NATGAS LONG TERM TRADE analysiAug 27
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In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
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This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NATURALGAS trade ideas
Natural Gas: Potentila Small Double TopNatural Gas: Potentila Small Double Top
During Friday and the NFP data the price moved down by confirming a small double top
pattern.
However, it is very risky because the speculative volume is very high with NG.
If the price will hold below the neckline of the pattern we may see NG moving down further.
However, this movement was also in line with the bigger picture and the chances are higher that it can move down further.
Thank you and Goo Luck!
Natural Gas: Top Down AnalysisNatural Gas: Top-Down Analysis
In this video, I have shared my opinion on Natural Gas through a top-down analysis.
I explained in detail the possible trading scenarios we may face.
Be careful because Natural Gas is a very risky financial instrument.
Thank you and good luck!
NATGAS LONG TERM TRADE analysiAug 27
Hello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
xngusd.....DTechnical analysis of gas against the US dollar on the daily time frame.
= The analysis is based on trend analysis and Wyckoff's Laws
= If the price exceeds the downtrend and also exceeds the level of 2.882, then it becomes eligible to rise to the level of 3.693
= If the price exceeded the level of 3.693, it qualifies it to rise to the level of 4.812
NATGAS LONG TERM TRADE analysisHello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Is the Price of Natural Gas Forming a New Trend?The US Energy Information Administration said on Thursday that natural gas inventories in US storage rose by 18 billion cubic feet in the week ended Aug. 18. That was below the 29 billion cubic feet increase forecast by analysts polled by S&P Global Commodity Insights.
It is possible that market participants thought that insufficient filling of storage facilities will lead to a rise in gas prices in the coming winter. According to the forecast of the International Energy Agency (IEA), the price of gas will peak at USD 3.44/MMBtu in December 2023 (approximately +36% from current levels).
The natural gas price chart shows that:
→ in July-August, a series of rising supports was formed;
→ the peak of August is higher than the peak of June, which in turn is higher than the peak of May.
A sequence of higher extremes could indicate that the market is in an uptrend that could bring the price closer to the IEA's price targets. The nearest resistance on this way is the level of 2.78, which in July-August repeatedly influenced the price dynamics.
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Natural Gas May Move Down FurtherNatural Gas May Move Down Further
This is an old analysis that I am sharing from the top when the price was at $3.00
As you can see the price is already at 2.6 and the chances are that the bearish moment
has not over yet.
So far the price is developing another bearish pattern and the chances are growing again for more downside.
if the price will break through the bearish flag pattern it could move down
up to 2.5 and 2.4
Thank you and Good Luck!
Natural Gas 🥱It's becoming tiresome as this is is bouncing around more than me in my younger days, but it's my only trade ATM. Happy to chart other things on request!
I am still long, and still waiting in anticipation of a big green god candle. My reasoning behind the bullish stance on Gas is still Energy, more poingnantly access to energy.
Fingers crossed in the future we won't need fossil fuels, but the last I checked we still do and it's being used prolifically.
NATGAS LONG TERM TRADE analysisHello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NATGAS_1DHello
Buy
Gas analysis based on Elliott waves in daily and long-term time frames
Gas is in an important support range and two situations can be considered
First, in the same range, 2,500 markets enter a fluctuating range, which can be time-consuming
The second case, which has a stronger possibility, due to the breaking of the upward trend line and maintaining the number and area of 2.500, can enter an upward correction to the target of 3.900, 5.000 and even 6.000, which is the first The target is important
#NatGas UpdateUpon closer examination of the near-term wave subdivisions, I call back the statement that initial wave (a) of the remaining 2023 uptrend might be complete and replace it with a diagonal.
Again, I have to cautiously mention that such projections are very speculative at this stage. I shall be ready to alter my view at any point if I receive new information.
NATGAS LONG TERM TRADE analysisHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
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