Natural Gas LongNaturall Gas Long on break out there is gap around 4 area expecting it to fill from Lows it made lower high looking good to long option.
NATURALGAS trade ideas
NATGAS 2HR Bull FinishNatural gas trading refers to speculating on the future price movements of natural gas. Traders who think the price goes up would buy a natural gas contract, while traders who think the price goes down would short-sell natural gas.
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Gas - Fish miss old timesIn this famous technical formation called "The fish misses the old days" it indicates how much the fish misses the price of times gone by. So it will try to recover those prices (in this case, higher prices), so the price will go up thanks to the fish.
This coincides with the fact that crude oil has been rising aggressively and it is a matter of time before gas follows this behavior, because these fuels are highly correlated.
NATURAL GAS 25% GAINS IMMINENTNATGAS is lining up to break out of this bullish consolidation structure/ bull flag and reaching its next resistance zone around 3.4-3.5.
This resistance also coincides with the measured move of this bull flag.
Upon entering on the breakout my SL would be below the previous lows giving a 2-1 RR.
Natural Gas - Everyone's looking nowI noticed that most of my posts get most of their views after the move has happened, and it made me think about how I used to trade - reacting emotionally to big price moves and thinking that the opportunity is still there when most of the time it isn't.
You need to constantly analyse the market to spot potential opportunities at great levels. We do this everyday and in the case that we miss something, we do not react emotionally ever and if a trade is not equitable (in our strategy it has to be a 2-1 RR) we do not take it.
We simply analyse the market using traditional analysis to find the best spots, minimising emotion, removing ego and maximising success. You guys should start too.
Natural Gas Long Idea to $3.50Natural Gas looks to be curling up off of this bottoming pattern, and the Ripster Clouds technical tool shows support for a move higher on the daily and weekly charts. If it continues I would be looking for a target of $3.50, which is just below the 34/50 Ripster Cloud on the weekly chart.
A case for a Short on Natural GasA simple scenario with 3 elements that might occur for a potential shorting setup. In case a new high is formed and resistance is met at the orange line with signs of a potential turnaround, the case for the short becomes even more relevant if a divergence on Awesome Oscillator appears. There is an interesting support curved trend line following the previous lows of the waves of the market, and if this green level is broken the pullback could see this going somewhere from 3.1 to 2.9.
Any short position in the green can be carefully managed with tight stop loss or exit if bullish momentum catches steam, especially if the opposite scenario of an AO divergence is met, signaling the potential end of the pullback which could turn out to be just a correction in the overall bullish direction of the price.
On the other hand, this could also be the end of this bull run and bring the price back down around 2.83 where most of the previous wave lows have been formed.
NATGAS - Forecast Target 3.6We all saw the bubble that sent gas's prices to the moon. I see now the possibility of gas reaching high levels on price arriving at least to 3.658$
Natural Gas accumulation brokenAfter 108 days, natural gas leaves the ranking.
For trade wait for retest top of range , below are followed by 100 and 200dma.
I have not done anything about this, I will accumulate about 2.2 if it comes.
Nat Gas SetupLooking for potential candlestick patterns near the rectangles which are potential support/resistance zones. Engulfing patterns are preferred, but any other can count as a signal.
The price needs to meet resistance near the first yellow rectangle above, and form a potential turnaround pattern and break the trend line. If the price starts following a downward path, after a correction, another entry signal could occur, somewhere near the second rectangle. If anything similar happens and the price reaches the blue rectangle, there could be a turnaround in that area of support. If not, the ellipse from above can be a zone of influence where bounces and rebounds can happen at that shape.
The icons are potential price predictions in time, and they must be hit or nearly missed for them to be successful predictions. They can be traded if the price forms a potential pivot point before their time stamp and relatively away from them, with a candlestick pattern (examples marked in the past price action) that can lead to the formation of a wave heading towards the first icon in sight.
Natural Gas - Are Prices Going Back Up!?Analysis:
Bullish Confluences
Strong upwards trend
Retest of a key support level
Broadening ascending channel present
Upwards trendline touch
3k long position decrease for the USD
Stay Safe - The JPI Team
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Natural Gas On Breakout....Natural Gas is Breaking out of the base. The entry is above this daily bullish candle and stop loss under the candle. Looking at 2R profit target, however there will be more entries along the way on lower timeframes for more scalping.
#NatGas Update An update of the ElliottWave count for Natural Gas. The way waves unfold makes me think we are at the brink of the acceleration. I may be wrong as I sometimes I grow overconfident with my counts failing to see an alternative scenario.
