reversal can come anytime now 🔥NATGAS bearish downtrend/broke support from 2020/2021 but the selling pressure is really slowing down now break back above support (2.50) + break of TL resistance = rally back to 3.45-4.73-5.68 🎯 boost and follow if this helped! thanks 😏Longby Vibranium_CapitalUpdated 2218
Natural Gas - Elliott Wave Count UpdateNatural Gas - Elliott Wave Count this is an update to the previous view. Today, the market reached a new low after a few consecutive days of decline. The current reversal appears to be the start of wave C of 4. However, it is best not to rush into buying at this moment. We can anticipate another low after the completion of wave 4, which will be an excellent opportunity to buy for a significant gain. Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading. CAPITALCOM:NATURALGAS MCX:NATURALGAS1! FOREXCOM:NATURALGASCFD PEPPERSTONE:NATGAS CITYINDEX:NATURALGASCFD MOEX:NG1! NYMEX:NG1! VANTAGE:NG Longby Treda_proUpdated 12
Natural gas - UpdateNatural gas - Elliott wave count Weekly chart seems like bearish which is completely opposite to our view which we posted earlier.. this bearish view also possible so better be careful or atleast wait for some good reversal signal to take buy. This is an update to the previous view posted.by Treda_pro3
Natural Gas: It Moved Down More Than ExpectedNatural Gas: It Moved Down More Than Expected Natural gas has been very volatile recently. During these daysNG price moved down at a time when OIL and precious metals were growing. I'm not a big fan of NG as it tends to create a lot of fake patterns. However, the price is again offering a bullish pattern and it is likely to rise further. So let's see what happens! Thanks and good luck!Longby KlejdiCuniUpdated 8855
NATGAS testing $3 After the prolific run last year, Nat Gas has struggled but now it has broken out of $3 barrier and currently testing previous resistance. Seasonals are good here with up to mid of November, suggesting higher prices. Any unwelcomed activity in Strait of Hormuz can really send Nat Gas flying.Longby Kemsdale1
Natural gas rolls over, but risks remain on Middle East concernsNatural gas prices across the US and Europe surged into multi-month highs this month, as the attack of Israel suddenly brought huge concerns around a Middle Eastern conflict that could have huge implications for trade and energy security going forward. Qatar is one of the main nations who could have significant influence over the coming weeks, with the country continuing to host Hamas leader Ismail Haniyeh. The country has long been a key contributor of humanitarian support for Palestine, and recent warnings signalled a willingness to cut gas supplies to the west if the attack on Gaza does't stop. While we are yet to hear similar comments over recent days, any further threats would likely bring further upside for gas prices. With the West already struggling to contain prices, the trajectory of energy markets will be key in driving inflation expectations going forward. The chart highlights how price has started to reverse lower after the initial rally, with the break below $3.378 completing an intraday double top formation. With that in mind, further downside could come into play as price falls back down towards trendline support. However, with an intensification of the Israel response likely, traders should be aware of the risk that such a move could spark another leg higher in gas and oil prices. by ScopeMarkets7
Natural gas looking weak can fall more On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader112
Nat Gas Time Shortprice intercepted weekly 50ema. RESISTANCE. hovered little above to test the previous bottom. which again is a resistance. Double top formed at the top in 4H time frame. going short. stop loss above today's high. Shortby Guna1223Updated 1
NatGas UpdateI may be just about right soon for wave (iv) to finish. Alternatively, wave c of (iv) can take the shape of diagonal. by Fomenka6
Natural Gas Price Reaches 8-month HighAs the chart shows, yesterday, the price of gas rose above USD 3.60 for the first time since January of this year. It can be assumed that events in Israel contributed to the price increase, since the Middle East is an important supplier of gas. However, note that the bullish momentum started much earlier — gas prices have risen approximately 20% since the October 3 low. This confirms our assumptions about the bullish trend, which we published in the review on August 25th. Perhaps the price of gas is influenced by seasonal factors and fears that weather conditions in the coming winter will be difficult. Should we count on the continuation of the bullish trend? If forecasters’ predictions worsen and the conflict in the Middle East flares up, this will certainly increase the likelihood of further price increases. But in the short term, there are prerequisites for the formation of a rollback, since: → RSI indicates severe overbought; → the price has reached the upper limit of the parallel channel; → the tapering candles of the last days and the beginning of Tuesday demonstrate the presence of sellers — it is permissible to assume that buyers are taking profits. Please note that on Thursday at 17:30 GMT+3, gas reserves data will be published — this may affect the current balance of supply and demand. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen1117
EUR/CAD Long, CAD/JPY Short and NATGAS/USD ShortEUR/CAD Long • If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. CAD/JPY Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NATGAS/USD Short • If price impulses down below our most recent low, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. 20:00by StewySongs337
NATURAL GAS EXPECTED HIGH VOLATILITY WITH BULLISH TENDENCIESThe ongoing conflict in the Middle East involving Israel, Hamas, and Iran, is having a potential impact on global energy markets. The conflict is complex, with deep-rooted historical and political dimensions, and has the potential to escalate, affecting regional stability. Geopolitical tensions in oil-producing regions can disrupt global energy markets, leading to price spikes and volatility in oil and gas prices. US energy policies, including decisions on domestic oil production and international relations with oil-producing nations, can influence global energy markets as well. That situation creates conditions for high volatility in the natural gas prices, with more tendency to bullish outcome. If the bullish tendencies continue, the price might reach its resistance level at 3.394. In the opposite scenario, the price might revert to 3.271. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses. Longby legacyFXofficial0
Will there be a test of the resistance line now?Just an idea. It would be useful to test the former resistance linesShortby jaska1983150
CAD/JPY Short and NATGAS/USD ShortCAD/JPY Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NATGAS/USD Short • If price impulses down, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. Short19:21by StewySongs339
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.Longby rakeshreddymUpdated 33
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. Data taken from Oanda. OANDA uses innovative computer and financial technology to provide Internet-based forex trading and currency information services to everyone, from individuals to large corporations, from portfolio managers to financial institutions. OANDA is a market maker and a trusted source for currency data. Longby TheCryptoChartWhisperer1
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.Longby Cinnamon_ClubUpdated 559
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. Longby SynergyTradingSetupsUpdated 5522
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. Longby SynergyTradingSetupsUpdated 2
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 $3.50, which is just below the 34/50 Ripster Cloud on the weekly chart. Longby Jon4th4nB1rdUpdated 4
A case for a Short on Natural GasA simple scenario with 3 elements that might occur for a potential shorting setup. In case a new high is formed and resistance is met at the orange line with signs of a potential turnaround, the case for the short becomes even more relevant if a divergence on Awesome Oscillator appears. There is an interesting support curved trend line following the previous lows of the waves of the market, and if this green level is broken the pullback could see this going somewhere from 3.1 to 2.9. Any short position in the green can be carefully managed with tight stop loss or exit if bullish momentum catches steam, especially if the opposite scenario of an AO divergence is met, signaling the potential end of the pullback which could turn out to be just a correction in the overall bullish direction of the price. On the other hand, this could also be the end of this bull run and bring the price back down around 2.83 where most of the previous wave lows have been formed. Shortby nenUpdated 6
NATGAS - Forecast Target 3.6We all saw the bubble that sent gas's prices to the moon. I see now the possibility of gas reaching high levels on price arriving at least to 3.658$ Longby KrsnakeUpdated 442