If you go with support & resistance can catch short opportunity when breaks 3.9 for upto 3.5. nevertheless god knows where it gonna go if russian nose in ukrain starts sneezing. best luck.
Trade: short Target: $4.85 - $4.75 range Russian President Vladimir Putin instructed Gazprom to increase supplies to the company's storage facilities in Europe. This announcement of the Russian President pressed gas prices. XNG/USD has formed a "head-with-shoulders" pattern. The price is about to break through the neckline. After the breakout, we expect a tiny...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
This commodity has been in a bullish run since April 2021. It found resistance at 3.810 but after a few attempts, on 20 July it broke above this ceiling. These last few days it has been trying to retest this level and I am hoping that it will do that early next week (starting 02 Aug). My intention is to place a pending buy order in the region of 3.80/3.84 with a...
Natural gas is moving in an upward direction And it will continue to rise until it reaches the price of 4 dollars
( Daily Chart ) In the daily chart, the first 5 ascending waves have ended in the range of $ 3.40 and the price has entered the corrective phase of this uptrend. Note that this is one of the most likely scenarios. The first corrective wave is finished around $ 2.25 (a wave a) and the corrective movement of this wave is around $ 3.08 in accordance with the...
NATURAL GAS daily trend line breakout and retest. I think it is a good opportunity for long position.
expecting some manipulations so if the price doesnt hit until tuesday i will cancel the sell limit but generally a good supply zone you may wanna keep it
Is still NATURAL GAS ( XNG ) on Downtrend ?
Trading method: RSADVANTAGE Stage 5 system setup 95% accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. This system is made of custom technical indicators that properly detect trends very early and provides exit signals at the possible dynamic S/R zones. UNGUSD Technical Outlook To open...