natural gas for short time buy @ cmp
stop loss -4.898
target - 5.721
respect risk. trade at your own. this is for study purpose only
NGAS.F trade ideas
NATURAL GAS TESTING 5 HANDLE* XABCD 1.13
* ABCD 2.618 pattern
* 5.7 is strong resistance
* RSI extremely overbought on weekly timeframe.
💡NGAS (NAT.GAS) - Weekly Technical Analysis UpdateMidterm forecast:
4.160 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 4.160 is broken.
Technical analysis:
A trough is formed in daily chart at 3.730 on 08/19/2021, so more gains to resistance(s) 5.000 and more heights is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 75.
Take Profits:
TP1= @ 2.600
TP2= @ 2.750
TP3= @ 2.900
TP4= @ 3.000
TP5= @ 3.150
TP6= @ 3.650
TP7= @ 4.160
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Natural Gas 50% Upmove Coming ???Explosive Move Coming In Natural Gas
7 Years Long Trend Line Breakout On Monthly TF
If NG Get Close Above 4$ This July Month End
Than Buy It
Add More If Price Drops To 3.5-3.6
SL - 3.40 (Weekly Closing Basis)
Target - 6$
💡NGAS (NAT.GAS) - Weekly Technical Analysis UpdateMidterm forecast:
3.400 is major support; while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades if the Midterm level 3.400 is broken.
Technical analysis:
While the RSI support #1 at 47 is not broken, the probability of price decrease would be too low.
A trough is formed in the daily chart at 3.730 on 08/19/2021, so more gains to resistance(s) 4.650, 4.900, 5.000, and more heights are expected.
Price is above WEMA21; if a price drops more, this line can act as dynamic support against more losses.
The relative strength index ( RSI ) is 71.
Take Profits:
TP1= @ 2.600
TP2= @ 2.750
TP3= @ 2.900
TP4= @ 3000
TP5= @ 3.150
TP6= @ 3.400
TP7= @ 3.650
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Trade well, ❤️
ForecastCity English Support Team ❤️
NATURAL GAS SHORT ON MID-TERM BASISNATURAL GAS SHORT ON MID-TERM BASIS
Short@3.8 ; T3.64; SL 3.9
It appears to be a very good head and shoulder pattern breakdown.
Natural GasStrategy : Sell on rise near green price line...
Bears active below red price line....
trading levels marked and well defined...
Happy Trading.....
Like......... Share........ Follow.........
Natural GasFull on bullish...
buy at the trend lines drawn on any pull back
important levels given in the attached study below
Natural Gas trend reversal symptoms Part IIHi All, This is in continuation to our previous video on the same topic. Go though this and feel free to ask questions via the comments section. Thanks.
Natural Gas should be showing a trend reversalHey All, Please go through the video and ask me any doubts from the comments section.
NG preparing for new blast at 300-310 INR on cards be readyNG preparing for new blast at 300-310 INR on cards be ready...
View negate if 210 breaks on weekly close basis...
Ideal tgt is 300-310 but aggressive tgts for positional hold are : 350-470-540+
Natural Gas Major breakdown given Short @ every rise INR levelNatural Gas Major breakdown given Short @ every rise
INR levels to short 219-221
SL above 225
Natural Gas trading in the Zone 2.895 and 3.055.Natural Gas trading in the Zone 2.895 and 3.055.
trendline is moving up but it might break based on the either side of the breakout we can go for Long if 3.055 is broken and we can go for short if it breaks 2.895.
NATURAL GAS buy for short termNatural gas has formed up trend line pattern in 4H time frame, a proper trend reversal is confirmed.
buy @ CMP expected target is 2.878. Expected target to reach in 3 week.
BULLISH BAT in NATURAL GASOnce it reach at D, reversal can expect
The chart is self explanatory and is for educational purpose
If you agree the idea, support with like
Bullish Falling Wedge spotted Wait for the breakout to enter long for intraday only. 2:1 reward ratio.
NATURAL GAS : WYCKOFF ???????? ✔✔✔✔✔✔✔Natural Gas : Long
Wyckoff :
PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end.
SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests.
AR—automatic rally, which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR.
ST—secondary test, in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC.
