NG1! trade ideas
NG, on active accumulation phase..NG, is undergoing significant accumulation at the current levels. It revisited strong order block / support at 1.9 level and it touched this multiple times. It retested it and bounce back-- only to return to it multiple times. Let's see if it can finally muster strength to reverse from this level.
Spotted at 2.10
TAYOR.
NATGAS Risky Long! Buy!
Hello,Traders!
NATGAS went down again
And is retesting the horizontal
Support level of 2.00$ again
So while the bias is somewhat
Bearish I think that due to the
Strength of the level we can
Count on one more rebound
Buy!
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Natural Gas Long Term Outlook | Importance of 4H Trend change | - AMEX:NG AMEX:UNG AMEX:BOIL cant stress enough we need to change trends, even if it is a very big move it will just fade if no trends are changed
- need to change the 4h and daily trend to the bulls
- likely tightening up in a equilibrium into May, still holding the teal support line.
NG1! Massive Long! BUY!
My dear friends ,
This is my opinion on the NG1! next move:
The asset is approaching an important pivot point 2.186
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 - 2.439
Safe Stop Loss - 2.050
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
Natural Gas Is Looking For Lower SupportNatural gas is trading bearish for the last couple of months, but we see it in a larger (A)-(B)-(C) corrective decline that can be slowly coming to an end. We are actually tracking final wave 5 of (C), which should be completed by a five-wave cycle of the lower degree.
Natural gas is currently in an intraday consolidation within downtrend, ideally in subwave "iv" triangle pattern that can take it lower for wave "v" of 5 of (C) towards 1.6 - 1.5 area before it finds the bottom.
2023 Tradingdesk for Natural gasFrom now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread.
I dont trade short term, keep in mind my ideas are longer term, and its boring.
We wait for the cycles to bottom and we wait once in the trade for the trade to mature.
Fallow, like so you dont miss the updates.
Apr 10,23-NG-Finally hit bottom?Some decent gains today...Finally!! So have we finally hit a bottom? Back in Mid to late Feb price bounced off the 2 mark...so it looks like 2 is a very strong bottom. Or are we just going to go sideways now for a while? No bloody idea!
But at least we have some gains today...could be a good week...or could just be sideways week - keep your eye on it.
Lots of financial activity this week from the Fed etc so markets could change instantly.
Trade safe and stay safe!
Heiko
NG1! On The Rise! BUY!
My dear friends ,
NG1! looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 2.035
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 - 2.507
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
NAT GAS LONG. The lows are LIKELY in for Nat GasNat Gas is probably THE most hated commodity now. Its reached MAJOR Horizontal Support, and 2 CONVERGING Trendline supports. ALL 3 are Converging at $2 level. Expect a bounce to 1st Target at recent highs $3 with Ultimate Target price at upper end of falling trend channel ~$3.55. Historical average Price of Nat Gas is $4 since 1990 with $1.62 - $2.00 range acting as MAJOR Support Zone for the last 35 YEARS.
Current price is also at the BOTTOM of the recent trading range and price appears to be forming a Wyckoff ACCUMULATION.
LONG Nat Gas at $2.01 and anything <$2.01. SL = CLOSING PRICE < $1.44. Reward:Risk = 1.75:1 at $3.00 target price and 2.7:1 at $3.55 Target Price
Trade what you see.