Natural gas has been rallying over the last week and it has broken above some key pivot levels, in this video I discuss the key level and what the potential entry point can be for the commodity when it corrects further and the potential upside target. Coupled with the fact that this commodity is also below the long term mean prices mean that the long trade has a...
Natural gas is formed a bullish divergence and it is now bouncing up after forming selling climax on the hourly time frame. The commodity has the next resistance at 289 and that makes it at around 15 points on the upside as the target which will be the first target, there is every chance that the commodity could continue to rally a lot higher if it takes out that...
Natural Gas (MCX) : 7.50 % returns at 11.30am 24.02.2022 HOW ???
1.Trend line Breakout
2.Above SMA 200 support
3.RSI 50 Support.
4.100% PURE Price action .
5.simple setup
You know 1 lot = 1250 /-
25 rupees changed(7.50% future returns)
=25*1250= 31250/-
1 lot future returns.
commodities one after other started their bull market.
first and foremost it is gold, commodity king give the brake out, now it making all time highs.
then silver, natural gas, crude oil, zinc, aluminium you name it all are making higher highs.
these bull markets started with supply disruptions because of lockdowns.
but this will further spiral up side...
