If we compare past economic trends from our past in terms of our natural gas price, there are obviously many factors that contribute to the price of Natural Gas as well as the timings of the swings. Most often, natural gas will see price increases more often in the winter if we see unexpected changes in winter weather making it a seasonal bet.
In this chart I...
Around €10.000.000 marketcap, 138 million total outstanding shares, an all-star team (probably the best for a smaller company) and 200-400 million lbs of uranium below their feet, while sold the biggest US based uranium resource in history for about €1.250.000.000 (more than 120x enCore’s current value). I’m truely obsessed by this company and having a big stake,...
Use this as a guide to develop your own setup
Main items we can see on the 4hs chart:
a)The price is against a Weekly resistance zone
b)We saw a clear rejection of that level
c)On MACD we can see a bearish Divergence showing the weakness of the current bullish movement
d)The current ascending trendline was broken
e)We will wait for an ABC pattern o something...
LONG NATURAL GAS GOING INTO US WINTER SEASON WITH STOP LOSS. TAKING PROFITS ON 50% UPSWING. CURRENTLY NEAR LONG TERM PRICE SUPPORT. SHOULD TAKE PROFITS AT ABOUT 3$.51 AS THIS WILL JUST FALL BELOW LONG TERM RESISTANCE
Perfect Short Entry for Natural Gas.
Its in Sellzone for this weeks pivots, next weeks pivots and this months pivots and it also rejected resistance and also top of channel.
Use this as a guide to develop your own setup
Main items we see on the 4hs chart:
a)Price is inside a descending channel
b)On MACD we can see a bullish divergence in the inner waves of the descending channel
c)On a closer look, we can see that the price broke out from the descending trendline and now is leaving a Pin bar on the zone
d)We will wait for a retest...
Hello.
I haven't posted since forever, had a lack of motivation but guess whos back!
DGAZ is continuing with the same pattern than it was having on last decline push. 3 tops and immediately huge decline. Currently we're on 2 tops but the third time could be different. This could be last short potential for DGAZ for a little while as we don't really know which...
NG is trading within a steady Channel Down on 1W since February (RSI = 36.221, MACD = -0.203, Highs/Lows = -0.1685) with the price currently consolidating after making a Lower Low near 2.160. Based on the 1D RSI pattern, Natural Gas should now seek a higher level near 53.00 for rejection which inside the Channel Down will be in the form of a Lower High.
The...
We have broken the bottom of our range (yellow line), I would now look to short the first test of the level (red line) and stop loss above the swing high (green line) and aiming for the next support line.
A little channel on the daily, could be a continuation channel. Also notice that the overall momentum is starting to go sideways rather than down. Ripe for reversal of some sort? Lets see.
4H CHART EXPLANATION:
Main Items we Observe on the Chart:
-Price is inside an ascending channel
-Currently, the price is against a Major Support zone
and facing the lower trendline of the ascending channel
-We draw a descending trendline, we expect that to be broken before taking any long setup.
Based on this if price closes above 2.597 we expect a...
Hello hello hello...
Today we're back with UGAZ analysis.
This time we analysed UGAZ's past data and we found some interesting levels which are pretty close to the price we are at the moment.
27$ mark is one of the lowest supports UGAZ has had in the past and it might be the new support after breakout.
28.7$ has been the resistance in the past.
A little...
