Natural Gas Hourly chart suggest Buy for Target 225+LTP - 209
SL - 204
Targets - 225+
Timeframe - 2-3 Days
NG1! trade ideas
MCX Natural Gas – Impulsive Wave SetupA new impulsive structure has emerged from the low of 265.5 in natural gas. Price has accomplished wave (5) and started the zigzag correction at 801.
Currently, Natural gas is forming sub-wave 5 of impulsive wave C. Natural gas has also broken down 200 EMA and the base channel of 2 – 4 wave, which signals bearish momentum. It has faced strong support of 515 , but the price didn’t respect the level and ended up losing bullish momentum.
Wave C has traveled the same distance as wave A. Hence, Wave A = Wave C. If the price sustains below 516, traders can trade for the following targets: 486 – 462 – 440 .
I will update further information soon.
NATURAL Gas Daily chart Suggest upmove Natural Gas Daily Chart Suggest 10% Upside move
LTP 197
SL 188
Target 218
Timeframe -5-6 days
natural gas crucial update blwall eys on 215.50 if sustain abv or close abv thna u will see 245--260 in near terms yes buy on dips after lvl with tight sl 207
yestrday buy ng 195 hit 210 chk msgyestrday buy ng 195 hit 210 chk msg-- now if stya abv 215 than ready for zoom 230-245 soon
ng stya abv 195 buy only son 200-205ng stya abv 195 buy only son 200-205 breakout daily chart kep sl sl 190 or let see
Bearish Gartley In Natural GasBearish Gartley In Natural Gas
Sell PRZ - 194.8/195
SL - 200.1
Target - 189/188
NG Getting Ready for 192 ??NG Getting Ready for 192 ??
Creating Ascending Triangle Pattern.
Also Buy Confirmation Near Channel Bottom .
Good Opportunity To Go Long Upon Confirmation
Target 192
#Natural gasNatural gas corrected from $9.2/MMBtu to $2.2/MMBtu.
The latest EIA report showed US utilities added 75 bcf of gas into storage last week, more than market expectations of a 69 bcf increase, as mild weather kept heating demand low
Technically, now Natural gas is forming narrow wedge with some diversions seen in RSI. Despite fundamentally it is negative, diversions on weekly charts shows Natural gas can touch $3.4/MMBtu by May
#Natural gas #Cup&HolderProduction continues to fluctuate in the high 90s Bcf/d to low 100s Bcf/d as pipeline maintenance events temporarily curb gas flows
Preliminary data showed gas output fell to a three-week low of 100.8 billion cubic feet per day on Thursday.
At the same time, gas demand is expected to increase from 91.3 bcfd this week to 91.6 bcfd next week as warmer weather is making more people turn on their air conditioners.
Technically
Forming Cup & Holder formation on Daily chart breaking above 194 can take NG to 220 levels
Natural Gas - India - Buy based on Hourly ChartsNatural Gas has retraced 50% from last Hourly swing Low-High. New Upmove can take it to 248 in coming 2-3 weeks.
LTP - 197
SL - 190
Target - 148
Timeframe 2-3 Weeks
Risk Reward 1:5
NATURALGASHi guys, In this chart i Drew My Best Levels in NATURALGAS for Long position using 15min Time frames.... I found a good level here. I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Natural Gas - India - Breakout from H&S Pattern on Hourly ChartsNatural Gas - India - Breakout from H&S Pattern on Hourly Charts
LTP - 208
SL - 191
Targets - 230+
positional view-- buy ng 210 abv looks ups die 247--60+++positional view-- buy ng 210 abv looks ups die 247--60+++ yes buy on dips with tight sl more update stya tuned with us wia whtsup---- yes if close abv 260 tnan will see soon 330 must have patience
Naturalgas reversal zones 11-5-2023Note: 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 - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. 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. #NG, #Naturalgas
natural gasPrice again touched the monthly Inside candle low , again 3 possibility , pull back, consolidation or break down ,
will add some more comments and graphics
NATURAL GAS S/R ZINES FROM 278 TO 129MCX:NATURALGAS1! NATURAL GAS is at yearly to minthly buying / support zones, can commense major trend reversal on monthly, quarerly and yearly time frame, major s/r levels till 278 targets have been marked along with s/r level till 129 if doeas go downside.
respect the zones and trade only if you know how to trade the support/resistance areas effectively.
NATURAL GAS MAKE TRIPLE BOTTOM Natural Gas makes TRIPLE BOTTOM on the 15M chart, in my view, makes a position as per the triple bottom theory.
Thanks
Theansh Finance Solution
Natural Gas UpmoveNatural Gas Upmove
After a downmove of too long currently at a small support levels of 180. Strong Support base at 130 levels.
Expecting upmove in the near term to mid term of 265- 370 levels .
No recommendations, just my view based on the chart.
natural gas weekendrepublishing herewith natural gas idea, weekend followup using day time frame
dashed white line (lowest )is the low of monthly inside candle
NATURAL GAS analysis chart is in downtrend, so my view is bearish, entry and exits are mentioned on chart.
Natural gas reversal zones 29-3-2023Note: 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 - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. 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. #NG, #Naturalgas
