Way down open ( NG short)After decline below 2.39 with test the way further down to 2.20 and 2.02 is open. Due to oversold RSI and RSI Stoch. I will wait for better etrance point to short. Entrance at 2.39 will be best to ride the short. Stay tune, will provide updates on this idea and my scenario.Shortby apmyp33Updated 228
NGAS BUY! TARGET 3.50 USD/ 4.20 USD (GAP)Hi, RSI level show us very good moment to catch NGAS BUY. TP1 : 3 USD TP2: 3.50 USD Long Term Target : 4.20 USD (GAP Good Luck ! Longby darksignal9
Mar 18,23-NG-Turnaround this week? YES!As we know, NG has stayed down and storage is at an all time high - U.K. NG is at an 18 month low. Weather has been exceptionally warm in the U.S. the last 8 weeks, hence the huge amount in storage. My thinking is the following: There is a quick cold snap this week where it will start to warm up again on Fri,,, It's almost the end of this contract...most of the time, price moves up as contract end nears - not always, but a lot of the time. Where is the bottom? I believe in and around 2 is the bottom. It's going to be hard for price to STAY below 2 for long. Sure, it might dip down to 1.5 for a day or two, then right back up again around 2. Therefore, I am choosing 2 or maybe 1.9 or 1.8 as a good spot to go long - even if it's just until friday this week, then get out. Hopefully price goes up to 2.5 and I take my 500 or so points profit and run. I might be wrong, but that's how I'm going to play this week. I will be watching price action closely Sun night as NG comes online. If price is flat or turns negative slightly, I will lower my entry price to 1.9 or 1.8. Stay tuned this week for more posts. Stay safe and trade smart. Heiko Longby HEIKOTradingSystem181810
Natural Gas Long SetupNatural Gas seems bouncing from demand zone. Safe trades can long above 224, risky can long at CMP 188.5 with SL of 162 on daily closing basis. Saptarish Trading. View are for education purpose only.Longby diliplpUpdated 4
Only long NGNo downside visible. Oops it my opinion Trade and risk all yours Easy tgt 240-252Longby any_money1
Sun after stormNatural Gas touched double minimum and following trend line will go up.Longby stelo889
Natural gas is prepping for a big moveNatural gas is prepping for a big move to the upside after the gap fill that's marked on the chart (2.35 vicinity). The gap coincidently lines up with the lower trend line of a falling wedge , making this area a magnet. The move in Natural gas in the previous weeks was very large , which subsequently required some consolidation before another leg. Assuming the general markets can sustain some footing or stall , despite the Silicone Valley bank debacle, natural gas can make a move to the $4 mark. Longby Fida4u6
Mar 9,22-NG-Pullback is here-TurnaroundAs I said in my last post, price dropped this week. Question is, with the jobs report tomorrow, will price plummet? Or Rebound? THis is the question I am battling with. I will be watching closely and if price continues to fall overnight and into the moments leading up to the report, I might put in a Buy ORder in case price sky rockets. We shall see. As for next week, will price go back up to 3ish? Or will price just go sideways for a while. Hard to say, especially because there appears to be no end in sight for the War. Stay tuned. HeikoLongby HEIKOTradingSystem666
potential 4hr cup and handle on natural gaslong position establishing here again. this trade is risky. I see a bullish continuation pattern a Cup and handle to be exact. the breakout is not confirmed. however the Ad is showing an ascending triangle on lower time frames.Longby moneyflow_traderUpdated 9
AD Basing. Looking for a bullish ABC movement over $2.664Need a bullish ABC movement over $2.664, which was a previous support position . Then we ave $2.836 that broke out. I'm predicting A leg to hit this level. followed by B leg to retest support and finally a move back up to $3 natural gasLongby moneyflow_traderUpdated 5
natty weekly chart both AD/Stoch RSI double bottomincluding the wave count, Im showing a retest of the b leg of the bullish cypher which is around wave 2... Im buying all dips on natural gas and boil etf Longby moneyflow_traderUpdated 5
AD showing a double top looking to short to C legfrom the chart on the 30min of ngas, the Ad has created a double top and there is already a bearish cypher pattern currently present. looking to short to C leg around 2.68 natural gas.Shortby moneyflow_traderUpdated 1111
