Natural Gas (Spot)Updated Natgas Low momentum bears
Alright folks, let's vibe with the market rhythm. Sure, we've noticed a bit of a chill in the bearish vibes lately, but hey, don't go diving in headfirst just yet. The price is still cruising below that downtrend speedline, so we gotta keep our cool.
Time to channel our inner candlestick whisperer and ride those lines like a pro. If we start sensing some bullish energy revving up, then maybe, just maybe, we'll entertain the idea of hopping on a counter to downtrend trade. But for now, let's stay sharp, stay savvy, and let the vibes guide us through this wild market ride.
Time to channel our inner candlestick whisperer and ride those lines like a pro. If we start sensing some bullish energy revving up, then maybe, just maybe, we'll entertain the idea of hopping on a counter to downtrend trade. But for now, let's stay sharp, stay savvy, and let the vibes guide us through this wild market ride.
Note
Price creeping on the down resistance speedline.Note
The bears and the bulls are fighting this out. With almost the same bearish as bullish momentum the price is trading sideways. The price is hovering between 1.80 as resistance and 1.56 as support.Note
Brears might be taking a leisurely stroll, but the funky beat of bullish momentum hasn't quite hit the dance floor yet. As a trend trader grooving to the rhythm of the market, I'm keeping it cool and staying neutral for now. Let's see where the funky vibes take us next! 🕺📉🎶Note
Feeling the groove, but not quite hearing the full band yet. Lower timeframes show some demand vibes, but it's not resonating enough to shake up the higher timeframes. Staying neutral for now, at least until the rhythm picks up and we get the whole funky ensemble rocking! 🎶🎸Note
Price trading sidways for now.Note
1.80 is holding as resistance for now. However, we start seeing more bullish momentum candlesticks - see daily chart.Note
Sideways trading for now, indicating that the market is quiet or highly active. On my shortlistNote
After an accumulation phase the price broke-up from sideways trading and moved higher. Anticipated 2.60 if price continue within the uptrend.Note
Bulls are performing well.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.