NATGAS 4H rounded bottom breaking upNatgas has formed a very textbook style rounded bottoming pattern which has shown signs of a confirmed breakout to the upside above the 2.11 level
NG trade ideas
Natural Gas Sell 2,302Trying selling from the 2,30 mark and short all the way too 2,1, should be some nice profits
LONG NATURAL GAS - TAKE PROFIT 2,310LONG TRADE ON NATURAL GAS / 15min Time Frame
The trade will be aviabale just now...
NATGAS // double bottom formationAlthough there is a double bottom formation on the chart, the targets are determined according to Fibonacci. Pay attention to the wedge resistance in the daily time frame.
#NATURALGASNATURALGAS INVESTORS are buying the dip . i think the green PF will describe market movements for next 2 months
NATURAL GAS: 11th April 2023: Gas on FIRE !!NG..
Can be a rocket above the B level marked as per ABCD pattern.
Good Risk Reward from here.
Fighters lets bring out the swords and be ready for this fire rally {with strict SL as marked at point B :)}
Cheers!
Knight Kumar
NatGas LongNaturalGas strong bullish signal on H4 chart. There was a consolidation 2.10-2.25 levels, according the last move 2.25 level become a new support zone and this is quite a strong signal to buy...
Natgas - as oversold as you get. LongNatgas is mega oversold at the moment
Seasonality is usually good in april
Look to go long hereon. Either manage risk with SL or puts
risk reward is good hereon
XNGUSD ready to reverse recent downtrend LONGOn the daily chart here XNGUSD had a head and shoulders or double top last summer and fall
and has now trended down to support. I see this as a prime place to take a long position.
The decline of the overvalued USD contributes to this idea as does the persistent demand in Europe
for compressed / liquid NG and the ongoing war there that could eventually grind into WWIII.
ETFs such as BOIL , UNG and UNL may be a good way to make this trade if not in the forex market.
NatGas Natural Gas Waiting for a Long setup for NATGas hitting a strong support zone plus a RSI divergence should make for a price increase, but then again, I know nothing of the market makers madness
NAT GAS - DB in, huge upside potential.NAT GAS turned to the upside on Thursday after putting in a double bottom.
With potential to the horizontal resistance the trade has a risk reward ratio of 1:5.5!
Adding to the mix is an oversold market and possible short squeeze in a volatile market.
NATGAS, Where I expect the low to be printed. NATGAS / 4H
Hello traders, welcome back to another market breakdown.
NATGAS has been trading in a down trend, the price is extremly oversold. I'll be looking for a short squeeze setup once it get to my level.
Tarde safely,
Trader Leo.
Rounding Natural gas on D time frameWe are retesting the Daily timeframe, im still in trade. close below, and im out
Natural gas, Time to buy?In a 12h of timeframe, i can see a rounding pattern with a break out, if we confirm it, I'm bullish on it.
Natural Gas crash?Natural gas has crashed when comparing it to the DBC commodity ETF.
If a recession takes hold, demand destruction always prevails and it looks like Nat gas is pricing this in.
This price action could be a leading indicator that many other commodities may be vulnerable to a pullback.
Since Natural Gas is one of the smaller components of this ETF, it can see a large influx of capital that has to stay long by rotating out of other overbought commodities. Natural gas has broken out before the DBC and it has bottomed before the DBC. Nat Gas has the largest divergence from its peers.
natgas - last bounce before 1,6-1,8Natgas should continue bearish trend, bull pressure is temporary. I will start selling from 2,25-2,4 ( SL above 2,5 and TP 1,6).
Natural Gas: Commodity DivergencesThe correlation between DBC (orange line) and Nat Gas is strong.
However, Nat Gas gas does have price history where it diverges, leads & lags the average DBC price action. The white arrows on the screen display the periods where Nat Gas And DBC (in orange) diverge. Some of the divergences have lead to steep pops & drops of mean reversion.
What were seeing now is a massive divergence of about -33%, Nat gas has crashed and is the number one underperforming commodity in this basket.
Nat gas has retraced back to the Pre Covid low levels. Looking at the DBC ETF its about 33% off the Pre Covid Lows.
Over history the correlation usually tightens up and it has a long way to go to close the gap divergence. This presents one of 3 scenarios..
1. Other commodities in the basket collapse
2. Natural Gas Rallies
3. Both options (Our Base Case)
Natural Gas still in downward Trend. Short then LongI'm looking at a buying opportunity for Natural gas at around 2026 and 1850 level.
NATURAL GAS 1W - long opportunityNatural gas price has already dropped 79% from the Nov 22' high and it usually drops around 80% if we look at the previous large price drops.
If we don't break below 1.60 - 1.80 level and confirmations for the long entry occurs i will consider going long.
ENTRY: 1.65 - 1.90
TP1: 3.44 - 3.70
TP2: 4.63 - 4.93
TP3: 6.40 - 6.85
SL: 1.150
This is not a financial advice! Trade with caution.
Natural Gas (NATGASUSD): How to Buy With Confirmation 💨
Multiple time frame analysis on Natural Gas.
Detailed trading plan.
Potential scenarios.
❤️Please, support this video with like and comment!❤️
How to play The GAS range to futhure ?Hello i want to you show you my plan for next days. For me go to long possition is the buy zone 1,8. All under 2,7 is for me Short.
I am not shure if we will go more up now than drop or we will go now to 1,8 and then long possition. It depends if we will push trought the chanel.
Lets see what will come.
NATURAL GAS-Did we bottom?During previous posts, linked in description, we tracked the bearish patterns unfolding in a macro ABC to the downside in Natural Gas.
Now, targets of wave C are reached and the structure seems complete. Bulls where shaken a bit out, and price reacted impulsively from 2.115, and then retraced to the Golden fibo zone, where today's daily candle was printed. Natgas may be now reversing to the upside.
NatGas pressing against the lowsTrade Idea: Selling NATGASUSD
Reasoning: Price action remains entrenched in a downtrend. Short-term rallies continue to be sold. We are looking for a break of support at 1.97.
Entry Level: 2.029
Take Profit Level: 1.900
Stop Loss: 2.080
Risk/Reward: 2.53:1
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