EWTSU NATURAL GAS H1 MINUETTE W(ii) unfolding EWTSU NATURAL GAS H1 MINUETTE W(ii) unfolding FLAT correction - wave ((c)) in 5 wavesby francescoforex0
Natural Gas...bullish turnaround!Nat gas has carved out a nice potential base to move higher. We have seen a failed breakdown whcih usualkly indicates a bullish reversal. They say the biggest moves come from failed patterns an it certainly looks like a failed bearish trendline break. If this is the case, Nat gas has a nice 15-20% upside before things get really interesting. We may be witnessing a weekly inverse head & shouldrs pattern developing. Time will tell but we are long. 06:16by Trading-Capital5
Natural Gas: Very Risky Long TradeNatural Gas: Very Risky Long Trade Technical Analysis: Price broke out from a 60-minute bullish wedge pattern. The bullish volume looks good so far and may push NG up to 2.065 as a minimum. A normal target should be near 2.140 and if the price resumes the bullish trend it should test 2.2500 easily this time despite the speculations. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuniUpdated 5534
Possible scenario to NATGASNatgas has been in a downward trend for more than a month. I expect it to reach the support level shown in the picture for a third time. If this happens, the exchange rate will rise significantly again.by xMoranTomx3
Swinging NatGas aiming at 2.9Found buyers sub 2.2. Swinging to 2.9. Trapped shorts sub 2.2 may fuel this pushLongby harryexeUpdated 4
NATGAS - NAUGHTY FALL AHEAD ?Cup pattern is complete with double top resistance. Looking for a handle now. Probable retracement area would be $2.5 Once pattern is complete Natty might fly high to $4.5 again? Disclaimer: Do not consider this as a buy or sell recommendation. This is purely for educational purposesShortby Manohar_ShanmugamUpdated 1124
NGAS ShortNGAS has been in a long term downtrend. With this bias to the short side, considering a price reversal to test the nearest Supply Zone , confluent to the 200hr MAV and Fibonacci 618 retracement. Recently we have seen a Rally ( setting up a Fresh Demand Zone) , Base ( Bearish Flag) , Drop , and now we have a Base ( Bearish Flag). The trade considers a short to target the Prior Swing Low , and break the Demand Zone. Enter - 2.094 - 2.104 Stop - Above Swing High 2.15 Target - Prior Swing Low 1.9865 RR = 2.7 by UmlingoUpdated 1
Short Nat Gasbased on my Fib extension analysis, the breakout from Natgas from a key level will lead to futher extend the leg down, potentially towards 1.73 level. As I am playing this as part of the August Leap competition I will play conservatively my TP just as I usually do and place on the next support level at 1.82. Just wonder if I can add to my position in the competition if the price restests 1.980 to 2.0, that would be excellent.Shortby Taguspt1
$NATGAS possibly in consolidation PEPPERSTONE:NATGAS price after a 2 month period of gains followed by 2 months of losses appears to have found support near the 2.0$ area. It appears the uptrend in April-May is captured by the 3rd Elliott wave which indicates the highest possible advancement upwards while the loses during June-July can be captured by the retracement wave following Elliott's theory. This is in confluence with price crossing upwards the 50-200 EMA during April-May, while in June-July price dropped bellow the 50 EMA and has been in retracement since without clear signs of uptrend continuation in higher timeframes (i.e. 4h, 1d etc). Furthermore, from Elliot and Weis wave oscillators it appears that the biggest waves upwards and downwards for the above period have occurred, therefore the subsequent period will probably be followed by a series of consolidation price action until we have a new breakout. PS: The sellers orderblock was twice as large compared to the buyers orderblock at the 1d chart, indicating strong bearish potential should price reach near the 3.0$ again. PPS: I'm not a financial advisor, these are just my thoughts (open to criticism) as I am trying to understand and prepare as best I can for future events regarding the stock. by chriskokal1Updated 1
Natural Gas can complete long term down trend nowNatural Gas can complete long term down trend now as its reached an price area where all mathematics and technical are indicating a reversal. Longby PriceActionMonk337
NATURAL GASCAPITALCOM:NATURALGAS , we are forming a wolfie wave, i will wait the price in the box, or if it can give me any reversal. Longby peppecharas8
