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NATURAL GAS Time to start selling?Natural Gas has been one of the most profitable trading assets of the year offering great returns to our long-term portfolio. On a long-term scale though (1W time-frame on this chart) it has starting to form a peak pattern, which we have seen previously in the past 20 years.
I've plotted the Sine Waves on the chart to more efficiently illustrate NG's long-term cycles. Currently it is within a Bull Cycle having formed a Golden Cross (MA50 crossing above the MA200) in June. However after every 1W Golden Cross since 2000, the market made a Top shortly after. We have three very clear cyclical occasions as you see on the chart. On top of that the current 1W RSI sequence is very similar to these past top formations.
Our thesis is that Natural Gas has or is very close to forming a long-term Top and we are starting to take sell positions on that market.
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NATURAL GAS - Time to Loose some Steam ?Has been an Epic run for Natural Gas but we have come to resistance.
the price will most likely need to take a small break... unless it's willing to go much higher.
At this stage we are cashing out some profits and strengthening our short positions.
It's the ClimbHave been watching natural gas closely for the past 1 month, Natural gas itself doesn't know what it wants.. lol. However, I think this week is very important to confirm the direction, either it is gonna keep climbing till reaching -who knows- 6.5, as it has already broken 2018 high. or it is gonna hit deep down in the ocean. But, But but, if you wanna follow the news, then go long.. for me, I will wait few days until I see a clear image of what's next, vwap is telling me it is not tired of climbing yet. but NG is crazier than the craziest Latina gf... stay tuned
Thursday: Natural Gas - Week 35Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
RSI Hints at Pullback After Natural Gas Hits Multi-Year High Natural Gas has torn higher, adding nearly 4.5% this week to an already monstrous rally. Prices are on track to record a sixth monthly gain if this pace continues.
On a technical basis, a pullback may be necessary before moving higher, however. The recent surge has brought prices well above an ascending trendline that has guided prices higher since the May swing low.
The Relative Strength Index (RSI) is moving lower within overbought territory. That suggests upward momentum overheated and may be attempting to cool off. The 161.8% Fib extension from the August high/low may provide support after serving as resistance earlier this week. A pullback to trendline support is also in the cards, with directional bias remaining bullish above that level.
NATURAL GAS – Week 35 – Strong momentum.In our last forecast, we expected the price to reach the support area before going back up. Instead, it went strongly up and made a new top.
In the coming week, after we retested the upper channel line, we are expecting a correction and a medium-term bearish move that could reach the lower 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.
NATURAL GAS - 🌀 Hurricane or Comet ☄️Natural gas chart is a beauty and also a wild beast!
The price has been super volatile before and this is exciting to traders and speculators alike.
Price has broken over it's major resistance and the potential is high, as you can see on the chart.
With Nearly 95% of Gulf Coast oil and gas production offline as Hurricane Ida buffets Louisiana, Natural-gas futures were on the rise, extending a climb to a three-year high.
Covid implications are also valid: If a new lockdown happens, people stay home, that drives Natural gas consumption higher and Oil lower.
Maybe an option to hedge with WTI? Yes, why not
One Love,
the FXPROFESSOR
PS. BE CAREFUL, NATURAL GAS IS OFTEN A COMET..CAN MAKE YOU OR BREAK YOU
Friday: Natural Gas - Week 34Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: Natural Gas - Week 34Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
NATURAL GAS Will Keep Growing! Buy!
Hello,Traders!
NATGAS is trading in a rising opening wedge
And the price has just retested a support cluster
And bounced off it showing good bullish reaction
I think that we will see the pair trading up in the wedge
With the target being the previous high
Buy!
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NATURAL GAS Will Go UP! Buy!
Hello,Traders!
NATURAL GAS is trading in an uptrend
But now the price is retesting a horizontal support
From where I am expecting a pullback
And a bullish reaction that would move the price up
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
NATURAL GAS – Week 31 – Expecting another drop.In our last forecast, we correctly forecasted the pair to start a pullback.
In the coming week, we foresee the price to make a correction before dropping again, having a great chance to reach the confluence created by the support level and the 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.
Elliott Wave Analysis: NATURAL GAS Is At The Resistance ZoneHello traders and investors!
Today we will talk about natural gas, its price action from technical point of view and wave structure from Elliott Wave perspective.
As you can see, natural gas is in the downtrend and we are tracking a big weekly A-B-C decline, where wave C is in progress since 2008 and it looks like a big ending diagonal (wedge) pattern.
Ending diagonals a.k.a wedge patterns consist of five waves, labeled 1-2-3-4-5, where each wave subdivides into three legs. Waves 1 and 4 overlaps in price, while wave 3 can not be the shortest amongst waves 1, 3, and 5.
Well, current recovery on natural gas looks slow, choppy and overlapped, so we believe that it belongs to a wave (4), which can stop here in the 4.x area and at the strong weekly upper ending diagonal line.
So, in case if natural gas starts sharply and impulsively falling, then be aware of a bearish continuation within the final wave (5) that can send the price back to lows and 1.0 area before it finds the bottom.
All the best and have a nice weekend!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
✅NATURAL GAS FIRST DOWN THEN UP|LONG🚀
🏛NATURAL GAS is trading in a rising channel on 1D timeframe
And the price has retested the rising resistance line
Now, we are seeing a bearish correction towards the demand level
And I think that we will see the price go further down to retest the support zone
To then reverse and resume the bullish rally inside the channel
LONG🚀
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Thursday: NGAS - Week 29Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Friday: NGAS - Week 28Hello Traders! Check Related Idea for market context!! Looks like the structure will break the low, and then we can look for bullish clues to buy.
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Natural Gas Heading Towards 3.20Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in Natural Gas.
Trend Analysis
The main view of this trade idea is on the 2-Hour chart. Natural Gas has been in a rangebound or rectangular trading pattern since the end of June and is currently making another move lower towards 3.50 support. The key move will be a breakdown from support which will take the commodity towards 3.20.
Technical Indicators
Natural Gas is currently below its short (25-SMA), medium (75-SMA) and fractal moving averages and its RSI is trading below 50, heading towards oversold levels. Moreover, the KST is in a bearish move .
Recommendation
The recommendation will be to go short at market. At the time of publishing Natural Gas is trading around 3.61. The medium-term target price is observed around the 3.2 price level. A stop loss is set at 3.85. This produces a risk reward ratio of 1.77.
Tuesday: Natural Gas - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Monday: Natural Gas - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.