Natural gas buy idea Oct futureNG has formed ascending triangle pattern. Can see an upside of 261, the first resistance which has already reached and now can wait for a tgt of 290.
NG1! trade ideas
natrual gas trend linecheck simple trend line of natural gas
now showing breaking trend line
check upside and downside
no option avaiable ETF hold it
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NATGAS on a verge of a significant correction?Interesting development reaction from the top arc over the past 6 months and I'll be taking a punt myself on this one, especially since most brokers are paying out for traders to sell $NATGAS. My broker is paying out c3% and I wouldn't mind a piece of that.
SL is tight with a huge potential gain of 5.7/1 .
The most recent corrections from the top of the arc have been between 10-12 days which would take us to the 16th of October.
You can see an extremely strong bearish divergence on the 4hr chart, as well as the daily which usually means that consolidation is soon under way.
Recession will undoubtedly will take place at some point in the near future which usually means commodities heading down due to low demand.
This is not trading advice, but I'm extremely excited to see this unfold.
Cheers,
Sky
[Commodity] Natural Gas Support and Resistance Trade
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Equalized Natural Gas and Crude Oil Over DecadesThe goal of this chart is to attempt to show the impact of energy costs in the current economy. We use equal amounts of natural gas and crude oil according to economic websites, so a chart that shows the year-over-year % change of energy costs would be useful to look at so we aren't confused by headlines.
Everyone seems to be looking at crude oil as the main driver of inflation, but at the same time refusing to see that natural gas has fallen quite dramatically over the same time window.
What I have done with this chart is to plot the ratio of the price of crude oil to natural gas using the 2nd month contract because of the negative price of crude oil in 2020. The current ratio is around 26, so I then used the 26 ratio to plot the top chart. I multiplied NatGas by 26 and added it to Crude Oil to get a "total energy cost" to the economy. I then did a 1 year rate of change to show the oscillations of "bearish headwinds" of inflation and "bullish headwinds" of deflation. Obviously, lower energy prices are supportive of the economy and higher energy prices are inflationary and imply producers and sellers will raise prices, putting pressure on the Fed to raise rates to cool off the economy.
Currently, we have a -31.59% YOY% change for the total cost of energy and as recently as May we were at -61%.
Granted, energy is not the entire economy. Energy is only 6% of the economy so it is just a small part but it feeds into everyone's costs.
Next I will work on some ways to create specific market buy and sell signals to see if we can make a permanent indicator for this idea.
Wishing you all well.
Tim West
9:06AM EST, Wednesday October 4, 2023
Natural Gas Price Forecast DXY Oil Gold SilverNatural Gas Price Forecast DXY Oil Gold Silver
Welcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias
- Natural Gas Natgas Stock in a daily neutral trend
- Strongest resistance for natural gas resistance is 3.03 to 3.17 range
#naturalgas #xauusd #dxy #xagusd #natgas #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
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06:06 USO Oil Stock Forecast
08:39 Gold XAUUSD Stock Forecast
12:09 US dollar DXY Stock Forecast
Natural Gas waiting for a spray up to 4.13Cup and handle is forming on the Natural Gas daily price chart.
It started on 2 March 2023. And since then it's been forming higher lows.
We are just waiting for a strong breakout to the upside before all steam ahead.
7>21 - Bullish
Price>200 - Bullish (For the first time in months)
RSI>50
Target 4.13
NATGAS Will Go Down! Sell!
Hello,Traders!
NATGAS broke the key
Horizontal level of 2.862$
So we are locally bearish
Biased on GAS and we will
Be expecting a further
Move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Natural Gas Price Forecast DXY Oil Gold SilverWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias
- Natural Gas Natgas Stock in a daily neutral trend
- Strongest resistance for natural gas resistance is 3.03 to 3.17 range
Natural Gas ShortShort 2.930
Target 1: 2.860
Target 2: <2.78
Stop: 2.978
Elliotwave: Starting Wave 3 of (3)
NATGAS SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
Previous week’s green candle means that for us the NATGAS pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2.723.
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NG1! Buyers In Panic! SELL!
My dear followers,
This is my opinion on the NG1! next move:
The asset is approaching an important pivot point 2.930
Bias - Bearish
Safe Stop Loss - 3.008
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2.788
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
GAS FUTURES, BEAR-MARKET-Wedge Will Print the NEXT -80% DROP!Hello There!
Welcome to my new analysis of GAS FUTURES from the weekly timeframe perspectives. Since events of the last year 2022 pumped the GAS FUTURES with an inflationary demand shock to unnatural new highs it heavily reversed this dynamic and GAS FUTURES converted into a massive sell-out with a hugely inclined bear-market supply-dynamic that printed several bearish momentum determinations and liquidated positions in a record pace, this happened not only because the whole gas futures have been altered by the massive bear price-action accelerations. Now, GAS FUTURES did not nearly recover from this massive bearish pullback and there is still a lot of supply within the market ready for execution.
