natural gas move and levels of buy sellMCX:NATURALGAS1! ng is moving along with parallel channel currently near important buy level if breaks out of channel and sustains above fresh sell zone then ng can change direction once again.
TFU1! trade ideas
Channel Break Out in NatGasNatural Gas is seen moving inside of a channel with upward slope and I also notice a downward sloping resistance trend line, from where the price is seen taking resistance.
Looking to short if price breaks down the channel for a target of 200.
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Natural gas🌟 buy above 224.50 stop 222 👇👇Tgt1 226
Tgt2 228
Tgt3- 230
Risky 232
Intraday wise shows updrend start
Above only 224.50
natural gas risky buyy mode 218.80 stop 212 tgt 223.50 next 232natural gas risky buy mode from here 218.80 stop 212 target 223.50 next 232
its only my view.. educational purpose only.. own research and trade
Natural Gas Looks good Positive divergence is seen on Natural gas.
Expecting a good upside move in Natural gas
Support 200
Resistance near 220
natural gas move predictionMCX:NATURALGAS1! move based on trendlline + support area on 45 min timeframe,
NG is currently facing rejection from 4 hr tf resistance level and moving towards trendline
Natural Gas- Live How to play Gaps
Gaps play a role of very heavy support or resistance. Please check the gap marked on the chart.
How they Act:
1. If they are naked i.e. no candle has been formed you in front of them. They are very strong.
2. If gaps have been filled up, means candles have been formed in front of them, then more the candles formed in front of them, weaker they become.
Now let us understand with example: Say price last day was 200 and next day it opens at 205 leaving the gap unfilled price progresses further up leaving the gap unaddressed. Usually it happen when there is strong momentum specifically when it is the third wave price usually leaves the gaps.
Now, there could be some person waiting to buy at the last days price but price has gone up without giving them the opportunity to buy. So, they may wait for price to come back to that level and buy. That is why it works as a strong support. Reverse is also true in the case of downward movement.
Smart traders earn a lot of money due to these gaps. Please check and mark the gaps as the first thing while analyzing a chart. They give money more that any thing else. Now check this gap live on the chart of Natural Gas.
Thank you.
Natural Gas - Likely to blast above 233 and 237
The analysis has been beautifully done and can be understood easily.
Please trade with proper indicators and in consultation with your financial advisor. Next nearest target 243.
Please refer to my previous analysis on NG. Link Provided.
possible flag breakout in natural gas Pretty simple chart which shows the flag pattern being formed in the natural gas. It is just breaking out. Looks like there is a lot more to come in this commodity. This is also after forming an inclined head and shoulder reversal on the hourly timeframe. Makes it a high probability setup to trade.
Very good break 0ut with big volume and range siftLast time we talk about that when ng cross 225 levels closing based,
It's now buy on dips counter
Now range is 225 to 250/60
Stoploss 222 clb
Natural Gas - Live Market Analysis Buy only when the swing high of previous in the daily chart is broken decisively. Please refer to my previous ideas on NG. Link provided.
For intraday buy @ 202 sell @ 222Nothing else completely sideways, strong buy only above crossing with huge volume@225
Strong sell below 200 clb
Natural gas🌟🤩 buy 210 stop 202 tgt1 215 tgt2 224Natural gas strong upside from here 210 to 214 next 224++.. bullish
[MCX] Natural Gas Swing 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.
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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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Natural gas 🌟buy 207.80 stop 204 tgt 210 next 211.50..214.80Natural gas btstmode strong upside from here ..tgts 210...211.80...214.80
Buy on every dips natural gas⛽Look this charts, support visible@ 202 @ 194 if you invest for 6 months this commodity make for you very good return s, my stoploss is 180 I'm slowly slowly build my position in long sides
Falling wedge in Natural Gas Sep FUTKey Observation - Natural gas is constructing a Falling wedge pattern
take aways - Natural gas price may bounce soon if it break resistance line of falling wedge
it can reach 232 - 250 if trends follow the breakout.
Natural Gas looks buy for 5-6% upmove in next few daysNatural Gas looks buy for 5-6% upmove in next few days
LTP - 220
SL - 215
Targets - 232 - 235
Natural Gas - Black Line level is crucial INR 208.3
one picture says more than 100 words. Please refer to my previous posts, to have a complete explanation. I am giving underneath the links.
Likely reversal after 25th i.e. the next contract date.
Happy to share. Let's grow together.
Natural Gas Bullish Countnatural Gas may have started a bull move while completing a set of 1 2 1 2 1 2.. most fierce move should start soon..
Stop loss near 204 levels
for target of 242 260 289
NATURALGASHi, in this chart i drew a good Deamand and Supply level for Short and Long Positions in NATURALGAS...please Observe this levels and Analysis your own... Don't Take any orders Based on this Chart because this is just Observation purpose only.
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
