NATURALGASNatural gas prices are expected to rise to the next levels
3,048
3,151
3,458
This is after retesting the level of 2.575
Finally, it succeeds in breaking the important resistance level 2.723
NATURALGAS trade ideas
NATURAL GAS ( XNGUSD ) Long Term Trading IdeaHello Traders
In This Chart XNGUSD HOURLY Forex Forecast By Forex Planet
today XNGUSD analysis 👆
🟢This Chart includes_ (XNGUSD market update)
🟢What is The Next Opportunity on NZDCHF 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 - KeyLevels for next WeekIf you wanna take a trade on NATURAL GAS, maybe before that, you need to conisder this KeyLevels of support and resistance areas.
Careful with shorts until on daily is bullish / upptrend + August and september is coming , when de big companies refreshes their stocks for the winter
Natural gas head and shoulder pattern then blast offNatural gas head and shoulder pattern then blast off, it aligns perfectly for the August Rally, we could see this rally happening starting in late july to august where it breaks 3$ and goes to 4$ , 4.50$, 5$ really quickly.
Natural Gas Due for a move to upsideI believe natural gas is respecting the support trendline quite strongly and as long as this trendline is held I am long on gas.
One thing is for sue, we are much closer to the bottom than ever before... it is amazing that NATGAS is now worthless! too much production and storage has contributed to this freefall (not to mention that I believe it is highly manipulated).
At some point the producers will cut production to balance their costs...
Natural Gas - Very Stron Buy Signal Confirmed - Cycle Analysis Dear Trader
As my last NG ideas multiple factors on long terms are pointing higher high, today injection was +76 on forecasted +83, it is very bullish, especially knowing how it was still cooler temperature than actually
We expect storage injection keep getting bullish as we will soon enter july and august depleting storage for winter, any more catalyst like El Nino, Maintenance, or anything disrupting Supply, it will get higher than my analysis
But for now, IMO, 4.5 end of October is due, on the near term we can aim 3.5 we a scalp to 3
Enjoy the free ride to the top
But never forget to invest on your own risk as I am not a professional financial advisor.
#Like and comment my ideas will help me enjoy keep sharing ideas.
Cheers
Natural Gas - Strong Buy Signal Long TermDear Traders,
As we can see on higher time :
- Weekly
MACD just crossed into a buy position and it is heading toward positive area
- Daily
We have MA20 crossing MA50 and MA100 and MA50 crossing MA100
As you can expect those bullish cross is well timed with a heat wave we are about 90 CDD above average for +35 GFS long term run, same for ECMWF but with a little less CDD
Yesterday retracement was quick, but I think if this support is not broken, it will continue to support the price until 3,5 - 4,5
What about your thoughts on NG short term and long term ?
#Please trade on your own risk
NG behaviourThe natural gas has expanded long enough but given its nature it will still continue to rally up due to weather and political conditions. On Daily chart there is a short pull back around supp lvl 2.680 but will continue up until its recent high 3.050... Note the previous high that hit 3.050 has rallied which is a major resistance level.
The price keeps bouncing on grey trendline so it is still in long. The indicators also validate since the RSI is between 50-80 mark.
MACD has also crossed 0.0 so it should be a bull market. if any of this fails otherwise then its a re-tracement period. so watch out for the bull trap.
The candle sticks keep making higher high which indicates that NG has started setting for long and is trying to test the 200 EMA but need to look out for the price action and what it does to the red and green trendlines. Good potential to break the red trend line over couple of week.
Overall conclusion: LONG
Natural Gas Strong short-term Sell SignalNatural Gas since 12th June followed an upper trend channel with lower than expected injection through several weeks, although temperatures were cooler than average.
Higher temperatures are showing with texas being the main catalyst but a higher injection on last weekly report are increasing volitily of the natural gas market.
On technical basis, we are having similar set up as end of April, breaking through MACD upper chanel with a retest, and following same RSI pattern.
#Likes and comments are highly appreciated.
##Trades with your own risks and money management.
Natural Gas Daily ChartDear GAS will continue its bullish trend till its wave 4 is completed and then will go to bearish wave 5.
XNGUSD, DailyThe price of Natural gas is leaning to the upper side of a massive range-bound formation, which can lead to a continuation to the upside, as shown in the chart below.
As the volume and open interest for NG contract on Chicago Mercantile Exchange has increased to a new high, it’s possible to see a rapid development.
