NATURAL GAS: Bullish- SHARK + WOLFE WAVE
So, regarding gas the Wolf of Zurich detected a "Shark" and a "Wolf Wave" in Daily.
The market could rise violently.
There is a strong divergence on the ROC
Attention!!
The 50 and 200 exponential moving averages are potential targets
There
stay careful
Natgas, with my speedlines contracting I anticipate a slowdown in bearish momentum. Will wait for more price sessions and price to intersect either resistance or support lines before taking any trading decision.
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It may sound counterintuitive, but there's actually a lot of truth to this idea. When you take the time to appreciate the good things in your life(LIKE HAVING A ❤️ING HEATER IN TEXAS), it can shift your mindset and...
The main motif behind the project is the intention and attempt to predict in advance the tendencies of the market in specific time zones through the representation of the ellipses. Upward pointing means potential bullish sentiment in that time zone, and the other way around for downwards pointing. The catch of the time zone is that their vertical arrows as...
Natural Gas fighting in the futures to stay alive.
If we for a higher low and close above $1.60 i believe we will have a quick squeeze to $2.25.
The bulls need to defend this gap up!
Shorting natural gas amidst its current downtrend and bearish pressure presents a compelling opportunity for traders seeking to profit from market movements. With careful analysis, disciplined execution, and a keen eye on risk management, investors can position themselves advantageo usly to capitalize on the downward trajectory of natural gas prices.
Natural gas has been experiencing a prolonged period of decreasing prices. However, there are signs of a trend reversal, as divergence is being observed on all timeframes, including week, day, and 4 Hours. This is an indication that the bearish trend may be coming to an end. On the 4H timeframe, the structure has broken to the upside, suggesting the possibility of...
Greetings
Dear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have...
As in the chart we have 0.5 fit level rejection yesterday. and today market is near to that level after rejection but with out volume. so according to the chart we can predict that 1.75 level is crucial imp for demand. and using fb extionsion we have given minimum target ie. 1 (level is 2). i am seeing big players making pocket full. i am hoping strong close...
XNGUSD on the 30-minute chart is accompanied by drawn-in trendlines, a Fibonacci
retracement as well as an anchored VWAP and volume profile. An RSI indicator is also added.
Price hit a recent high of 2.81 on May 19th and then trended down to 2.11. While a 50%
retracement might have been expected ( to 2.46) price only rose to 2.42. I consider this...
As shown on the 15 minute chart XNGUSD is in an ascending wedge pattern which is generally
considered bearish. In the past day, price has fallen slightly below the support trendline.
Is this a fake-out or a breakdown? The RSI had turned decidedly weak while the MACD lines
crossed above the histogram and are now under the horizontal zero line. These both...
Natural gas is on the verge of breaking historic lows amid geopolitical tensions. Year after year, increasing demand for natural gas causes gas prices to rise. My target is $2.07!
