The price of TTF Gas may rise in the near futureIt looks like an ascending triangle model has formed. It is usually a continuation model with an upward trend, but also occurs as a reversal model of a downward trend.
TTF1! trade ideas
Natural Gas
there should be good entry point if it can breakout the resistance . otherwise, I'll still put it in my watching list.
Let's see what will happen by the end of July ( future contract will be renewed).
NG1! The Target Is UP! BUY!
My dear friends,
My technical analysis for NG1! is below:
The market is trading on 2.649 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.723
Recommended Stop Loss - 2.614
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
Natural Gas, DXY, GOLD , SILVER 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 Natgas Stock in confirmed daily uptrend
- Strongest resistance for natural gas resistance is 2.86
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
06:28 AMEX:UNG technical Analysis
09:28 Gold XAUUSD analysis
11:39 US dollar DXY
14:45 Silver XAGUSD analysis
NATGAS Local Long! Buy!
Hello,Traders!
NATGAS is trading along
The rising support line
And is about to retest it
So I think that we will see
A local move up
Buy!
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Check out other forecasts below too!
Natural gas can go up from hereFor all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
NATURAL GAS Moment of truth on the 1day MA200.Natural Gas / NG is trading at the moment between the 1day MA50 and the 1day MA50. The latter hasn't been breached or even touched since December 13 2022.
The pattern is an Ascending Triangle which has inside it a Bullish Megaphone pattern.
The common feature is the Rising Support. If the price gets rejected on the 1day MA200 and breaks the Rising Support, we will see a first test of Support Zone A.
Sell the first bounce and target 2.140 (Support B).
If on the contrary the 1day MA200 breaks first, buy and target 3.030 (Resistance A).
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Weekly Natural Gas Storage Report - 9.21.23 - TWorking gas in storage was 3,269 Bcf as of Friday, September 15, 2023, according to EIA estimates. This represents a net increase of 64 Bcf from the previous week. Stocks were 410 Bcf higher than last year at this time and 183 Bcf above the five-year average of 3,086 Bcf. At 3,269 Bcf, total working gas is within the five-year historical range.
EIA Natural Gas Storage Data
Total (09/15/23): 3,269 Bcf
Total (09/08/23): 3,205 Bcf
Net change: 64 Bcf
Implied flow: 64 Bcf
Year ago stocks: 2,859 Bcf
% change from year ago: 14.3 %
5-year avg stocks: 3,086 Bcf
% change from 5-year avg: 5.9 %
ir.eia.gov
Natural Gas DXY GOLD SILVER 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 Long - 10:00 AM Reversal Entering a long position in Natural Gas around 10 AM local time with bullish reversal candlestick pattern formed on the 15-minute chart with increased volume and confirms support, while managing risk with a stop-loss order at the Asian session swing low and targeting recent high.
Please note that trading involves risks, and this is a simplified trade idea for educational purposes. Always conduct thorough research and consider seeking advice from a financial professional before making trading decisions.
What Sends Natural Gas Prices Higher?The natural Gas market has been chopping around since we carved out a low in February of 2023, but has been overall trending higher and holding out above critical trendline support.
Looking at the price action, it has proven tough to hold contracts for the long term as there is so much volatility involved, but there are some KEY levels to watch to try and understand the overall market trend that is playing out.
Trendline Support:
As I mentioned earlier, there is a strong level of trendline support going back to the lows made in February, and buyers have stepped in and defended this trend with great conviction, not allowing the market to break and make a new low. Although when looking at this market it may look like just simple chop, it is clear the market is trending higher and has not broken below this level with conviction, signaling strength moving forward.
.382 Retracement Level:
When a market is in a downtrend or bearish trend, we often see strong rejections at the .382
retracement level that sends the market back lower. Looking at this chart, we saw Natural Gas breakout and hold above that key level in June, and have defended this level as support, dipping slightly below it a few times and then rallying back higher. This could have been the signal that sent the market back to more of a neutral trend, and if we can see a break and close out above 3.004-3.015, it could be the catalyst for a strong upside move.
