NATURALGAS ABCD PATTERN IN HOURLY VIEWCMP 2.9160 BUYING ZONE 2.8481-2.8653 SL 2.8175 TGTs 2.9170 (Which is already Passed) /3.0140/3.0750 (Positional View Hourly TF)
XNGUSD trade ideas
Natural Gas - Live Market Update
Natural Gas is in buying zone but buy only above 2.8360 marked by white horizontal line which is S4 Level of my volatility based indicator.
Candle of 11-29-23 12:56 PM in the morning session and
of this in the evening session11-29-23 9:48 PM are going to play major roles.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
buythis is going to pull back soon and expecting a good rally from current price till the target price.
Natural Gas - Update
Please read the comments mentioned on the chart for execution.
I try to use simple language so that each of us can understand. However, my thinking that every body is understanding will not serve the purpose until all of us in the group understand in the way it is intended to be communicated. Ultimate benefit will be when actually all of us understand. Therefore, I request you all to reply in comments and ask your doubts/questions, so that I can clarify all the valid queries.
Disclaimer: The information provided in this idea is only for educational and informational purpose. The information provided here is not intended to be any kind of financial advise, investment advise, or any trading advise. Investment and trading in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI Registered Analyst., so consult your financial advisor or do your own research before taking any trading/investment decision
Natural Gas- Bullish above S3 Level on the Chart
1. Planted on the chart are Pivot and Resistance Levels of my indicator.
2. 2.931 is the S3 Level of where it is taking the support.
3. 3.402 is the pivot and 3.872 is the resistance.
4. At present, it has support between two lime horizontal lines drawn at price level between 2.9650 and 2.9740.
Moreover, the price is above 100 and 200 SMA which are signs of bullishness. Also, as per William's R% the commodity is in oversold zone.
Conclusion: Wait till the 11/27/23 7:45 AM candle which is pivotal for morning session and check that the price remains above S3 Level. All the above factors are indicating a pull back, in the prices of the Commodity in the coming week.
Disclaimer: The information provided in this video is only for educational and informational purpose. The information provided here is not intended to be any kind of financial advise, investment advise, or any trading advise. Investment and trading in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI Registered Analyst., so consult your financial advisor or do your own research before taking any trading/investment decision.
Natural Gas - Live Market Analysis
Natural Gas is trading at 61.8% of hourly Level of my customized indicator based on volatility of swings. Next important candle for the day is 4:57 p.m. But, Pivotal candle for the commodity today is 11/22/23 9:23 PM.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas - Live Market Analysis
This candle of 11:14 p.m. will decide the future trend of the commodity.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas
Natural Gas is trading above high of previous swings. Pivotal Candle for today are 11-20-23 4:13 PM & 11-20-23 8:38 PM.
Other swing candles are 11-20-23 7:21 AM 11-20-23 11:47 AM.
Expect 3.5 as the next target in the near future. Have patience for the level to come. Those who were there with me in the live session on Friday and invested at the candle of 11-17-23 9:44 PM should remain invested for 8X profits.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas - Live Market Analsis
This candle of 9.44 p.m. tonight is going to set future trend of Natural Gas.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas - Live Market Analysis
Provided on the chart are the swing levels of Natural Gas. Its trading above Weekly Swing Level of 23.6% Level which is around 3.14.
Resistance at present is the candle of 9th September 2023. Most important candle for the day 1s 12.07 p.m. and for with week is 11-16-23 11:35 PM.
Also provided are the timings of all the time candles which will create swing levels today.
Disclaimer: I am not a Registered Analyst with any National/ International Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas - Live Market Analysis
Marked are the swing levels for Natural Gas.
Today there is only one candle 9:09 a.m. which is going to decide trend for rest of the day. Please mark high and low of this candle and act accordingly.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas - Live Market Analysis
Marked are the swing price levels on Chart of Natural Gas. The Time candles which were important in the past are
10-25-23 2:08 AM
10-25-23 7:51 PM
10-26-23 1:35 PM
10-27-23 7:18 AM
The time candles which are important today are:
10-30-23 6:11 AM
10-30-23 11:55 PM
Now match last candle of past candles and future candles. Last candle which was important on 10-27-2023 was 7:19 a.m. and todays first candle is 6:11 a.m. If swing candle of 6:11 remains above 7:19 candle, it means what? It is making uptrend. Otherwise not.
Disclaimer: I am not a registered Analyst with any of the National or International agencies. It is only for educational purposes. Please consult your financial advisor before making any decision.
Thank you
NG Live market analysis - 3.43 is a strong resistance
Please dont carry any long position today because 3.43 is a strong resistance. If it crosses on Monday there is always a chance to re- enter. No Trade before 10-10-23 7:44 AM candle. This candle on Tuesday has to be watched for future course of action.
Please refer to my previous discussions on NG. Link Provided.
I am not a registered analyst with any of the National/International Agencies. Please consult your financial advisor before making any decision.
Natural Gas - Square Off your Long Positions. Live Market
Today its risky to remain long. This Candle of 4:30 (IST) will dictate. Please get out of any long trade because it is making head and shoulder pattern
Natural Gas - Bullish over 2.777
Support of 2.777 still not broken, unfortunately 2.80 was broken. If your SL oi 2.80 was broken not to worry at all. Will have an opportunity to re-enter. Watch candle of 2:30 IST in the afternoon carefully and candle of 8:30 in the evening session. Adhere to proper price and time levels.
In terms of INR its 218.
Please refer to my previous discussion of Natural Gas. Link Provided.
I am not a Registered Analyst with any of the National/ International Agencies. Consult you financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Let you grow. May! I follow you.
Natural Gas - Time Correction - Bullish
1 H chart shows it is stuck up in a rectangle for time correction only. Evening session last day showed a major support at 2.880. In terms of INR it is 225. If already invested nothing to worry, above 2.8277 SL which was brough up to 2.80 from 2.777 in our previous discussion. Check my earlier coverage on NG. Link provided.
Please watch candle of 4:30 IST in the evening today, a decision making factor.
I am not a registered Analyst with any of the National/Intranational Agencies. It is just for educational purposes. Please consult your financial advisor before making a decision.
Let you grow. May! I follow you.
Natural Gas = Long above 2.8240
SL 2.80. 2.832 is a major resistance if that is crossed, no worries.
Daily Chart shows bullishness in NG. Please refer to my last idea on NG where it was stated to buy above 2.777. Now increase SL from 2.777 to 2.80
