BOIL is here on a 30 minute chart. It has reversed this week and ascended 13% with a double bottom at 13 and 13.25 forming a resing support trendline. Volumes changed from selling to buying. Price bounced off the ATR- stop loss in its pullback and now appears poised to break through the moving average channel and get support after that cross-over. I will...
This 30 minute chart of spot natural gas demostrates the indicators triggering / signaling a big move as it gets underway. I missed the big move catching the two smaller scalpes earlier in the day. For me, this demonstrates the value of one or more of these indicators armed with an alert or notification to catch the move once it gets started. It also shows the...
UNG on the daily chart has put in another monthly low similar to that of December after falling from a double top in early January. Gas production may be low. Storages may be depleting as demand is steady even in mild winters. The indicators show mild bullish divergence on the zero-lag MACD and volatility compression on the Fibonacci levels with low...
BOIL in the past month fell from a head and shoulders pattern on the 15 minute time frame into a trend down which leveled out into a double bottom. Supply is in a draw down right now as might be expected when gas production is diminished in the middle of winter while demand is rising. The Economics 101 expectation is rising prices on the futures market. The...
Pair of Name : CAPITALCOM:NATURALGAS ( NATURAL / GAS ) !Update! [ Time Frame : 2hrs [ Direction : Long [ Type : Swing 10Year low to High ———————— Description -------**-- Update on natural gas. Price is currently getting support from this inner trend. And for the other trend line price is getting supply. Price seems to not break through this level This seems to...
170-168 IS IMPORTANT SUPPORT ,break this level downside next support 115 rs ,again naturalgas flying take this any one support
we finally hit the take profit point after a bit of speculation of If price was gonna go up. We decided to take this trade once we got a clear sign. And after these 30 days Offer wondering if the price is gonna go up or down. We finally came to this decision and made huge return!
Pair : NATURAL GAS Description : It is unable to Break its Consolidation Phase. Impulse Correction completed in a Corrective Pattern " Rising Wedge " with a Breakout of the Lower Trend Line and Retracement in Short Time Frame with Strong Divergence
Technical Analysis: - Natural Gas is in a weekly edging buy area and any moment it can bounce once wave (5) in blue will be done - Anyway, the big probability with actual data is that a small extend could happen in the wave (5) - H1 right side is turning down - H4 right side is down Technical Information: - If you're a position trader or long term...
On natural gas chart, we see a good consolidation at lower level Now the price pattern show strength in Natural gas If natural Gas break 2.9 or 3.0 than we can see a good reversal in Natural Gas Chart for atleast 3.5 or 04$ level.
Traders are currently reducing natural gas losses, but the outlook for the summer is unimpressive, combined with technical factors, which suggests the possibility of further declines in the future. Natural gas is trading on the weakside of $2.432 (R1), making it new resistance. Overcoming this level will indicate the return of buyers with $2.638 (R2) the next...
On the daily chart KOLD has been testing resistance since February with a single touch in February , a head and shoulders in April and a double top in early May. It is now retracing due to the rise in natural gas prices in the past 10 days. A support line from a prior retracement in early March is drawn at 41.45. This analysis is further supported by the...
Wait for the small trend (blue line) to be broken upwards with confirmation of retest and rejection and from there you can enter LONG. We have interesting news from SAPPORO, which announced today that they will reduce GAS production, but, a big BUT, they mentioned that they will temporarily stop investments in this sector. On the one hand, this can scare small...
From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread. I dont trade short term, keep in mind my ideas are longer term, and its boring. We wait for the cycles to bottom and we wait once in the trade for the trade to mature. Fallow, like so you dont miss the updates.
NATURAL GAS refilling at demand zone and about to rebound. Exit at 2nd supply zone
Good morning traders, I'm sharing with you my trade for today on NATURALGAS, following the chart I got what we call a springbox on the system I follow and I kept waiting for the pullback on the vwap. Now I'm in and I said why not to share it with you to make some profits. SL and TP set them on your own
Natural gas , last move up was quite week, and whiteout foundation. Will be glad to take it at 5.000 and let it go. If it break the top, will go for that patter as I'm showing. Once again on commodity, I would trade future on 03.23.
Hello traders! ‼️ This is my analysis on NATURALGAS . Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to fill that gap above and the to make a retracement to look for a long from trendline. Like, comment and subscribe to be in touch with my content!