Natural Gas: Positional ViewExpanding wedge pattern formation, similar to crude in 2008, i'm looking to short positionally for half the price... Any news developments to support these charts?
#commodities #energy #ng
NG1! trade ideas
Natural GasI am looking target of fibo 1.618 if traded below 449.30. 449.30 is strong support on daily.
Natural gas farming too many head & shoulders patterns 20 Dec 22There are multiples Head and Shoulder pattern seen in Natural gas in Daily and Weekly timeframe make us feel bearish below 436
NATURAL GAS FUTURESNATURAL GAS FUTURES
An ascending triangle is a technical analysis chart pattern that occurs when the price of an asset fluctuates between a horizontal upper trendline and an upward-sloping lower trendline.
NATURAL GAS WEEKLY CHART MCX:NATURALGAS1! Weekly charts forming probably head and shoulder at top and trading at right shoulder. Risk reward is very good at current levels. Macd 10,16,9 below zero line.
LONG NATURALGASNATURALGAS after a big fall in last week , has given a signal of BUY candle
TWT_SUPER_POINT has captured this point and has alerted for the same.
Natural Gas (MCX): Week of 12/12/2022Supports: 508, 490, 475
Resistance: 525-535, 550, 570
Buy opportunity above: 535, SL: 510
Sell opportunity below: 490, SL: 510
NG bullish Cypher 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.
(Color code for horizontal lines: Red - Sell, Green - Buy, Blue - targets, Black - SL). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk.
Natural Gas (MCX): Week of 05/12/2022In Hourly chart, MCX Natural Gas (NG) is showing a positive divergence. It's clear.
The price is making lows, but the RSI is making higher low. Means price will go up to follow the RSI momemtum.
Max OI for Dec'23 expiry: 550 has max Call and PUT (2.5K total - that's pretty high in NG terms).
Trade Plan:
Expecting price will bounce back from CMP upto 560. Then will again retest this 550-535 zone and may consolidate there.
Trade:
Buy zone: On breakout of 560, SL: 540, T: 600
Sell zone: On breakdown of 530, SL: 550, T: 500
M pattern I find M pattern it should be formed in short time it should be in swing trade and can be give profit according to me
Buy Natural Gas29/11/2022
Buy NaturalGas Above@599
Sl @592
Target @606-610
Option Buy ATM
for 4-6 Point
Sl 2 Point
Natural Gas Looking Bullish Above 602Natural Gas Looking Bullish Above 602 can touch 610-620-640 respectively
Buy Natural GasBuy Natural Gas
Above@590-600
Stoploss @520
Target @720
* This Position are Positional Trade..
If you are trade in natural gas , contact 7828356471,for hedging position or inventory data and analysis,...
Buy Natural GasBuy Natural Gas
Above@590-600
Stoploss @520
Target @720
* This Position are Positional Trade..
If you are trade in natural gas, contact 7828356471,for hedging position or inventory data and analysis,...
Sell Natural Gas Below @ 511 Target @ 502.50-495 Stop Loss @ 51721/11/2022 18:35
Sell Natural Gas Below @ 511
Target @ 502.50-495
Stop Loss @ 517.50
Option Trade
Buy NG520 PE @ 20.50
Target @ 23-25
Sl @ 18
NATURAL GAS 1HTechnical Analysis of Natural Gas based on harmonic pattern and on support resistance.
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis . This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
NATURAL GAS 1HTechnical Analysis of Natural Gas based on harmonic pattern and on support resistance.
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis . This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
Short term Natural Gas View as per Elliot wave analysisNatural Gas is in consolidation for a while after continuous drop. Initial price action shows flat correction ABC wave. Right now we may be in wave B.
Internal Wave count of ABC is having 3-3-3 wave structure. We are in b wave of Wave B. It is expected to be completed around 544.
Wave c of Wave B will go towards 400 as shown.
Please let me know if anyone is having different opinion with background explanation.
Natural Gas - Short term ViewHello,
This is a weekly chart of Natural Gas - on MCX.
Weekly Macd is above zero line.
Holding recent lows, cud trigger a good upside in NG in coming days/weeks.
Probable target is around 750. SL for the trade would be around 450/435.
CMP - 501.
It seems a disaster for european countries is on its way in coming weeks. if this stands true.
Natural Gas Resistance & Support LevelNatural Gas Resistance Level is 495 & 520 & crucial Support Level is 465
Natural GasNatural Gas
Going to short below 489.20(61.8%).
Stop loss 502.60(38.2%)
Targets 479.60, 467.40, 451.90, 432.20.
Naturalgas in dowtrend time cycleI think Natural gas is forming lower high formation and flat lower formation .
Time analysis is saying about down trend cycle. Major Fall expecting.
I have taken 2 time period time for time analysis.