Paramount Formations Being the Origin of the Gigantic Price-Action Volatility:
When looking at my analysis, there it is marked, that GAS FUTURES completed the momentous bubble top as of August 2022 and from there on continued with the heavy bearish decline, completing the gigantic bearish ascending wedge formation firstly before the enormous gigantic -80% bearish dump towards the downside printed the major bearish wave C within the whole bearish wave count. From there on GAS FUTURES did not manage to recover and form a substantial reversal, rather GAS FUTURES kept within the lower levels to form the next crucial continuation formation within the level which is an ascending wedge continuation setup. Such a formation in almost all of the cases is marking the continuation setup of the next severe bearish trend wave towards the downside.
Current Formational Dynamics and What to Expect From the Formational Structure:
Since February 2023 GAS FUTURES have already continued with the completion of this ever-so-crucial continuation formation which is marking the actual wave C within this massive bearish trend. Especially, as the GAS FUTURES are about to complete this crucial wedge formation with the wave count to emerge into the final breakout below the lower boundary this is going to set up the next major wave C drop towards the bearish direction and in this case the next massive -80% drop will be inevitably confirmed. Also, not only because GAS FUTURES will have completed this critical wedge formation, but there are major resistances within the whole chart structure marked by the 50EMA, 25EMA, and descending trend line resistances. This means that always when GAS FUTURES touch these resistance levels continued pullbacks are going to be indicated.
Upcoming Events and Determinations to Expect With the Established Setups:
The next times will be extremely crucial for GAS FUTURES because of the fact that more and more long positions are still in line to be executed because of the inflationary pumps seen in the last year many speculations have been made about massive price increase however as this dynamic turned now there is still a lot of bearish volume waiting in the lines. There are several factors underlining the bearish scenario and these are so overwhelmingly accurate that a reversal is not in any case a possible scenario here. Taking the upcoming massive wave extension into the global perspective it can even extend further beyond the target levels marked in my chart, especially when the wave extension reaches such momentum as it has been seen already within the wave A before. Once the targets have been reached further assumptions need to be made, in this case, according to the determined dynamic the bearishness will be so present that a reversal possibility is declining quite massively.
Because of the significance of this whole development with GAS FUTURES, I am going to monitor the condition further within the next time especially as the final breakout can be completed with other important underlying factors to alter the whole market condition again. A supply increase within the GAS FUTURES is likely to accelerate the main dynamics here. Nonetheless, a major drop within the whole GAS FUTURES does not mean the energy sector is completely bearish, it has to be distinguished between GAS FUTURES and other assets within the sector market. In any case, it will be an important dynamic to keep up to date with.
In this manner, thank you everybody for watching my analysis of GAS FUTURES. Support from your side is greatly appreciated.
VP
Oil Gold Silver DXY Natural Gas Price ForecastWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias
NG1!: Bearish Continuation & Short Trade
NG1!
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short NG1!
Entry Point - 2.930
Stop Loss - 3.032
Take Profit - 2.747
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
Nat Gas getting ready for a much larger movehaven't updated nat gas for a while, because it's been consolidating heavily for most of the summer. Looks like it is ready to break out soon. Holding 3 dollars is key for a much larger upmove to 3.70 and maybe mid 4s. RSI certainly has plenty of room to run and with Nat gas, and it may outperform even past 5.
Natural gas can go down side On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NATURAL GAS 27/09 MovePair : NATURAL GAS
Description :
It is unable to Break its Consolidation Phase. Impulse Correction completed in a Corrective Pattern " Rising Wedge " with a Breakout of the Lower Trend Line and Retracement in Short Time Frame with Strong Divergence
Oil Gold Silver DXY Natural Gas Price ForecastWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias
- Natural Gas Natgas Stock in confirmed daily uptrend
- Strongest resistance for natural gas resistance is 2.86
#naturalgas #xauusd #xagusd #natgas #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #dxy
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
04:11 AMEX:UNG Stock Forecast
06:55 USO Oil Stock Forecast
10:38 Gold XAUUSD Stock Forecast
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The price of TTF Gas may rise in the near futureIt looks like an ascending triangle model has formed. It is usually a continuation model with an upward trend, but also occurs as a reversal model of a downward trend.
Natural Gas
there should be good entry point if it can breakout the resistance . otherwise, I'll still put it in my watching list.
Let's see what will happen by the end of July ( future contract will be renewed).
NG1! The Target Is UP! BUY!
My dear friends,
My technical analysis for NG1! is below:
The market is trading on 2.649 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.723
Recommended Stop Loss - 2.614
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
