Natural Gas (NATGASUSD): The Situation May Become Worse 💨
Update for Natural Gas.
This week the market set a new higher high higher close on a daily violating a previous high.
Analyzing a monthly chart we may see a breakout attempt of 6.07 - 6.70 structure resistance cluster.
Monthly candle close above that zone will confirm a breakout and may lead to a strong bullish rally.
Next resistance on focus will be 9.0 level.
Be prepared for bullish continuation traders.
❤️Please, support this idea with like and comment!❤️
Ng1
Natural Gas (NATGASUSD): Key High Ahead! What is Next?! 💨
Technical analysis on Natural Gas.
Potential scenarios & things to watch.
Structure analysis & thoughts.
❤️Please, support this video with like and comment!❤️
NATURAL GAS Will Keep Growing! Buy!
Hello, Traders!
NATURAL GAS is trading in a local uptrend
And our bullish bias was confirmed
By the breakout of the key level
Which was then retested and a move up followed
Thus making me expect further bullish continuation
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Natural Gas (NATGASUSD): Did You See That Confirmation? 💨
Update for my yesterday's post on Natural Gas:
the price retested a broken supply area and I spotted a very nice confirmation.
The market broke a resistance line of a bullish flag pattern.
Now you can wait for an occasional retest to buy expecting a bullish movement at least to 5.68 level.
❤️Please, support this idea with like and comment!❤️
Natural Gas (NATGASUSD): Important Breakout & Bullish Outlook 💨
Hey traders,
After a very nice bullish accumulation,
natural gas broke and closed above a strong supply area on a daily.
I believe it will trigger a bullish continuation to the next resistance.
Goals:
5.885
6.16
❤️Please, support this idea with like and comment!❤️
USGAS TAKE PROFIT HIT 📉📉📉📉 I CLOSED ALL TRADES IN PROFIT ON USGAS, we are still bullish on this asset from a fundamental/tehnical analysis context. My last target for this asset is 6.0,i think we will go there but not before price makes a retracement back into 5.0 institutional figure H4 Imbalance + bullish orderblock area.
What do you think ? Do you agree on my analysis ?
NatGas: Ants in Its Pants 🐜🐜🐜NatGas seems to have ants in its pants, seeing that it has been fidgeting above the orange zone between $3.982 and $4.464 during the last weeks. As it has botched its first attempt to move upwards after finishing wave 2 in green, we expect NatGas to try for a second time. It should then rise into the green zone between $5.856 and $6.214 to complete wave 3 in green. After a moderate correction in wave 4 in green, NatGas should resume the ascent and climb above the resistance at $6.466. If its antics have sapped NatGas’s energy too much, though, there is a 40% chance that it could drop below $3.536.
Natural Gas (NYMEX) - Weekly UpdateNatural Gas - Weekly
Bottom Line : "Big-picture" Bullish.
Repeating : The higher probability view is to label the Primary wave ((C)) decline as an ending diagonal to complete Cycle y . Ending diagonals are terminal structures. They are typically followed by swift reversals that retrace the entire length of the pattern. There’s not enough historical price data to confidently assess the wave degrees above Cycle, but a multi-year rally from the Cycle wave y low is likely to retrace the bulk of the decline from the 15.78 all-time high set in 2005 .
Natural Gas LONG Analysis based on pure technical - trend line analysis - Fib retracement (power of Fibonacci Retracement , so we can use as like our advantage in the future), I think now patience is the essential key as always. It is about understanding FLOW (flow of markets) and following the news (swing trading)
NATURAL GAS Head & Shoulders of Donbas annexation vs 2014 CrimeaThis is Natural Gas on the 1D time-frame. The recent acts of war by Russia in Ukraine and the annexation of the Donbas region has created a Head and Shoulders (H&S) pattern, which is typically a bearish reversal sequence forming market tops. This is similar to some extent with the pattern formed in February - March 2014 when Russia again committed acts of war against Ukraine by annexing the Crimea region.
In both cases the 1W MA50 (red trend-line) was is Support. In March 2014, the situation was de-escalated by a Channel Down, following the peak (head) of the formation. At the moment NG may be forming a similar Channel Down. Could this be a sign of de-escalation and follow up of lower prices in the coming months for Natural Gas?
P.S. Always keep in mind Natural Gas' multi-year cyclical behavior as I accurately displayed on the following chart:
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
NATURAL GAS AnalysisNATURAL GAS is trading in a bullish trend and now it's retesting its channel support line I expect either bounce at those levels
or liquidity will be taken and we will see a retest of the midterm point of control at 3.438
USDGAS LONGS 📉📉📉📉 Expecting bullish price action on this assset as price get out of the range, making higher lows and higher highs meaning that bulls are in power in this area. Price could retrace back into 4.0 as psychological area + discount market area fiboncai that sets perfect long opportunities.
What do you think ? Comment below..