Expanding wedge pattern formation, similar to crude in 2008, i'm looking to short positionally for half the price... Any news developments to support these charts?
#commodities #energy #ng
Hello, natural gas futures analysis & mid-term swing trade buy: 414 targets: 485/576 stoploss: 346.
LOGIC BEHIND TRADE: Natural gas futures 1w chart has formed W pattern & given breakout of resistance (targets identified from harmonic abcd/xabcd pattern level 1.414) stoploss is taken low of resistance candle if sustains above al time high can go upto 576. ...
We 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
Intra Day Support (1) for 18/05/2021 226
Intra Day Support (2) for 18/05/2021 222.90
Intra Day Support (3)for 18/05/2021 222
Trading Range for 18/05/2021 is 232-217
Intra Day Resistance (1) for 17/05/2021 219
Intra Day Resistance (2) for 17/05/2021 217.70
Intra Day Resistance (3)for 17/05/2021 216.80
Trading Range for 17/05/2021 is 222-215
Intra Day Suppoet (1) for 13/05/2021 217.60
Intra Day Support (2) for 13/05/2021 216.50
Intra Day Support (3)for 13/05/2021 215.90
Trading Range for 13/05/2021 is 214-219
Intra Day Resistance (1) for 11/05/2021 215.60
Intra Day Resistance (2)for 11/05/2021 216.10
Intra Day Resistance (3) for 11/05/2021 216.90
Trading Range for 11/05/2021 is 219-212
Natural Gas Intraday Support - Resistance Levels and trading Range For 07/05/2021
Intra Day Resistance (1) for 07/05/2021 216.30
Intra Day Resistance (2)for 07/05/2021 217.60
Trading Range for 07/05/2021 is 221-214
natural gas long as per trade setup for swing trade stop loss current swing low.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
