Summer season for NG, heading lower?A Good short setup in NG with SL of the TL. Summer seasons coming up and can see a decrease in demand for now
NGAS trade ideas
Natural Gas - How to trade
Please read the notes as mentioned on the chart and act accordingly.
Disclaimer:
I am not a Registered Analyst with any of the National/ International agency and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Let you grow. May! I follow you.
Natural Gas - How to trade today
Please read the notes as mentioned on the chart and act accordingly.
Disclaimer:
I am not a Registered Analyst with any of the National/ International agency and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Let you grow. May! I follow you.
Natural Gas - How to trade on Monday
1. Resistance got created on 29th February 2024. One way to trade is to wait and let it go past high of 2029, but this will make intermediate opportunities lost. That is where the returns are multiplied manifold by the smart money. If we have multiply then we have to follow their steps and do it accordingly. For that, please read the notes as mentioned on the chart and act accordingly.
2. Candle of 11:30 A.M. on Monday will decide the future trend.
Disclaimer:
I am not a Registered Analyst with any National/International agency and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Let you grow. May! I follow you.
Natural Gas - How to trade today
Please read the notes as mentioned on the chart and act accordingly.
Disclaimer:
I am not a SEBI Registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Let you grow. May! I follow you.
XNGUSD || Update 28 Feb
Time Frame: 1 Hour
Anticipating a significant breakout of 7% above 1.852. 📈
European natural gas futures rise to around $24.5 per MWh, showing a potential rebound from May 2021 lows.
Mild temperatures until mid-March reduce gas withdrawal rates, maintaining high reserves at 63.8% capacity in Europe.
Lower gas prices may increase demand from Asia, especially impacting LNG supplies.
Potential unexpected outages in Norway pose a risk to market stability despite steady gas flows to Europe.
S
Natural Gas - Live Market update
Please read the notes on the chart and act accordingly. Watch candle of 10.30 a.m. today and buy only above high of that candle or sell below it,
Please stay connected.
Disclaimer:
I am not a SEBI Registered Analyst and it is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas - Game of patience
Please read the notes as mentioned on the chart and act accordingly.
Please stay connected.
Disclaimer:
I am not a Registered Analyst with any of the National/ International Agency and it is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas - How support moves up?
In continuation of today's post on HDFC Bank, I have tried to show here that support is moving up but, still it is below resistance, then when will it happen? that remains unanswered. Wait for another post.
Please stay connected.
Disclaimer:
I am not a SEBI Registered Analyst and it is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas - update
Please read the notes on the chart and act accordingly.
Disclaimer: It is only for educational purposes and I will not be responsible for any of your profits and losses. Please consult your financial advisor before making any decision.
Natural Gas - update
Natural Gas making higher highs. Today's time candles have been provided on the chart. Out of these 2-22-24 12:41 PM (this candle is pivotal). Buy above high of this else sell.
Note: I am not a registered analyst with any of the national/international regulatory agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses.
Let you grow. May! I follow you.
Natural Gas - bullish Live Market Analysis
Plotted is my indicator Rekhi144 and it is showing that the resistance has also been broken and fresh support have been created in natural Gas.
Please wait for 3 more candles above support. Next time candles have been reflected on the chart also.
Disclaimer: I am not a Registered Analyst with any of the National/International agencies. Please consult your financial advisor before making any decision.
XNGUSD | Forex | NG Breakout XNGUSD || Update |Feb 21st
Timeframe: 1-hour
After a gap-up opening, Natural Gas (NG) appears to be range-bound.
Strategy: Currently, the trend suggests a move towards the resistance level at 1.861. The price action indicates a consolidation phase, and the market is poised for a potential upward movement.
Key Level: Keep a close eye on the resistance level at 1.861 as a potential target.
This analysis is based on the, providing insights into the current market dynamics for Natural Gas. No financial advise!
#XNGUSD | Naturalgas update -19 Feb
🔸Timeframe: 4 hour
🔸Strategy: Bearish then Bullish
🔸XNGUSD expected trade above1.648, if sustain above it we can see further higher.
Rejection near 1.85 - 1.8
🔸US natural gas futures hit $1.55/MMBtu, lowest since June 2020, driven by high production, 🔸storage, mild weather, and Freeport LNG's export issues.
Winter's warmth increased inventories 15.9%.
Natural Gas - How to trade on Monday
Please refer to my previous live market analysis on this commodity where recommended buy at 1.618. Plotted is my wonderful indicator Rekhi144 which shows it has made a solid base at this price and closed at around 1.65. You can vouch that it is still in bearish mode because of following reasons:
(i) There is imbalance in left and right shoulders.
(ii) price closed under 100 SMA and 200 SMA.
(iii) it will take around 5 hours on Monday for the price to come in balance.
(iv) Then at least 3 hours next for price to close above 1.618 and make right shoulder heavier than left shoulder.
Short term target 1.71.
Conclusion: For the simplicity of understanding of all of us; at 4:30 price should be above above 100 SMA with 18 SMA cutting 36 SMA from below. If this is not the situation, wait for the evening session. I will keep you posted about the same.
Disclaimer: I am not a registered analyst with any of the National/ International agency. This is only for the educational purposes. Please consult your financial advisor before making any decision. I will not be responsible of any of your profits or losses.
Let you grow, May! I follow you.
Thank you
Natural Gas - Live Market update
Natural Gas has made head and shoulder pattern. You can vouch my indicator is showing a white dot on the right most side at 1.618 it is the right shoulder. Buy and forget. Immediate target 1.8 as shown by pink line above
Disclaimer; I am not a registered analyst with any of the National/International agency/ Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses/
Natural Gas - Live Market Analysis
Please read the notes on the chart and act accordingly.
Disclaimer. I am not a Registered Analyst with any of the National/ International agency and it is only for educational purposes. Please consult your financial advisor before making any decision.
#NATURALGASNatural Gas started its impulsive wave from 22 june 2020 and complete a 5 wave stucture on 6june 2022.
After that it form a flat correction from june - October and then after form a X wave and now it continues in a zigzag correction whose A & B wave are complete.
Now it in C wave that has same corrector as a impulsive wave .
So go on short on every rise with stoploss of end of 2 nd wave (3.03)
This view is on weekly basis.
Natural Gas - Update
Buy NG above 1.7138 only.
Disclaimer
I am not a registered analyst with any National/International agency. Please consult your financial advisor before making any decision. This is only for educational purposes and I will not be responsible for any of your profits or losses.
Natural Gas - update
Please read the notes carefully on the chart and act accordingly.
Disclaimer:
I am not a registered analyst with any of the national or international regulatory authority. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses. This is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas - Live market update
1.8315 is the magical figure for Natural Gas. Please read the notes on chart as well, have patience and from here a lot of money will accrue in the commodity. It is not likely to be broken as per my view. If that is also broken then do not enter at all unless prices are retraced again above 1.8315,
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas update
Please check the gap in weekly chart marked by white arrow on the extreme left. it will act as a strong support.
Disclaimer: I am not a registered Analyst with any national or international agency. Please consult your financial advisor before making any decisioon.
Natural Gas - Update
Catch Natural Gas at the low of 52 weeks as shown by the red waves.
Next Time candles have been provided on the chart itself.
Disclaimer: I am not a registered Analyst with any of the National/ International Agency. Please consult your financial advisor before making any decision.
