Where is NATTY going next?Huge sell of occurred after breaking it's previous support, turned resistance.
I'd be looking to buy of the resistance @ around 2.050 with the aim of it reaching the broken support.
If it finds resistance there then we might see a H&S pattern emerge which could be severely bloody.
With recession peaking over the corner, this could well play out.
Just my thoughts, not trading advice . Trade at your own risk. NATTY can be expensive .
NGAS.F trade ideas
NATGAS to fill the GAP?Serious negative RSI divergence at the resistance after forming a bullish H&S pattern.
As part of the retest, I believe that it will fill in the gap as well, before potentially making a climb back up to resistance and beyond.
Trade ay your own risks, my posts are just ideas.
NATGAS - Capitulation is nearGeometric approach in revealing trend angles based on halvings. I also want to see how much effect curves have on the future price, will we see any new resistance or support on these or are they just looking nice.
Natural Gas Short squeeze!Natural Gas had a bullish close today up over 4% despite weakening economic data.
We could be entering the next stage where Nat gas starts moving higher off these lows.
Clear Accumulation has been occurring and this move off the lows matches the seasonality period of Nat gas.
NATURAL GAS POSSIBLE RALLYNatural gas is increasing in value due to several factors: the unprecedented wildfires in Canada that are ravaging the country and are disrupting the production throughout the province of Alberta; Reuters also reports that Russian pipeline exports had declined 11.4% this month compared to April’s average, putting an additional hold to the fuel supply.
The RSI is above 50. The MACD had broken above its zero level and had triggered signal for further potential gains.
If the current trend continues, the price might test resistance levels of 2.764, and if it gets broken, further target might be 2.931.
In the opposite scenario, the price might test its previous resistance at 2.025.
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Natural Gas & Energy UpdateNatural Gas is on watch for a technical Breakout
We got a bullish daily close on Natural gas today.
Its the first time Nat gas has had 2 daily closes above the 50 day moving average since it started the nasty downtrend.
NATGAS The Target Is DOWN! SELL!
My dear friends ,
NATGAS looks like it will make a good move, and here are the details:
The price is coiling around a solid key level - 2.372
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.251
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
#NaturalGas Can Rise Up Very Quickly #NATGASTraders, Natural gas has created several bullish breakouts over the past weeks but failed to push higher. Now as we are reaching the end of the wedge pattern, a breakout is imminent. This can create a W pattern which in turn can push the prices higher.
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2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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-Vik
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The content of this analysis is subject to change at any time without notice and is provided for the sole purpose of education only.
Not financial advice or signal. Please make your own independent investment decisions.
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Natural Gas Clear Support & Resistance Guide | Falling Wedge- AMEX:UNG AMEX:BOIL PEPPERSTONE:NATGAS Natural Gas clear falling Wedge
- Daily uptrend confirmed without much follow through at the moment
- bulls would like us to hold prior pivot lows and bonce off next week
NATGAS Trading Opportunity! SELL!
My dear subscribers ,
This is my opinion on the NATGAS next move:
The instrument tests an important psychological level 2.348
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Goal - 2.202
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
NATGAS: Short Signal Explained
NATGAS
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell NATGAS
Entry Point - 2.347
Stop Loss - 2.509
Take Profit - 2.104
Our Risk - 1%
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NATURAL GAS The Triangle's breakout will determine the trendNatural Gas is trading inside a Triangle, with the 1day MA50 as the Resistance.
The critical level is the 1day MA100. If the price breaks above it, target the gap from 2022 at 4.000.
If the price crosses under the Triangle's bottom, target Fibonacci 2.0 at 1.100.
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Picking NatGas BottomWhile I speculate that the bottom has been reached, the media speculates about another potential decline in NatGas prices.
Some expect a price crash to as low as €10: MET Group - www.bloomberg.com
Socionomics is a somewhat obscure idea, and those who have heard of it tend to dismiss it as pseudoscience (which, at this point, may be analogous to how the true science was perceived during the Inquisition era). Additionally, socionomics teaches us that the general public rarely notices market peaks and troughs. Rare occasions of excellent possibilities are governed by uncertainty and dread. Of course, there is no assurance that such a moment is coming up now. I just so happen to note that while headlines perfectly echo what I read in books about social behavior when market waves break, my analysis signals to a probable reversal.
You can find the longer term chart on my website.
NATGAS The Target Is UP! BUY!
My dear subscribers ,
This is my opinion on the NATGAS next move:
The asset is approaching an important pivot point 2.162
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 2.268
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
NATGAS: Long Trade with Entry/SL/TP
NATGAS
- Classic bullish pattern
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Buy NATGAS
Entry Level - 1.997
Stop Loss - 1.839
Take - 2.234
Our Risk - 1%
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Natural Gas Support and Resistance Guide | Price Outlook- AMEX:UNG AMEX:BOIL VANTAGE:NG Still trading within my falling wedge pattern is getting tight so likely breaking soon
- Bounced off of quadrupole support Friday
- couple of resistance level right above us may test the upper falling wedge resistance next week
NATURAL GAS: Hit the 2 month Support. Buying is favored.Natural Gas hit the S1 Zone today (2.100 - 2.060), which started forming on February 22nd. This support has held another 8 times and with the 1D time frame neutral technically (RSI = 45.392, MACD = -0.046, ADX = 18.986), we are making a buy call targeting the 0.382 (TP = 2.440). In addition, the 1D RSI is bouncing off the HL trendline.
In the event however that the 1D candle closes under 2.060, we will revert to selling and target the -0.236 Fibonacci level (TP = 1.830).
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NatGas UpdateVery good correlation over the last 2 weeks between oil and natural gas. Before they moved somewhat independently. Since I expect both of them to rally really hard, it is reassuring to see such correllation.
Natural Gas USD Fib based trend and resistance levels LONGHi all,
Presenting my new idea on Natural Gas which has had yesterday some impressing price action while indexes were falling., today is another important day and lets see what happens
As you can see the drop of price from 3rd -10th March measured by Fibs is 0.618, taking this as a correction in a rising trend we are given a price close to 4 USD (measured by Trend based Fib extension), The support levels and price gap just add to it, but please remember this is just an idea not a trading advise! See what is the loss you can hit if this goes in other direction and protect your capital
My long position is in 1:2 risk ratio
Long on NATGAS throughout the month of AprilSeasonally, April is on average a bullish month for Natural Gas and looks to have set up for a similar outcome this year.
It has made a huge double bottom on the daily with a extreme bullish RSI divergence and you can see a similar positive RSI set up on the hourly and the 4 hour chart as presented in my post.
My target is modest 3 which would is the most recent resistance tested on the 3rd of March and a increase of 46%.
Good luck!
