BEARISHNESS IN NATURALGASNatural gas is looking weaker and can make a new days low soon with the first target of 168
Natural
Natural Gas AnalysisI am expecting Natural Gas to touch 300 in next couple of months. And if 300 breakout happen, it may reach 400.
(Pure Price Action Analysis)
Natural gas elliot wave analysisElonged zig zag correction pattern complete down side and wave c internal wave 2or 4 trendline break
Natural gas intraday & short swing natural gas is breaking trendline short swing. this is only for study purpose.
Cup and Handle pattern right after floor is consolidated? Because of the gas supply problem europes going to face, I doubt it will keep going down, there's only up, how fast it goes up depends on the gravity of the Russian invasion or if it drags on until next fall.
Change in the downward tendency, with big volumen especialy during handle dip.
my projection is 170 USD by september.
Natural GasWe have nice EQL in natural gas below that we have H1 Demand zone, though i have buy bias at H1 demand zone, we also have GAP below that demand zone which is need to be considered.
Look for LTF BOS before taking trade
NATURAL GAS TIME TO WATCH SELL OR BUY?
Natural gas forming head and shoulder pattern in daily timeframe. Daily trendline,demand zone,neckline coincide. so time to watch reversal candle or strong selling volume candle.if fresh selling we wait pullback to neckline
NG-Seems a shorting opportunityNatural Gas shorting around CMP
SL above today opening.
TGT near trendline around 3 points - will update if needed
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
Natural Gas ShortEntry: around CMP(198.8) - I will add one more lot at 199.1-199.2
SL: 200
TGT: 195.5
HCL Tech IT companies which have been giving an amazing rally for about past three - four months have been getting a correction. Most probably there could a gap down opening because rupee is getting weaker that is something bad for the company. Watch out the levels.
Natural Gas expect the upside momentum to continueNG proces have been consolidating @ the 23.6 fib retracement levels, any stock during an uptrend dont tend to retrace more than 50% . We are expecting NG to move upside and probably break previous or might atleast make a double top...
Natural Gas (NATGASUSD) weekly chart study - Major resistanceNATGASUSD 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
