NATGAS, Accumulation mode is definitely ON before x4 by DecemberNATGAS weekly data is conveying massive accumulation at the current price range of 2.0 to 2.2.
Target by Winter/December will be a 6.0-8.0 price range.
TAYOR.
NGAS
The Hard Boiled BOIL Bulls could catch a breakWho says you can't chart 3X leverage?
Got a nice down channel here and about to hit the bottom of the channel.
4.20 at the end of next week would be a nice price.
That would be over a 96% drop from the top. Interestingly, the previous peaks in Nov 2018 and Feb 2014 dropped just over 96% before touching the channel bottom.
Could overshoot below since it overshot out at the top.
Also could bounce early like that small bounce in Dec 2015, before tanking lower and tapping the channel.
Lots of breakout potential in the RSI.
Feeling like there's going to be some crazy times ahead... if things aren't crazy enough.
Natural Gas Support and Resistance Guide | Price Outlook- AMEX:UNG AMEX:BOIL VANTAGE:NG Still trading within my falling wedge pattern is getting tight so likely breaking soon
- Bounced off of quadrupole support Friday
- couple of resistance level right above us may test the upper falling wedge resistance next week
Natural GAS : LONGNatural gas bounced from a low of $1.95/MMBTU, where almost all producers lose money.
Since natural gas and crude oil are near or below breakeven levels, producers are reducing their drilling rate - likely lowering production levels given the lack of capacity.
The negative shift in weather, falling rig count, and potential export boost from Freeport may push natural gas back into a shortage over the coming months.
While natural gas spot prices appear likely bottoming, UNG's immense "contango" pressure remains a key investment rig factor.
Source : Seeking Alpha
Natural Gas Weekly Price Outlook | Support & Resistance Guide |- Natural Gas falling wedge is my support and resistance guide
- Currently Daily & 4h Neutral trend
- 2 key support below and 2 key resistances above.
NATGAS, keeps the flame burning. Upside continues.NATGAS weekly data is suggesting firm price foundation at current levels and an upside continuation is inevitable.
SPOTTED at 2.4 (continuation from 2.0 levels)
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Related news:
Nat-Gas Prices Rebound on Outlook for Cold U.S. Temps
www.tradingview.com
Natural Gas Detail Trading Plan |Long term| Support & Resistance- AMEX:NG AMEX:UNG AMEX:BOIL : if i were to add today, I laid out a detailed game plan in the video of how to trade it with SL and target.
- 4 hour currently in neutral trend
- potentially shaping up daily higher low and trend change to uptrend need to break above prior high
- still trading within the equilibrium range likely breaking in early May
NG, 1st spark up... flame will ascend to new highs soon..NG correction is slowly concluding -- with bears showing some weakness on weekly data, after touching the order block support at 1.9 level.
A reversal is on queue now.
Expect some signficant moves on the upside soon -- a revisit to 7.0 before year ends is possible.
SEEDED L at 2.09
TAYOR.
Natural Gas Future Outlook Weekly /Daily S&R Technical Analysis - AMEX:NG Finally got a 4 hour uptrend need more follow through tomorrow to confirm
- likely heading to $2.5 if 4 hour uptrend confirm follow through tomorrow
- tradeable ticker AMEX:UNG and AMEX:BOIL still use the NG chart if you are trading natural gas.
Natural Gas May Have Bottom Out @ 2.054 With Double BottomAfter experiencing a price rejection at the 2.054 level and a double bottom formation, the natural gas market appears to be bottoming out, signalling an end to its 2-year low.
The bullish sentiment of natural gas is expected to gain momentum in coming weeks!
#NaturalGas
#NGAS
N.B!
- XAUUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
Natural Gas Weekly Bear Flag potential but still holding Support- AMEX:NG AMEX:UNG AMEX:BOIL needs that 4 hours trend change otherwise even the big moves will essentially just fade
- still a potential weekly bear flag
- but still holding bottom wedge support and also double bottom on daily.
NG, on active accumulation phase..NG, is undergoing significant accumulation at the current levels. It revisited strong order block / support at 1.9 level and it touched this multiple times. It retested it and bounce back-- only to return to it multiple times. Let's see if it can finally muster strength to reverse from this level.
Spotted at 2.10
TAYOR.
natgas - target 1,8Similar pattern.
Short view for the end of this week. I am waiting for 1,8 to buy natgas again.
Natural Gas Long Term Outlook | Importance of 4H Trend change | - AMEX:NG AMEX:UNG AMEX:BOIL cant stress enough we need to change trends, even if it is a very big move it will just fade if no trends are changed
- need to change the 4h and daily trend to the bulls
- likely tightening up in a equilibrium into May, still holding the teal support line.
Natural Gas Full Bear Control | Potential Equilibrium - NG UNG full bear control, need to see a hourly trend change to the bull for anything to happen.
- potential Equilibrium shape up on daily time frame if bulls can hold above $2
- daily 12 EMA resistance
NATGAS will spark soon....Daily Chart suggest shifting price.
NG is not for the faint of heart due to its extreme volatility so practice safety still -- but with right timing and setup, it can be rewarding.
This is the second attempt (reversal) on the daily, and the probability of a short squeeze is high.
Spotted at 2.056
SL at 1.9.
GOODLUCK NATTIES.
Natural GasI have shared my idea about natural gas. The market step by step becomes range during some months and then be ready to become bullish.
Natural Gas $UNG $BOIL NG - Future Price Outlook- UNG NG NATGAS 6h 12 EMA is my short term guide
- weekly bear flag potentially confirming
- 52 week low support bulls need to defend
- 1h equilibrium pattern will break Monday
Natural Gas Full Bear Control. Short term 15m EMA 12 Guide- NG UNG is on a downtrend in every time frame, bears are in full control.
- Bulls would hope we hold the 52 week low
- need an hourly trend change back to the bulls for we to potentially get a 4h and daily bounce going and shape up an Equilibrium pattern.
- short term intra-day 15m 12 EMA is our guide for full bear control.
- I definitely wouldn't be shorting all the way down here but also there's no signs for me to be interested long as well atm unless bulls can start to shape up some hourly trend change.
$UNG to sub $2? I know this would be a crazy move and I have no clue what would cause it, but the chart says that this is a possibility.
As you can see, the chart has formed a H&S pattern and is breaking down. If you take the length of the pattern and extend it down past the breakdown, you get a price target of sub $2. Maybe this is a move that plays out like oil did in 2020?
$NG $UNG $BOIL Where Price would be for the Next couple weeks- UNG NG BOIL have retraced over 50% fib of the A to B move from the bottom, that's a clear sign that we will likely get an equilibrium base on how significant these swings are.
- NG has a tendency to break a resistance and have no follow through vice versa breaking a support and have no follow through so im looking for a equilibrium tightening up price action the next couple weeks.
- Short term bears still in full control
NG found its bottom, looking left looks promising.As some of you recall, i had been looking on this to longed, somehow BingX removed it and put it back in for trading . so when that happened i stopped loooking into this until they put it back in.
anyhow, this one is good for a long run and i would say it could only give you good entries...
my idea is an ABC (grabed some on the end of B), but if i look left (darvas box) it did some similar pattern (choppy) before the rally, thats why it could still come down a bit for an EW ~ non financial advice - dyor.
potential 4hr cup and handle on natural gaslong position establishing here again. this trade is risky. I see a bullish continuation pattern a Cup and handle to be exact. the breakout is not confirmed. however the Ad is showing an ascending triangle on lower time frames.
