GX1! trade ideas
Natural Gas AnalysisThis analysis is based on Breakout retest and Diversion in Price and RSI
I have seen this 1 hr of time frame whenever diversion is there after breakout a consolidation will happen
and same thing might get repeat here so small correction and then distribution will get start.
Upside is limited.
Commodity are cyclic in nature.
SL 391
Target would be below 370
Natural gas shortNatural gas short
Sell at CMP- 386
SL- 393
Target- 377, 367
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Natural gas -ve diversion visiblenatural gas showing -ve diversion in gann resistance zone 380-400
price confirmation needed... braking of 380 may bring weakness
natural gas : good breakout candidate watch out...natural gas : 309.60
trade set up :
1. buy above 318
2. keep stop loss as 292 on closing basis
3. targets 333/359+++
technical buy set up:
1. rounding bottom pattern
2. resistance breakout
3. multiple time frame analysis
4. volume
note :
this commodity index is on the verge of multiyear price breakout .
month on month volume built up is huge too.
inside the pattern it has done a trend line breakout at 290 price level with huge volume.
good bullish structure formation seen near breakout price watch out...
NATURAL GAS NATURAL GAD Trading under G4 wave method price expect upside 393 from 381.50 immediate Res-387
trading culture financial freedom Natural gas sept 6-10 performance analysis of TCFP natural gas for the period 6-10 sept
NATURAL GAS ANALYSIS natural gas very bullish some days but right now expected small retracement and forming bearish candel
CURRENCYCOM:NATURALGAS
NATURALGAS - Resistance reachedResistance reached
NATURAL GAS - Expected H&S
Resistance = 315
Support = 308.30, 304.40, 296, 287.80.
NATURALGAS1 | MCX | INDIA It's the analysis of MCX NATURAL GAS. It forms a Cup and Handle. It gave a breakout with conformation.
When it forms a cup and handle, wait for the conformation with Indicators. Also it gave good breakout from a trendline.
Comment your opinion about my analysis...
NATURALGASNatural Gas - Expecting Bearish Wolfe Wave
Resistance = 289.60
Support = 287.30, 284, 280.1, 276.
NATURAL GAS LEVELS...25.08.2021(1 hr Candle)NATURAL GAS forms sell pattern ...once break 295...it will reach 300+
NATURAL GASNatural gas has given breakout from ending diagonal pattern with good intensity of volume,
one can go long at these levels or in dips (if any) with stoploss of 283 for targets of 295, 302, 308 and 313
breakout structure
macd positive croosover
rsi scenerio
rsi divergence
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
NATURAL GAS MCX Natural gas Trading on down trend using Gi-wave 3 price Expect down from 288.80 to 286.40
