Bullish divergence on daily chart, first target 1.80!!!
NATGAS BUY TP_2.139_18.24%_0.330pips_SL_1.699_6.08%_0.110pips
expecting natural gas price to stabilize if equity markets can recover soon.
NATGAS BUY TP_2.170_12.79%_0.246pips_]SL_1.865_3.07%_0.059pips
May pullback in the near-term, but with record short interest as long as above 1.87 looks good for a squeeze in coming month or two
NATURAL GAS Price has been fallen continue since many Years , so i am expecting One drop possible aacording chart pattern, we can see new bottom which is around 1.50 Dollar. Let see How Price Gone. ThankYou & All the Best
We going to continue to the price action between $1.862 and $1.957. Most importantly is its 50% level at $1.910. Trader reaction to this level will determine the direction of the March natural gas futures contract today. A trade through $1.862 will signal a resumption of the downtrend. A move through $1.957 will change the minor trend to up and shift momentum to...
OUTLOOK: BULLISH In the past few months NATGASUSD has been confounding forecasters - and whipsawing short-sellers - by rebounding sharply.
Looking For Correction then drop possible in downside. I am expecting a downside Move After Correction.
NATGAS BUY TP_2.790_25.68%_0.57pips_SL_2.162_2.61%_0.058pips
Breaking of support and resistance trendlines and confirming the change in trend using horisontal lines for the retest. First idea published.
After Friday's drop I started to analyze Natural Gas with watching the fundamentals much closer. Cycles alone are simply not enough for predicting future price in this volatile commodity. Earlier this year I posted this idea : I still think that we printed the 3 year cycle low back in August.I updated a bit the idea chart - as I was early when I was waiting for...
NATGASUSD is highly oversold on every single chart except the daily (M30, 1H, 2H, 4H). On the daily chart, while not oversold, we have reached the RSI support line we have held since August 2019 (3 mo.). This line can easily be broken, but it is here where I am taking a position with a tight stop loss. Price bounced from the 2.26 (0.236) fibb level, and will...
NATGAS bounced off 2.255 where it could potentially rise further to 2.430. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone...