Natural gas forming head and shoulderShort naturak gas on brkout..taget given..out SL according to u
TFM1! trade ideas
Natural Gas intrady tradeThe current support for Natural gas is 162.7. If the candel breaks the 162.7 and open new candel below that then it may go down few points.
sell range (162.6-162) Note: only when the candel opens below 162.7
stoploss (164-165)
Target (160-159)
Note: The Target which i Given is based on pivot and previous support & Resistance
This is only for educational purpose only
(Tradeing is Probability)
Natural Gas breakdownThis is How it looks now ...From 9 september to 18 th ....Almost 35 points fall .
natural gas trend reversal divergencenatural gas has been exausted finally and rsi showing quite strength ...if rsi cross above 40 then surwly go for long
Naturalgas sep Fut Open above 164.5 will take to 174-176.5 down side support seen 166.3 if breaks this next S/R is 160-155
Long Natural gas I am long Natural gas since 169.5 and bought on every dip. Super capture by our Algo today
1st target is 173
2nd target is 175
SL 167.5
Natural Gas SHORT It's quite a shorting phase going on for Natural gas. We need to sell the rally for NG with no clear uptick in demand in near future, supplies remain considerably high. Great intraday moves by natural gas
MCX:NATURALGAS1! Intraday/Short TermIn downtrend.
Bounce only if it starts to stay above 171.5
Untill then use Pitchfork for future support and resistance.
Natural Gas breakdownAfter Following the uptrend for few months .Now a Breakdown of trendline ..
For support it would go on for few more Days . As the International market sides shows .
