✅NATGAS MOVE DOWN AHEAD|SHORT🔥 ✅NATGAS was trading along the rising support But now we are seeing a bearish breakout So I am bearish biased and I think That the price will fall down To retest the demand level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx6610
NATURAL GAS Support Ahead! Buy! Hello,Traders! NATURAL GAS is going down But a horizontal support level Is ahead so after the retest A bullish rebound is likely To happen with the retest Of the target level above Buy! Like, comment and subscribe to boost your trading! See other ideas below too! Longby TopTradingSignals225
Natural gas going to support ??Natural gass going to support at 477 is final reversable support .. aftert that may trend change happenLongby manikandan00231
NG - The ConsolidationFor the last few weeks, NG has been consolidating as the other financial markets move all over the place. The bearish head & shoulders pattern from June/August may not apply anymore due to the flattening. In previous natural gas declines (like late 2005-early 06) it would decline quickly and sharply after showing this sort of pattern. This does not look anything like that. Even if it were to go down further, it needs to go up to some sort of support (I marked the ~$7.80 on my chart) so that it can regain the lost momentum. It seems to be bouncing off a longer-term trendline, which could be problematic. That being said, it doesn't have to be very volatile and it could quickly reject. I would recommend waiting for it to go to some sort of level and entering short there. My overall bias on this chart & natural gas in general is to the short side. Every time NG has been up to these levels for whatever reason, it goes back down again even if just to $4 or $5. Any sort of breakdown below the trendline could also hold. The winter is coming up, though, and you may have to adjust for a slight bullish bias if you plan to keep holding anything. by roxythetradermage4
Daily NG analysisDaily NG analysis Sell trade with target and stop loss as shown in the chart The trend is down and we may see more drop in the coming period in the medium term All the best, I hope for your participation in the analysis, and for any inquiries, please send in the comments. He gave a signal from the strongest areas of entry, special recommendations, with a success rate of 95%, for any inquiry or request for analysis, contact meShortby Hamed20s0
Natural Gas: The supply-demand dynamic is at a critical stageDeutsche Bank reported that in a particularly critical phase is the supply-demand dynamics regarding natural gas towards the winter season, which the behavior of households will be decisive in the coming months, as their consumption represents a large percentage of total consumption. A supply failure is likely to be avoided at least as the scenarios confirm that a 20% YoY reduction in consumption this winter (and flat annual demand thereafter) is likely to lead to some shortages either early in 2023 or the winter of 2023/24. The reduction in Germany remains at 40%, while if demand falls by only 10% YoY stocks will not be exhausted even in such a scenario. For certain, fill levels would fall below 10% in late winter 2022/23, but this would not put energy security in doubt until 2024. The European Commission is working on proposals to limit prices. While negotiating with reliable suppliers, for instance, Norway, and strengthening common markets seem to be the Commission’s preferred options, the idea of a (temporary) price cap on imported natural gas is gaining ground. The greater the potential for the implementation of a cap the lower the success of the implementation of the first two measures. Such an implementation could lead to increase supply risks, depending on the design of such an import price cap which would accompany the mandatory demand reduction. From an Elliot wave perspective, we will examine the Natural Gas chart to see its potential move in the short to mid-term. Looking at the weekly chart, natural gas made an impulsive five-wave rally from the lows, which suggests that low is in place and we can expect a bigger recovery. However, in Elliott waves, after every five-wave rise we can expect a slow down in three waves, so we are tracking now an (A)-(B)-(C) correction before the uptrend resumes. First support is around 5.3 level, while second support would be around 3.5 level. All the best! If you like what we do, then please like and share our idea. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.by ew-forecast1115
Natural Gas Futures ( QG1! ), H4 Potential for Bearish MomentumType: Bearish Momentum Resistance: 7.475 Pivot: 6.900 Support: 6.310 Preferred Case: The H4 price is in a slightly descending trend with prices trading below the ichimoku . The price may drop form the pivot at 6.900 to the support at 6.310 where the 78.6% retracement and swing low sits Alternative scenario: If there is a price reversal, it might test the 1st resistance at 7.475, where the 38.2% Fibonacci and 78.6% projection sits Fundamentals: There are no major news.by Tickmill2
Natural Gas Futures ( QG1! ), H4 Potential for Bearish MomentumType: Bearish Momentum Resistance: 7.475 Pivot: 6.900 Support: 6.310 Preferred Case: The H4 price is in a slightly descending trend with prices trading below the ichimoku. The price may drop form the pivot at 6.900 to the support at 6.310 where the 78.6% retracement and swing low sits Alternative scenario: If there is a price reversal, it might test the 1st resistance at 7.475, where the 38.2% Fibonacci and 78.6% projection sits Fundamentals: There are no major news.Shortby Genesiv0
