Natural Gas - Weekly. Financial WaveOur priority scenario in NG is a pullback of the price in wave 4 to 3.5 $ after which, most likely, NG will go to the final descending wave 5 and the price can come to 1.5 $, but not below 1.423 $Longby Financial_Wave13139
NATGAS Will Go Up! Buy! Hello,Traders! NATGAS was trading in a Downtrend but after the Retest of the support level At 2.00$ we saw a bullish Reaction so I think that We will see a further Move up towards 2.259 Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals7713
NG1! Will Go Up! Long! Here is our detailed technical review for NG1!. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2.111. Considering the today's price action, probabilities will be high to see a movement to 2.322. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider999
NG: Quick Analysis Quick analysis on NG Futures/ ETF BOIL (Bull share) and KOLD (bear share). No recommendation here. I expect some continuation to the downside. As we are making ATLs, we should look for a bottoming pattern first before considering a long position. These are just my thoughts. Safe trades everyone! 02:34by Steversteves669
✅NATGAS BROKE THE WEDGE|LONG🚀 ✅NATGAS was trading in a Downtrend in a falling wedge Pattern but after the retest Of the horizontal support At around 2.0$ which is also A strong round number we saw A rebound and a breakout out Of the falling wedge so we are Now locally bullish biased And I think that the target Of 2.3$ will be retested LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx121215
Natural Gas BULLISH DIVERGENCE on DAILY TFThe price trading at Lower level and there is RSI BULLISH DIVERGENCE also on weekly chart which indicating that price has not much momentum and strength to go further downside .On the daily chart, the RSI indicator is also close to crossing below 30, Signaling overbought conditions. 👉 RSI DIVERGENCE does not confirm that the price will reverse but divergence indicates that the price does not have the strength to go down. So for any upside view let the price confirms the strong Reversal for any upside momentum.✅Longby Jha_Nidhi2
Possibly have to close a gapThe idea is that a 4th wave of expanding diagonal expected.Longby tucanea0
Mar 27,23-NG-Price ain't going up!SO - from my last post, thinking price would rally even 500 points failed to occur. Sucks but that's the world we live in currently. Even with the contract rolling over there is no chance of a rally. The IEA says inventories are 22% above the 5 year average - this combined with winter being over in the U.S. means no demand for NG. So, I am sitting on the sidelines, waiting. Price may go well below 2 this week, maybe 1.7.....maybe even 1.5 - who knows. Anyway, I'll be looking at other trades - maybe oil, and the S & P 500 to make some money. Take care and stay safe. HeikoShortby HEIKOTradingSystem666
NATURAL GAS - Potential Upward MovementNATURAL GAS refilling at demand zone and about to rebound. Exit at 2nd supply zoneLongby JoeBigBoi119
A catch up game btw WTI and NG: Which one meet the other?Something does not look right...NG to go up or oil to come down?by cranvivid1
Change to positive trend (NG long)I consider NG changed to positive trend. New entry level to long position around 2.3-2.4. Will follow the price movement at smaller timeframe at this level.Longby apmyp33Updated 449
NATURAL GAS Confirmed our long-term view, now turning sideways.Those who follow us for long, know that we tend to utilize long-term patterns, especially cyclical pattern that give a high probability of return as they filter out the day-to-day noise from the news. Natural Gas (NG1!) is no exception and our multi-year Cycles analysis last January proves that: As the price continued to free-fall, we now find it useful to better explain the situation to you, to turn back to the 1D time-frame and compare the 2022/23 Cycle to 2014/15. As you see the correlation is fairly high. Both started on a 1D Death Cross, with the 1D RSI deeply overbought. As the price never broke above the 1D MA50 (blue trend-line) since December 20 2022, it appears that we are in a similar level as February 2015 when after a test of the first Support Zone (green), the price rebounded, got rejected on the 1D MA50 and then turned sideways to break it. It stayed neutral for basically 6 months before starting a new multi-month round of heavy selling. The signal to sell it again was when the price was at its closest to the 1D MA200 (orange trend-line). The downside potential is significant and goes lower than the previous Low of 1.450, which is our long-term target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot1122
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