Hi all! This chart is pretty self explanatory and tells a lot of potential stories. As we all know, NATGAS is a beast of it's own and often technicals are embarrassed by NATGAS movements. But considering inflation, whispers of war, absurd weather, perhaps this isn't as crazy as it sounds. Anyhow, I really wanted to put this out there as a lot of technical...
Helloooooooo PIPPIN TRADERS!!! I'm back with another one. Natural gas is showing a sign of a small correction down to around 6.70 before we have another push upwards to 8.00. Good risk to reward...trade with care!!
For my idea I use my Script "ROAD TO DUBAI" (if you want to test it check this link) As you can see there is a Fibonacci extension really interesting for a safe Short. At worse case price can go up even further, at 9.1$ / 9.2$. However there is others useful signals We have a MACD SHORT CALL [ A couple of X Red Cross RSI Short Related call An...
Hey. NatGas, I'm betting that it goes up again after a little retracement. As far as I'm aware, there is still bullish sentiment on US Natural Gas, given the macroeconomic situation with Russia and everything. God bless, and safe trading! Remember, taking a bet in trading is okay, as long as you keep your stop losses tight. No need to lose your whole wallet on...
The natural gas market has been supply constrained ever since the Russian ukraine war started. The war is significant to the natural gas market because Russia is the worlds 2nd largest producer of natural gas. Russia also holds 20% of the worlds natural gas reserves. NAT GAS is trading above a crucial 10 year resistance level around $6.5, we broke this level...
Expecting bullish price action on this pair but simply on a fundamental reason, price tapped on 7.0$ institional figure taking out some retail stops below this price area and for now we are going for the ATH - ALL TIME HIGH. What do you think ? Comment below..
Natgas may still have a very big upside considering Russia will be doing everything to win the war before May 9. It is very probable that Natgas will be able to reach the 1.618 FIBO level 8.255 in June 2022. Very Interestingly, 8.255 is also the measured move from the triangle.(see chart) Not trading advice
📉 Expecting bullish price action on NATURAL GAS as price is in a clear bullish market strucutre on D1/H4 timeframe, price made a breakout above the weekly highs retraced back into the H4 imbalance testing the weekly highs and clearly reject from that area. I think we will see 6.0 ASAP. From a market seasonality standpoint we are very bullish as naturalgas should...
The price action is very bullish but is arrived on biggest resistence area and in 15minute time frame is creating a potential H&S patter. If confirmed the break of neck line we can have a short impulse to near support area.
📉 Expecting bullish price action on NATURAL GAS from a medium-long term perspective as we are in a HTF BULLISH MARKET STRUCUTRE, price kept the 4.5 psychological barrier without breaking it to the downside, we have bearish imbalances somwhere around 5.0 that should magnetize price back there, Market Seasonality is very bullish on chart as we have a BULLISH CYLCE +...
Type: Bearish drop Resistance : 372 Pivot: 363.9 Support : 332 Preferred case: We see the potential for a further bearish drop from our Pivot at 363.9 in line swing high resistance towards our 1st support at 332 in line with 127.2% Fibonacci projection and 61.8% Fibonacci retracement. Our bearish bias is further supported prices trading below our ichimoku...
Natural Gas - idea update Flat situation... but is it possibile a new short action in the next week
Wrote about this stock earlier today or yesterday. Continued volatility within LNG should make commodity transporters like $GLOP skyrocket. Large cup and handle and ascending triangle shows this name is getting ready for it's 15 minutes of fame.
It takes a brave investor to bet on the outcome of Vladimir Putin’s saber rattling around his neighbor Ukraine. One result of the Ukraine crisis seems more predictable: The European Union will look to cut its dependence on Russian natural gas, which currently accounts for 40% of consumption. Companies from Norway to Texas might benefit. The simplest way to...
Natural has been on a decline ever since their recent high of 5.3. Price is heavily oversold here. We can see that the trend has recently left the falling flag and most recently breaking out of the descending triangle, recording a positive RSI divergence there too. Currently on a important resistance level and my first target is the resistance up in a area around 4.5.
slight pause in the market after a bull run. going to pull back to pervious resistance that will become support.
Another confirmation of my confidence in the YATEC (MOEX:YAKG) - Zhejiang Provincial Energy Group Co Ltd buys 10% of YAKG and its subsidiary - GlobalTec for 500 million euro. The Chinese company evaluated YAKG as 500 RUB per share, current market price is 140. I suppose it will grow more than 5 times next autumn. Its not investment suggestion, but Im buying...
As we know, NATGAS is a beast with it's own mind and often technicals fail to support it's move, but here's one anyway! As you can see there's a descending flag that has been accumulating and I've used a fib extension to determine it's next target. It's severely oversold on the hourly and the 4hr charts, due to I'm sure the profit ejections from the previous...