CONTINUE OR RETRACE Natural Gas could continue in this bullish channel however, I would like to see it pull back into this support level before going long again. You need to remember Natural Gas is a seasonal commodity and generally around winter time is when it will be utilized to combine that with another potential lockdown here in the UK could see people stuck indoors for longer than normal.
Naturalgasbuy
Tis the Season to be Gassing - Natural Gas is ready for a Boost I've been curiously watching natural gas for the past month on and off learning more and more about it. It has a season, mainly the winter months, but we do sometimes see spikes in the spring months. Gas has been in a really nice pattern for years on end and its finally shimmied its way back into the buy zone indicated by the green box below. I've found that when it hits this zone its only a matter of time before it jumps. How high will Natural Gas jump? Hard to say, but the last 2 spikes occurred within 2 years apart and the last was in 2018, so we may have a lucky year. However it has been sinking since 2014 hardcore, so the possibilities of height in the winter are hard to tell. Either way it is likely that gas will eventually make a decent penny for those that wish to hold long term into Nov/Dec to see if it sticks to an uptrend.
Can gas go lower? Sure. In the next 2 weeks it might go lower if the dollar rises. But the estimate is that within 2 weeks there will be a rise from natural gas, likely the latest date being Aug 17th. So keep an eye out.
ETFs for Natural Gas: BOIL (still official) / UGAZF (OTC, has been decommissioned in July, trade at your own risk)
NATURALGAS pull back to bullishNATURALGAS didn't break the small support 1.671. It will pull back to bullish.
natural gaslooking for buy entry on natgasusd for long term, however we expecting one last drop as shown on chart...
do not miss this the bottom !
pls be advised everything on this page is my point of view and its not advise to buy or sell, use it it for education purpose only,
Plane your trade and trade you plan only, pls comment bellow tell me if you see this ideas is helpful?? and how im i doing? & give this chart A thumps up, to help other see it
Regards,
Ali Dib,
The Chart Trader
Nat Gas poised for a bounce / Oil to $40/barrelClose as of Friday $2.73 a share
My entry is at $2.67 a share
I'm setting my S/L @ 2.56 a share (risking about 5%).. looking for about 20% upside in next 30 days. Could see some more consolidation early in the week but its poised to break up or down..
Areas of support $2.58-$2.61
PT #1 - $2.95 - $2.98
PT #2 - $3.16 - $3.19 - Highest probability short term target
PT #3 - $3.34
Other area of support / resistance are $2.85
If Nat gas and oil continue to be bullish on good volume i'll investigate more into lower PT's.
PT #3 - $3.59 - $3.62
PT #4 - $3.89 - $3.99
Like and follow me if you see value in my analysis! :)
NATURAL GAS FUTURES (NG1!) Monthly, Weekly, DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
The time to buy has come!Finally an opportunity for this misunderstood asset. Let's buy the breakout to the 60 entrancement in the daily.
Good luck!
Channel The Gas!*DISCLAIMER*-This is WEEKLY Chart- Not advisable to trade without an proper analysis. Not my fault if you traded and made a loss.
It is not like trading on M15 or H4, ONE Candlestick is actually 1 week so it is long term trade. I will explain how to better catch the trade at correct level with no risk.
The Natural Gas is in Channel, there has been multiple bounces on inside of channel trends.
Price is approaching to support since 29th February 2019 where price has made the lowest low.
There are support level where the 1st buy will be if price doesn't make it all the way to channel trendline likely in most case it will come short and go up.
Lots of wicks incites that price has breaking out moment so breakouts can occurs at any time.
Look for candlestick patterns like 3 Advancing Soldiers or Hikkake Pattern for an proper buying confimation BUT...
If price has broken the support, it will be likely to bounce off channel trendline with candlestick pattern like Hammer, Bullish Harami, Morning (Doji) Stars Patterns and Long Lower Shadow.
Please Google those candlestick pattern so you know what to look for once price are near to the key level for you to buy and hold over the weeks holding until the target is reached of around 3.0 - 4.5.
This is just an idea, i will be following this and updating the progress as week goes by.
NATURAL GAS FUTURES (NG1!) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
NATURAL GAS FUTURES (NG1!) WeeklyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
NATURAL GAS FUTURES (NG1!) MonthlyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.