republishing herewith natural gas weekly idea in day time frame here i was slightly wrong, but always give range and important lines, so price followed the price lines
resisting from a 30 min resistance , expected to make a higherlow and then continue to the upside
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
Levels: Support: 200, 175, 150, 120 Resistance: 212, 250 OI Data (24rd March Expiry): Nearest Major Resistance per OI data: 220 Nearest Major Support per IO data: 200 Trade setup: +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 | T2 ----------------------------------------- BUY | > 220 | 200 | 235|...
natural gas sell in 15 min on 10 mar 2023 both target is completed
Crossover of trend line marked in circle. When ? - On 1 hr time frame - 1400 - 1500 hrs, on 15 mins time frame 1415 -1430 hrs IST This may change the trend. The trend will follow the 1 hr candle. Opportunity for momentum trading Cross over of trendlines - Trendline on Daily Time frame will intersect with trendline on hourly time frame
Ascending triangle & Bearish Flag pattern Breakdown. Signalling weakness to continue. Given the Length of Pole & continuous correction past few months, the next downward move can extend to 140-110 zone. This can be the last leg of selling hence expecting a fierce move downwards.
Publishing herewith my idea about natural gas for next week using weekly time frame
Please Read my commentary on Chart Natural Gas - With Bullish COT repots, NG has now the potential to touch 4.4 in coming weeks and months. I will be looking for "Buying Opportunities" on 240/60 Mins TF If Daily closes above 3.1 (On Friday, it just missed that) it will give additional strength to this view
Re-publishing my idea dtd. 25.02.2023, after touching monthly inside candle price made a good recovery also able to touch the green line if u hv gone through my educational idea " Scenarios when a price makes a big and fast upward moves", i cited this movement of natural gas as an example
Natural gas forming ab=cd harmonic pattern with shark harmonic pattern . that pattern indicate =BUY natural gas between 221-19 add more 195.9 two days closing 168 below target 403-574-801 we kept two days closing stop loss just bcoz of weekly time frame.. above 247 closing will take sharp move for 300-403 around 403 should partial booking can consolidated or...
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. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles). (Color code for Support & Resistance zones: Red - Sell, Green -...
Natural gas has retraced to a good level as per Fibo retracement can be bought at current level for a good 5-15 % move. #fibonachi
publishing herewith my idea about natural gas using day time frame , price reached a monthly level, if able to maintain it positive, if still continues with momentum , refer levels
Buy NG at cmp sl 196 target 233-248-264 Disc : It's not an investment advise to buy or sell
Price has formed a bullish engulfing candlestick pattern after a prolonged bearish move. RSI has formed a positive divergence and is now above 30. MACD had earlier formed a bullish crossover and is moving consistently above its signal line. Futures data of MCX show a long build-up. A long trade can be taken in MCX futures in between 197-204. Our study indicates...
mcx ng bull engulf pattern it will rockks soon 248--70 so buy on dips with 197 cls base sl or solid sl 163 blw yess weekly chart pattern may push uper side
Levels: Support: 200, 190, 175, 150, 120 Resistance: 220, 235, 250 OI Data (24rd March Expiry): Nearest Major Resistance per OI data: 220 Nearest Major Support per IO data: 200 Trade setup: 1. In the chart, clearly marked which is the No-Trade, which is the BUY and which is the Sell zone. +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 ...