NG weekly forecastIf there would be a bullish move, this is what I anticipate to see during the week, if bearish move continues price will break latest lowest low first and then bottom black line instead of reversing on Tuesday.
NGAS trade ideas
NATURAL GAS: It seems that the price may reach 2.5 soonNATURAL GAS: It seems that the price may reach 2.5 soon
For a long period of time, Natural Gas is in a clear downtrend.
It looks like it was a selling opportunity in all the bullish moves that Natural Gas created.
As you may see on the weekly chart the price closed a red candle week after week
and it is very dangerous to suppose any bullish move in these conditions.
Price already broke down also from 3.5 which is a strong structure zone.
Considering that many factors probably we could see Natura Gas to move down
up to $2.5 that is dating back in August 2020.
Thank you and Good Luck!
Natural Gas is looking for a bounceWe could see a move up in Natural Gas this week based on some indicators that I will explore in this idea.
NatGas forecast #001 2023Expe expecting some bullish retrace of this matter such a magnitude thereafter
I could be expecting a retrace followed by higher prices or a complete reversal
for a bearish continuation
And and remember kids you can make a million
Dm for upto date updates and signals group links
Gas nearing bottom imoMonthly chart suggests price nearing lowest levels. Gas storage needs reffiling
Natural Gas 4H Inverted Head and shouldersNatural Gas 4H Inverted Head and shoulders
Are gas prices absolutely going to explode?
to $17 per MMBtu
Let me know what you think
NatGas is Crashing. How Low Can We Go?In 2005, hedge fund Amaranth booked a profit of $1bn trading Natgas. A year later, it collapsed with $6bn loss as the Widowmaker fell from 16.3 to 4.5. Two years later the price dropped from 14 to 3, a 79% dive. In my previous posts I kept talking about bear flags and shorting NatGas. However I believed that max pain was 3.5, which is 65% from the top - August 2022 - how could it go down further, I thought.
Well, now looking at historical data, I've changed my mind. There's nothing to stop the Widowmaker from going to $1 this year.
Natural Gas (NATGASUSD): How to Buy With Confirmation 💨
Natural Gas formed a harmonic abcd pattern on a weekly.
Its completion point matches perfectly with a horizontal key level.
I am currently looking for a confirmation to buy.
I will look for a bullish breakout of a falling channel on 4H.
It will confirm the strength of bulls.
Goals will be 4.08 / 4.36
Alternatively, a bearish breakout of a blue area will push the market lower.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GAS EXELENT LONG SETUPBeautiful setup with high probability for long swing trade.
Falling wedge, followed by breakout and retest.
Oversold on all time frames.
This is excellent setup for a long swing.
Target is 4.8, which is previous long support (now most likely resistance)
4.8 is also exactly at fib .38
I entered yesterday
Due to high volatility, I don't recommend to trade it, swing is the way to go.
I am in with 15% of my portfolio.
NG trade ideaMarket traded below old weekly low possible retracement on last daily swing, hoping to see a retracemetn during NY session
Third time lucky!!! Buying NatGasTrade Idea: Buying Natural Gas
Reasoning: Invesrse head & shoulders on hourly chart at major support level. Posted a bullish hammer on daily.
Entry Level: 3.722
Take Profit Level: 4.418
Stop Loss: 3.543
Risk/Reward: 4:1
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Every Traders Dream Chart PatternThis is a Dream chart pattern to be found.
Multiple confluences of patterns and support lines intercepting at the same place.
You can see that there is a huge bottom support line intersecting with a down sloping support line.
On top of this, we have a reversal pin bar on today's chart and the completion of a bear flag .
This is a 80% probability of success pattern. This is a Gold mine finding.
I'm so confident on this pattern that I will be risking 50% of my portfolio.
NOTE: This is not a financial advice. This is my on trading and how much risk tolerance I can take. You should only risk the money you can afford to lose.
Happy trading.
natural gas(henry hub)Don't you think the gas has fallen too much!? In my opinion, after meeting the demand and breaking the trend, it will go towards full neck gap
The new refinery has started working and we saw the fall, but now the weather is getting colder
NATURALGAS: Buying Oversold Market
Time to buy very oversold Natural Gas.
Suggested Trade:
Swing Trade
Entry - 3.398
Stop loss - 3.11
Target - 3.91
Risk 1% of your trading account.
Good luck, traders!
Please, support this signal with like and comment!