NATGAS FORECAST Bulls eye perspective 30%-44% +++i know i already have a long swing post im just redoing it with a cleaner perspective now
that it seems like the range is done
Im expecting price to take a bullish reversal at any of the following levels
gas tends to retrace 70% or so of prior move
now i think with the recent inflation reports
it only natural something like this happens just when all seems well bam
gas prices rise fed raises rates double bam recession
thats just from my expirience on times seem well in the markets
that said the lows keeping getting higher if you look at the blue line so
im definietly bullish till targets are met (post in updates)
Natural Gas Breakout Ng Breakout has happened...there a Chance Ng can Trend up from here
So take a position
Bullish in Natural Gas...
Chance of 100-250% upside
+90% Natural GasIs natural gas a good stock to buy?
When investing in natural gas stocks, it is important to look for companies with good financial stability, and a strong history of profitability. Natural gas stocks can be a good investment for stock market investors. This is because natural gas prices are expected to continue to rise in the future.
NatGas Daily Potential Bearish TradePEPPERSTONE:NATGAS
DATE: 25 September 2023
INSTRUMENT: Natural Gas
TIMEFRAME: Daily
COMMENTS:
Natural Gas Daily appears to have completed a complex Elliott Wave Pattern (Wave 4). Apparently price is setting to gravitate back to 1.61 - 1.467 price zone where we would expect price to bounce on those levels.
TRADE PLAN:
Look for confirmed bearish entries on lower timeframes
Natural Gas ScenariosIf the yellow curve does not hold, or the two red marked levels below, the white path with a continuation of the downward channel can be expected. Otherwise, we might see an attempt to shoot for the white rectangle. For such a scenario, first a break of the green curve needs to happen, and then the price action around the potential support of the yellow line or the red price levels below should give us bullish signs. The other 2 price levels above are potential resistance levels which need to be pierced.
!: If the yellow arc does not hold and the price doesn't shoot up, carefully watch out for any significant drops below any higher lows that have been formed in the meantime, which will signal a weakness in the potential bullish wave.
Natural gas will go higher!So, we are back with another trend analysis and new support/resistance levels.
We have had a major pullback from our latest resistance level of 3 back to around 2.8~. Which is fine, its natural.
But I still strongly believe in a major bull run and upside in natural gas, which is why I believe we have to go higher, and we will in the last 2 quarters of 2023.
We have resistance level around 3.3~ - this was tested back in October/November 2020 and most recent around January 2023. This is my first target price (TP 1).
What happens after this is hard to guess at this point of time.
Will we have another energy crisis? What about the war in Ukraine and Russia? My best guess is that we will go higher after reaching 3.3 – but only time will tell.
Let me know what you guys think!
Good luck!
Natural GasBreaking out to the upside in a H&S type formation confirmed by system bullish bars. Target $4.10, i.e. just below gap from a few months ago.
Natgas, what do you think?What do you think about this? What will be the market reaction after opening? Personally, I bet on line number 1
NATURAL GAS, Century Descending-Wedge Breakout Incoming!Hello,
Welcome to this analysis about Natural Gas and the monthly timeframe perspectives. Natural Gas over the last times as I discovered has built a massive formation which will be an important source in the upcoming times and especially when it completes the developments happening after the confirmation will be huge. Besides that, there are also other fundamental factors that play into a potential bullish increase and the developments that can be seen in real price-action. Therefore I am looking at all the important levels and upcoming determinations we should consider with Natural Gas's established structure and the upcoming movements ahead of the next times.
Structural Technical Developments:
As when looking at my chart we can watch there how Natural Gas has formed this major formational structure with several bounces to the upside from the lower supports every time holding these supports and increasing with volatility and volume which is a good sign for stabilization. Furthermore mainly Natural Gas is forming this massive reversal formation, this formation is a descending-wedge-formation which is known as a solid bullish reversal formation. Natural Gas already managed to complete the coherent wave-count from A to E in this formation and is now penetrating the upper boundary of the formation with the recent bullish move. Besides that Natural Gas is now holding above the 35-EMA in red and the 100-EMA in green which it had previously as resistance and is now appropriate support.
Upcoming Perspectives And Fundamentals:
Taking all these factors into the consideration this formation has a good potential to complete in the upcoming times which will happen with a final breakout above the upper boundary, this will complete the formation and will also activate upside targets marked in my chart within the 10 areas. From a fundamental perspective, there is the thing with governments altering the gas price higher with setting taxes and extra fees on the gas because more and more governments looking to increase renewable energies these are measures actively taken by governments to switch from fossil energy to renewable. This is why the actual gas price will go up higher in the next times to come as the regulatory body step by step is setting the price higher which is also corresponding with the technical development suggested, therefore the bullish case has an increased likelihood here, it will be an interesting journey ahead.
In this manner, thank you for watching my update-analysis about NATURAL GAS and the main descending-wedge and its breakout likely to emerge in the upcoming times, great when you support it with a like and follow or comment for more market insight!
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