Technical Analysis Summary - NG🔍 Technical Analysis Summary – Natural Gas (NG1!)
📉 Left Chart (Daily Timeframe – ABC Correction):
Market structure shows a clear ABC corrective pattern forming.
Wave A completed with a sharp down move.
Wave B retracement is also complete.
Now initiating Wave C, projecting a downside target near
About Natural Gas (Henry Hub)
Natural Gas (NGAS) is a fossil fuel formed from plants and animals buried underground and exposed to extreme heat and pressure. Natural gas is used domestically for cooking, as a power source, in agriculture, and in industrial manufacturing. Natural gas prices fluctuate constantly depending mainly on production issues, stockpiles, weather conditions, economic growth, crude oil prices, and more recently coal. Natural gas is commonly measured in MMBtu, with 1 MMBTu equaling 1 million BTU (British Thermal Units).
Natural Gas Rip or Dip?Natural Gas has had some choppy price action as of late. There has been no clear directional trend.
I remain bearish until we clear the $3.85 level.
If Natural gas rejects off this level we should test the $3.00
If natural gas gets above this $3.85 level bulls should try to retest the major hig
Volatile Gas, Careful Trades: Navigating Diagonal Patterns🔥 #GasHasNoMercy | 📉📈 Technical Analysis Update
I haven’t written about #gas in a while, mainly because it has been moving within a consolidation range as expected. Exited our short positions too early, but given the sharp upward surge that followed, better safe than sorry. Now, we’ve re-entered wi
Natural Gas is in the Buying DirectionHello 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 Te
Will Natural Gas Prices Increase?Weekly Cash Data shows a sharp downtrend that stopped at 2.05 and then formed a sideways trend. Given the size of wave-(c) and the time of the waves, it seems that a reverse contracting triangle pattern is forming.
Currently, wave-(d) has ended and wave-(e) has begun. Under normal circumstances, we
Natural Gas is in the Buying DirectionHello 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 Te
Natural Gas - Are you buying the dip?Natural gas is going through some distribution and it looks like its going lower.
However there is a very strong base around $3 that can be a good risk to reward buy zone.
Remember this is one of the most volatile asset classes amd can overshoot key levels. Size accordingly and leave yourself ma
XNG/USD.1H chart pattern..I'm planning a *short trade (SELL)* on the *XNG/USD* (Natural Gas vs. US Dollar) pair, with a resistance level at *3.720* and a selling target at *3.340*.
### *Trade Plan Summary:*
- *Entry Zone:* Near *3.720* (resistance)
- *Sell Target (Take Profit):* *3.340*
- *Potential Drop:* ~10.2% from
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Displays a symbol's price movements over previous years to identify recurring trends.