Get started

Xngusd

XNGUSD ready to reverse recent downtrend LONGGLOBALPRIME:XNGUSD XNGUSD a few weeks back downtrended afer breaking the neckline of a head and shoulders pattern down to the support of a double bottom formed in early August. Volume profiles are added to the 30 minute chart. I see an uptrend retracement of the recent downtrend and accordingly the following: Stop Loss at 7.64 just below the recent swing low Target 1 8.59 the bottom of the high volume areas and near the Fib 0.382 Target 2 8.84 just under the Fib 0.50 Target 3 9.15 just under the POCs of the volume profiles and the neckline of the head and shoulders pattern. Fundamentals: decreasing DXY will cause a relative rise in commodities; winter is coming storage of compressed NG is underway and increasing demand. All is all, this forex pair is ready for a long trade.
XLong
by AwesomeAvani
1
BOIL beginning a round bottom reversal LONGAMEX:BOIL BOIL a triple leveraged ETF based on natural gas as a commodity and its futures on the 15-minute chart has begun a round bottom reversal into an uptrend. The AO / Candle indicator confirms this as does the curve of the accumulation /distribution indicator. Fundamentally, natural gas price is rising especially with the DXY dollar value in a mild correction. Winter heating season is upcoming and the energy crisis in Europe accelerating with Russia shutting down ( for now only ?) its remaining active pipeline. Right now long BOIL looks to be an excellent setup.
AMEX:BOILLong
by AwesomeAvani
XNGUSD/ NGAS Long UpdateGood day traders, Following all our NGAS signals hitting massive Take profit points, we have one current trade running on the monthly timeframe. After a successfull retest an ABCD bearish harmonic trend hike is currently beign formed, we are almost at the end of that trend hike. We now expect the XNGUSD/ #NGAS/ Natural Gas to reach 11.3 before retracing to meet our final take profit point 14. Disclaimer NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
FXOPEN:XNGUSDLong
by Mezzoforte_Privilege
3
NATURAL GAS - BAT PATTERN IN MAKINGNATURAL GAS is printing a bullish bat pattern. It is still in early stage as point C has defined its place. Pattern will complete at point D which is projected at 4. The price has already been rejected at the key resistance on the daily chart, and RSI is headed downwards. There has also been a continuous decrease in volume from the first time the price tested the key resistance. This may confirm that the price doesn’t have enough momentum to break through the resistance and is now set for a correction. There are a lot of contributing factors pointing to a bearish scenario for natural gas. Although the price might be bearish, watch out for relief pumps, especially on the support levels. What do you think of the idea?
FXOPEN:XNGUSDShort
by TradeTrio
1
Natural Gas: Bubble explosionTrade: 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 pullback with the retest of the neckline from below. After that, we await a massive down movement with the target at the $4.85 - $4.75 range. If the price breaks through this range, the next support will be only at $4.20!
XShort
by FBSAnalytics
1