in front of live audience yesterday (27-Jun). Join me during my live trading session to benefit from these moves. Live Trading Session starts at 8:45AM EST. Kings
Helloooooooo PIPPIN TRADERS!!! I'm back with another one. Natural gas is showing a sign of a small correction down to around 6.70 before we have another push upwards to 8.00. Good risk to reward...trade with care!!
XNGUSD LONG - Buy Entry - H4 Chart Buy @ Market Symbol: XNGUSD Timeframe: H4 Type: BUY Entry Price: Buy @ Market Resistance @ 8.2835 Resistance @ 7.5105 Support @ 6.8856 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions, please leave a comment below as I answer each comment...
Wheat, Naturalgas, Brent, Coffee and Cotton vs BTC in one chart, all long!
Trade: short Target: $4.85 - $4.75 range Russian President Vladimir Putin instructed Gazprom to increase supplies to the company's storage facilities in Europe. This announcement of the Russian President pressed gas prices. XNG/USD has formed a "head-with-shoulders" pattern. The price is about to break through the neckline. After the breakout, we expect a tiny...
( Daily Chart ) In the daily chart, the first 5 ascending waves have ended in the range of $ 3.40 and the price has entered the corrective phase of this uptrend. Note that this is one of the most likely scenarios. The first corrective wave is finished around $ 2.25 (a wave a) and the corrective movement of this wave is around $ 3.08 in accordance with the...
I know nothing about the naural gas market. I do like charts. One year ago I posted a chart on the XNG suggesting the bottom may be in. (see link below). It was when the index was around 392. It turned out to be correct. I don't follow it often but I thought I would take a look again. Here is the way it looks to me. With the bearish divergence in the daily RSI I...
*Drops Dishes* WAVES! The price action travels in waves! Now would be the time to applaud. Troglodytes. Thank you @BattleAxe for jogging my memory.