Natural gas change of directionNatural gaz testing that previous resistance around that general 2.900 area. Potential change of direction?
NG trade ideas
Natural Gas (NATGASUSD) weekly chart study - Major resistanceNATGASUSD after a strong bullish move is currently at resistance. It could face a strong resistance in days to come until it breaks above $5.1
NATGASUSD short setup - Triangle top reversalShort NATGASUSD between 4.00 - 3.95
T1: 3.60
T2: 3.36
T3: 3.15
SL: 4.32
Natural gas (NATGASUSD) 4H chart study - Sym TriangleNatural gas (NATGASUSD) 4H chart study - Sym Triangle
NATGASUSD buy setupBuy NATGASUSD aftre a close above 3.52 on 4H chart.
T1: 3.71
T2: 3.88
T3: 4.00
SL: 3.45
Do not take any short position if the narrow range is broken downwards as the major trend is UP. Avoid counter trend trades.
IF the range is broken downwards then we will wait and watch for a fresh opportunity to go long.
Natural Gas (NATGASUSD) buy setupBuy NATGASUSD at CMP (3.150)
T1: 3.230
T2: 3.250
T3: 3.290
SL: 3.060
buy naturalgasbuy NATGASUSD AT CMP. 2.859(201.10)
SL 2.706(187)CLOSING BASIS
TARGET: 3.834(223)... 4.566(236)
3 MONTHS TARGET : 5.346(261)
SL: 2.594(177)CLOSIN BASIS
Natural Gas short setupShort NATGASUSD between 2.775 - 2.765
T1: 2.715
T2: 2.670
T3: 5.635
SL: 2.793
