Red Sea Crisis: How it will trigger the market?The recent development of the Red Sea crisis does not suggest that it is going to resolve anytime soon.
Which markets have already started moving? And how far will they rise this time?
We are going to recap the supply chain crisis during the pandemic and also delve into the current supply chain disruption caused by the Middle East conflict, which has led to the Red Sea crisis.
My name is Kon How, and my role in this channel, as always, is to study behavioral science in finance, discover correlations between different markets, and uncover potential opportunities.
Henry Hub Natural Gas Futures and Options:
Minimum fluctuation: 0.001 per MMBtu = $10.00
Code: NG
Disclaimer:
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MNG1! trade ideas
Near flag pattternIn English
A bear flag is a bearish chart pattern that's formed by two declines separated by a brief consolidating retracement period. The flagpole forms on an almost vertical panic price drop as bulls get blindsided from the sellers, then a bounce that has parallel upper and lower trendlines, which form the flag.
NG is a buy with S/L 2.69Entry Price: Enter the trade at the current market price of 2.80.
Stop Loss: Place a stop-loss order at 2.69, which is slightly below the recent support level. This will limit your potential losses if the price of NG falls unexpectedly.
Target Prices: Take partial profits at the first target price of 3.00 and consider trailing the stop-loss to lock in profits. The second target price of 3.20 can be used as an exit point for the remaining position.
Natural Gas Probes Support. Is One More Feb '24 Bounce Possible?The US Natural Gas Fun (UNG) paces for its third-worst single-session performance in the ETF's 17-year history as of this writing. Tuesday afternoon weather model runs did the prompt-month of natural gas no favors, and the February contract has plunged all the way back under $3 after poking above $3.30 late last week. The current record-shattering polar snap will prove to be short-lived for the CONUS. A mild forecast in both the NOAA 6-10 day and 8-14 day outlooks are bearish for the energy-dependent commodity.
This is the most volatile time of the year for nat gas, and the infamous โwidowmakerโ trade (the March/April spread) looms. For now, though, I see support on the chart in a broad range. Notice in my featured chart this week that $2.80 to $3.00 has historically been a battleground between the bulls and bears. Whatโs more, natty is now testing its 38.2% retracement from the December low to the January high, offering potential support.
The trade here, in my view, is long with a stop under $2.80 on the prompt month. We will have a contract roll later this month to the much cheaper March contract (currently about 45 cents less expensive than Feb). So, we will get a natural gap down once the roll takes place. Thus, the duration of this idea is through January 26.
NATGAS Trading Opportunity! SELL!
My dear followers,
I analysed this chart on NATGAS and concluded the following:
The market is trading on 3.331 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 3.061
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
only gas triggered a COT long signaltargets and entries are clear on the daily chart (prior highs and entries/exits at 50% level of prior wicks)
to keep the risk low entering at such areas can be down on an intraday 10 min chart using fair value gap alerts.
looking forward for new long signals at sellside liquidity area.
NATURAL GAS Long-term High has been made. SELL.Natural Gas (NG1!) is having a strong bearish reversal since the January 09 High, which on this 1D time-frame can be identified as a Lower High on a 3-month Channel Down pattern. On top of that, the 1D RSI got overbought above 70.00 and is correcting.
This appears to be the new Bearish Leg of the Channel Down and we expect it to last around 1 month. Our Target is a new Lower Low on Support 2 at 2.135.
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Update on $MCX:NATURALGAS1!Dear Followers,
I hope this message finds you well. I wanted to provide you with a brief update on the stock MCX:NATURALGAS1! I have been monitoring.
It appears that the stock is approaching a potential resistance level Near 10450-10480 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 240 In Downmove.
Resistance Levels to Watch out.
Resistance levels are the opposite, representing prices at which a stock has historically struggled to move above. These levels can signal a selling interest. Understanding resistance points is crucial for anticipating potential obstacles in the upward movement of a stock.
R1= 250
R2= 258
R3= 265
Support Levels To Watchout.
Support levels represent prices at which a stock has historically had difficulty falling below. These levels often indicate a strong buying interest. It's important to monitor these levels, as a breach might suggest a potential downward trend.
S1= 244
S2= 239
S3= 232
As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out.
Best regards,
Natgas: Dive in! ๐ฆWith its recent high, the Natgas price should have established the high of the blue wave (iii) and is now in an intermediate correction of the blue wave (iv). We have already drawn a target zone between $3.02 and $2.90 where the price should now dip deeper and reverse. Following the low of this move, it should then go beyond $4 again before the magenta wave iv is completed. However, there is also a 25% probable alternative, which already places the price in the last leg of the white wave alt. (c). In this context, the price would fall below the support level at $2.23.
NGNG Level
Pink Level is Major S/R
yellow Level is miner S/R
pls find bullish or bearish patterns on level
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning purpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor, I am not responsible any profit and loss
Daily NG analysisDaily NG analysis
Sell โโtrade with target and stop loss as shown in the chart
The trend is down and we may see more drop in the coming period in the medium term
All the best, I hope for your participation in the analysis, and for any inquiries, please send in the comments.
He gave a signal from the strongest areas of entry, special recommendations, with a success rate of 95%, for any inquiry or request for analysis, contact me
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NATGAS SHORT FROM RESISTANCE๐ฅ
โ
NATGAS is set to retest a
Strong resistance level above at 3.00$
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below at 2.836$
SHORT๐ฅ
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Like and subscribe to never miss a new idea!โ
NATGAS: Short Trade with Entry/SL/TP
NATGAS
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell NATGAS
Entry - 2.906
Stop - 3.004
Take - 2.696
Our Risk - 1%
Start protection of your profits from lower levels
โค๏ธ Please, support our work with like & comment! โค๏ธ
Natural Gas DXY Gold Silver OIL Price Forecast- Natural Gas Natgas Stock daily uptrend confirmed
#naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
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05:37 USO Oil Stock Forecast
07:10 DXY US dollar Stock Forecast
09:19 Gold XAUUSD Stock Forecast
10:55 Silver XAGUSD
NATURAL GAS Strong sell on the 1D MA50.Natural Gas has been so far following the sell strategy we shared with you a month ago (December 04, see chart below), having already hit one Target (2.425):
Yesterday the price hit the 1D MA50 (blue trend-line) and managed to close the 1D candle below it, which stands out as the most efficient sell opportunity since the October 27 2023 High. Technically we can see a new Channel Down emerging with two Lower Lows and two Lower Highs already. Our long-term 2.135 Target on Support 2 remains, but technically the downside can be considerably bigger (-38.67% was the previous Bearish Leg).
If the price breaks above Resistance 1 (2.990), we will take an additional short-term buy, targeting 3.275 (Resistance 2).
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Natural Gas DXY Gold Silver OIL Price ForecastWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias
- Natural Gas weekly bear flag
#naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
04:55 AMEX:UNG Stock Forecast
06:22 USO Oil Stock Forecast
07:52 DXY US dollar Stock Forecast
10:52 Gold XAUUSD Stock Forecast
13:37 Silver XAGUSD