Up & Down in Natural Gas - H&S As you can see here. I'm awaiting shortterm a further bearish movement. Perhaps touching the 200's SMA. After this I expect a sharp rise in gas going into the seasonal peak time for natural gas.by p4917Updated 8
NatGas: Athletic 👟💪🎾NatGas has been indulging in athletic activities – quite in accordance with its temperament. Since the end of wave ii in pink, NatGas has been exercising on the stairwalker, has been playing squash in the green trend channel and has been doing some aerobic. Next, it should proceed with trampolining on the blue zone between $5.554 and $4.684 to finish wave iii and iv in pink and then drop onto the pink mattress between $5.156 and $4.455 to complete wave v in pink, which also includes concluding the overarching downwards movement in the course of wave 2 in green. There is a 28% chance, though, that NastGas could skip the blue as well as the pink zone and lift itself directly above the resistance at $8.123.by MarketIntel661
NG Long Idea Natural gas futures long position can be tried. The fact that the next contract (NG2!) has not yet reached the support level is thought-provoking.Longby econ101133
Oct 9,22-NG Long Still HopingIn looking at the weekly chart, I also added the Linnear Regression Indicator to give me an idea of where price action is...as you can see, it is at the outside so unless price continues to drop, we should expect a price jump. Maybe I was a little early in my prediction, although price action has touched higher than the 7 mark in the last 2 weeks - I am hoping it will actually CLOSE above 7 this week. Time will tell...Happy Thanksgiving to all you Canadians!! Stay safe all. HeikoLongby HEIKOTradingSystem10104
Natural Gas Futures (QG1!), H4 Potential for Bearish DropType: Bearish Momentum Resistance: 627.2 Pivot: 580.7 Support: 424.6 Preferred Case: The H4 price is in a downward trend. The price may drop form the pivot at 580.7, which is in line with the 23.6% fibonacci retracement to the 1st support at 424.6, where the swing and target price of shoulder head pattern is. Alternative scenario: If the bullish momentum continues, price will move to 627.2, where the 38.2% Fibonacci line is located. Fundamentals: There are no major news.by Tickmill119
Natural Gas Futures (QG1!), H4 Potential for Bearish DropType: Bearish Momentum Resistance: 627.2 Pivot: 580.7 Support: 424.6 Preferred Case: The H4 price is in a downward trend. The price may drop form the pivot at 580.7, which is in line with the 23.6% fibonacci retracement to the 1st support at 424.6, where the swing and target price of shoulder head pattern is. Alternative scenario: If the bullish momentum continues, price will move to 627.2, where the 38.2% Fibonacci line is located. Fundamentals: There are no major news.Shortby Genesiv331
Natural Gas Futures ( QG1! ), H4 Potential for Bullish MomentumType: Bullish Momentum Resistance: 7.520 Pivot: 6.900 Support: 6.310 Preferred Case: The H4 price is in a slightly ascending trend. The price may rise form the pivot at 6.900 to the 1st resistance 7.520, where the 38.2% Fibonacci and 78.6% projection. Alternative scenario: If there is a price reversal, price will move to 6.310 where the 78.6% retracement and swing low sits Fundamentals: There are no major news.by Tickmill111
Daily NG analysisDaily NG analysis A long position with the target and stop loss as shown in the chart The trend is up, we may see more upside All the best, I hope for your participation in the analysis, and for any inquiries, please send in the commentsLongby Hamed20s5
Natural Gas Futures ( QG1! ), H4 Potential for Bullish MomentumType: Bullish Momentum Resistance: 7.520 Pivot: 6.900 Support: 6.310 Preferred Case: The H4 price is in a slightly ascending trend. The price may rise form the pivot at 6.900 to the 1st resistance 7.520, where the 38.2% Fibonacci and 78.6% projection. Alternative scenario: If there is a price reversal, price will move to 6.310 where the 78.6% retracement and swing low sits Fundamentals: There are no major news.Longby Genesiv0
Natural Gas Futures ( QG1! ), H4 Potential for Bearish MomentumType: Bearish Momentum Resistance: 7.520 Pivot: 6.900 Support: 6.310 Preferred Case: The H4 price is in a downward trend. The price may drop form the pivot at 6.900 to the 1st support at 6.310 where the 78.6% retracement and swing low sits Alternative scenario: If there is a price reversal, price will move to 7.520, where the 38.2% Fibonacci and 78.6% projection. Fundamentals: There are no major news.by Tickmill0
Important Video...follow up10. 5. 22 I covered a lot of markets in this video emphasizing the things that were discussed when the previous video. Gold Silver Natural Gas ES Bitcoin Palladium lumber etc19:47by ScottBogatin7
Natural Gas Futures ( QG1! ), H4 Potential for Bearish MomentumType: Bearish Momentum Resistance: 7.520 Pivot: 6.900 Support: 6.310 Preferred Case: The H4 price is in a downward trend. The price may drop form the pivot at 6.900 to the 1st support at 6.310 where the 78.6% retracement and swing low sits Alternative scenario: If there is a price reversal, price will move to 7.520, where the 38.2% Fibonacci and 78.6% projection. Fundamentals: There are no major news.Shortby Genesiv0
Oct 4,22-NG Still Long at 7So today was a good day - NG recovered nicely from some serious lows of 6.3. WTF? No idea. Anyway... We will see where NG ends this week but I'm hoping it will close above 7. Price action is almost at the green line of Williams Alligator - once it closes past it, we should be in good shape. I'll keep you updated at the end of this week. HeikoLongby HEIKOTradingSystem113