NG1! trade ideas
NATURAL GAS SETUPNATURAL GAS 1D TF has given a channel breakout and retested fibonacci 0.786 level
For a move upside, Requires good volume.
NG bulish View Ng i am bulish for next few week. all level mention on chart . my view are only for learning purpose. do not advice to trade.
Natural gas 15 min Trend line Breakout trade only after rejecting the trend line or support zone
Target : 2
stop : as per your risk
natural gas trend making rounding top natural gas trend making rounding top ....indicating bearish trend in near future.....
#MCX #Natural GasPositional View. For Intraday, Trade Short on Rise considering other confirmatory tool, #PriceAction
Natural Gas Mcx Natural gas formed 3 drives Pattern. I am expecting it to touch the targets of 207 and 216 in short term.
From its Pattern low, It has already given a nice upside movement.
As long as it is above 172 , On dip Long position should be created for the targets of 206 and 216.
Note: Only trade after consulting your financial advisor. This idea is for educational Purpose only.
Is Natural Gas Ready to Complete a "Head and Shoulders"?Natural gas started to make the head and shoulders pattern on the daily timeframe. First of all, let's understand some basics about the head and shoulders pattern. Here, it's a bearish head and shoulders pattern. In this pattern, the trend starts with the uptrend and makes the left shoulder, head, and the right shoulder. And after the completion of the right shoulder, it falls by breaking the neckline.
In this chart, the trend completed the left shoulder, and the head is almost there. And then it will create the right shoulder. It will fall up to the neckline to complete the formation of the head. And the targets to reach the neckline are as following 180 - 175 - 168 .
After hitting the neckline, the next step of natural gas will be the right shoulder. As per the rules, the right shoulder can be similar to the left shoulder or, it can be at a higher level than the left shoulder. Because the left shoulder is at 203 , the trend will march again to 203 to make the right shoulder. To reach 203, natural gas will hit 180 - 190 - 200 .
And then the trend will take reversal and fall by breaking the neckline. Targets: 195 - 185 - 175 .
Elliot Wave View: NATURALGAS Looking to Extend higher NATURALGAS BULLISH SEQUENCE
Short term Elliot wave view in NATURALGAS JAN Futures, suggests that cycle from 2nd November high is unfolding as a Impulse Elliot wave structure. On the 120 minutes chart, we can see wave MCX:NATURALGASF2021 1 of this Impulse is in progress
buy sell indicator for naturalgas buy sell indicator for natural gas pobo indicator is a straightforward Indicator, which works trading view ,platform
