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NATGAS What Next? BUY!
My dear friends,
My technical analysis for NATGAS is below:
The market is trading on 2.029 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.097
Recommended Stop Loss - 1.984
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
NATGAS: Bullish Continuation is Highly Probable! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NATGAS pair which is likely to be pushed up by the bulls so we will buy!
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Identifying Profit Points and Key Short Opportunities for NGNatural Gas has exhibited a bearish trend beginning on June 12, 2024, with prices opening at $3.200 per contract. Throughout July, the market saw significant profit-taking activities, with trading prices oscillating between $2.120 and $2.000 per contract. This price range was perceived as a strategic buying opportunity, particularly at the L3 pivot point level during August 2024.
Subsequently, prices encountered resistance at the R3 level, stabilizing at $2.320 for an extended period of ten days. This stagnation is likely attributed to institutional traders initiating short positions at this critical juncture, influencing the price dynamics.
Further analysis of the quarterly chart reveals a notable rejection at the L4 level; however, it is crucial to note that prices remain above this threshold. Should prices decline below the pivotal level of $2.250 per contract, a bearish stance is advisable, with potential targets set at the monthly L4 of $1.840 and the quarterly L5 of $1.820.
This analysis underscores the importance of vigilant monitoring of key resistance and support levels in the Natural Gas market to capitalize on potential trading opportunities.
NATGAS Will Explode! BUY!
My dear followers,
I analysed this chart on NATGAS and concluded the following:
The market is trading on 2.129 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.192
Safe Stop Loss - 2.089
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NG1! SHORT FROM RESISTANCE
Hello, Friends!
NG1! pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.857 area.
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NATGAS Local Short! Sell!
Hello,Traders!
NATGAS shot up sharply
Just as I predicted but
Has now hit a horizontal
Resistance of 2.273$ and
As we are already seeing
A bearish reaction a
Further correction is
To be expected
Sell!
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NATGAS Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for NATGAS is below:
The price is coiling around a solid key level -2.161
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 2.080
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
NG1! BEARS ARE STRONG HERE|SHORT
Hello, Friends!
NG1! is making a bullish rebound on the 9H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 2.013 level.
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NATGAS Risky Long! Buy!
Hello,Traders!
NATGAS is trading in a
Downtrend but the price
Has hit the horizontal support
Level of 1.90$ and we are
Already seeing a bullish
Rebound so a further
Move up is to be expected
Buy!
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NATGAS: Bullish Continuation is Expected! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NATGAS pair which is likely to be pushed up by the bulls so we will buy!
❤️ Please, support our work with like & comment! ❤️