The Price of Natural Gas Finds Support. But for How Long?The Price of Natural Gas Finds Support. But for How Long? On 21 June, we wrote that the trend in the market was weakening, noting that: → Forecasts of a hotter summer, published during April-May, led to a sustained bullish trend in the natural gas market. → According to the technical analysis of the 4-hour XNG/USD chart and the signs of weakness that have formed on it, the level of 3.160 appears to sufficiently account for the risks of an extremely hot summer. → Bears might push the price to the lower boundary of the ascending trend channel. Since then, the price of natural gas has: → tested the median of the ascending channel (shown by an arrow), which acted as resistance; → broken the lower boundary of the channel; → dropped to the level of 2.06 amid news of sufficient natural gas reserves in storage. And, as the XNG/USD chart shows today, it is this level that is now forming signs of support for the market: → the lows A-B appear to be elements of an incomplete double bottom pattern; → the level of 2.06 acted as resistance in March-April, so support here is anticipated by technical analysts. But can the bulls reverse the trend? In the near future, the price of natural gas may consolidate within a narrowing triangle, formed by the support at 2.06 and the descending trend line (shown in red). It is possible that failures in any attempts to break through the red line will lead to a resumption of the downward trend and a subsequent decline in price towards the support at 1.875. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen229
Natgas Chopping within a down trending channel.50 ema defining the chop down. Down trending channel. Bearish until otherwise above the 50ema or break of the channel.by Robpoll4
Natural Gas...New All time lows? Natural gas has seen a failed breakout on the daily chart. After this failed breakout occured its been weeks of relentless sell side pressure. We have lost key weekly and daily supports, which doesn't help the bullish case. There is 1 small positive on the daily chart: a positive RSI bullish divergence. Understanding how this commodity works, one should be prepared for a downside case of $1.60. Its not a guarantee but a possibility. The Nat gas resource stocks are mixed and showing sings of volume accumulation. I'm watching the $1.95 Gap fill on Nat Gas very closely. If the bulls defend that area we could rally quickly. Keep your eye om the "Death Cross" signal, usually a buy signal for a short term bounce. 09:00by Trading-Capital6
Natural Gas SurfingZones and levels or shapes for potential support/resistance forces that might influence this market in the future. Dotted path is an envisioned scenario which doesn't need to manifest necessarily but the overall picture might come in handy if the market shows signs of synchronicity with the design. Starting off with the resistance met at the cyan rectangle where I have 2 scenarios in mind: reversal, or consolidation and a break. I am more inclined to believe that bullish pressure could weaken here so I marked the spot with a down arrow. Will provide updates as we go along, looking to see 4 or 5 interesting events at the elements in the snapshot, also looking to see some interesting hits on the icons, preferably with a wave that coincides with their path.by nenUpdated 13136
Natgas down channel.Natgas stuck in a downwards channel for now. 50ema often respected as serious support / resistance.by Robpoll4
Natural Gas: Will the bulls ever come back? Another sell side day for nat gas...what else is new? back to the same technical support trend line for Nat gas. technically this is support. If this trend line holds we will see an epic bounce IMO. If we break this are we could be testing $1.90. I believe that this is still a great risk to reward to accumulate for the long term, while understanding there could still be another 20% down if we break this level...so HODL accordingly. 01:43by Trading-Capital12
Natural Gas Swing TradeTitle: Long Natural Gas Based on Bullish Divergence and Weekly Order Block Trade Setup: - Asset: Natural Gas - Timeframes: Daily and Weekly - Entry: Buy at the close of a bullish candlestick pattern confirming divergence on the daily chart - Stop-Loss: Below the weekly order block or recent swing low - Take-Profit: Based on key resistance levels or a 1:3 risk-reward ratio Analysis: - Bullish divergence confirmed on the daily timeframe - Price in a weekly order block, indicating strong support - Volume supports potential bullish reversal Trade Plan: - Enter long position on daily bullish confirmation within the weekly order block - Set stop-loss below the weekly order block or recent swing low - Take profit at key resistance levels or using a 1:3 risk-reward ratio - Risk 1-2% of trading capital This trade plan aligns with the technical analysis and provides a structured approach to capitalizing on the potential bullish reversal in Natural Gas. Longby MAAwan5
XNGUSD / NATURAL GAS Robbery plan on Long SideMy Dear Robbers / Traders, This is our master plan to Heist Natural Gas market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 1h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.Longby Thief_TraderUpdated 8
