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NGAS

Don't miss the great buy opportunity in NGASTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.78). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NGAS is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. Take Profits: TP1= @ 2.02 TP2= @ 2.21 TP3= @ 2.49 SL= Break below S2
NLong
by ForecastCity
7
Don't miss the great buy opportunity in NGASTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.78). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NGAS is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. Take Profits: TP1= @ 2.02 TP2= @ 2.21 TP3= @ 2.49 SL= Break below S2
NLong
by ForecastCity
18
Don't miss the great buy opportunity in NGASTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.90). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NATURAL GAS is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. . While the RSI resistance #1 at 43 is broken, so the probability of the beginning of an uptrend is increased. Take Profits: TP1= @ 2.09 TP2= @ 2.21 TP3= @ 2.49 SL= Break below S2
NLong
by ForecastCity
8
Don't miss the great buy opportunity in NGASTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.90). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NATURAL GAS is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. . While the RSI resistance #1 at 43 is broken, so the probability of the beginning of an uptrend is increased. Take Profits: TP1= @ 2.09 TP2= @ 2.21 TP3= @ 2.49 SL= Break below S2
NLong
by ForecastCity
12
NGAS: Natural gas is a low risk buyI think Nat Gas is bottoming here for a while. It can swing up strongly, if it holds up. We have 4 days without going any lower, soon to be 5, the next move is going up and retesting the key level at 2.27, if holding over it, the next level is 2.88. We have 5 months already, where price stayed higher than the lowest low which took place back in August 2019. A higher high by February would be extremely constructive for $NGAS. A 3 times the daily Average True Range indicator value stop loss distance would give long positions enough room to breathe, in case it didn't yet bottom in the daily chart. Normally this is a good stop loss methodology, to buy into mid term positions and avoid short term noise. Cheers, Ivan Labrie.
FX:NGASLong
by IvanLabrie
Short on Natural GasNGAS (Henry Hub) has unsuccessfully tried to break the DEMA 31 line, as highlighted in the chart in the ellipse. After the unsuccessful attempt, it broke down the channel until the 0.786 Fibonacci retracement. Our assumption is that it will continue the downfall until the support line at 2.197. After that, it will be safe to close half or more of the trade, because there is a good chance of a pullback there. If you decide to short and willing to take the additional risk, shorting UGAZ will be better than long on DGAZ because of the lower price of UGAZ (and subsequently- lower fees). More on our website: iam-unchained.com
FX:NGASShort
by IAmUnchained