This is the time to buy NG after close of this 4H candle above 2.667. Its pure Price Action. Price retracing from high of previous swing marked by black lines and Red Diamonds. This is in no way any recommendation. Please refer to my previous analysis on NG.
Natural Gas after making three waves traced back to complete 4th wave and after completion of 4th heading towards 5th and last move of the cycle. Taking support at the red lines market with RED Diamonds. Three candles of 4 hours have formed there showing strength. But, Let these Highs get broken to confirm the completion of 4th wave and move out of the green...
If above level is broken expect next levels of 2.953, 3.02 & 3.057 but no long decision till this crucial level of 2.877 is broken. in terms of INR level of 234.9 is very crucial. If Level of 2.877 is not broken, expect retracement till 2.5 The Author uses Gann, Fibonacci and Wave Analysis along with his own unique and leading indicator, which makes analysis...
Natural Gas seen a major decline in past now Harmonics pattern...indicating (Small and Large Circle) Same pattern in Natural gas Expecting a huge rally in NG in Coming Months. Trade in Future With SL & Carry Forward can be done. :) A boost is for Appreciation and Support
Natural gas form traingle pattern down side expect upto trend line bottom
Natural gas seems to follow the parallel path. Currently good opportunity to go long with small stop loss if daily candle breaksdown the parallel path in day close.
Natural gas short term either possible A pattern or B pattern Objective :- A or B pattern possibility 1. Resistance and support trendline given. 2. If Resistance respect by NG than we can see B pattern bearish Side. 3. If Resistance break by Ng than we can see A Bullish pattern. Chances - 75/80% we can see A pattern.
NG has broken decisively from the triangle on the bottom. It looks like it has bottomed and starting the bullish impulse. Have entered with small position. Will add on pullback.
Natural Gas has broken out from the head and shoulder reversal pattern on the hourly timeframe. On the daily as well it seems to be forming a reversal pattern and hence the longs have a good chance of succeeding in this environment. Moreover it looks like the previous move was more of a correction rather than an impulse move down. Stops below the right shoulder...
Hello Friends, Here we had shared some major points and characteristics of Zigzag Correction pattern of Elliott waves. Also we had shared real example chart study of zigzag pattern as a case study of NaturalGas, in which their are some principles and guidelines, which are perfectly going through in chart of NaturalGas. Principles and Guidelines of Zigzag...
Potential ascending triangle being formed in the commodity. Given the long time on the hourly charts this can take the commodity to the previous months highs. Worth going long with the stops just below the nearest low.
Natural gas has formed a reversal pattern on the hourly charts and is now breaking out above the resistance level which can set the stage for a sharp rally in the commodity.
Natural gas is trading above resistance levels and using the key levels we can say that the longs now with the stops below the key pivot level of 2.3000 will work out well. Target can be around 2.4300 for today as that is the next resistance level which has held earlier as well.
Natural Gas , based on the Head and shoulder pattern, still it will go down bottom target level
Symbol: Natural gas Time frame : 15 minutes Analysis: Breakout of the support line. Natural gas downtrend movement potential. Sell at 2.350 with stop loss 2.380 and we can expect the target up to 2.280. HOPE our analysis is adding value to your Trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT...
Natural gas has 5 wave rise now it should hold 2.35 levels if its starting series of impulse. Trade idea would be wait for positive day close & long with swing low Stop Loss.
NATGAS is looking bullish the H4, with the upward momentum line holding, possible long on this H4 DZ zone
After retest big green engulfing candle and next candle break previous candle then enter in trade and previous candle low this is your stoploss