NATURALGAS Today's Daily Candle sitting on the top of the up trendline seems bullish. Tomorrow will tell.Natural Gas (Henry Hub) forum
NATURALGAS Today's Daily Candle sitting on the top of the up trendline seems bullish. Tomorrow will tell.
NATURALGAS will it reach 2.77 area this week ?if it would manage to close 8H or daily bellow 2.9 than it would reach it in next candle as it is empty of any kind of support.
NATGAS Very hot temperature the entire week. That dip in price was the market Pac-Man eating your pellets. As for the Trump/Putin meeting, it has one goal. Trump saying "Look at me, I got to meet with Putin". Ukraine is not giving away half its country to an invader.
NATURALGAS bullish ordeblock formed today at 2.95-2.97 with bearish orderblocks filling all 3.09-3.19. Unclear if we got enough bullishness to break above. If price breaks below 2.95, then the next bullish orderblock is at 2.68-2.61. My bias that we're near a bottom and bounce from here has kept me from profiting from entering short scalps. On the other hand entering long near 3.12 appeared premature, so now I'm not entering long yet and I'm waiting patiently for confirmation of bullish market - even if it takes 3 months from now.It should have been an easy call to enter short on Friday and let it play out but the fear and hope that it will bounce from 3 made what appeared to be a technically correct short entry almost feel impossible to execute with confidence.
In the chart we have clearly defined market structures, key levels, key areas and volume momentum, essentially all the key information that one needs to read a chart and assess the asset (excluding internal knowledge or other external non-technical information) - it's discouraging to admit it but the technical outlook appears deeply bearish and yet I can't get myself to hit the sell button once price reaches a high point. Please feel free to provide your insights.
Good luck everyone!
timeframes 1w, 1d, 4h, 1h, 15m
NATURALGAS Is everyone afraid of the Trump-Putin meeting?
NATURALGAS allez 285 NGNATURALGAS Island reversal from Nov. 11, 2024 gap up. Trade with confidence :-) This is one of the cases where i was not patient enough to wait for an absolute low.NATURALGAS Very bearish gap down, sell at 9:30 AM Tomorrow and wait for 2.65 to 2.85 lows before to get long again.
XNGUSD Is this the last gap down? or more downhill starting?NATURALGAS Will this hold the very important long term support of 3.03 in the coming week ? Place SL at 3.00 and don't buy until it comes back to 3.07