Good News: Natural Gas is down 65% since April 2010The good news about Natural Gas is after adjusting for inflation, but still it is positive when the price of energy is low and affordable for consumers. We have a lot of natural gas in the USA and when the price stays the same and inflation makes your wages and income go up and makes the affordability of energy go up as well.
It is easy to remember the headlines about high prices a year ago and before on the Government lockdowns and supply chain disruptions (which continue with the Panama Canal and Suez Canal disruptions), and yet the drop in price isn't covered much by the media.
Our electricity prices were raised here in Connecticut because Natural Gas prices had soared to such high levels but the new rate agreement wont get set for quite some time, which means we are locked-in paying the highest prices for electricity when NatGas was $9 and now it is $2.
Prayers for prosperity in 2024 for all.
Tim
Tuesday, January 23, 2024 12:19PM EST
NATURALGAS trade ideas
NATURAL GAS - Only Way Is Up!From a technical standpoint, Natural Gas is currently at levels where there's very very limited downside and major potential for upside.
Many times when we've seen prices come to these lows, price shot up hundreds of %. It's unlikely that we'll hit 0 and therefore balance of probability suggests that going Long on Natural Gas would be a good bet!
Trade Idea:
- For a safe entry, enter on break of the red trendline
- For a risk entry, look for buying opportunities anywhere between the region of 1.6 and 1.8
- stops below lows after the red trendline breaks
- Targets: 3.5, 6, 10
Goodluck and as always, trade safe!
Natural Gas Double Bottom Oversold Stoch RSIDouble Bottom Oversold Stoch RSI. The technical analysis indicates a Double Bottom pattern along with an Oversold condition in the Stochastic RSI. This combination suggests a potential reversal or a bullish momentum in the market. The Double Bottom pattern is characterized by two consecutive troughs at approximately the same price level, indicating a possible trend reversal from a downtrend to an uptrend. Additionally, the Oversold condition in the Stochastic RSI suggests that the asset may have been oversold and could be due for a price increase. Traders may interpret this as a signal to consider buying or taking a bullish stance in their trading strategy.
NATGAS LONG TERM TRADE analysAug 27
Hello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Natural Gas - LongHi all,
Big long opportunities are araising in natural gas.
Now there are still a big selling pressure and roon for the RSI to get the oversold area. So in my opinion 2.131 is a good level for start buying. But the desirable level is the 1.643 and it can be reached as there is no clear pattern for revesal trend.
Nevertheless both levels are good as it can provide a good Risk Reward Ratio, considering the 2 potential targets (3.42 and 5.349) indicated.
good trading! :)
NATGAS TO $4.50! MAKE LIFE EXPENSIVE AGAINDada putin will give more sanctions and NATGAS will react. Major bankers use quantum computing and crazy algorithmic models to predict but it's actually way easier. The BRICS has plenty of gold and oil to sustain their native (ruble) fiat currency and there is no need to lower the price of NATGAS.
I am a technical trader but on NATGAS it's the same as placing a bet at the bookies, so start buying at range lows or premium and look to sell natural gas near $4.50...
Don't fade the obvious, much love.
Natural Gas RunA simple idea for a bullish long run with 3 icons as price predictions. These can be traded in advance if a candlestick pattern signaling a potential turnaround and the price position relative to the next target/icon, presents a good opportunity regarding risk/reward.
The rectangles are zones of influence which can become support, resistance, or consolidation.
Trade with good risk assessment and may the profits be with you!
Leading Diagonal!Dear FRIEND,
I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones.
As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market.
I am sharing my analysis with you. However, please note that I am not providing any buy or sell signals. My goal is to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
In the attachment, I have included my previous analysis of the same market so that you can compare and see the. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily).
I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished.
Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
(Mr. Nobody)
Natural Gas (XNGUSD) Buy Trade Idea Natural Gas (XNGUSD) Buy Trade Idea
The overall price is open in the bearish gap from 2.9500 to 2.71620 in the demand zone.
The trade setup should include the following:
Natural Gas Buying Zone: 2.7150 to 2.7750
Stop Loss: 2.6550
Take Profit1: 2.8250
Take Profit2: 2.8850
Take Profit3: 2.9850
Take Profit4: 3.1000
Must follow the money managements plan.
Still Bearish on NATGASLet's be honest: NATGAS can be quite a challenge.
In our recent analyses, we initially adopted a bullish stance, which proved accurate. However, a switch to the short side of the market turned out to be a misfire. Honesty is crucial, even in trading.
Nevertheless, we are not abandoning our bearish outlook. The lower gap is likely to serve as a compelling target.
The presented trading idea, targeting this gap, presents an attractive Risk-Reward Ratio (RRR) of slightly over 2.1:1.
NATURAL GAS accumulation idea realized since September 7We are currently hitting 50WMA and 200DMA.The price is located from the zone I set -78%(from this chart) from ATH. Of course if 1.7 is still in circulation.
All this requires the weekly candlestick to close above to receive one of the confirmations for further growth.
Of course if 1.7 is still in circulation.
Below you can see the analysis since September