natural gas weekendrepublishing herewith natural gas idea, weekend followup using day time frame
dashed white line (lowest )is the low of monthly inside candle
TFN1! trade ideas
NATURAL GAS analysis chart is in downtrend, so my view is bearish, entry and exits are mentioned on chart.
Natural gas reversal zones 29-3-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #NG, #Naturalgas
NG hourly ..NG on hourly timeframe giving bearish signal ...it seems to bee a rising wedge breakdown
[MCX] Natural Gas Mean ReversionNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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NG (MCX): Week of - 20/03/2023Levels:
Support: 195, 180. 173, 163, 150
Resistance: 200-205, 210, 215, 220
OI Data (24rd March Expiry):
Nearest Major Resistance per OI data: 220
Nearest Major Support per IO data: 180
Trade setup:
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 210 | 210 | 220 | 235
-----------------------------------------
SELL | < 190 | 200 | 180 | 165
+++++++++++++++++++++++++++++++++++++++++
natural gasrepublishing herewith natural gas weekly idea in day time frame
here i was slightly wrong, but always give range and important lines, so price followed the price lines
Short on NATURAL GASresisting from a 30 min resistance , expected to make a higherlow and then continue to the upside
[MCX] Natural Gas Assumptive Support BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
=======
Natural Gas (MCX): Week of 13/12/2022Levels:
Support: 200, 175, 150, 120
Resistance: 212, 250
OI Data (24rd March Expiry):
Nearest Major Resistance per OI data: 220
Nearest Major Support per IO data: 200
Trade setup:
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 220 | 200 | 235| 250
-----------------------------------------
SELL | < 190 | 210 | 170 |150
+++++++++++++++++++++++++++++++++++++++++
natural gas sell in 15 min on 10 mar 2023natural gas sell in 15 min on 10 mar 2023 both target is completed
Natural Gas MCX- Cross over at around 1430 hrs IST on 9th March
Crossover of trend line marked in circle.
When ? - On 1 hr time frame - 1400 - 1500 hrs, on 15 mins time frame 1415 -1430 hrs IST
This may change the trend. The trend will follow the 1 hr candle. Opportunity for momentum trading
Cross over of trendlines - Trendline on Daily Time frame will intersect with trendline on hourly time frame
Naural Gas - Bear Flag/Ascending Triangle BreakdownAscending triangle & Bearish Flag pattern Breakdown.
Signalling weakness to continue.
Given the Length of Pole & continuous correction past few months, the next downward move can extend to 140-110 zone.
This can be the last leg of selling hence expecting a fierce move downwards.
Natural gas next week,06.03.2023Publishing herewith my idea about natural gas for next week using weekly time frame
NG - Bullish NowPlease Read my commentary on Chart
Natural Gas - With Bullish COT repots, NG has now the potential to touch 4.4 in coming weeks and months. I will be looking for "Buying Opportunities" on 240/60 Mins TF
If Daily closes above 3.1 (On Friday, it just missed that) it will give additional strength to this view
natural gas weekendRe-publishing my idea dtd. 25.02.2023, after touching monthly inside candle price made a good recovery also able to touch the green line
if u hv gone through my educational idea " Scenarios when a price makes a big and fast upward moves", i cited this movement of natural gas as an example
natural gas (ng) mcx ab=cd with shark harmonic pattern Natural gas forming ab=cd harmonic pattern with shark harmonic pattern .
that pattern indicate =BUY natural gas between 221-19 add more 195.9 two days closing 168 below target 403-574-801
we kept two days closing stop loss just bcoz of weekly time frame..
above 247 closing will take sharp move for 300-403
around 403 should partial booking can consolidated or reverse from there for retrecment .
2 days close above 403 is non stop target will life time high ...
if all set then should not go and close below 189
BOLO JAI GAJANAND
Natural gas reversal zones 3-3-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #NG, #Naturalgas
Natural Gas buy on DipNatural gas has retraced to a good level as per Fibo retracement can be bought at current level for a good 5-15 % move.
#fibonachi
