Timeframe: 30 Min Analysis: The statement implies a specific condition for taking a bullish stance (expecting prices to rise) on Natural Gas. Condition: The condition is that the price of Natural Gas needs to rise above the level of 250.4. This level is crucial because, according to the analysis, a breakthrough above this point is seen as a signal for potential...
Draw the trend line lower lows and lower highs, and draw the support line ,its useful to predict the market direction early
Natural Gas 275+ Possibility in 2 Months Hourly downtrend is been broken & with Winter demand in place we can see spike in natural Gas prices. Happy Invetsing.
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Formed a spike low of 190 and reversed and forming a consolidation range Levels: Channel top is at 217 to 220 range. If crosses decisively can rally to the top resistance of around 240 which can be the hurdle and likely to reverse back to 220 again before next rally. So enter at 220 with stop in the middle of the channel for that entry and exit at 240.
Time and Price Levels have been marked on the chart. For Time Candles refer to Natural Gas Chart in Dollars and trade accordingly. Time Candle marked in green is the most important (pivotal) candle for today and will decide the future trend for today. Note : Your trading view time to be set at UTC +5:30 time setting. Still have a question? Please write to me...
🔸Timeframe: 4 hour 🔸Strategy: Long 🔸Anticipating a breakout in natural gas above 222, targeting a move to 233 within the week. 🔸October 2023 marked the 30th consecutive monthly increase in US dry natural gas production. 🔸Production levels reached 104.5 billion cubic feet per day during this period. 🔸Estimated natural gas consumption experienced a 3.3%...
Today is Gann Static Date and Natural Gas is going higher up. Dont be worried, hold your nerves and expect a level of even 289 and higher till feb 2024. Put SL at 204 at let it go. First Target 237
Natural Gas is waiting to give a huge breakout on either side , Unless the side is identified , Kindly stay put.
I am expecting Natural Gas to touch 300 in next couple of months. And if 300 breakout happen, it may reach 400. (Pure Price Action Analysis)
Natural gas broken its ascending triangle pattern and now waiting to get retest for targets of 233 .
Natural Gas has broke out After long consolidation It is Ready to Hit 234 Sl 217.80 Option 220 ce
I have marked all the important level , Green lines represent bullish ranges and Red lines represent bearish ranges. Nothing complicated , its very simple if you have a bullish view then follow bullish range and if you have a bearish view follow bearish range. Use these levels with your existing trading strategy to add good valuve to it.
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...
#NaturalGas Timeframe: 30 mins In the current market, 214 is a key resistance level, signifying potential obstacles for upward movement. Conversely, 210.1 is a crucial support level, indicating a potential bounce-back point. Observing price behavior at these levels provides insights. A breakthrough at 214 may signal upward momentum, while a drop below 210.1...
NG 4h setup, I will look for the sell-side in NG once the price taps into our sell-side POI. For more confluence look for sell-side setup in LTF once price taps into our POI.
Natural Gas ready for 40% upside in 2 months. Daily charts shows downtrend channel breakout ... bottom seems to be in place now. Happy Investing.
🔸Timeframe: 4 hour 🔸Strategy: Short Natural gas futures rose 4.8%, ending a volatile week and snapping a six-week losing streak. The market saw fluctuations around on contracts, with bulls gaining momentum. Light demand is expected until Dec. 30, and colder temperatures in early January could boost gas use. Resistance: 211.1 Support: 207.4 _____________ 🔸If...