Please pay special attention to the very accurate trend, colored levels and channel. Be careful BEST MT
Alright folks, let's vibe with the market rhythm. Sure, we've noticed a bit of a chill in the bearish vibes lately, but hey, don't go diving in headfirst just yet. The price is still cruising below that downtrend speedline, so we gotta keep our cool. Time to channel our inner candlestick whisperer and ride those lines like a pro. If we start sensing some bullish...
The NAT GAS is a historical low prices and shows a really high risk/reward opportunity to buy. Good luck!
I want to be honest.. The rally long was a surprise for me, I expected a long phase but without this momentum. It was really strange because we have a big storage increase more than last year and I expected a long phase but more flat. so I think now we can have a rebound of price until support area more or less 2$ before the last long (if we will have). The...
Natural Gas prices run their second straight profitable month, covering the Q1 losses and starting the current week on the front foot. This brings the year’s highs in the spotlight (3.3974), but bulls will need fresh impetus for taking them out. The RSI points to highly overbought conditions though, making the commodity ripe for a pullback towards the EMA200...
XNGUSD is here on a 120 minute chart. I can see that it is trying to turn the corner and head up. The RSI is turning up in bullish divergence. While price is below its moving averages, the SMA20 is soon to be in reach. The anchored VWAP lines are approaching a slope decreasing to zero, while price is getting closer to the mean VWAP as those lines go flat....
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...
XNGUSD is still in oversold and undervalued territory as demand may be mitigated by anticipation of milder weather and supplies seem to be more than adequate. XNGUSD may move higher if either of those factors changes. The chart shows price about 15% above support and about 60% below heavy resistance. The RSI indicator shows the faster RSI line above the 50...
XNGUSD ( Spot Natural Gas ) on the 15 minute chart shows that it has risen to a supply and resistance zone while the dual time from RSI indicator shows a bearish divergence in the faster green RSI line. The predictive algo of Luxalgo for the regression line forecasts price action to be downside. These are enough analytical aspects for me to take short...
NG - Natural Gas is approaching a sell zone. Let the GAP close and look for a price near the 88.6 FIB level for a retracement down. As always, secure 20 PIPS! Share your thoughts. The Professor
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...
Natural gas inventories came out bullish today. Over a 2.5 deviation move. tagging a 505 Fib retrace level, Id be shocked if we keep pressing higher.
This is Long -Term Analysis to understand the "Upcoming" Market Direction. Now Confirmed the Downtrend has Breakout. So market definitely move into Uptrend. It might temporarily move downside as a Retest of the Trendline. Must follow Trend continuation technic. I marked 0.5 Fibonacci Retracement. It is Next Target for Short Term Traders. I want to help people...
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...
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.
Nat gas has been a monster breakout trade. Our members were positioned well on the long side and have officially closed everything out. We are now looking for an arbitrage short opportunity. We do except nat gas to go higher but price gains need to be digested.
In this one I use my preferred charting tool that uses data points from the past: Curved Trendlines. While there are other variations of such lines that I might use depending on the context, in this case the pattern low-high-high or high-low-low is widely detected as relevant and used as such for mapping out potential forces and support/resistance zones. As you...
Bullish Butterfly with perfect harmonic measurements completing at previous low Target one - 2.42 target two - 2.92 target three - 3.5 stops just below the low zone 4.5 x 1 = risk to reward good luck traders its been awhile, I have returned.