NATGAS FORECAST Q1 2024 : PRICE HIKE ANALYSISWas requested so i just technicaled it ya know
my leads wouldnt want me to say more
XNGUSD trade ideas
Natural gas short, short term, then bullish longterm. Looking at a cycle analysis and elliot wave pattern it looks like the natural gas is going to go down in a wave 5 during february and mars. Looking at the cycle analisys and at the fib levels it also adds up.
I think that the biggest players wants to grab as much liquidity as possible before entering long again, and is therefore pushing down the prices. If you look at the volume it also looks like that.
The winter was warmer than expected and it isn't going to be much colder or hotter in the next few months due to the global warming. This summer will probably hit new records of high temperatures which will drive up the prices again.
This is only what I think, also analyse at your own of course.
NatGas bottom is in.NatGas breaking the 2.2 level is certainly the call for me to enter a long position. I believe this is well under as it wasn't that long ago we were floating around the 8 mark. Over the next two months I expect it to make a move towards the 8although I think it will stall around the 5 mark and consolidate for a short period while people take profits.. Before pushing up to the TP of 8.
NatGas UpdateNatural gas. I'm just counting waves, trying not to pay attention to reports of a warm winter and general pessimism.
I correctly predicted the recent top, but I did not expect the price to fall so low. In retrospect, it appears to be fine from a technical standpoint, despite some disproportions on minute timescales, but hey... it's gas. It is frequently disproportionate and volatile.
Good News: Natural Gas is down 65% since April 2010The good news about Natural Gas is after adjusting for inflation, but still it is positive when the price of energy is low and affordable for consumers. We have a lot of natural gas in the USA and when the price stays the same and inflation makes your wages and income go up and makes the affordability of energy go up as well.
It is easy to remember the headlines about high prices a year ago and before on the Government lockdowns and supply chain disruptions (which continue with the Panama Canal and Suez Canal disruptions), and yet the drop in price isn't covered much by the media.
Our electricity prices were raised here in Connecticut because Natural Gas prices had soared to such high levels but the new rate agreement wont get set for quite some time, which means we are locked-in paying the highest prices for electricity when NatGas was $9 and now it is $2.
Prayers for prosperity in 2024 for all.
Tim
Tuesday, January 23, 2024 12:19PM EST
XNGUSDThere is a two probability indicating as per my setup.if breaking below 1.65 wait and watch market moment
NATGAS: COINCIDENCE?Hi guys, I dont remember if I published this idea yet, anyway the pattern after this low gap it seems the same.
Let's see if oligarchs will leave EU one year without ultra pay their bills.
NATURAL GAS - Only Way Is Up!From a technical standpoint, Natural Gas is currently at levels where there's very very limited downside and major potential for upside.
Many times when we've seen prices come to these lows, price shot up hundreds of %. It's unlikely that we'll hit 0 and therefore balance of probability suggests that going Long on Natural Gas would be a good bet!
Trade Idea:
- For a safe entry, enter on break of the red trendline
- For a risk entry, look for buying opportunities anywhere between the region of 1.6 and 1.8
- stops below lows after the red trendline breaks
- Targets: 3.5, 6, 10
Goodluck and as always, trade safe!
Natural Gas Double Bottom Oversold Stoch RSIDouble Bottom Oversold Stoch RSI. The technical analysis indicates a Double Bottom pattern along with an Oversold condition in the Stochastic RSI. This combination suggests a potential reversal or a bullish momentum in the market. The Double Bottom pattern is characterized by two consecutive troughs at approximately the same price level, indicating a possible trend reversal from a downtrend to an uptrend. Additionally, the Oversold condition in the Stochastic RSI suggests that the asset may have been oversold and could be due for a price increase. Traders may interpret this as a signal to consider buying or taking a bullish stance in their trading strategy.
Natural gas demolishing the bulls!We have been consistent with our calls on this commodity.
We warned you of lower price action to come and it has come!
new downside levels have been calculated that Nat gas breaks the $2 level.
We should see an intraday bounce tomorrow for a nice day trade move.
NATGAS LONG TERM TRADE analysAug 27
Hello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Natural Gas - LongHi all,
Big long opportunities are araising in natural gas.
Now there are still a big selling pressure and roon for the RSI to get the oversold area. So in my opinion 2.131 is a good level for start buying. But the desirable level is the 1.643 and it can be reached as there is no clear pattern for revesal trend.
Nevertheless both levels are good as it can provide a good Risk Reward Ratio, considering the 2 potential targets (3.42 and 5.349) indicated.
good trading! :)
Natural Gas buy area Nnatural gas buy to resistance area only that show on chart.
rules: If price goes down on buy area then entry for long and stop loss is below buy area.
Natural Gas Buying Trade IdeaPlease follow the plan, must put handsome risk management plan on your trading plan.
1:3 Risk reward ratio is good must trade according to your plan.
NATGAS TO $4.50! MAKE LIFE EXPENSIVE AGAINDada putin will give more sanctions and NATGAS will react. Major bankers use quantum computing and crazy algorithmic models to predict but it's actually way easier. The BRICS has plenty of gold and oil to sustain their native (ruble) fiat currency and there is no need to lower the price of NATGAS.
I am a technical trader but on NATGAS it's the same as placing a bet at the bookies, so start buying at range lows or premium and look to sell natural gas near $4.50...
Don't fade the obvious, much love.
Nice OppurtunityI dont think I will even use SL if it comes to my enter level... It is great oppurtunity for long position.
Natural Gas RunA simple idea for a bullish long run with 3 icons as price predictions. These can be traded in advance if a candlestick pattern signaling a potential turnaround and the price position relative to the next target/icon, presents a good opportunity regarding risk/reward.
The rectangles are zones of influence which can become support, resistance, or consolidation.
Trade with good risk assessment and may the profits be with you!
Leading Diagonal!Dear FRIEND,
I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones.
As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market.
I am sharing my analysis with you. However, please note that I am not providing any buy or sell signals. My goal is to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
In the attachment, I have included my previous analysis of the same market so that you can compare and see the. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily).
I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished.
Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
(Mr. Nobody)
Natural Gas (XNGUSD) Buy Trade Idea Natural Gas (XNGUSD) Buy Trade Idea
The overall price is open in the bearish gap from 2.9500 to 2.71620 in the demand zone.
The trade setup should include the following:
Natural Gas Buying Zone: 2.7150 to 2.7750
Stop Loss: 2.6550
Take Profit1: 2.8250
Take Profit2: 2.8850
Take Profit3: 2.9850
Take Profit4: 3.1000
Must follow the money managements plan.
Natural Gas could be in for a squeeze!Nat gas inventories and price action today were super volatile.
We saw a 7% rally, a 4% decline all for nat gas to finish up positive 2%!
Inventories remain in bullish trend.
Bitcoin ETF Approval & Stock market analysisBTC is moving higher but really Ethereum is the breakout chart.
Small caps lagging the market bounce.
Oil, Energy, Commodities hit today despite weak dollar.
CPI & innitial Jobs data tomorrow.
Xngusd creat triangle pattren never go down now, going up and uXngusd natural gas. Reate triangle pattren. It will never go down now. Going up and up
