Natural Gas buy on DipNatural gas has retraced to a good level as per Fibo retracement can be bought at current level for a good 5-15 % move.
#fibonachi
Natural Gas
Natural Gas Possible Bullish trade towards 3.1.Natural Gas took support from Change in Polarity line and now moving towards 3.1.
Natural gas reversal zones (Ignore earlier chart posted today)Please ignore earlier chart posted.
Note: 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 will reach 2.2 before rallying upsideNaturalGAS will reach 2.2 before rallying upside.
IN 4 hour chart, the breakdown happened on the downside and we can expect a target of 2.2 before rallying up side .
Natural gas reversal zonesNG consolidate in this zone more than 2 weeks, it should break this zone will tell the down trend end or not.
Note: 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 Buy : Target 2.8THere is a change in volume . Buyers pressure is more. golden cross happened i 30 minutes. so we can expect a target 2.8
CURRENCYCOM:NATURALGAS
Naturalgas SHort: Breakdown happened in 30 minutes chart. Naturalgas SHort: Breakdown happened in 30 minutes chart.
Target expected to be 2.28 /2.15
NG1!2.198 at Level 1, 1.522 at Level 2.
Natural GAS still little fall can be excepted before to big move, very less chance to recover in this February month contracts, all call options may become zero again like December and January CALL options. So, the March futures contract is the best choice for long-term holdings.
Natural Gas Elliott Wave CountNG can bottom around 3.55 (Wave 4 low)-3.27 (78% fall of previous impulse)
Is 220 coming in Natural Gas???Natural gas is posed to join the downward channel from highs. With a breakdowndown of H&S pattern, the NG can plunge to almost level of 220, which should act as strong support to take back the price to 500 levels.
Buy above 375 if it breaks. Sell below 375 level for one and only target 220.
Next only Buy level is 220.
Natural gas reversal zones 27-1-2023Note: 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
XNGUSD, Bullish MomentXNGUSD, Taken Support in D1 time Frame, Now, bullish moment is possible and seems very from this point.
Natural Gas - long opportunityThe chart seems to suggest that there would be a potential breakout from the current position.
Best would be to wait for a confirmation at the close of the 4 hr timeframe.
EWT – Is Natural Gas Prepared for a Reversal?In our previous article, we discussed impulsive wave C and its continuation. On 20 January 2023 , Price achieved our all given targets.
Click here -
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Timeframe :
MCX Natural gas has accomplished the corrective wave B and started falling for impulsive wave C. Price has given a reversal from previous wave C, but it is no conclusive evidence that it has completed wave c.
When it comes to confirmation, Traders should watch the level of 313 . If the price breaks out the 313 , it will enter into the parallel channel. Traders can buy for the following targets: 321 – 340 – 366 .
Don’t forget prices are moving outside the channel, which is a negative point for bull traders. Bearish continuation is possible if the price sustains below wave (4).
I will update further information soon.
Naturalgas reversal zones - 23-1-2023Note: 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 GasNatural Gas
Reversal at 300 levels
Downtrend Reversal observed
Near 20 and 50 EMA crossover
Resistance level - 318, 350, 400
Final Target of 400
SL - 300
This chart is only for educational purpose
Natural GasNatural Gas
The Symmetrical Triangle Pattern
Price range is 43 points for pattern either side.
Resistance is 307.70.
Upside target is 350.70.
Support is 295.30.
Downside target is 252.30.
Naturalgas reversal zones 18-1-2023Note: 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 ). 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
XNGUSD ( Upside) Bullish moment is possible in long term.XNGUSD is making Falling Wedge Pattern as shown in the figure. Its in a Day chart and respecting trendlines completely. A very strong support point at the downside in daily and weekly chart patterns.
1) Day chart is making Falling Wedge Pattern
2) More than 56% downfall from the Top.
3) Respecting Trendlines completely.
4) Defiantly, it will take time to recover this big fall.
5) Bullish moment is strongly recommended from this point now.
Take Small Small lots in the upside directions.
Happy pongal to all Please follow the previous charts shared on 10-1-2023 for today. #Nifty same, #Banknifty same, #naturalgas same, #crudeoil also same chart
XNGUSD ANALYSISTHE NEXT LEVEL MUST BE ON UPSIDE. AS ITS DOWN MORE THAN 56% in last couple of month. So, Market must be bullish. 56-60 % down fall is very big Moment. As its takes support at given diagram 2 times. Buyers are very bullish from that particular point. It will come again at 10 dollars in mid of 2023.
1) In 4hr chart pattern hammer is at down side. ( this hammer does not have upper wick.)
2) 1 1hr chart hammer and dozi candle is there. Its giving reversal Sign.
3) In Monthly Candle, It made Marubuzu candle and at very strong support.
NATURAL GASNatural Gas.
Bullish Butterfly Expected.
Resistance 303.90.
Support 292, 286, 280, 275.
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