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...
Natural 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...
Naturalgas sell Risk:reward =2.5 TImeframe 15 min. Breakout happened downside and expected target is 2.415
TimeFrame 4 Hours The price is taking support at the trend line. So we can buy at 2.6, SL 2.5 Target 3.387 HOPE our analysis is adding value to your Stock market trading Journey. If yes, Hit like button or boost our ideas. Thank you. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be...
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.
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. (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...
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. (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...
NATURAL GAS FUTURES An ascending triangle is a technical analysis chart pattern that occurs when the price of an asset fluctuates between a horizontal upper trendline and an upward-sloping lower trendline.
NATURAL GAS GOOD SELL SETUP .. Wait for candle close in black line .. watch it ..
NATURAL GAS is now trading near 6.3 level which has acted as a strong support multiple times. The support has been highlighted in the Image in red circles. If NG makes a rejection from 6.370 level and then gives a close above 6.840 we can initiate a BUY/LONG position with FIRST TARGET as 7.190, SECOND TARGET as 8.090 and THIRD TARGET as 9.630. STOPLOSS can be kept...
Plot the the levels in your chart. Draw fib level from support and resistance . Please refer chart for fib level. Fib level range should be 9 am to 11:30 PM. If price crosses fib trendline(Dash line) will consider as upside break out. If price reject from there will consider to fall below. if one support or resistance line broken maximum target will be 1.272 or...
NATURALGAS has almost completed wave B of wave 2, possibly next wave C is ready to start unfolding soon, which can be confirmed by breaking support trendline, which could be aa good trigger point, Once it breaks support trendline then it can slide towards south directions near $ 7.500 zones, where wave C can complete equality with wave A. Negative divergence in...
Natural Gas go hand in hand both in international market as well as Indian market. Here we present natural gas Elliott Wave Analysis. It is showing a 5 wave decline as wave A and again will go up for a three wave B, then again come down in a C wave. You can correlate this chart with MCX Natural gas. Both are the same. Hope it will enlighten your commodity...
Explosive Move Coming In Natural Gas 7 Years Long Trend Line Breakout On Monthly TF If NG Get Close Above 4$ This July Month End Than Buy It Add More If Price Drops To 3.5-3.6 SL - 3.40 (Weekly Closing Basis) Target - 6$
Natural Gas facing resistance and its downtrend for short period
Natural gas is out from the supply zone. If it doesn't come down to the supply area, a solid uptrend is waiting ahead. We may see crude oil prices at 280 - 300 - 320+ in the upcoming months.
Buy Natural Gas Closing Price - 238.9 Buy 1 Lot At Cmp Add Another Lot If Price Drop To 230-232 Strict SL - 219.7 (Day Closing Basis) Target 1 - 278-280
Intraday Support (1) For 20/05/2021 218.20 Intraday Support (2) For 20/05/2021 217 Intraday trading range For 20/05/2021 214-222