NATGASUSD trade ideas
NatGas trying to bottom outTrade Idea: Buying Natgas
Reasoning: Posting higher lows after extended selloff. Potential double-bottom on s/term charts. Breaking above Ichimoku Cloud resistance on hourly.
Entry Level: 2.602
Take Profit Level: 2.937
Stop Loss: 2.477
Risk/Reward: 2.82:1
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Nat gas short coveringI believe we will have a bounce here. In case im wrong on direction, you can play it both ways.
NATGAS | LONGYo.
Expecting NATGAS to reverse here.
Entries around 2.509
First TP: 2.619
Target: 3.332
will keep some longs for this potential move tho
Recap of my trade for todayGood evening and good afternoon for American traders, I shared an idea where I said to buy NATURALGAS and I want to give a quick recap in order to encourage new traders to hold their trades for long time.
I have drawn on the chart all the points I added contracts after the pullback on the vwap which plays a strong support and resistance role in my trading system.
After seeing the configuration I follow to close, I kept waiting for several candles and added on more contract just for fun since I sat the SL right below the last contract I opened and kept watching for a while what will happen, then I noticed low volumes and I closed at the end of the small candle.
See you tomorrow in a new trade !
Natural Gas, Still anticipating, here are the TargetsAm still convinced that this is wave 4, I marked My Targets from this Trade. i believe the chart is clear, if you have any comments, or any different Idea please let me know.
Good Luck.
NatGas - MassacreI don't have a working cycle count in NatGas right now as I haven't traded it since it topped earlier last year.
This is a falling knife.
2 days ago we lost 3.300. That was the 2021.02.18 top and the Fibonacci 78,6% retracement level. As we broke below that level I see nothing until 2.442 and 2.267.
If anyone wants to long this needs to wait at least a reversal candlestick pattern but I wouldn't try any long position before price drops between 2.442 and 2.267.
XNGUSD Swing Trade As per my anaylsis i am expecting a quick swing trade because i think XNG is on the low and daily support has been formed. NFA
BUY NATURALGASGood morning traders, I'm sharing with you my trade on NATURALGAS for today, I'm riding a long trend since we got a breakout of the channel with a high volume followzd up by a pullback on the vwap which represents a confirmation on my trading system.
Set SL and TP on your own
How price reacts at key levelNatural gas has been on a long down trend.
Here on 15m tf, we see price reacts at a key level, indicated by a reverse candle which closes below the previous two candles.
Our entry is at the low of this candle and stop loss at the previous high.
complete analysis NATURALGASWe will see a drop in gas prices to the extent that it reaches the shaded area, and it is a strong resistance and a sub-fourth wave. When it reaches this limit, we expect prices to rise again to the previous historical peak, and then we will see if this suffices or the chart has other words.
NATGAS ready to bounce after 6 months downWhen bounce happens, we will go to fib levels. Everything points to at least 5 USD. Of course we can go to 10 or more. Nobody knows. I think its safe to bet long to 5 USD, and then wait. If the price goes to 10 or more, DCA to short.
Natural Gas: on watch for a breakout!We discuss the latest daily and intra day price action.
Some education about basing formation and what we need to see to gain likely more upside.
We would buy quite a lot of NATGAS when $2 levels are reachedWe hope the price will go down so we can buy cheaper
BUY NATURAL GASGood morning, This morning I'm sharing with you another trade my team and I got in.
All I can say about the reason why I have bought is as you can see on the chart a pullback on the VWAP followed bu a high volumed candle which gave us confirmation to buy.
TP and SL set them on your own.
NG updatethis analysis is based on elliot wave and ichimikou and chart pattern and harmonic pattern as depicted as a long term view and will be updated based upon in upcoming weeks .
please share your comments and like if you find it interesting and logical
tnx
Natural Gas anticipating Wave 4Hello,
I think NATGAS completed wave(3) when it reached $2.41, if that support line hold, I expect a correction until $4.50 or even $5.00, however its too early to decide from which price wave 5 will start.
I believe the chart explain every thing. let me know if you have any comment.
good luck.
Nidal Khalid
Go for buySeller are almost finish in market. Because there is no volume who can ride market to selling so. I personally request to buy some quantity so that you will not miss the bull run.
NaturalGas sell. May reachvthe target upto 2.8Breakdown happened in 4 hour chart. Expected to reach 2.8
Harmonic Shark ! Yes PleaseSupport possibly found, what news lurks behind a move such as this? Just a idea
Daily Analysis: Powell Moving MarketsDiscussing,
Stocks, Powell, Gold, Bitcoin, SPY, Yields, DXY, QQQ
There may be an arbitrage opportunity in the stocks market.
Stocks & bonds diverging yet again.
Natural gas prices may be due for a correction at current levelsNatural gas prices have recently touched oversold territory on the weekly chart as indicated by the Relative Strength Index (RSI), and the downtrend appears to have reached the lower parallel of the downward channel that began in August. Further confirmation is needed before a reversal to target the 3.5 level can be expected.
