NATURAL GAS

Short NATGASUSD at CMP (2.17) T1: 2.13 T2: 2.095 SL: 2.19

On the daily time frame, a bullish divergence can be seen as well as a possible double bottom has formed.

Buy above 2.462 Sell below 2.297

Natural gas (NATGASUSD) 4H chart study - Channel

Levels on chart

Short NATGASUSD between 4.00 - 3.95 T1: 3.60 T2: 3.36 T3: 3.15 SL: 4.32

Natural gas (NATGASUSD) 4H chart study - Sym Triangle

NATGASUSD after a strong bullish move is currently at resistance. It could face a strong resistance in days to come until it breaks above $5.1

Buy NATGASUSD aftre a close above 3.52 on 4H chart. T1: 3.71 T2: 3.88 T3: 4.00 SL: 3.45 Do not take any short position if the narrow range is broken downwards as the major trend is UP. Avoid counter trend trades. IF the range is broken downwards then we will wait and watch for a fresh opportunity to go long.

Buy NATGASUSD at CMP (3.150) T1: 3.230 T2: 3.250 T3: 3.290 SL: 3.060

Natural Gas short setup

NATGASUSD day chart study

Short NATGASUSDat CMP (2.875) T1: 2.820 T2: 2.78 SL: 2.902

buy NATGASUSD AT CMP. 2.859(201.10) SL 2.706(187)CLOSING BASIS TARGET: 3.834(223)... 4.566(236) 3 MONTHS TARGET : 5.346(261) SL: 2.594(177)CLOSIN BASIS

NATGASUSD broadening wedge study

Short NATGASUSD between 2.775 - 2.765 T1: 2.715 T2: 2.670 T3: 5.635 SL: 2.793

Short NATGASUSD at CMP (2.68) T1: 2.640 T2: 2.615 SL: 2.750

NATGASUSD has been trading within a rectangle since mid Feb. We will be looking forward to take a position in the direction of the breakout. 2.72 and 2.61 could be crucial in deciding the direction of the trend in days to come Keep watching this space for latest trades in Natural Gas