Gas bullrun this winterWe all know that when a war breaks out the prices of energy will go up. Just buy when you hear for example on the news that China is invading Taiwan, or any other crazy war the global elites like to make.
JKM1! trade ideas
Natural Gas Future Prediction - 17.11.2023 - Trading Marcos LeveNatural Gas MCX Future - November Intraday Trend Analysis for 17.11.2023
Buy at: 265.05 with Target 1 - 265.75 and Target 2 - 272.7
Add one lot: 262.9
Sell at 260.75 with Target 1 - 243.25 and Target 2 - 236.3
Stoploss:
Buy Position SL: 260
Sale Position SL: 266
This Natural Gas MCX Future analysis is for educational purposes and one should attempt a paper trade on the above mentioned levels for an Intraday Range of 18.2 Points on 17.11.2023
Comment here to let me know your experience.
Can Bulls Will take Control of $MCX:NATURALGAS1!Dear Followers,
I wanted to keep you informed about the latest developments in the natural gas market. Recent trends indicate a potential Uptrend in natural gas prices. This presents a potential opportunity for a Long position.
Key Points:
🔹 Natural gas prices have shown a consistent downward movement over the past weeks.
🔹 Supply levels have been relatively stable, while demand has experienced some fluctuations.
🔹 Experts suggest a short-term Bullish outlook for natural gas.
Action Plan:
Considering the above factors, it might be prudent to consider a Long position in the natural gas November MCX:NATURALGAS1! Contracts.
Natural gas will try to face 1st Support Near 260-262 and If its break then Probably We Can See 243-245 level and if its break then it will test 230-233 level.
Buy Near 258-260 Stop Loss 250 Target 275,280,288
Investment Required - 70000
Maximum Loss – 12500
Profit Upto 36000
Risk Management:
As with any investment decision, there are inherent risks. Natural gas prices can be volatile, and sudden market shifts can impact your investment. Ensure you have a risk management plan in place.
Please note that market conditions can change rapidly. We recommend staying updated with real-time market data and consulting with a financial advisor before making any trading decisions.
Feel free to reach out to us if you have any questions or need further assistance.
Best regards,
Ajay Metha
Natural Gas TradeNat Gas is in a sideways trading range for awhile, until it can break out above $3.50 and hold, then it has the potential to go to $4.00 and possibly $5.00 on an catalyst and extreme move.
Natural Gas DXY GOLD SILVER OIL Price Forecast00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
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Nice text book Head and Shoulders pattern on Nat GasTook profit on recent run up to the mid $3's (BOIL)
Hedged with a long term position to the downside (KOLD) and back in for another move to the upside (BOIL) #Winter
NATURAL GAS - NatGas - LongPotential ABC could be ongoing..
open a long position only after 2,8 break
NATURAL GAS - NatGas - LongRetest of 0,61 unitl leg 1
double bottom above support area -- false break out with recovery of price livel
.. potential upside for the next move.
NATURAL GAS - NatGas - Longaccumulation of new position
I have three position long .. this is the last for a potential C
Natural Gas DXY GOLD SILVER OIL Price Forecast00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
07:51 AMEX:UNG Stock Forecast
10:24 USO Oil Stock Forecast
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Livermore Accumulation Cylinder#natgas is still bullish as long as $3 and weekly EMA30 still support price.
On the daily, I also see a Livermore Accumulation Cylinder, which will build-out a decent cup and handle.
TRADE SETUP_25% UP MOVE IN NATURAL GASThe Natural gas is seen in an Elliot wave structure since Jun.2023 bottom.
The current pullback shall be considered as a wave IV pullback(until the wave I high of 3.015 does not get violated).
From current levels though what should be expected should be a 25% rally (wave V)
towards the 4$ mark.
Also note that the wave markings have been done on an hourly chart but the daily chart is being posted here for the sake of better picture quality. In case anyone interested in having a look at all the internal markings on hourly, they could let me know.
Note*- Futures trading involves leverage and carry significant risks. Please trade with caution and do your own analysis before taking up any financial position.
Nat Gas Support Zone Coming SoonIf you are looking for a Nat Gas trade, it is set up to be a buy once we get to a support zone on the chart.
NG Bottom Done Possible Upside to 330 Now NG Bottom Has Been Done .
Look for Reversal to Buy Here .
Big Targets Awaiting
NG Bottom Done Possible Upside to 330 Now
NATURAL GAS: Rebound expected near the 1D MA50.Natural Gas is on a six day bearish streak, turning neutral on the 1D technical outlook (RSI = 47.415, MACD = 0.105, ADX = 27.914). The pattern since April is a Bullish Megaphone and every pullback like this, has been a buy opportunity. The last one reversed just before it hit the 1D MA50, and as the 1D RSI is also near the S1 level, we turn bullish, targeting the R1 level (TP = 3.645).
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Natural Gas in INR 1WNatural Gas will consolidate util mid January 2024 between 239 and 298.
In the second half of January 2024 the last part of consolidation will take place eventually followed by a breakout happening no later than March 2024.
The time of breakout (and its retest) will be dictated by how price action tackles the level of 274.
After breakout (and retest) price might run to the range of 396-466.
BUY zone: 239-274
SELL zone: 396-466
Ascending Triangle (Bullish)Natural gas is trading in a bullish Trend after broke the Neckline of Ascending triangle.
wait for the retest of broken structure,
levels for buying:
3.12 , 3.08 & 3.00
Profit targets are 3.45 & 3.78
Stop should be below 2.96
Trade at your own Risk!
Natural Gas OIL GOLD DXY Silver Price Forecast00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
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11:56 Silver XAGUSD
#naturalgas #xauusd #dxy #xagusd #natgas #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil
Natural Gas Futures repeats 2020-2023 cycleNatural Gas Futures is going to 1.84 and then starts the new growth cycle according to Elliott Wave Theory.
Natural Gas Might Slip till 284 LevelsNatural Gas Might Slip till 284 Levels once it breaks & Sustain below 290 levels,it is forming inverse flag and pole pattern in 15 Mins TF..
Target Achieved Natural Gas,shared the Levels in Previous PostTarget Achieved in Natural Gas,shared the Levels in Previous Post..
#NATURALGAS UPDATE 📆 2nd NOVEMBER
Natural gas prices dropped by 2.3% to $3.494 per unit due to expected warmer weather and the belief that US gas reserves will be higher than usual.
SUPPORT AT 278 - 280(BUYING AGAIN ZONE)
If not sustained above 278 then natural gas will enter in bearish zone
