Nov nat gas is creeping down to complete 5 waves downNov Nat gas is looking very much like a buy setup as 5 waves looks to be coming to a close. Nice tight possible reversal zone coming in at 2.57-2.60 and upside targets come in at just above 3.00 Longby mrenigma116
NG1! BULLS WILL DOMINATE THE MARKET|LONG Hello, Friends! Previous week’s red candle means that for us the NG1! pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 3.079. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 228
Natural Gas Poised for Seasonal Upswing Natural gas is entering a seasonal phase where the price is attempting to retest a previous demand area. This zone is significant as commercial traders begin to accumulate positions, signaling a potential opportunity for a long position. Our current approach is to identify the optimal reversal point to capitalize on this anticipated uptrend through the beginning of September. As we monitor the market, our focus is on finding the best entry point at a discount price, ensuring a favorable risk-reward ratio. The demand area, which previously provided strong support, is a critical level. A successful retest and subsequent bounce from this zone could confirm a bullish reversal, making it an ideal point to enter long positions. Commercial traders' actions are a key indicator in this scenario. Their accumulation of positions suggests confidence in the potential for natural gas prices to rise. This accumulation phase often precedes significant price movements, as these traders typically have access to more comprehensive market insights. Historically, natural gas prices tend to exhibit seasonal patterns, with certain times of the year presenting more favorable conditions for price increases. The period leading up to September is traditionally strong for natural gas, driven by factors such as increased demand for cooling during the summer months and preparations for the upcoming winter heating season. In conclusion, natural gas is showing promising signs of a seasonal uptrend, with commercial traders accumulating positions in a key demand area. Our strategy involves closely monitoring price movements to identify the best entry point for a long position. By leveraging the insights from commercial trader activities and historical seasonal patterns, we aim to capture the anticipated bullish momentum in natural gas prices leading up to September. Investors should stay vigilant and ready to act as the market presents these opportunities. ✅ Please share your thoughts about NG in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.Longby FOREXN1Updated 116
Natural Gas - Chart Study 15 minute time frameNatural Gas in Reversal Zone Chart explained on 15 min time frame This chart is only for educational purpose. Do your own study before taking any trades and consult with your financial advisor.Longby be_you_akshayUpdated 4
NATGAS What Next? SELL! My dear followers, This is my opinion on the NATGAS next move: The asset is approaching an important pivot point 2.124 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2.095 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 115
Nat Gas Trade... July 18 2024I looked at this trade yesterday, and think we are at a good entry point. The last contract rollover was Wed June 26 and it was above $2.80. Nat Gas is now trading at $2.08 and the next rollover is July 29th. I suspect Nat Gas can rise going into that contract. Here is a longer-term chart, There is a Leveraged ETN in Canada that I like to trade (already up 5% from yesterday's low), and one for the US which doesn't have as much leverage... else Nat Gas producers is an option. Hurricane season is coming which could shut down production, so inventory has been high, thus the low price, but I suspect this low price can't stay low for too long, maybe a few more days down here, and then start to rise next week. There is a big gap between 1.60 and 1.98, which is a concern, and usually, markets like to fill the gap, but based on the technicals, we hit the bottom of the Bollinger band and the price is due for a bounce going into the end of July Contract rollover. If you enjoyed this, please consider subscribing to the Newsletter.Longby FinancialLiberties0
Natural Gas fly toward the sun !In my opinion, natural gas will soon begin its long and adventurous journey towards very high and record-breaking goals. For long-term . So that the goal setting of Europe and America for the paradise of 2030 will be completely ruined. High . too high .Longby mrata78
Will natural gas prices reach $3 again?If you would like to be notified whenever I post a new article, just click “FOLLOW” at the top. Also, if you would like to elaborate on a particular topic or need some advice, please comment below the article and I will be happy to help. Will natural gas prices reach $3 again? U.S. natural gas futures have been falling for the past two months and are approaching lows of $2.2/MMBtu. This is due to rising production, reduced gas trade with off-line LNG export facilities, and rising inventories. Gas production in the lower 48 states reached 102.4 bcfd in July, up from the low of 99.5 bcfd recorded in May. Despite the record heat, inventories of Future Natural Gas - Ago 2024 (NGQ4)continue to be high and storages are still full. While the summer heat is forcing much of the United States to burn gas to cool homes and offices, Hurricane Beryl has put pressure on energy demand, causing blackouts for millions of residents. As a result, demand for cooling systems decreased to causing a large surplus of gas remaining in storage. One of the side effects of the hurricane was the closure of a major gas export facility, FREEPORT. This led to an oversupply in the gas market because it could not be transported to other areas. The hope of the bullish is that there will be no other hurricanes to affect the demand for natural gas. In the long run, there is a positive element to consider: more and more producers are closing their extraction wells because of low gas prices. This should, in theory, lead to a balance between supply and demand by 2025. To get a comprehensive view of the gas market, we will analyze one of the largest producers of this fuel using TRADING