Completing the eight-wave cycleGreetings, Dear friends, I hope you are well and have a week full of successful and profitable transactions. I haven't been in the service of the companions on the Trading View platform for a few weeks because I was completing an educational resource. I hope I can make up for my absence from now on, but if I see a valuable market, I will share it with you. The text of my analysis: Regarding his view of the natural gas market, he has advanced five waves upwards, which has formed an impulse pattern, followed by a simple sharp zigzag pattern consisting of three waves, and wave C has advanced more than 161.8%. However, based on my personal experience, I have come across such corrections in several markets, which correct very deeply. Anyway, I am currently waiting for the trend to exit the channel until the price of the aggressive idea passes, and definitely after the formation of each wave, a corrective pattern should be formed, and the trend should continue. Completing the eight-wave cycle. Note: I am an analyst in the world of principle wave, who has entered the fourth year of my work experience, and I am developing an analytical idea. In financial markets, there is no 100% certainty due to the complexity of different patterns that can change. However, I do my best to back up every analysis I share with you guys with everything I've learned so far. A brief explanation of the three fundamental laws of the wave principle: 1. The second wave should never go beyond the beginning of the first wave. 2. The third wave should never be the shortest wave between waves 1, 3, and 5. 3. The fourth wave must never enter the territory of the first wave. Ralph Nelson Elliott was the founder of this theory, and when asked about his view of the market, he always referred to five waves in the direction of a larger trend and three waves against the direction it was taking. After completing an eight-wave cycle, a larger cycle is formed in the future, simply. May his memory be cherished, and may his soul rest in the shelter of God Almighty and the eternal world. I am attaching the analysis of this market that I shared with you earlier to this current analysis. The last word of my analysis text is repetitive, except to explain the current analysis because I also trade in the financial markets and I am active in my social networks, and I work hard to improve my skills in analysis and trading to reach my goal. I apologize for repeating the text. I welcome suggestions and criticisms, and I will respond, but a logical reason is important to me. Thank you for taking the time to review my analysis. First of all, I wish good health and success to all my dear friends and colleagues. Mr. Nobody Longby mehdi47abbasi799
NATGAS - NEW BREAKOUTHello Traders ! On Wednesday 17 July, The NATGAS price reached the support level (2.032 - 2.138). Currently, The last lower high is broken (Change of Character). So, I expect a bullish move🚀 _____________ TARGET: 2.305🎯Longby Hsan_BenhmedUpdated 7725
NGAS - UniverseMetta - Analysis#NGAS - UniverseMetta - Analysis Continuation of the trend - potential 5th wave, consolidation behind the trend line. The structure may continue and allow the price to continue its momentum towards the level of 4.16. In order not to increase risks, it is better to consider an exit when it consolidates or breaks through the support level of 1.98. Local goals 2.75. Next, a correction may form, since there were rebounds from these levels. Target 2.75 - 4.16Longby Trade-U-Metta6
NATGAS Update: Spotting Bullish Patterns - 3 White SoldiersWhat's Happening NATGAS is currently trading around $2.137, and recent price movements indicate potential bullish momentum. We're seeing the formation of the "Three White Soldiers" pattern, highlighted by the recent candlesticks. is a strong bullish reversal pattern that has led to further bullish days. The chart shows multiple instances (circled areas) where this pattern has been followed by green days. Key Levels to Watch Support Zone: The green zone between $1.750 and $2.070. This area has been a stronghold where buyers step in since 2015. Resistance Zone: The red zone between $5.500 and $6.500. Prices have hit a wall here multiple times. Moving Averages 66-day MA is almost crossing the 200-day MA The price is hovering near these the 100 MA, and with the recent bullish pattern, there's potential for a significant move. MACD Indicator The MACD keeps losing bearish momentum and the line is approaching to crossing above the signal line, suggesting a shift towards bullish momentum. Volume There’s been an slight increase in trading volume past days, which is a positive sign that the recent uptrend might have strength. What Could Happen Next If We Go Up: Holding above the $1.750 - $2.070 support zone could lead to a move towards $3.500 and possibly $5.000. Breaking $5.000 could set up a run to the $5.500 - $6.500 resistance zone. If We Go Down: Falling below the $1.750 - $2.070 support zone might lead to a drop to recent lows around $1.500. Breaking below $1.500 could mean heading towards $1.200. The Bottom Line NATGAS is showing signs of bullish momentum with the formation of the "Three White Soldiers" pattern. This pattern can shoot price far above the 100MA, opening the way to the 66-200MA Cross at $2.35. As always, manage your risk carefully in these volatile markets. This isn’t financial advice. Do your own research and talk to a financial advisor before making any trades.Longby Diamond-hunter4