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...
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...
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
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....
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
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.
I can see some downtrend after hitting below 1.900 good for shorts and I can see some good upward movement after hitting 2.55 to 2.7 would be great range for longs Above mentioned views for purely positional trades
I am expecting a continuation according to HTF and a high propability of a bullish movement after mitigating the FVG . Happy trading.
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...
Wyckoff throy here is bullish to the moon acumilatuin
On April 22, 2024, CAPITALCOM:NATURALGAS is trading below the resistance of 2.04 - 2.05 (yellow line) from Feb 6, 2024, with 3 bottoms forming as shown on the chart. A break above this resistance would trigger a buy signal with the target around 2.45 as shown on the chart, the same distance to the resistance as the from first bottom.
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
The price of gas is moving away from the previous bearish trend. January and February were extremely bearish. March was a month of consolidation, and April initiated a bullish consolidation supported by EMA20 and EMA50 daily. The price is currently at the $2.05 level, and before the next bullish run, a pullback to the $1.95 support zone is possible.
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...
Seems like natural gas is ready to explode in 3rd of 3rd Elliottwave. Oil has similar sentiment despite being less obviously bullish. Natural Gas remains so far firmly on track and expected to rise with oil, perhaps on the Middle East escalation in the most nearest future.