VIEWV, which provides us with essential data to make well-informed investment decisions. With this reliable source, we will be able to make smart choices. EQT Corporation (EQT) is an integrated energy company operating in the Appalachian Mountains, providing natural gas through production and gathering, distribution and transmission, and energy conservation solutions primarily in the eastern and western coastal areas in the United States. You can see from the pictures that the stock is currently undervalued according to TRADINGVIEW's calculations. This could be good news for investment in the natural gas sector. According to my forecast, gas prices will rise to around $3 in the coming months unless there are problems with production and destruction facilities. We look forward to seeing you in the next article! And remember, for successful trading always rely on TRADINGVIEW: an indispensable tool that can help you avoid serious mistakes during your trading.Longby Antonio_Ferlito3311
NG - Oversold and due for a rallyNG at this stage is way too oversold and the current price makes no sense at all. When storage was constantly on the rise, we were sitting near $3 and now its slowly coming back to the average and we're down to below $2.5? Plus hurricane season is on early and the heat to push demand up. Oh and its an election year as well Buy @ $2.46 SL - $2.21 Target 1 - $3.2 Longby barracuda2104Updated 229
Natural Gas Momentum ShiftWatch how TrendCloud lines up this momentum shift on Natural Gas. 4 hour chart: Trend and Momentum are both red, and breaking structure to the downside. 1 hour chart: Trend is down, so TrendCloud turns everything red and shows you a crossover signal. CCI is also below -100 15 min chart: TrendCloud Entry signals start flashing. At this point you can take the trade. Follow along for more setups with TrendCloud by clicking the link in my profile. Shortby thechrisjuliano2
Nat gas CME gap approaching - $1.8 - $1.9 key levels to watchNatural gas will probably end up filling CME gap or even running through it. Seen it several times before and because hedge funds have added more aggressive shorts in the last 2 weeks, this seems even more likely. #natgas #boil #ung #unl #kold #gas #oilby ToshihiroHiramatsu223
NATGAS My Opinion! SELL! My dear followers, I analysed this chart on NATGAS and concluded the following: The market is trading on 2.313 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2.282 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 112
Natural Gas giving mixed signals The 4-hour chart is down and hitting new lows. However, we see strong "upward" momentum. hhmmmmm? We also see a trend reversal on the 1-hour chart with strong CCI readings above +100 Because of this, we can no longer take any supply zones short. (see trade plan in my profile) Use your trading strategy only when trend and momentum lines up across multiple timeframes and you will be so much happier. Right now we have 4-hour momentum and 1-hour trend going up. So this could be the very beginning of the new uptrend. Let's see if we start breaking previous highs on the 4-hour. by thechrisjuliano1
Natural Gas Oil DXY Silver Gold Price ForecastNatural Gas stock Bulls PEPPERSTONE:NATGAS Support & Resistance Guide AMEX:UNG Stock Forecast AMEX:USO Oil Stock Forecast TVC:DXY US dollar Stock Forecast Gold OANDA:XAUUSD Stock Forecast Silver OANDA:XAGUSDLong06:48by ArcadiaTrading2
Gassing Upcheck out some of my ideas. also I don't take every trade idea that you see here. these are assumptions before price action completes and confirms. I am not a professional trader nor am I technical . all ideas are based on what I understand price to be. when I see certain confluences that aligns with my trading strategy, I then look for my opportunity to enter trades. Good luck and happy tradingLongby THE_APIS_TRADER0
NATGAS: Bearish Continuation is Expected! Here is Why: The analysis of the NATGAS chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals112
Natural Gas AnalysisI have analyzed the NG. I have considered it recent high & Low. SL-204 Target is Apple.Shortby skumarinsweden2
Natural gas - expect one last crash before upsideThe latest CBOE data shows that hedge funds and large speculators have increased their short positions. This usually means that there will be a large drop coming in the next few trading sessions. Retail traders and non-commercials are 84% long and 16% short. This means that there is plenty of liquidity to grab in the $1.80 to $2.10 region. I'm not saying $1.80 is likely, but too many traders are disregarding it as a possibility. I still think one more dip to $2.10 is the most likely scenario given the futures data. by ToshihiroHiramatsu225
Natural Gas Supply Zone Update!!!Hey Gang! We have a NEW supply zone on both the 1 hour and 15 minute charts. Notice how the CCI on the 1 hour (middle chart) dropped below -200 and remains below the zero line! We also have downward momentum on the 4 hour chart! So what the heck does that mean you say? It means Momentum and Trend are in the same direction across multiple timeframes! We should expect the price to hit that 4-hour market edge... And it might even go past it! Shortby thechrisjuliano1
NATGAS Sellers In Panic! BUY! My dear friends, Please, find my technical outlook for NATGAS below: The instrument tests an important psychological level 2.330 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.358 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 113
Natural Gas Trend Reversal PatternHere are the steps to ANY trend reversal. 1. Look for an extended trend that is in its 5th wave. 2. Use an exponential moving average crossover to make an objective reversal signal (black plus sign) 3. Pivot candle formation 4. Break of the previous structure high 5. Formation of new structure high 6. CCI breaks above +100 7. Apply your favorite trading strategy to enter the trade Comment below and share your favorite trading strategy :) Longby thechrisjuliano111116
Natural Gas (MCX) Price Note: This is not SEBI registered. This is only for educational purpose NG(MCX)- August analysis: Trend: Bullish (if price remains above 198) Long: Buy above 198 Target1- 211 Target2- 220 Stop loss: 196Longby R_Soni871