NATURAL GAS ( XNGUSD ) Long Term Trading IdeaHello Traders
In This Chart XNGUSD HOURLY Forex Forecast By World of Forex
today XNGUSD analysis 👆
🟢This Chart includes_ (XNGUSD market update)
🟢What is The Next Opportunity on NZDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This Video 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: Price May Move Down To 2.2 AgainNatural Gas: Price May Move Down To 2.2 Again
Natural gas is not finding the right bullish volume and it seems that 2.75 is creating a strong resistance zone from above.
All the times that we think it will grow further NG moves down.
It is not managing to hold the bullish volume.
Considering how the price began the movement it seems that it will
test 2.2 zone again.
Thank you and Good Luck!
NATGAS Massive Short! SELL!
My dear subscribers ,
This is my opinion on the NATGAS next move:
The asset is approaching an important pivot point 2.436
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 2.339
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
NATGAS: Bulls Will Push Higher
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too.
❤️ Please, support our work with like & comment! ❤️
Natural Gas (Hitting some resistants)
View On NatGas (19 June 2023)
Natgas is in
* Uptrend in short term (Intraweek)
* Neutral in Mid term (Intramonth)
* Neutral in Long term (Last 3 months)
Natgas is trying to hard to breach 2.6~2.8 again.
This is the third attempts in the span of 4 months.
Sooner or later, it shall break up higher.
#3 shall be next. Take it slow
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
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NATGAS: What goes up must come downLets keep it simple:
We've got a complete cycle hitting 4.236 fib + fake high missing local 1.13 fib + markets in panic
We had a small H&S pointing to T1: Hit
Whats next?
Expecting a bounce after hitting 0.5 fib @ 7.69 possibly forming a bigger H&S
Hitting 0.5 again after the bounce will trigger the bigger H&S and will quickly lead to 0.618-0.886 ($7.12-$5.86) levels to be tested.
Most likely liquidity below $5.30 will be swept before making any significant upmove
Fall below 1.886 ($4.50) will lead to tests of 1.272 ($4.04) or 1.618 ($2.40)
Only a sustainable (!) breakout above the recent high will turn the situation in favor for the bulls
Hold my beer pls
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No financial advice, do your own research, don't be stupid
NATURAL GAS Possible analysisThe NATURAL GAS trend is bearish for the last couple of months. The market placed a 1.9625 low on 14-Apr-2023. In a 4Hour time frame market reject the resistance area ( $2.35-2.42 ) as mentioned in the price chart and continued the bearish move. Now price is traded near the Support area ( $2.15-2.10 ).RSI ( relative strength index ) at over-sold levels and Volume indicates bears lose momentum. Price respected the trendline in the past two times and is now again near to test, so if the market close above this trendline with a strong bullish candle stick pattern then probably the market going up. So initiate long positions after closing above the Support area and also the trendline. On the other side, the Price traded below 200 MA (moving average ) which indicates the bearish trend is still in line. So Short selling is favorable if the price breaks the trendline to the downside and close below the support area as mentioned in the price chart after confirmation by a bearish price action structure.
Support and Resistance levels for day trading ;
Pivot Point Level: PP 2.1872
Support Levels: S1 2.0987, S2 2.0416, S3 1.9531
Resistance Levels: R1 2.2443, R2 2.3328, R3 2.3899
NatGas ( spot)Bearish Bat on progress.
Bearish butterfly almost done
WXY pattern appear forming . Of which first W is triple correction itself. Y abc appear completed as wave C 138.2% fib showing done.
Expecting Sharp fall. Let see.
Natural Gas: 1.618 Confluence Support Zone Has Held Natural Gas was trading at this Log/Linear 1.618 Confluence Zone for a while and even confirmed a 3 white soldiers pattern from the zone, but has since been very quiet. However, it's recently begun to bring us somewhat of a bounce and has confirmed a couple of higher lows with some hidden Bullish Divergence on the MACD after holding above the Bullish Control Zone on the RSI and now it's looking to make some higher highs and could take back the entire range.
It should also be noted that this 1.618 confluence zone is at the PCZ of a 1.13 Bullish Shark.
Natural Gas: A Bullish Move May Happen SoonNatural Gas: A Bullish Move May Happen Soon
NG is a very difficult and risky instrument in trading.
During the previous months, the price moved down without taking a pause by invaliding in
this way many bullish patterns were created during the way.
Finally, it seems that the price found a strong support zone near 2.1 and it is reacting
there very well.
Currently the price created a Descending Channel pattern and the chances are higher
that it may grow again as I showed on the chart.
Thank you and Good Luck!
