Hello, I think NATGASUSD is in for a bigger drop and report may be the catalyst . Consider the scenario. 1. It consolidated in a range for a long time 2. Made a higher but was unable to hold gains 3. Second wave up after the last report failed to make a newer high 4. It closed on channel below the channel 5. Almost half the volume on the upswings and new...
Head and shoulders pattern If prices break this neckline it will probably reach 3,07 and levels below.
Extremely high probability opportunity to short Natural Gas.
Natural gas from supply zone, although this is CFD not futures
goodluck. Rsi 4h support me
Still bearish movement,waiting for an exhausting candle on daily to resume downtrend
200-EMA is starting flatten. (Please plot yourself) Both 20 & 50-EMA are moving downward, downward trend is expected to be continued. Price manage to break the Resistance Zone and followed by a slight pull back which is a good signal to short Here are 2 trading plans: 1. To short now with right risk amount 2. If the price pull back near to resistance zone,...
still struggling should b touching near 2.65
There is a bearish flag developing on March Natural Gas as well as a bullish Cypher pattern. Look for prices to fall to possibly 2.96 completing the pattern.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 44 COMMODITIES (2016 Yearly Performance) from Chicago, New York & London @ drive.google.com Best regards Aaron
Short NATGAS based on warmer weather projections (builds in inventory), and bear divergence in RSI.
Friday I started selling my position in NGAS. Whilst I do expect further movement up, I think that there may be a possibility for some profit in the short side. That's because the upper BB did not seem to widen when the price reached it. This is a very common sign of NGAS reversing. Furthermore, the STOCH RSI look like not much upside is available. The MACD is...
In the previous days a pattern has been observed where in the beginning of the day, NG tend upwards but around 10-11 a.m (BST) when volume starts picking up there is a reversal and the downside begins for the day. Thus, I think that every move before this time is just an opportunity to build a position. For those unable to trade futures - even more since DGAZ...