NATGAS Trading Opportunity! SELL!
My dear friends,
My technical analysis for NATGAS is below:
The market is trading on 2.921 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2.748
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
TFU1! trade ideas
NATGAS Set To Fall! SELL!
My dear followers,
I analysed this chart on NATGAS and concluded the following:
The market is trading on 2.456 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2.388
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
NATGAS Will Go Down! Sell!
Hello,Traders!
NATGAS is going up
From the horizontal support
Of 2.275$ just as I predicted
And now the price is approaching
A horizontal resistance of 2.529$
From where we will be expecting
A local bearish correction
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
NATGAS Bullish Bias! Buy!
Hello,Traders!
NATGAS made a bullish
Breakout of the key
Horizontal level of 2.278$
Which is now a support
And is making a retest
Now so as we are bullish
Biased we will be expecting
A further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
NATGAS Technical Analysis! SELL!
My dear followers,
This is my opinion on the NATGAS next move:
The asset is approaching an important pivot point 2.294
Bias - Bearish
Safe Stop Loss - 2.350
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2.203
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
NATGAS Bullish Breakout! Buy!
Hello,Traders!
NATGAS is going up now
And we are seeing a strong
Bullish breakout of the key
Horizontal level of 2.30$
So we are bullish biased
And we will be expecting
A further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
MCX NATURAL GAS The behavior i observed regarding Natural Gas (NG) prices over the past two years, showing a pattern of positive returns in Q1 and Q2 and negative returns in Q3 and Q4, can be explained by several factors that influence the energy market, particularly the seasonal nature of natural gas demand.
Key Factors:
Seasonal Demand:
Q1 and Q2 (Winter and Early Spring): Natural gas is in high demand during the colder months, especially in North America and Europe. The need for heating increases, which drives up demand for natural gas, leading to price increases. This is why the price generally rises during the first half of the year.
Q3 and Q4 (Late Summer and Fall): Demand for natural gas decreases as warmer weather reduces the need for heating. In addition, Q3 often coincides with lower energy consumption due to milder weather, while Q4 may show some price declines before winter demand picks up again in late Q4.
Supply Factors:
The supply of natural gas may remain stable or even increase in warmer months, with less demand pushing prices down in Q3 and Q4. This dynamic causes prices to retreat.
Hurricane Season (Q3):
Natural gas production, particularly in the U.S., can be affected by hurricanes in Q3. Disruptions may cause temporary spikes, but if supply isn't significantly reduced, the general trend remains bearish in this quarter.
Storage Injections (Q2-Q3):
During Q2 and Q3, natural gas is often injected into storage for use during the winter months. While this may support prices slightly, it typically doesn't offset the general lower demand, keeping prices under pressure.
Observed Patterns:
Q1 & Q2 (Positive Returns): Cold weather and increased demand for heating fuel drive natural gas prices higher, resulting in positive returns.
Q3 & Q4 (Negative Returns): Warm weather reduces demand, and prices fall as supply exceeds immediate demand for heating.
This recurring pattern is a result of the highly seasonal nature of natural gas usage, and traders often anticipate and plan for these price movements when making decisions in the natural gas futures market.
NATGAS Technical Analysis! SELL!
My dear friends,
Please, find my technical outlook for NATGAS below:
The price is coiling around a solid key level - 2.289
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 2.203
Safe Stop Loss - 2.340
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
QUick stop and gocheck out some of my ideas. also I don't take every trade idea that you see here.
these are assumptions before price action completes and confirms.
I am not a professional trader nor am I technical . all ideas are based on what I understand price to be. when I see certain confluences that align with my trading strategy, I then look for my opportunity to enter trades.
Good luck and happy trading
NG Trading ChannelAs of late August, NG has been in a bullish trading channel. NG is the most volatile of all commodities and there are quality daily trade opportunities both short and long over the short term. Longer term, the current cycle has a bullish slant.
Fundamentally we are moving closer to the winter season that is switches storing gas to removing gas from storage. In anticipation of this we should see a bullish slant toward headed into winter.
Technically speaking , gas is trading in a nice channel that will help you anticipate buying and selling opportunities. Any drop below 2.20 is a buying opportunity. I'm anticipating a short term pullback as NG continues to climb toward the 2.40 level.
www.tradingview.com