NATURALGAS fyi, tomorrow futures NG roll-over to AugustNatural Gas vs US Dollar forum
NATURALGAS fyi, tomorrow futures NG roll-over to August
NATURALGAS I've entered long as price pulls back into the 3.70–3.53 support zone on the 4H uptrend following a sharp sell-off from the previous swing high. On the 1H chart, we’re in a downtrend, but multiple bullish divergences over the past two days suggest weakening bearish momentum.Using the two alterations on my chart (Koncorde 2.0 and L3 Banker Fund Flow) based on the Negative Volume Index (Paul L. Dysart, Jr.), retail is out while institutions are buying the dip at 15m.
In summary:
- 4H: Uptrend, oversold, bullish divergence, retail out, institutional interest rising
- 1H: Downtrend, near bullish order block, divergence building, signs of accumulation
- 15m: Overextended downtrend, institutional buying visible at key levels
- 1W: Still in an uptrend despite current sell-off; momentum points upward
Overall I see 1H downtrend exhaustion and a continuation of the 4H uptrend.
Good luck everyone!
PS: I'm setting an alarm if price touches 3.52 instead and will study price action to decide if I'm getting out of the trade because I want to avoid getting automatically SL due to market manipulations instead of actual bearish momentum.
NATURALGAS retail liquidity need to gone after that up move to 4.33 nymex. well plan Mr. Orange Man.NATURALGAS nymex 3.545 is important support any up move else control by bear till ...
NGAS oilprice.com/Latest-Energy-News/World-News/China-Launches-Phase-2-Deep-Sea-Gas-Field-Adding-45BCM-To-Supply.html
Probably the big H&S from last 7 months will play out now targeting 1.50 this year or next year. Have to wait & see what this widow maker will do & also interesting will be what EIA has to say in its next short term outlook
NGAS Nothing is surprising with this thing. It could go to 2.8 in one day and I wouldn't be surprised.NATURALGAS again going to 4.10+ soon from here. if not broken 3.545 nymex. my tp is 4.33+ nymex.
NGAS Going to pop...
NATURALGAS rejection this is going down
NATURALGAS buy now 3.6200 activate over sold 15+ candles in 4hr red trapping retail only with Sl 3.5000 analysis let see market plan 🙏