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...
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$
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
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 Suppoet (1) for 13/05/2021 218.40
Intra Day Support (2) for 13/05/2021 218
Intra Day Support (3)for 13/05/2021 217.40
Trading Range for 14/05/2021 is 215-221
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 Intra Day Technical Levels for 10/05/2021
Intra Day Support (1) 216.90
Intra Day Support (2) 216.10
Intra Day Support (3) 215.60
Intra Day trading range for 10/05/2021 220-212
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
Intra Day Support for 06/05/2021 217.80
Intra Day Resistance (1) for 06/05/2021 218.70
Intra Day Resistance (2)for 06/05/2021 219.20
Trading Range for 06/05/2021 is 222-215
Intra day Trading Range 223 - 217 for 05/05/2021
Intra Day Resistance (1) 219.60 for 05/05/2021
Intraday Resistance (2) 220.40 for 05/05/2021
Intra day Support (1) 218.90 for 05/05/2021
Price as discussed ( check related ideas) took support from the trend line and reached the resistance level 2.800 once again, expecting the price consolidate here and break this resistance levels to reach 2.900 levels which is the actual target for this pattern -> Flat top falling bottom.
Looking into higher time frames it is cleat that Price formed Flat Top and falling bottom pattern and currently it is moving towards the resistance levels that is the Flat top 2.900 levels.
At present price is forming a triangle pattern and it is rejecting and taking support exactly on the lines.
Wait for the price to reach the trend line and get into the...
