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...
Natural Gas at Support Level. Buy and keep for long term
In our previous article, we discussed impulsive wave C and its continuation. On 20 January 2023 , Price achieved our all given targets. Click here - ----------------------------------------------------- Timeframe : MCX Natural gas has accomplished the corrective wave B and started falling for impulsive wave C. Price has given a reversal from previous wave C,...
A new impulsive structure has emerged from the low of 265.5 in natural gas. Price has accomplished wave (5) and started the zigzag correction at 801. Currently, Natural gas is forming sub-wave 5 of impulsive wave C. Natural gas has also broken down 200 EMA and the base channel of 2 – 4 wave, which signals bearish momentum. It has faced strong support of ...
its corrective wave now a is going to complete around 250 and then it heading toward B around 500 in upcoming months and then C but c is lesser than B so this summer Ng touch 150
Natural gas has completed the impulsive cycle at 801 and started collapsing to form the corrective process. In this corrective cycle, the price has accomplished the corrective wave B and started constructing wave C of normal zigzag correction. There are two reversal points for natural gas: 1) Wave C can occur near wave (4) 2) wave C can accomplish its...
NG FUt Daily Analysis - Positional/Swing Trade Buy @ 300- 271 range Target 336- 360- 400-440-480-520-560-600+ SL below 270 if a long red candle closes below 270
swing long idea in demand trend is down good rr available
Investing in Natural Gas as it is approaching the Mean line again. This is an aggressive bet and does not constitute stop loss like last time as shared in Because the trade has not triggered buy in the laws of price action at all. Note - 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...
natural gas can move either side as per price action. if rejection faced by trendline can test 220 levels if gives breakout can test 237-240 levels
Natural gas is posed to join the downward channel from highs. With a breakdowndown of H&S pattern, the NG can plunge to almost level of 220, which should act as strong support to take back the price to 500 levels. Buy above 375 if it breaks. Sell below 375 level for one and only target 220. Next only Buy level is 220.
Note: 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 -...
this is one of my older chart still believes in levels if price reaches below level updated chart will follow
expecting that in the coming days we will see 314++ in NG place SL below 225 let's see if it works...
Note: 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 -...
The chart seems to suggest that there would be a potential breakout from the current position. Best would be to wait for a confirmation at the close of the 4 hr timeframe.
Note: 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 -...
Natural Gas Reversal at 300 levels Downtrend Reversal observed Near 20 and 50 EMA crossover Resistance level - 318, 350, 400 Final Target of 400 SL - 300 This chart is only for educational purpose