NATURALGAS trade ideas
Moment of truthJust wanted to update the chart a bit. This is what I see.
So the break out is near. I continue to hold my longs and accumulating more when the price drops.
The volume drop on the sell side suggest a reversal. I think it will be to the upside. Anyway, I am paying close attention to the lowest demand zone. (fingers crossed we don't breach it)
Long natural GasDouble bottom breakout from a major support zone. Could be a potential 2nd position once the 4 hr time frame confirms?! Lets see!
Natural Gas (NATGASUSD): How to Buy With Confirmation 💨
Hey traders,
I spotted a classic harmonic ABCD pattern on Natural Gas.
The completion point of the pattern matches perfectly with a horizontal key level.
Analyzing intraday time frames, I also spotted a falling wedge pattern on 12H.
To buy with a confirmation, wait for a bullish breakout of the resistance of the wedge.
Its violation may initiate a bullish movement.
Goals will be 2.43 / 2.58
❤️Please, support my work with like, thank you!❤️
Natural Gas - Double bottomAfter a turbulent period, gas settles with a double bottom and confirms a trend reversal.
Natural GasI have shared my idea about natural gas. The market step by step becomes range during some months and then be ready to become bullish.
Natural Gas (Weekly) BuyWhat has been will be again, what has been done will be done again there is nothing new under the sun.
NG falling wedgeas i see falling wedge of chart is probably happening so i think soon or later this will break out to 3.3 to 3.5.
lets see how it goes.
natural could reversal hrer ?
ngas hard down several weeks in a row
but this area is good possibility to reverse here
let;s seeeeeeeeeeee ~~~
long natural gas bull from here ?
natural gas could pivot here ?
i expect this area is good for reversal zone
let;s seeeeeeeeeeee ~~~~~~~~~~~~~~~~~~~~~~~~~~~
If i Find any confirmationof SMC i will longIf i Find any confirmation Based on the Rules of SMC i will go long buz there is imb and B order
Natural GasMarch 30 10.30pm news of
gas storage will determine the trend of gas
My bias is toward upside as there is
technical support at 2 dollar
Based on research the cost to
produce natural gas is around 2-3 dollar
So chances to buy is high
Remarks
2.10 - 2.20 price good chance to buy
SWING TRADE TO THE UPSIDEI believe we are going to be green for a few days, sucker rally if you like, then most likly we are going to go down to 2 or lower.
For past few years the bottom is on descending trend so I would be surprised to see new lows at around 1.40
good luck
Natural gas long 25R25RR High Risk trade on Natural Gas
Could even get a higher RR, probably 40RR atm.
Entering with low risk.
Non financial advice
NATGAS may be about run on NOSI'm looking at a shark pattern on NATGAS. Real entry point for the pattern is at $3.6, with first target of $5.32. Very ambitious, but let's see how this goes.
If we get support at $2.42 level, we are very much looking at this idea getting real. I would even play the bullish interim run to the entry point of $3.6.
DYOR and trade at own risk.
natgas could be about to dcbnatgas has had a change of character near the lows.
price has now retraced to a nice entry level with decent R:R
5% SL under the previous lows
3 TP zones; .5 fib and avwap, gold pocket and rnage high, and 786 in the supply zone
Recap of my trade on NATURALGAS Good afternoon and good evening dear traders!
Congrats for those who could ride the down trend on the NATURALGAS for today. I posted in the morning an analysis where I said to sell NATURALGAS, as you can see it went down for 4% and that was a good profit for the beginning of the week, my customers and I could touch 5000$.
We closed after we got a squeeze of sellers and gathered our profit.
For more questions don't hesitate to ask and I'll be answering with pleasure!
Natural Gas - Bigger correction in this area?Hello traders,
Today we will do an analysis for NATGAS. This commodity is in a big downtrend on the daily and weekly timeframe that started in August 2022. For now the higher probability move is a bigger correction in this area. On the 4h timeframe we expect the price to move to the upside and break the previous local high that it made on the 3rd of March. Once it reaches the area of the magenta rectangle marked on the chart we must see if we will have a continuation to the downside or it will continue making a bigger correction (upside).
Another possible scenario is a move to the downside that coincides with the 70,5% Fibonacci retracement and then a move to the upside to break the local high.
Please don't jump in, wait for your setups, no matter what, and don't risk more than 1% of your capital.
SELL NATURALGAS Good morning traders!
This morning I'm sharing with you the trade my clients and I got in on NATURALGAS, I used to share the CL1! but since it's already on the move I'll keep waiting for a new trend to begin.
Well, as you can see the price was consolidating before breaking the channel, once it did with a high volume, it decided to come pull back on it, if you're already in you can add another position.
Natural gas is almost done consolidating On the 4th hour chart , natural gas looks to be forming a minor bullish divergence on the MACD. It has also formed a falling wedge , which has a higher probability of breaking to the upside. The current sell off was obvious when natural gas rallied to the upper trend line and couldn't break it. A move to the lower trendline is almost finished , a grind lower to tag it is very possible , and a move to 2.22 is not to be ruled out. The zone that natural gas has entered will , in my opinion, yield a reaction very soon.
Natural Gas Elliot wave theoryNatural Gas started to drop from 10 dolar and completed 5 wave of elliot wave downtrend around 2 dolar. From 2 dolar to 3 dolar movement A part of ABC correction. We are currently on the B wave which should end somewhere beetween 38.2 -78.6 of the Wave A. According to Pepperstone chart, Price should not drop below 2.22-2.25 area. Next Target will be minimum 3.20s
Good luck everyone
