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Natgas

Crude Oil setup to rally to new highs - $USOIL $CL $CL_1 $XOMAside from Crypto, I've had the most success in the last decade trading crude based on a combination of technical analysis (classical charting) and trading the news (economic indicators, such as OPEC releases). Between March - June 2021, Crude oil prices formed a cup and handle that concluded with price reachings its target just above $75. Price then corrected, forming a triangle that turned into a bear trap as sellers sold the breakdown before price rallied back into the consolidation. From failed moves come fast moves. Over the last 6 weeks, price has formed an inverted H&S. Having occured after a downside break and failure, this is an immediate buy signal with fast upside price implications. Oil is a fun and scary market to trade because of the volatility and liquidity combined with leverage opportunities. Be safe, j
NYMEX:CL1!Long
by jBTCkingaling
1
Technical analysis update: USOIL (26th August 2021)West Texas Intermediate oil continues to march higher. Yesterday it traded as high as 68.51 USD. RSI continues to rise since 20th August 2021. Although, yesterday it started to flatten little bit. MACD's averages crossed and point to the bullish direction now. However, we need to note that MACD is still in the bearish zone. Stochastic is bullish. We will observe price of USOIL in the following days for any weakness. Current level of the most importance is 65 USD and 70 USD. In our opinion if USOIL manages to hold above 65 USD pricetag then price will continue its rise. We are currently bullish. Recent thoughts from 24th August 2021: Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
TVC:USOILLong
by Tradersweekly
2
NATURAL GAS – Week 34 – $3.70 next?In our last forecast, our target almost got hit as we anticipated the price to pullback and test the trendline. In the coming week, we expect a small consolidation to occur that will test the resistance level before falling towards the support area that we highlighted. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
NShort
by financialflagship
27
$KOLD Target 33.99 for 52.28%$KOLD Target 33.99 for 52.28% If you know anything about Natty and my setups with natty you KNOW this will happen… kind of like this… perhaps with a little adjustment. I did add some yesterday but was unable to update... sorry y'all... I really kind of miss UGAZ / DGAZ right now… ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
AMEX:KOLDLong
by SPYder_QQQueen_Trading
2
NATURAL GAS – Week 33 – Correction to continue.In our last forecast, we rightly anticipated the price to break the first trendline and consolidate underneath. In the coming week, we expect a small consolidation to occur that will break the support level and push the pair towards the second trendline. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
NShort
by financialflagship
27
NATGAS Can Fall From The Zone, Pattern CompletedTraders, NATGAS is inside another FCP zone where we have higher time frame FCP (Fibonacci Confluence Pattern) W pattern completed. This means that there are good chances of it taking a correction. The market has been very bullish and it may take a correction as few of these factors are lining up. Follow the arrows for directions and lines and zones for support/resistance and targets. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
NShort
by vikinsa