Natural Gas Futures - Short

This is a trend based analysis of Natural Gas Futures . Immediate price trend is down. It is currently in the strong WLY S-R area. If it cracks this, price will fall further.

Price has fallen following the descending triangle pattern and is following the trend.

Indicators Used:

Trend lines at different timeframes.

Support - Resistance levels at different timeframes.

Gann Box to determine possible short term trend changes for intraday trades.

Disclaimer: This is shared as an idea and not a recommendation. It is a guesstimate of price movement along the trend. Please use this for your further analysis and based on your own analysis and risk management initiate trades accordingly. I'm posting this as a means to further improve my knowledge and receive further knowledge from others.
Trade active: As long as there is no trend break out, the price may continue downward.
Price tried breaking out but has fallen down. Hence keeping the idea active.
Trade closed manually: Price has breached the trend line and closed above it successfully. The idea is thus closed.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out