NATURALGAS trade ideas
Cold Weather Sparks Natural Gas Rally – $5+ in Sight!🔥 Natural Gas Breaks Out – Bulls Charge as Cold Weather Fuels Demand! 🔥
Natural Gas Futures are soaring, backed by January’s colder-than-expected weather forecasts driving heating demand. The breakout above the critical $3.614 level signals powerful bullish momentum, with prices now trading around $3.8610 .
🚀 Why This Rally is Just Getting Started:
$3.614: A Key Level Overcome
Previously a strong resistance, this level had historically acted as support. Its decisive break confirms a shift in market dynamics and solidifies the bullish trend.
Gap to Be Filled at $4.1681
A price gap at $4.1681 suggests a strong upward magnet, as markets often seek to close such gaps. This aligns perfectly with the next major resistance target.
🌟 Trade :
Current Price: $3.8610
Take Profit 1: $4.1681 – The gap-fill level and next major resistance zone.
Take Profit 2: $5.3064 – A long-term target if cold weather continues to drive demand.
Stop Loss: $3.4300 – Protect your capital below this level, as it marks the lower boundary of this bullish momentum.
Natural gas is heating up, and the market is poised for an extended rally. The breakout above a historically significant level, combined with the gap at $4.1681, underscores strong bullish potential. With January’s cold weather expected to persist, this rally could have plenty of room to run.
The bulls are in control – ride the wave to new highs! 🐂🔥
Natural gas idea for 17th July 2024, bullish.📈🚀 Bullish on NATGAS! 🌟
Hey everyone! 🙌 I’m analysing about natural gas right now! Here’s why I’m bullish:
Strong Support Zone: Found a solid support zone on the daily timeframe from around $1.5 to $1.9. This is where buyers have been stepping in recently, which is a great place for purchases! 🛡️💪
First Target (TP1): My first resistance zone (where I’ll take some profit) is between $3.4 and $3.7. This is where we might see some selling pressure, but if we break through, it’s gonna be a breakthrough! OBVIOUS?10000%!! 📈💰
Second Target (TP2): The next resistance zone is from $4.9 to $5.3. If NATGAS hits this, we’re in for a big win! 🚀💵
What happens next? Only God knows!
🔍 Okey, short story about what is backing up my theory:
Increasing Demand: With hotter weather and rising electricity use, natural gas demand is up! More AC means more gas! 🌞🔌 And don't forget about the upcoming winter ❄️🔥; heating needs will push demand even higher!
Supply Concerns: Global tensions with Russia, the Middle East, and Trump assassination affect supply chains. Issues are keeping supplies tight, which is driving prices higher. 🌍📉
Green Energy Shift: Even as we move to greener energy, natural gas remains a key player as a cleaner alternative to coal and oil. Your friend’s Tesla won't work without coal, oil, or gas! 🌱⚡
Overall, NATGAS looks super promising right now. Let’s keep an eye on it and ride the wave! 🌊
#Trading #NatGas #Bullish #Stocks #Investing #SupportAndResistance
Feel free to share your thoughts or ask questions! Let’s make some gains! 🤑🚀
"NATURAL GAS" Commodities Market Bullish Heist PlanHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist "NATURAL GAS" Commodities 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 / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Target 🎯 : 3500.0
Attention for Scalpers : Focus to scalp only on Long side, 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 💰.
Warning : Fundamental Analysis news 📰 🗞️ 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, Like and follow 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.
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Natural Gas Bullish Chart Breakout RetestNatural gas has given breakout last week good volume and retraced back on friday on previous resistance zone.
As per Global Weather data Heating demand has continuously rising in this Winter due to cooling air flow.
next week mostly big gap up with fast move can be seen.
