Since February, the price of natural gas has increased by more than 50%. It seems plausible that this upward trend will not continue at this pace, especially with the warmer season approaching. Seasonally, it's worth noting that natural gas often experiences cyclical highs in the spring, which are rarely sustainable. Based on this premise, supported by technical...
NATTY is extremely overextended and finds itself on the 0.5 Fib retracement after accumulating a substantial bearish divergence on the 4hr. After breaking out of the cup & handle, it has yet retested those areas which it will IMHO. NATTY often peaks in the middle of May which is often followed my strong consolidation into May, before it really gets going in June/July.
I will be honest with you, I have high hopes that this one could be the project with the biggest success, not necessarily in predicting what the market might do, but how will it act and when and even where. In other words, as usual in most nen projects, most rectangles are simulated projected potential support and resistance zones in their specific time zone, with...
After recent massive bearish rally , Market formed a double bottom on weekly with bullish div seems like the price may go for another leg higher. Entry 1.746 SL 1.510 TP1 1.990 TP2 2.226
the detail is shown in the above Idea. I made this Idea based on Candlestick Analysis and Harmonic pattern. We are still in a downtrend and probably we see a significant decline toward the Crab support line in the Next Weeks. GOOD Luck Idea number #103
Previously, The Natural Gas Formed a Bullish Falling Wedge Pattern. On Monday 6 May The Price Broke The Resistance Level (1.973 - 1.893). Currently, This Key Level is Broken and Becomes a New Support Level ! So, I Expect a Bullish Move 📈 --------------- TARGET: 2.140🎯
We are in expectations of price going. Down and sweeping the liquidity sell side before initiating towards upwards. One surprise has initiated all the way up to our main target area at 2.4000$ Will we be seeing a continuation? Or a fall? Our entry point will be revealed later on once we find the perfect OTE zone. We will be dropping in low time frames. such...
Natty has reached the lows of Feb - 23 and has retested with some bullish intent. There's also Bullish Divergence on various timeframes inc. Daily, 4hr, 2hr, 1hr as well as a Monthly on if it holds at these levels for a couple of months, from which we could see a major move up. Taking the 0.618 fib levels as TP which also retest a previous support level....
This is my idea for NatGas. I think after this rebound we can start soon the 3°wave... After the first wave that had hit target we had a potential 2° wave (less than 100% of 1°) so before the next wave, we can have a retest of support area but in any case my stop is under 1.5$. Area between 2 and 2.4 is good for accumulation long position. Analisys is for weekly...
Breakout from trendline. Upwards now 👊 We have mapped upside price targets in case the resistance lines are broken. If price gets rejected at the resistance line then price is expected to retrace back to the breakout point and then bounce back up If it holds we have expect price to bounce towards upper resistance lines and ascending Fib price targets. Are you buying?
Quite clear H&S shoulder pattern has developed on NATTY which began accumulating at the beginning of March of this year. The green rectangle is the base of the massive accumulation zone which has acted as support previously, now turned resistance. There's been 2 prior attempts at breaking through, on the third, it broke but wasn't able to hold. The target...
Natgas is again approaching the usual support level around 1.613. I think we can't go any lower than that, so it might be worth taking a long position. The lowest possible can be 1,566.
NATURALGAS Pumping today but its coming out of a long ascending channel. So this is wild and dangerous. It has again pushed through resistance into the higher liquidity area. At some point it will likely collapse either to a Golden Window retracement or lower low 👍. Not shorting. Not advice
Please pay special attention to the very accurate trend, colored levels and channels. Be careful BEST MT
The NAT GAS is a historical low prices and shows a really high risk/reward opportunity to buy. Good luck!
The current chart pattern perfectly fitting under "Bear Flag". Let's see how it works out
Hello Traders In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET today NATGAS analysis 👆 🟢This Chart includes_ (NATGAS market update) 🟢What is The Next Opportunity on NATGAS Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Looks like Natural Gas is trending in a channel and just landed on the its support area. Theres a high probability the price will reverse from this area as its been consolidating there for quite some time now.