Natural Gas - Details. Financial WaveOur priority scenario in NG is a pullback of the price in wave 4 to $3.5. A slight decline before the rise is possible, but not below $1.423. Resistance at Friday's high of 2.24 should (ideally) remain unchanged until wave B is considered complete. Longby Financial_Wave5510
NG: UpdateUpdate to my previous NG idea. Now that my bearish target was hit (see previous idea), I now think this is a long. These are just my thoughts, not advice! Safe trades!Long02:15by Steversteves17
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 03:44by ArcadiaTrading6
EW analysis - NG long term interpretationThe post with the short term analysis for NG has gotten quite cluttered. So today I start a knew thread with more of a long term analysis. Unfortunately commodities most often don't adhere to the five wave pattern of the impulsive movement. Commodities rather form connected big three wave moves. So I like the idea that we are in wave C of a bigger wave Y down. Problem with a wave Y is, it could be finished already. Why I still prefare the interpretation that it is not the bottom is that fact, that for one the five wave pattern doesn't look finished and we didn't really see a volume explosion at the bottom. On the other hand the postion of the commercials due to the CoT-Report is quite extrem. So both scenarios are possible. For the shorter time frame we will definetely look to the upside. The bottom search was detail work. Now updates will come with a reduced frequency. Longby Sideshow83Updated 4415
Natural Gas Analysis and Forecast (BUY)Based on the analysis and forecast of natural gas , the trend line has experienced an upward break. As a result, there is an anticipation of a continuation of the bullish trend , which may lead to the price reaching the 3.000 level. As per the forecasters, the massive spring storm from the western US is likely to generate severe weather conditions across a 1,000-mile stretch from the Great Lakes to Texas. The storm system is anticipated to bring blizzards, freezing rain, tornadoes, and heavy showers, with tornadoes posing the most significant potential threat in certain regions of the Mississippi, Ohio, and Tennessee valleys. Such extreme weather conditions can impact the supply and demand dynamics of natural gas . For instance, if the storm causes a disruption in the production, transportation or distribution of natural gas , it could reduce the supply of natural gas . At the same time, extreme weather conditions can increase demand for natural gas , as people may use it more for heating or cooling purposes. This change in the supply-demand balance could potentially lead to a change in natural gas prices. However, it's worth noting that the extent of the impact will depend on the magnitude and duration of the storm, as well as the resilience of the natural gas infrastructure in the affected areas.Longby ProTradeSignals7
Inversion of Natural Gas is comingAfter the long descent, gas is showing signs of recovery and seems to be following a rising channel towards 3$Longby stelo88114
Natural Gas - Weekly. Financial WaveOur priority scenario in NG is a pullback of the price in wave 4 to 3.5 $ after which, most likely, NG will go to the final descending wave 5 and the price can come to 1.5 $, but not below 1.423 $Longby Financial_Wave13139
NATGAS Will Go Up! Buy! Hello,Traders! NATGAS was trading in a Downtrend but after the Retest of the support level At 2.00$ we saw a bullish Reaction so I think that We will see a further Move up towards 2.259 Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals7713
NG1! Will Go Up! Long! Here is our detailed technical review for NG1!. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2.111. Considering the today's price action, probabilities will be high to see a movement to 2.322. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider999
NG: Quick Analysis Quick analysis on NG Futures/ ETF BOIL (Bull share) and KOLD (bear share). No recommendation here. I expect some continuation to the downside. As we are making ATLs, we should look for a bottoming pattern first before considering a long position. These are just my thoughts. Safe trades everyone! 02:34by Steversteves669
✅NATGAS BROKE THE WEDGE|LONG🚀 ✅NATGAS was trading in a Downtrend in a falling wedge Pattern but after the retest Of the horizontal support At around 2.0$ which is also A strong round number we saw A rebound and a breakout out Of the falling wedge so we are Now locally bullish biased And I think that the target Of 2.3$ will be retested LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx121215
Natural Gas BULLISH DIVERGENCE on DAILY TFThe price trading at Lower level and there is RSI BULLISH DIVERGENCE also on weekly chart which indicating that price has not much momentum and strength to go further downside .On the daily chart, the RSI indicator is also close to crossing below 30, Signaling overbought conditions. 👉 RSI DIVERGENCE does not confirm that the price will reverse but divergence indicates that the price does not have the strength to go down. So for any upside view let the price confirms the strong Reversal for any upside momentum.✅Longby Jha_Nidhi2
Possibly have to close a gapThe idea is that a 4th wave of expanding diagonal expected.Longby tucanea0
Mar 27,23-NG-Price ain't going up!SO - from my last post, thinking price would rally even 500 points failed to occur. Sucks but that's the world we live in currently. Even with the contract rolling over there is no chance of a rally. The IEA says inventories are 22% above the 5 year average - this combined with winter being over in the U.S. means no demand for NG. So, I am sitting on the sidelines, waiting. Price may go well below 2 this week, maybe 1.7.....maybe even 1.5 - who knows. Anyway, I'll be looking at other trades - maybe oil, and the S & P 500 to make some money. Take care and stay safe. HeikoShortby HEIKOTradingSystem666
NATURAL GAS - Potential Upward MovementNATURAL GAS refilling at demand zone and about to rebound. Exit at 2nd supply zoneLongby JoeBigBoi119
A catch up game btw WTI and NG: Which one meet the other?Something does not look right...NG to go up or oil to come down?by cranvivid1