NATGAS Party's over. Back to reality.Natural Gas - Cash forum
๏ปฟNATGAS Party's over. Back to reality.
XNGUSD Crude now gaining. one almight crash is coming for NatVegas
NATURALGAS these 1m candles are paranormal afNATGAS Quite a tug of war. Iโm siding with the bears.
NATURALGAS first rejection from support after the recent swing low, I'm monitoring for a retest and bounce with bullish divergence in the direction of the 1h/4h uptrend.What I'm looking for is price to pullback again and form another low - preferably equal or higher.
At the same time, most if not all oscillatros that I have in the other panels should form some kind of divergence i.e if price makes equal low then I need a lower low for oscillator - this is a hidden bullish divergence.
If price makes a lower low after retracement, then I will be looking for regular bullish divergence i.e oscillators making higher low but this kind is a weaker divergence and more risky to trade.
Based on the ATR, if the previous low near support is also the lowest point for today then price should not drop below 3.585 - if it breaks below this after retracement then further downward move is likely.
Good luck everyone!
XNGUSD Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the XNG/USD "Natural Gas" Energy Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk ATR Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ๐๐ธ"Take profit and treat yourself, traders. You deserve it!๐ช๐๐Entry ๐ : "The heist is on! Wait for the MA breakout (3.700) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries.
๐I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss ๐: "๐ Yo, listen up! ๐ฃ๏ธ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout ๐. You feel me? Now, if you're smart, you'll place that stop loss where I told you to ๐, but if you're a rebel, you can put it wherever you like ๐คช - just don't say I didn't warn you โ ๏ธ. You're playin' with fire ๐ฅ, and it's your risk, not mine ๐."
๐ Thief SL placed at the recent/swing low level Using the 4H timeframe (3.300) Day/Swing trade basis.
๐ SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
๐ดโโ ๏ธTarget ๐ฏ: 4.200 (or) Escape Before the Target
๐งฒScalpers, take note ๐ : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money ๐ฐ.
๐จโฝXNG/USD "Natural Gas" Energy Market Heist Plan (Swing / Day Trade) is currently experiencing a bearishness,., driven by several key factors.
๐ฐ๐๏ธGet & Read the Fundamental, Macro, COT Report, Inventory and Storage Analysis, Seasonal Factors, Sentimental Outlook, Intermarket Analysis, Future trend targets.. go ahead to check ๐๐๐๐๐๐๐๐บ
NATGAS We already had that big rising wedge pattern that we successfully broke down from. That wedge covered the full move up from the lows in Feb 2024. The next expected pattern is a new wedge highlighted in white. Price should follow the orange path. #natgas More on my Patreon.patreon.com/StockGenieUSA?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Big move coming that most aren't ready for.
NATURALGAS if you see consolidation around $3.4-3.5 then buy and hold for $4.2-4.4 currently in status: Mark UP.NATURALGAS support area in 3.68-3.59 Iโm monitoring here for price to bounce up inside of it - if it does so then I am checking volume and momentum for bullish divergence compared to last days bottom in order to enter long.
NATGAS In the longer time frame I can see head and shoulder forming. could see a massive dump in a month?