NATGAS Swing Short! Sell!
Hello,Traders!
NATGAS made a bearish
Breakout of the key horizontal
Level of 2.895$ while trading
In a downtrend so we are
Bearish biased and we will
Be expecting a further
Bearish continuation
Sell!
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Contract highlights
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NG1!: Strong Bullish Sentiment! Long!
My dear friends,
Today we will analyse NG1!together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 3.016 Therefore, a strong bullish reaction here could determine the next move up.We will watch for a confirmation candle, and then target the n
Natural Gas Slips Below Support – More Downside Ahead ?
Recent candles are large-bodied bearish candles, indicating strong selling pressure.
Bollinger Basis is sloping downward, showing short-term bearish momentum.
Price is currently below both the 20-day and 50-day moving averages, reinforcing the bearish outlook.
NATGAS The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for NATGAS below:
The price is coiling around a solid key level - 2.996
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal
NG1! BUYERS WILL DOMINATE THE MARKET|LONG
NG1! SIGNAL
Trade Direction: long
Entry Level: 2.996
Target Level: 3.043
Stop Loss: 2.964
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LI
NATGAS: Bullish Continuation & Long Signal
NATGAS
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy NATGAS
Entry - 2.996
Stop - 2.969
Take - 3.043
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a month
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Henry Hub Natural Gas Futures (Oct 2018) is Sep 26, 2018.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Henry Hub Natural Gas Futures (Oct 2018) before Sep 26, 2018.