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Natural Gas

NATURAL GAS Strong sell on the 1D MA50.Natural Gas has been so far following the sell strategy we shared with you a month ago (December 04, see chart below), having already hit one Target (2.425): Yesterday the price hit the 1D MA50 (blue trend-line) and managed to close the 1D candle below it, which stands out as the most efficient sell opportunity since the October 27 2023 High. Technically we can see a new Channel Down emerging with two Lower Lows and two Lower Highs already. Our long-term 2.135 Target on Support 2 remains, but technically the downside can be considerably bigger (-38.67% was the previous Bearish Leg). If the price breaks above Resistance 1 (2.990), we will take an additional short-term buy, targeting 3.275 (Resistance 2). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYMEX:NG1!Short
by TradingShot
2
NATGAS Will Collapse! SELL! My dear followers, This is my opinion on the NATGAS next move: The asset is approaching an important pivot point 2.469 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2.385 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
NYMEX:NG1!Short
by AnabelSignals
1
NG1! Will Fall! Short! Take a look at our analysis for NG1!. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2.468. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2.366 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
NYMEX:NG1!Short
by SignalProvider
1
NATURAL GAS: Long term Cycles target 1.400.Natural Gas is very consistent with its long term patterns and in particular Cycles that have been in effect since the 2008 crisis. The dominant pattern since then has been a Channel Down and with the application of the Fibonacci levels we get a good understanding of the Cyclical phases. We need to look at the 1W timeframe for that, where the technical is already bearish (RSI = 40.467, MACD = 0.009, ADX = 38.451), recently rejected near the 1W MA200 and now under the 1W MA50. We can see another three patterns with declines under the 1W MA50 after a 1W Death Cross formation. All pushed near the bottom of the Channel Down, with only the 2009-2012 taking longer. Every monthly rally is a sell entry for us from now on (TP = 1.400). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NYMEX:NG1!Short
by InvestingScope
NATGAS On The Rise! BUY! My dear friends, Please, find my technical outlook for NATGAS below: The price is coiling around a solid key level - 2.552 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2.750 Safe Stop Loss - 2.437 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
NYMEX:NG1!Long
by AnabelSignals
1
NATURAL GAS Turned bearish but short below the 1D MA200.Natural Gas (NG) opened today below the bottom (Higher Lows trend-line) of the long-term Bullish Megaphone pattern and that is of course the strongest indication that the market has turned bearish long-term. The first sign was breaking and closing below the 1D MA100 (green trend-line), which hasn't been done since June 14. The safest course of action would be to sell after the 1D MA200 (orange trend-line) breaks and target first the bottom of the Support Zone at 2.425 and after a bounce, 2.135 (Support 2) in extension. Until the 1D MA200 breaks though, we can see a dead-cat-bounce if the price breaks the Lower Highs trend-line and closes above the 1D MA100 again. If that happens before, as well as the 1D MACD forms a Bullish Cross, we will buy first the target Resistance at 3.275. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYMEX:NG1!
by TradingShot
3