ascending triangle in natural gasPotential ascending triangle being formed in the commodity. Given the long time on the hourly charts this can take the commodity to the previous months highs. Worth going long with the stops just below the nearest low.
Natural Gas
Natural gas breaking out above the key levelNatural gas has formed a reversal pattern on the hourly charts and is now breaking out above the resistance level which can set the stage for a sharp rally in the commodity.
Bearish Gartley In Natural GasBearish Gartley In Natural Gas
Sell PRZ - 194.8/195
SL - 200.1
Target - 189/188
Natural Gas setup explained for a long trade Natural gas is trading above resistance levels and using the key levels we can say that the longs now with the stops below the key pivot level of 2.3000 will work out well. Target can be around 2.4300 for today as that is the next resistance level which has held earlier as well.
NG Getting Ready for 192 ??NG Getting Ready for 192 ??
Creating Ascending Triangle Pattern.
Also Buy Confirmation Near Channel Bottom .
Good Opportunity To Go Long Upon Confirmation
Target 192
NaturalGas downtrend Movement potential with target 2.280Symbol: Natural gas
Time frame : 15 minutes
Analysis: Breakout of the support line. Natural gas downtrend movement potential.
Sell at 2.350 with stop loss 2.380 and we can expect the target up to 2.280.
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Natural Gas - India - Buy based on Hourly ChartsNatural Gas has retraced 50% from last Hourly swing Low-High. New Upmove can take it to 248 in coming 2-3 weeks.
LTP - 197
SL - 190
Target - 148
Timeframe 2-3 Weeks
Risk Reward 1:5
Natural Gas starting up move holding 2.35Natural gas has 5 wave rise now it should hold 2.35 levels if its starting series of impulse.
Trade idea would be wait for positive day close & long with swing low Stop Loss.
NATURALGASHi guys, In this chart i Drew My Best Levels in NATURALGAS for Long position using 15min Time frames.... I found a good level here. I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Natural Gas - India - Breakout from H&S Pattern on Hourly ChartsNatural Gas - India - Breakout from H&S Pattern on Hourly Charts
LTP - 208
SL - 191
Targets - 230+
Naturalgas reversal zones 11-5-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #NG, #Naturalgas
Naturalgas DOWNTREND Movement potential
Symbol Naturalgas
Timeframe 15 min
Analysis: MACD s crossing below zero.
We can expect a target upt0 2.1, SL 2.4
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
NATURAL GAS S/R ZINES FROM 278 TO 129MCX:NATURALGAS1! NATURAL GAS is at yearly to minthly buying / support zones, can commense major trend reversal on monthly, quarerly and yearly time frame, major s/r levels till 278 targets have been marked along with s/r level till 129 if doeas go downside.
respect the zones and trade only if you know how to trade the support/resistance areas effectively.
Naturalgas downtrend movement potential with risk:reward 2.9 Naturalgas downtrend movement potential with risk:reward 2.9
Symbol:Natural gas
Time frame:15 minutes
Analysis: After breaking out from the range, the natural gas price rallied up, and now the price is again coming inside the range. So, we can expect downtrend movement of natural gas if and only if MACD value crosses below zero. SELL at 2.13 with stop loss of 2.30 and the target is 1.860 .
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
NaturalGas Possible Elliot wave counts (up than down & again up)Hello Friends, here we had shared possible Elliot wave counts of NaturalGas on weekly time frame to daily, 4hourly and hourly time frames which seems aligned with each other, so the conviction increases.
Well, on weekly time frame it seems that post impulse move, currently we are unfolding correction which is already at werge of completion, after A,B we are now in wave C, in which we had already done wave 1-2-3-4 of one lower degree, and now possibly we are unfolding wave 5th of C, and in wave 5th we had done wave i of lower degree and possibly we are unfolding wave ii of 5th of C, still wave iii, iv, and v are pending to complete wave 5th of wave C, which should not go below $ 1.529, because its an initial level of bigger degree wave ((1)) and as per wave principals, wave ((2)) should not retrace more than 100% of wave ((1)), so post completion of wave C we can assume that correction to be finish and hopefully fresh impulse up move should start towards north direction for long term.
Overall very soon we should start fresh impulse for long term along with invalidation level of $ 1.529
One can wait for dips to complete wave 5th of C of bigger wave ((2)) to grab an opportunities to find best entry to go long, so we should have to ride only in right direction because right direction is always more important and better then speed. I am not sebi registered analyst, My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Possible wave counts on weekly chart
Possible wave counts on daily chart
Possible wave counts on 4 hourly chart
Possible wave counts on hourly chart
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Natural Gas UpmoveNatural Gas Upmove
After a downmove of too long currently at a small support levels of 180. Strong Support base at 130 levels.
Expecting upmove in the near term to mid term of 265- 370 levels .
No recommendations, just my view based on the chart.
NATURALGAS UPWARD MOVEMENT POTENTIAL with RISK:REWARD 2.1Natural gas analysis what is the analysis
time frame Taken 2 hours
Upward moment potential
There is a break out from the downtrend movement and we can observe two times rejections at the trend line and a third time it's rallying upside. So, we can consider the BUY call above the candle closes with RISK:reward=2.
BUY at 2.24 wit stop loss 2.08 and the target at 2.48.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
silver entering resistance areasit is entering zone of resistance where it can feel heat and spend some time before breakout !
NATURAL GAS analysis chart is in downtrend, so my view is bearish, entry and exits are mentioned on chart.
Natural gas reversal zones 29-3-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #NG, #Naturalgas
Natural gas sure shot buy point buyStop lose 2
Target 3.1
1 jem 2 risk reward sure shot
Hi every one natural gas
NG hourly ..NG on hourly timeframe giving bearish signal ...it seems to bee a rising wedge breakdown
