NatGas Update One more push upwards is still in the cards to finalise the expending traingle shape (in case it is a triangle). by Fomenka7
NatGas Update Imagining how it may end. I no longer use color coding since it adds no value. The level of certainty with ElliottWaves is something illusory. by Fomenka0
Volatile move to trendline rejection incoming?Will the 2005 high and 2008 high downward trendline (blue line) be touched (and rejected)? This month it would touch at around 2.15. Maybe a volatile move down and agressive bounce will push many players out of the market.Nby likwitUpdated 4415
natural gasNatural Gas, showing a lot of indicators.. Where are you going.. Is the bottom in? Or drop back to bottom of the parallel.by MillwrightRyan3
NGas Buy Idea 20/11/23Reasons for Buy: 1) 1D Trend line 2) 4H Support 3) 1H RSI Devergency 4) 1H Trend line Break Up 5) 15M "Double Bottom " pattern Risk 0.1% of deposit SL below the previous Low TP at the 1H Resistance Level 1:3.5 RR Longby Miranshokh_Bozorov12
Potential Downtrend NATGAS The natural gas market is currently experiencing a significant downtrend. As per technical indicators including Fibonacci retracements, Ichimoku cloud analysis, volume trends, MACD (Moving Average Convergence Divergence), and RSI (Relative Strength Index), the price of natural gas has declined notably. Current levels indicate a potential sell opportunity with a suggested stop-loss (SL) set at 2.955 and a take-profit (TP) target at 2.730.Shortby ArminMah2
🤷♂️ NatGas UpdateWell, I think we are in a downtrend since the last update. Here is the base case. Other options are possible yet I have to zoom out and outline them on a higher timeframe. by Fomenka111
NATTY 15% Correction on the way?Natural Gas has recorded a negative bearish divergence on the 4hr which I believe is the sign of a correction to retest the green base below. It had fired on all of it's cylinders yesterday which I believe was a dead cat bounce removing as many short sellers as possible. Shorting this time of year usually means commission from your broker - mine is offering 3% of my total investment.Shortby SkyTreesUpdated 2216
Naturalgas retests breakout level!The likelihood is now increasing for a strong rebound up. In the first stage up to this month's previous peak, which means about 10%. Best case scenario in the slightly longer term means an increase of as much as 75%!Longby magnusfogelberg1
Natural Gas - Time to go Long as Pullback Looks CompleteNatural gas seems to have completed pull back. Price as broken past the descending trendline and now has climbed above recent support turned resistance layer. Awesome oscillator has too crossed over to bullish zone and we also see hidden divergence of Awesome Oscillator.Longby marazzaq62Updated 3
Natrual GasSeasonal Opportunity is arising, price action suggest we will start a bullish run. Setting SL below recent relevant lows with TP targeting some soft price points that should easily be reached. This will be a long trade ladies and Jellyspoons.Longby jeffjtravers2
Natural Gas Rallying Again Technicals : Taking a second position in Natural Gas long Reasons : uHd pb to support and retook the kijun Daily cloud bulling Wicked Daddy Deeper pullback squeeze Price hit daily lower ADR and AWR and rallied Weekly 5EMAs signal and 15/50 signal: 1hour lower time frame crown fakeout: Longby RocketmanUpdated 0
🤷♂️ SP500 UpdateOk, as it often happens given the extrem sell-off on the news I am falling back on one of my older scenarios where wave 2 has a more pronounced wave retracing at least 0.618 of wave 1. Other options are also possible (one indicated as a bigger contracting diagonal). It might be a chance to short but a SL has to be managed carefully. by Fomenka339
NATGAS SHORT CALL NATGAS is making lower high and lower low Dow = Lower high and low in making Bearish Candlesticks = 2 bearish candle Support Level Broken Shortby Practisebot12
NEW IDEA FOR NATURAL GASNatural gas can increase to the 88.6% Fibo resistance at $3.23 by crossing the 50% Fibo resistance at $3.04.Longby arongroups9
NATGAS will it continue down?Natgas is holding below the support (range), if it is able to get back, it will be able to make a retracement to 0.5 fib. Otherwise, if it is still rejected and the price closes under. Natgas will continue on 3d.by CZmanUpdated 224
NATURUAL GAS Buy/LongAnalysis for NATURAL GAS on the daily direction has shown an upswing for a bullish trend that has respected the support levels. Since September 7th, 2023, we have seen a nice back and forth movement pattern that continues to respect the channels support range and resistance making this a prime target for us to be able to profit off on. Please enter with proper caution and capital risk management. Below is the signals inputs for the trading session. I hope you all enjoy. NATRUAL GAS Buy/Long Entry: 3.2361 Stop Loss: 3.0203 Target: TP: 3.9035 DAY TRADE/SWING TRADE Risk: 2-5% of CapitalLongby KingTraderFX10
NATURAL GAS - Time for Retracement from Double TopNatural gas seems to be in the process of forming double top on daily TF. The volatility is high and we can clearly spot bearish divergence on RSI graph. This suggests we may see retracement up to key support zone.Shortby marazzaq62Updated 4417
🤷♂️ NatGas Update Longer Term The bullish long-term trend can choose different paths. Of course many of us on the bull side would like it to go straight up. Unfortunately I already see indications of possible diagonal in the making which would be more difficult to trade. One of those indications is an anemic wave 2 which can turn out to be wave as indicated in black. As we travel along the chart I will be looking for cues which scenario we are in. Stay tuned. by Fomenka3
🟢 NatGas UpdateNatural Gas is approaching a crunch moment. Because the price has taken the previous low labelled as wave a, the scenario with a even more expanded ABC flat is off the table. A more complex WXY is still possible where current ABC is wave W but less likely than a simple flat. Also a scenario with a longer wave C remains but I would assign it a lower probability. by FomenkaUpdated 1