Natural Gas
Natural Gas - RSI Low to Price LowThis chart shows the number of weeks between a low on the RSI for #natgas and the low in price. 2019/2020 period is omitted due to the unusual effects of pandemic and lockdowns on markets.
RSI Bottom to Price Bottom
2001 - 13 weeks
2009 - 26 weeks
2012 - 12 weeks
2016 - 13 weeks
Average = 16 weeks
Bottomed In Month
2001 - September
2009 - September
2012 - April
2016 - March
Conclusion of my trade on NATURALGASGood afternoon traders, at the morning I shared with you a trade on NATURALGAS, thanks to god the guys I give signals to privately and I could make a good profit on NASDAQ and NATURALGAS for today. As you can see on the chart we bought lower as possible after getting a signal to buy with the little candle I put an arrow on on the left. The other arrows signify candles we added positions at to finish the day with 4 contracts in total which was good for us. The reason why we close is 1st we reached twice our target, 2nd is the price pulled on the resistance line twice and that's a signal to close.
I'm being this clear in my tutorials so it can be easy for people who are still learning to trade to understand.
In case you got questions don't hesitate to ask and I'll be answering with pleasure
Natural Gas- Killing the BullsFrom our previous post, linked in description, we counted Natgas to be in wave iii of C, keeping extending to the downside as long as retailers bottom fishing in mass. We believe that Natgas will provide a beautiful long opportunity, but only once retailers will be shaken out. Price bounced from our support, but created lower highs in a triangle.
We are sort from @2.628 stop loss @2.7 risk 0.5%. Targeting a lower low in the 2.2-2.3 area.
Best
GMR
BUY NATURALGASGood morning traders, I managed to start again sharing with you one of the trades I make every day since I trade multiple markets. The one I'm sharing with you today is on NATURALGAS.
As you can see on the chart the system I follow gave me the entry point with the little candle I put the arrow at, to make things fair I gave the entry to the guys I work with first and after 15 min I share it with you. I'd you have any questions don't hesitate to ask.
TP and SL set them at your own risk
SELL NATURALGASHey traders, I want to share with you this trade I got in earlier at the point I sat the arrow at after pulling back on the resistance line, now since I added another contract I want to share it with you so you can still make some profit.
SL and TP set them at your own risk
In case you got questons about how I work don't hesitate to ask
+80% in 1 monthI see, that natural gas is going to check 3.8-4.0$ area.
At moment you can see first impulse, that will grow into a powerfull move.
Long 2.20-2.25
stop 2.06
target 3.8
BUY NATURALGASGood morning traders, I'm sharing with you my trade for today on NATURALGAS, following the chart I got what we call a springbox on the system I follow and I kept waiting for the pullback on the vwap.
Now I'm in and I said why not to share it with you to make some profits.
SL and TP set them on your own
💨 $NATGASNeedless to say, this week is an important week for NATGAS price action.
✪ Price needs to hold within or break above the SUPPORT ZONE asap. A sizeable rebound higher would be expected if this succeeds. 📈
✪ Failure to hold the SUPPORT ZONE will most likely see prices deteriorate further, possibily to the LOW at $1.50 😓
☝️ We are yet to see a state of capitulation/panic. This is usually signalled by a spectacular sell-off due to accelerated selling in the form of an out-sized weekly red candle/bar. That would mark the bottom or near bottom.
MrStocky
Natural Gas - BUY - rebound towards the resistance level.Despite the current downward pressure on the price of natural gas, it is expected to rebound towards the support level which has now turned into a resistance level, but may subsequently resume its downward trend. This could potentially create an opportunity for quick profits
TIME TO LONG, TARGET 3.69Following weekly and monthly chart in medium term.
I think it's time to pull back, also my indicator in on the bottom, so let's try a long.
TP1 3.69
TP2 4.39
SL 2.78 - Please wait for next week close price to stop, they can show even deeper but expecting a long here.