Natural gas intraday & short swing natural gas is breaking trendline short swing. this is only for study purpose.
LNG1! trade ideas
Natural gas reversal zonesNG consolidate in this zone more than 2 weeks, it should break this zone will tell the down trend end or not.
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 - 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 gas weekly chart into day time framePublishing herewith weekly idea converted into day time frame
natural gas update, 4 hr ,14.02.2023presenting herewith updated idea due to a circular pattern in 4 hr time frame
[MCX] Natural Gas Intraday TradeNote - Intraday!
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.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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NGits corrective wave now a is going to complete around 250 and then it heading toward B around 500 in upcoming months and then C but c is lesser than B so this summer Ng touch 150
Naturalgas bullish head and shoulder pattern in 4 hrs tfThere is bullish head & shoulder pattern found in NG, sustaining 216 will confirm its uptrend.
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 - 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 #head & shoulder pattern
NG (MCX): Week of - 13/02/2023Levels:
Support: 200-190
Resistance: 220, 230, 250
OI Data (21st Feb Expiry):
Nearest Major Resistance in NG per OI data: 220, 230, 250
Nearest Major Support in NG per IO data: 200
Trade setup:
1. Looking at the OI data, most likely range-round is: 200-250
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Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 230 | 220 | 250| 300
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SELL | < 195 | 205 | 175 |150
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NG1!2.198 at Level 1, 1.522 at Level 2.
Natural GAS still little fall can be excepted before to big move, very less chance to recover in this February month contracts, all call options may become zero again like December and January CALL options. So, the March futures contract is the best choice for long-term holdings.
NATURAL GAS ANALYSISPure price action with divergence of Rsi.Please let me know if you liked the idea of building a strong team.
Long natural gas? Breakout from inside bar on the daily timeframe with the oscillators extremely oversold
naturalgas shortNatural gas gas should be take resistance at fib level if sustain go short term long if resists then short but support is at 197.4 if breaks then it ll fall further.or natural gas treand is negative at higher TF so Trend Is friend
NG (MCX): Week of - 06/02/2023Levels:
Support: 150, 120
Resistance: 250, 290, 310, 330
OI Data (21st Feb Expiry):
Nearest Major Resistance in Crude per OI data: 220
Nearest Major Support in Crude per IO data: 200
[MCX] Natural Gas Mean ReversionInvesting in Natural Gas as it is approaching the Mean line again. This is an aggressive bet and does not constitute stop loss like last time as shared in
Because the trade has not triggered buy in the laws of price action at all.
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 can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
=======
Natural Gas Elliott Wave CountNG can bottom around 3.55 (Wave 4 low)-3.27 (78% fall of previous impulse)
Natural Gas Analysisnatural gas can move either side as per price action. if rejection faced by trendline can test 220 levels
if gives breakout can test 237-240 levels
Is 220 coming in Natural Gas???Natural gas is posed to join the downward channel from highs. With a breakdowndown of H&S pattern, the NG can plunge to almost level of 220, which should act as strong support to take back the price to 500 levels.
Buy above 375 if it breaks. Sell below 375 level for one and only target 220.
Next only Buy level is 220.
Naturalgas reversal zones 30-1-2023Note: 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 gas month and beyond ideathis is one of my older chart still believes in levels
if price reaches below level updated chart will follow
we see 314 ++ in NGexpecting that in the coming days we will see 314++ in NG
place SL below 225
let's see if it works...
