Oil Gold Silver DXY Natural Gas Price ForecastWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias
NATGASMINI1! trade ideas
NG1!: Bearish Continuation & Short Trade
NG1!
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short NG1!
Entry Point - 2.930
Stop Loss - 3.032
Take Profit - 2.747
Our Risk - 1%
Start protection of your profits from lower levels
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Nat Gas getting ready for a much larger movehaven't updated nat gas for a while, because it's been consolidating heavily for most of the summer. Looks like it is ready to break out soon. Holding 3 dollars is key for a much larger upmove to 3.70 and maybe mid 4s. RSI certainly has plenty of room to run and with Nat gas, and it may outperform even past 5.
Natural gas can go down side On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Oil Gold Silver DXY Natural Gas Price ForecastWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias
- Natural Gas Natgas Stock in confirmed daily uptrend
- Strongest resistance for natural gas resistance is 2.86
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00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
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12:25 US dollar DXY Stock Forecast
14:39 Silver XAGUSD Stock Forecast
NG1! The Target Is UP! BUY!
My dear friends,
My technical analysis for NG1! is below:
The market is trading on 2.649 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.723
Recommended Stop Loss - 2.614
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
Natural Gas, DXY, GOLD , SILVER Price ForecastWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias
- Natural Gas Natgas Stock in confirmed daily uptrend
- Strongest resistance for natural gas resistance is 2.86
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
06:28 AMEX:UNG technical Analysis
09:28 Gold XAUUSD analysis
11:39 US dollar DXY
14:45 Silver XAGUSD analysis
Natural gas can go up from hereFor all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
NATURAL GAS Moment of truth on the 1day MA200.Natural Gas / NG is trading at the moment between the 1day MA50 and the 1day MA50. The latter hasn't been breached or even touched since December 13 2022.
The pattern is an Ascending Triangle which has inside it a Bullish Megaphone pattern.
The common feature is the Rising Support. If the price gets rejected on the 1day MA200 and breaks the Rising Support, we will see a first test of Support Zone A.
Sell the first bounce and target 2.140 (Support B).
If on the contrary the 1day MA200 breaks first, buy and target 3.030 (Resistance A).
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Weekly Natural Gas Storage Report - 9.21.23 - TWorking gas in storage was 3,269 Bcf as of Friday, September 15, 2023, according to EIA estimates. This represents a net increase of 64 Bcf from the previous week. Stocks were 410 Bcf higher than last year at this time and 183 Bcf above the five-year average of 3,086 Bcf. At 3,269 Bcf, total working gas is within the five-year historical range.
EIA Natural Gas Storage Data
Total (09/15/23): 3,269 Bcf
Total (09/08/23): 3,205 Bcf
Net change: 64 Bcf
Implied flow: 64 Bcf
Year ago stocks: 2,859 Bcf
% change from year ago: 14.3 %
5-year avg stocks: 3,086 Bcf
% change from 5-year avg: 5.9 %
ir.eia.gov
Natural Gas DXY GOLD SILVER Price ForecastWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias
Natural Gas Long - 10:00 AM Reversal Entering a long position in Natural Gas around 10 AM local time with bullish reversal candlestick pattern formed on the 15-minute chart with increased volume and confirms support, while managing risk with a stop-loss order at the Asian session swing low and targeting recent high.
Please note that trading involves risks, and this is a simplified trade idea for educational purposes. Always conduct thorough research and consider seeking advice from a financial professional before making trading decisions.
What Sends Natural Gas Prices Higher?The natural Gas market has been chopping around since we carved out a low in February of 2023, but has been overall trending higher and holding out above critical trendline support.
Looking at the price action, it has proven tough to hold contracts for the long term as there is so much volatility involved, but there are some KEY levels to watch to try and understand the overall market trend that is playing out.
Trendline Support:
As I mentioned earlier, there is a strong level of trendline support going back to the lows made in February, and buyers have stepped in and defended this trend with great conviction, not allowing the market to break and make a new low. Although when looking at this market it may look like just simple chop, it is clear the market is trending higher and has not broken below this level with conviction, signaling strength moving forward.
.382 Retracement Level:
When a market is in a downtrend or bearish trend, we often see strong rejections at the .382
retracement level that sends the market back lower. Looking at this chart, we saw Natural Gas breakout and hold above that key level in June, and have defended this level as support, dipping slightly below it a few times and then rallying back higher. This could have been the signal that sent the market back to more of a neutral trend, and if we can see a break and close out above 3.004-3.015, it could be the catalyst for a strong upside move.
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Disclaimers:
CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
*Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services.
Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
Natural Gas Price Forecast | Bull Flag 2.0 formingWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias
- Natural Gas Natgas Stock in confirmed daily uptrend
- Next level for natural gas resistance is 2.86
NATURAL GAS (18th - 20th SEP) OverviewNatural gas is supported by level 219.9 and is expected to rise in the near future, with a target of 228 in the coming sessions.
a breakout above 222.5 to confirm the bullish trend. If natural gas fails to break through this level, it could retrace back to the support zone at 219.9-221.9.
Overall, the technical outlook for natural gas is bullish. A breakout above 228 could lead to a further rally to new highs.