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Disclaimers:
CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
*Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services.
Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
Natural Gas Price Forecast | Bull Flag 2.0 formingWelcome 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 Natgas Stock in confirmed daily uptrend
- Next level for natural gas resistance is 2.86
My view on Natural GasNaturalgas
forming Cup & Handle pattern
above 233-234
tgt 240-244-250++
My SL 226
keeping on radar NG 230 CE (Hero/Zero)
natural gas gold silver DXY forecastsupport and resistance guide natural gas gold silver DXY forecast
NATURAL GAS (18th - 20th SEP) OverviewNatural gas is supported by level 219.9 and is expected to rise in the near future, with a target of 228 in the coming sessions.
a breakout above 222.5 to confirm the bullish trend. If natural gas fails to break through this level, it could retrace back to the support zone at 219.9-221.9.
Overall, the technical outlook for natural gas is bullish. A breakout above 228 could lead to a further rally to new highs.
NG1! SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
NG1! uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2.606 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NG1! pair.
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NG1!: Market of Buyers
Balance of buyers and sellers on the NG1! pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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Natural Gas Gold silver DXY Price Forecast support & resistance guide of Natural Gas Gold silver DXY
NG1! What Next? BUY!
My dear friends,
My technical analysis for NG1! is below:
The market is trading on 2.643 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2. 693
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
Will there be new annual lows for Natural Gas?Will there be new annual lows for Natural Gas?
The current period is characterized by strong volatility in the natural gas markets of the United States and Europe.
U.S. natural gas futures ranged between $2.5/MMBtu and $2.6/MMBtu.
The IEA reported that inventories are increasing more slowly than expected, with demand declining due to seasonally cooler temperatures.
However, some restrictions on operations at LNG export facilities limit extraction from American soil, and strikes at Chevron's LNG plant in Australia contribute to price volatility.
Despite all this, Natural Gas futures remain stable around 36 euros/MWh in Europe and 2.55 in the USA.
One wonders why American natural gas prices have not risen, despite rising global temperatures, dwindling offshore platforms around the United States and several hurricanes in the Atlantic Ocean.
Europe and the United States have ample supplies of natural gas.
Last summer, after large purchases during the war between Russia and Ukraine, fossil energy supplies remained adequate thanks to the abnormally mild winter.
All this allowed the supply to be quite stable in the first months of the year.
There is no need to worry about the effects of natural gas shortages, both for users and companies.
We have adequate supplies to ensure an economical and reliable supply.
The tremendous winter humidity and high snowfall that hit the western United States in 2022 wasn't just a nuisance; they have also caused an increase in demand for hydroelectricity, which decreases demand for natural gas energy.
Last year, the West saw a sharp increase in natural gas consumption, but this season appears to be different.
There will not be as much consumption as initially expected.
Furthermore, storms in the Atlantic do not have the expected negative impact on American production.
El Niño blows into the Gulf, offering protection from major hurricanes.
Remember that investors have another option besides trading natural gas futures.
In fact, they can focus on related stocks such as gas producers and distributors.
These securities offer dividends and are ideal for all those who do not want to commit to studying the futures curve.
Antero Resources Corporation is a company engaged in the development, production, exploration and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin.
It is one of the largest independent energy companies. Their business is divided into three sectors: exploration, development and production of natural gas, NGL and oil.
From the technical analysis standpoint, you can easily notice a medium-term bearish trend.
Prices are sitting well below the 200-period moving average, with high volumes supporting the move.
The negative trend is therefore well-defined.
My model predicts annual lows in the $2 area.
Is Natural Gas(NG) Preparing for a Big Bounce???Technical Analysis:
- Natural Gas is in a weekly edging buy area and any moment it can bounce once wave (5) in blue will be done
- Anyway, the big probability with actual data is that a small extend could happen in the wave (5)
- H1 right side is turning down
- H4 right side is down
Technical Information:
- If you're a position trader or long term investor, you may buy in the actual level
- And if you're a swing trader, wait for possible extend in wave (5)
