GAS
Natural Gas - BullishWith the current clima, demand for natural gas for AC-cooling, there is a good foundation for a bullish move in Natural Gas.
1. Lets see a move upwards to the 2.8
2. Maybe a slight pullback
3. And then the big move towards the 3-3.05 level
Also bakced by the fact that Buffet have bought into LNG so lets see if the trend can hold.
Good lucK!
NATURAL GAS BEARISH TREND IS ABOUT TO CONTINUEMy analysis for CAPITALCOM:NATURALGAS please BOOST and FOLLOW for more analysis and trading ideas
Natural gas-head and shoulders patternClear bearish head and shoulders pattern for natural gas. The head and shoulders is a reversal pattern that can indicate a potential trend reversal from bullish to bearish. The pattern consists of three peaks, with the central peak being higher than the other two, resembling the shape of a head and two shoulders.
In the context of natural gas trading, the head and shoulders pattern typically forms during a prolonged uptrend, indicating a potential exhaustion of buying pressure and a shift towards selling pressure. The first peak represents the left shoulder and is formed as the price reaches a local high. This is followed by a retracement or pullback, where the price temporarily declines.
Natural Gas - KeyLevels for next WeekIf you wanna take a trade on NATURAL GAS, maybe before that, you need to conisder this KeyLevels of support and resistance areas.
Careful with shorts until on daily is bullish / upptrend + August and september is coming , when de big companies refreshes their stocks for the winter
NATGAS Bearish Correction! Sell!
Hello,Traders!
NATGAS was trading in an
Uptrend but then hit a strong
Horizontal resistance of 2.683$
While trading in a bearish wedge
Pattern from where the
Price made a nice bearish
Breakout so I think that
Natgas will go down
Sell!
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Natural Gas: 1.618 Confluence Support Zone Has Held Natural Gas was trading at this Log/Linear 1.618 Confluence Zone for a while and even confirmed a 3 white soldiers pattern from the zone, but has since been very quiet. However, it's recently begun to bring us somewhat of a bounce and has confirmed a couple of higher lows with some hidden Bullish Divergence on the MACD after holding above the Bullish Control Zone on the RSI and now it's looking to make some higher highs and could take back the entire range.
It should also be noted that this 1.618 confluence zone is at the PCZ of a 1.13 Bullish Shark.