H4 - Bearish divergence Most recent uptrend line breakout H1 - Bearish trend pattern followed by a pullback Until the two strong resistance zones hold my short term view remains bearish here.
From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread. I dont trade short term, keep in mind my ideas are longer term, and its boring. We wait for the cycles to bottom and we wait once in the trade for the trade to mature. Fallow, like so you dont miss the updates.
$NGAS - HOW WILL EUROPE REACT? DOWNTREND STRONG.... Gas price is coming home. $3.00 is not too far away. But how will the European government react? It seems like they want to keep the consumer price high. #NaturalGas
US natural gas prices have formed a head and shoulders top pattern, which may signal a weakening of the current major bullish trend and a subsequent reversal into a bearish one. The left shoulder coincided with the relative highs at the end of July at $9.30/MMbtu, a level that was then followed by a pullback to $7.53 (August 8) prior to the beginning of a new...
Looking price to go up a little bit and then continue down to take out equal lows.
Expecting bullish price action on NATURAL GAS after the gap fill, i think price will go higher to fill the bearish imbalances. What do you think ? Comment below..
📉 Expecting bearish price action on NATURALGAS, and we could try to short a market top on this area. We have a lot of bullish imbalances on the NATURALGAS that has to be filled into the incoming week. Also we had a big expansion move and the price should make the retracement move from there. RSI is overbought in this area meaning the price is very...
Short on break - 1H close below trendline Price Targets 3.980 - previous gap fill zone 3.536 - to reach this point is very optimistic lol Alternatively, we can look for a bounce from trendline, same as what was posted in the IDEAS section Prices and trendline drawn based on Natural Gas Continuous Futures listed on NYMEX, prices may differ from your broker
Hi everyone! In the idea of June 30 I waited for the beginning of reduction of price of gas. However, the price rose by new height. Despite this, my opinion did not change and I consider that gas is close to a turn. Technical indicators, including CCI point to it. TP1 = 3.539 TP2 = 3.046 Information provided is only educational and should not be used to take...
Hi everyone! The natural gas price reached trend lines and now technical indicators point out overbought. Therefore I expect the movement down to level 1.618 according to Fibonacci. Sold on 2.609 TP = 2.415 Information provided is only educational and should not be used to take action in the market. This section is intended for short-term speculation. Be ready...
Price is moving inside a Falling wedge, generally we will buy after a breakout of the falling wedge
It's a SHORT here - then see --> arrows.
Market already on the move, structure a clear bear channel that has already broken, more dump to follow. Trade at your own risk, analysis based on technicals only.
Weekly (long term) sale! Target range: $2.30-$2.15
Regular divergence Overbought R1 Pivot Short order at R1
Dates 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...
Dates 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...
Dates 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...