Natural Gas | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Natural Gas
- Double Formation
* 012345 | Wave 1&2 | Subdivision 1
* 2.0500 USD | Support Area
- Triple Formation
* Retracement 50% | Uptrend Bias | Subdivision 2
* 3.2000 USD | Resistance Area
* Top Bottom Structure | Gaining HH At 3.6700 USD | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
"NATURAL GAS" Commodities Market Bullish Heist PlanHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist "NATURAL GAS" Commodities 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 / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Target 🎯 : 3.500
Attention for Scalpers : Focus to scalp only on Long side, 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 💰.
Warning : Fundamental Analysis news 📰 🗞️ 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.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Turbulent Times Ahead for Natural Gas MarketNatural gas prices began the week with a gap-up, driven by forecasts of colder weather increasing demand, but have since faced strong selling pressure, making traders cautious.
◉ Technical Analysis
● A bullish turnaround seems imminent for Natural Gas prices, highlighted by the appearance of an Inverted Head & Shoulder pattern on the daily chart.
● After breaking out, the price momentarily reached the $3.290 resistance level before retreating and revisiting the breakout point.
● The price is now attempting to breach the resistance zone again, with expectations of exceeding the level soon.
● However, a drop below $2.800 could trigger a further correction.
◉ Overall Outlook
Natural gas prices are poised for a volatile week as traders weigh colder weather expectations against bearish technical signals. Thursday's inventory data will be crucial in determining the next price move.
Natural gas is in the Selling directionHello 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 prepares for the takeoffNatural gas is trying to find a dip after a correctional move, and may pullback higher.
Here's why:
The net position for commercial traders for Natural Gas futures from Nymex had reached the 2-year peak, which potentially means the imbalance in supply/demand equilibrium.
The fair price for Natural gas is calculated at between $3 and $4 per contract (10k MMBtu) according to energy administration of the United States.
Technically, it moves in a visibly strong uptrend and may contiunue to advance higher as pointed on the chart.
Don't forget - this is just the idea, always DYOR and manage your risk!
Natural Gas Prices Rebound from 2.5-Month LowNatural Gas Prices Rebound from 2.5-Month Low
On 19 November, we analysed the natural gas price chart, noting:
→ the formation of an upward channel (marked in blue);
→ a potential bullish attempt to break the key $3.200 level, which had acted as resistance (highlighted with arrows).
As seen on the XNG/USD chart, the price did rise above $3.200 but failed to hold. After fluctuating in the upper half of the channel, it dropped below $3.200 to the channel's lower boundary, driven by:
→ a bearish report from the Energy Information Administration, showing US gas inventories above the five-year average;
→ a report from financial firm LSEG noting increased average gas production across 48 US states.
This decline pushed natural gas prices to a 2.5-month low around the $2.935 level.
What Could Happen Next?
From a technical perspective on the XNG/USD chart:
→ support from the channel's lower boundary (reinforced by the psychological $3.000 mark) is already evident in an emerging price reversal (indicated by an arrow);
→ on the other hand, the $3.200 level may resume acting as resistance.
It’s likely that natural gas prices will fluctuate between $3.000 and $3.200, with weather forecasts playing a decisive role in shaping consumption expectations for the winter season.
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NATGAS_1Dhello
Analysis of natural gas in the daily and mid-term time frame based on the Elliott wave analysis style, after completing 5 rising waves, the market can enter a correction and move towards the number 2.222, which is a strong support in the long term, and companies, Countries complete their long-term buying in this area. For the next rising waves, currently the front resistance is 3.130 and the next number is 2.950, and when the price is below these numbers, the wave of correction and decline It can start and move towards the number 2.222
NaturalGas enters resistance zone. H4 25.11.2024⛽️ NaturalGas enters resistance zone 📉
On gas the price has entered the zone of strong resistance 3.51-3.63 from which I expect a new exit of the price down. Now on the comeback a false break above is possible, but in general the zone for selling is strong. I aim for a bounce down to 3.0 and 3.15, and there will clarify. The main support is near 3.0 and there is the boundary of the ascending channel from which they can bounce up again.
FX:NGAS