NATURAL GAS CFDNATURAL GAS CFDNATURAL GAS CFD

NATURAL GAS CFD

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NATURALGAS still inside a disgusting range! There's some resistance visible at 3.86-3.99 with the closest support at 3.63-3.65. However, so far the institutionals have been shaking the market grabing liquidity from both sides instead of making one sided moves to push either until resistance is reached or until support is broken and follow through. Price is looking overbought at 4h chart but the uptrend structure has not been invalidated and so my bias leans more towards testing the highs at 3.86-3.99 but 1h and 15m are both ranging currently - therefore no trade zone for me - possibly only scalp at 5m...
Good luck everyone!
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NATURALGAS The Ugly Red Daily Candle today was on low volume. But this at least tells that long players should be patient before to enter a trade.

NGAS You may notice, my previous comment stating I got banned got censored. If you want to encourage an indignant rant on every social media platform, then ban this comment too.

NATURALGAS some news if anyone missed. Germany and France supplied equipment and ammunitions to Ukraine are allowed to be used without any range limit. Now they can strike back at Russia as deep as the range allows. It comes after Russians drone onslaught on Kiev killing civilians lifes. It does not look peace will be on the page for a while. This most likely should support bull run or at least consolidation.
P.S: just an opinion not an advice

NATURALGAS opened a long here in the direction of the intraday trend 15m chart. We have retailers out of market, institutionals entering the market near a 35% retracement (discount from the previous swing high - today's open).
Oscillators show regular bullish divergence with price from this level and volume is peaking up.
My stop loss is tight at 3.6175 based purely on the atr (that is key level at 3.65 - 1.5 x atr) and take profit at 3.77 (1:2 RR) and 3.82 (1:3 RR).
From the 1h chart the same area is contested with 3.67 being the 50% retracement from the recent swing low of the 1h chart, given that we are short term in uptrend and price was oversold with regular bullish divergence my bias was bullish.
Good luck everyone!
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NATURALGAS it most likely will go for 3. 75 first, as it needs to revisit it before reversing to the lower support of 3.61. but i might be completely wrong and it will break above
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NATURALGAS something going on Natty plan to fly next 2 to 3 months. No possible to get this price again next 4 months Nymex 3.210 something Something. This my opinion only if anyone check long term chart and confirm. Price upmove to 4.9 bottom trend line afterthat 2.8x now moved to 3.8 again back to bottom up move trend line 3.10 and went to 3.5 again return back 3.210 so Just visiting trend line broken near place.all nymex price.

If request that chart pls share any email to my private message. I will share that chart.

If price will touch again 3.2 nymex invalid my chart.