NATURAL GAS- SUPPORT ZONE FOR BUYING PRESSUREThe NATURAL GAS price will likely make his support between 1.05-1.15, there is no BUY to be done until this area.
Note also that the latest time the price reached the 1.05 was in 1992.
TFM1! trade ideas
Short Natural Gas around 3.290-3.30 tgt 3.200/3.10/2.90huge fall expected in NG Day chart . so , Short Natural Gas around 3.290-3.30 tgt 3.200/3.10/2.90
SHORT NG in Horizontal Broadening Wedge or megaphone on daily chUsually Ascending megaphones has downward breakouts, while descending has upward. Horizontal is rare case, this usually turn in to continuation of trend. First wave entering in to pattern is downward. So we can hope the price to go downward after breakout from the pattern.
buy natural gas @ 2.620 sl 2.50 tgt 2.70/2.80/2.90chart says long position in natural gas tgt for 2.90
NG -- About to kiss neckline of Head & shoulder patternAs we all know , NG is trading in H & S pattern from so many days. Now final shoulders downward moving wave is about to kiss the neckline of H & S. You can experience huge selling pressure in price movement. Since last 5 trading days , traders use each & every upward move to short. So price will surely touch neckline. We all should cautious, when price will prevail around neckline because H &S pattern has bad habit to come above neckline for little time and force the bears to cover the short. After that price gives real downward breakout. For example see yesterday silver H & S breakout. Price came up, above the neckline and after some hours again tumbled down heavily.
NGAS ON SHORT-Nice place to enter short on ngas after neck line of HS broken
-more over major trendline is broken and flag formations also going on
dont miss this trade
-Trade with care and safe
Natural Gas- Moving into the control of BullsNatural Gas has formed a triple bottom near the 2.55 $ mark and is poised to move higher in the coming weeks. Stop at 2.55 and targets are 3.30 to 3.5 zone.
Natural GasThe down move is looking exhausted.
Look for good long setups on lower time-frames, with strict stoploss
Natural Gas Bullish Harmonic Pattern completedPrices are close to PRZ (potential reversal zone) as per harmonic pattern analysis.
Natural GasStill has upward bias in longer time frames.
just looking for good buy setups on D/240 min charts
NATURAL GAS weekly chart are we going for pullbackNatural gas after giving a Evening star reversal in weekly from a supply zone give a structure break in daily. so we can expect a pullback to test the supply zone again at 3.573 if any rejection comes can expect 2.644/2.15 in NG.
Intraday Levels Natural Gas 13 01 2017Levels are Updated
Each Level act as Resistance and Support and vice versa..
Natural Gas - That's ScaryLast week's price action was shaky and scary.
But i am still holding on to my bullish opinion.
Looking for Buy setups in smaller Timeframes
Natural GasAfter the successful retest, no harm in getting bullish Natural Gas.
Seasonal tendencies are Favourable during this time.
BUT one thing that is concerning me is Commercials getting Bearish.
But that can happen and its OK.
Still my advice is to keep a strict stop loss and TRAIL it.
Natural Gas Cooling Off ??In Continuation with my Last weeks commentary,
I am patiently waiting the test of the Breakout AREA.
However keep in mind, The intensity and structure of the test will be very crucial before taking a decision to go Long.
But Seasonal s and Technical s Favour LONGS.
Happy Trading NG!!!