Monthly 2-2 reversal at yearly S1 Support. Target:4,9$ & 7,6$Hello dear Traders, Here is my idea for #NG1 Price triggered yellow line Target marked in the chart Invalidation level marked with red line Good luck! ❤️Please feel free to ask any question in comments. I will try to answer all! Thank you. Please, support my work with like, thank you!❤️Longby Diplo_Trades0
Mar 5,23-NG-is this the pullback?Last week NG went up a hell of a lot...are we ready for a pullback now? We shall see how this week plays out. Should be crazy with the Fed raising rates again on Wed. If this week closes below 2.6, maybe NG will fall back to 2 next week. If price action falls anywhere close to 2 THIS week, I will put in a buy order for price to return to the 3 zone. HeikoLongby HEIKOTradingSystem8
NATURAL GAS BULLISH RSI DIVERGENCE IN DAILY TF !!!Hello to everyone, As we can see there is a Bullish divergence in RSI & PRICE on daily timeframe . This is indicating that price has not much momentum to go downside. We can expect a trend reversal in natural gas but only RSI divergence does not confirms the trend reversal. We need positive price pattern or any bullish candle formation to go upside at the bottom of chart. If any bullish candle or bullish scenario forms than only we can go for the long position. The green candle indicating price momentum towards upside and green candle has good volume also ,which is showing strength in buyers./b] Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.Longby Jha_NidhiUpdated 5
Natural gas is overextended Natural gas looks to be forming a near-term top in what I think is an ABC move up. Bearish divergences are building on the hourly and 4 hr chart. Although, these divergences can continue to build while Natural gas grinds up , the risk-reward ratio warrants caution. Where does the B wave look to target? The $2.40 vicinity looks plausible, being there was a lot of price action there, a gap , and an attractive fib extension zone. The subsequent C wave will be spectacular, with the potentional of having a 3 or 4 handle. Shortby Fida4u113
NG1! Long-term uptrend is about to start After a significant adjustment, natural gas has gradually bottomed out and formed a wave of bottoming rebound. In the short term, the upward momentum is weak, but the bullish signal has already appeared. It is only a matter of time before the bulls launch a strong attack in the future. At present, what is needed is to wait for the market to adjust again before positioning. Currently, with the bottom formation and bullish signal appearing, the natural gas has considerable upside potential in the future, suitable for long-term positioning to obtain profits. I will also update the strategy regularly for this commodity. If there is a good entry opportunity, I will notify you as soon as possible. For friends with large capital, you can position lightly at this point and buy on dips. If you need specific strategies, you can directly leave a message to me. Thank you for your likes and support. MOEX:NG1! NYMEX:NG1!Longby FlashTrades_Updated 117
Bullish Natural GasSee on Chart.. Above 585-586 level, Natural Gas goes up till around 625-630 levels.. Maintain Stop loss around 555.. Buy only above 585-586 level If you like my levels.. Please like, share and comment..Longby SJ2409Updated 2
Natural Gas BreakoutNatural Gas daily chart showing W pattern to 186-176 to 223-225 around. When if break 186 or 176 (CLBS), then looking down till around 139-129. When if break upper level 223-225(CLBS), then lookin up till around 270-280.by SJ2409Updated 112
NG1! in oversold zone. Technical bounce target 2.789 , 3.37, 4.0Natural Gas has dropped more than 43% since start of 2023, it's heavily oversold and hitting a major support zone (2.45 - 2.20 levels) , highlighted in blue box. In my previous post, I had a target of 2.33 as per Fib measured levels. I strongly believe we have seen bottom in NG short term, might go lower some more to test the support zone and build a base. Short term I'm expecting NG to technically bounce to target 2.789, 3.37 levels (white lines).. Best case might test the $4 levels, where the down sloping pink line meets. For any reason, if 2.20 support levels get broke, we might see lower target $1.795 and 1.44.. I believe we might see these downside targets only after a technical bounce 2.789, 3.37 levels. Let me know your thoughts in comments sectionLongby gmaster29Updated 121222
Natgas - A=C + Momentum turning up. Where is the price actionBrutal decline in Natgas Wave A=wave C. Momentum has crossed the signal line but price action is missing? Bears should be cautious hereonLongby yossarian121Updated 0