Provided the Ukraine crisis doesnt boil over into a hot war, the price of UK natural gas should stabilise. The price of natural gas will still be much higher than in 2020, however it should lead to more reasonable energy prices for the UK, again subject to de-escalation of the Ukraine crisis.
The itsy bitsy spider climbed up the waterspout. Down came the rain And washed the spider out. Out came the sun And dried up all the rain And the itsy bitsy spider climbed up the spout again. Everybody knows this nursery rhyme, but for us, the lyrics go like this: Itsy bitsy NatGas climbed up to the green span Down came the rain And with it NatGas ran. Out came...
Natural gas is in correcting as a ZIGZAG for the 2nd wave and it can bounce from 61.8% of fib level. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to...
NatGas is a legit little drama queen these days. Since last week, it has completed wave 2 in green at about $4.049 and has not looked back so far. With several dramatic boosts, it surged upwards and breached the resistance line at $4.825 to finish wave 3 in green. After this exhausting exertion, it put its delicate hand on its forehead, sighing: “I need to recline...
Technical Analysis Summary Natural Gas TREND ANALYSIS We have 1 Downtrend in red color We have 1 Uptrend in green color Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels...
Technical Analysis Summary Natural Gas TREND ANALYSIS We have 3 Downtrend in red color We have 1 Uptrend in green color (Long Uptrend) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of...
Natural Gas might find support on the rising trend line if it holds or break through to the bottom if the trend line doesn't hold price. The past weeks we saw a very strong decline in price which even the 100MA and 200MA could not be able to hold. We will observe price once it reaches the rising trendline for bullish confirmations for long trades or bearish...
Natural gas is going to make a new high for the 5th wave. We can buy it when it will come down for the correction. #ElliottWave #NaturalGas
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Natural gas uptrend has potential to continuous, Next target $7 - $7.4
Series Of Higher High and Higher Low Hammer Formation at Possibly Higher Low Entry 5.489 Stop loss at 5.402 With trailing Stop Loss at Lower Highs DO NOT TARDE WITHOUT STOPLOSS!
natural gas exactly reversed from the point of resistance on monthly chart and started falling new bull run can only come if it breaks the top resistance.
Natural gas has finally changed its trend by breaking very strong resistance, it can continue to move up easy 1:3 risk rewards can be captured, follow the support and resistance lines. #pure price action
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello Welcome to this analysis about NATURALGAS , we are looking at daily timeframe perspectives. NATURALGAS in recent times heavily increased with bullishness however it now moved into an overbought condition. NATURALGAS is developing here that will be a decisive factor in the upcoming times. I discovered the main formation NATURALGAS is developing here that...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...