Natgas - at potential gann resistance. SellAfter the brutal october correction, the current rally has brought ND to the top of the Gann fan
One can look to short here with SL above the red line
ShortPeers for comparison
Contract highlights
Short
NATURALGASMCX:NATURALGAS1! 313 act as resistance wait for confirm breakout, can lead the price to 317 and key supports levels are 310, 304.
Inventory data will be released at 8:00 pm forecast 65.00B previous 77.00B watch the price action closely.
Thank you
Trade safe
Natural Gas: Elliott Wave Structure Meets Global Energy Risks# Natural Gas | Approaching a Major Move: Elliott Wave Structure, Supply Risks, and Winter Demand
**Market: Natural Gas Futures (MCX) | Timeframe: Daily (1D)**
The global energy market is facing a period in which technical developments, geopolitical conditions, and seasonal changes in supply and d
Long
NATGAS Local Short! Sell!
Hello,Traders!
NATGAS a retest of the horizontal supply zone could complete mitigation; bearish rejection may trigger a pullback toward liquidity below.Time Frame 4H.
Sell!
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Short
NATURALGASMCX:NATURALGAS1! Key resistance level is 285.7 sustained breakout tot his can lead the price to 287.5, 288. Key supports are 283, 281.9.
NATURALGASMCX:NATURALGAS1! Key resistance levels would be 312,315 and key support levels are 308, 305. Wait for confirm breakout 312 breakout could push the price to 315 and 308 confirm breakdown can push the price to 305.
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NATGASMINI (3D) – Double bottom: formingNATGASMINI on the 3-day chart, found on the line through the closes by a chart patterns finder. Drawn from closes alone; how often this shape works has not been measured.
Reading the chart
The shape: After a fall, two lows at about the same price with a rally between them. The close goes above
Long
NATURALGASMCX:NATURALGAS1! The short-term structure is remain range-bound with a support of 277.9 immediate resistance is 280.3 sustained breakout above this level could trigger bullish momentum towards 283 and beyond, while a sustained breakdown towards 277.9 could slip the price upto 275.
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Trade
Can Natural Gas Survive Global Chaos?Macroeconomics And Market Volatility
Natural gas futures face unprecedented macroeconomic pressure globally. US natural gas futures recently fell to a six-month low. Record short positions from hedge funds dominate the market. Economics dictate that abundant supply crushes immediate price momentum.
Long
NATURALGASNATURALGAS The short-term structure is remains range-bound with a support of 275 & 270
immediate resistance is 277.8 sustained breakout above this level could trigger bullish momentum towards 280. If confirm breakdown of 275 happened it can reach upto 270.
Thank you
Trade safe
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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
One way to gain exposure to NGX2022 is through a broker that offers futures. Before trading, make sure you understand how the product works and the risks involved.
You can trade NGX2022 directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click "Trade", select your broker, and log in
– Start trading: Place orders directly from the chart
Tip: If you're new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
You can trade NGX2022 directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click "Trade", select your broker, and log in
– Start trading: Place orders directly from the chart
Tip: If you're new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
The nearest expiration date for NGX2022 is Nov 28, 2022.
Futures contracts expire on predetermined dates. As expiration approaches, many traders roll positions into the next contract to maintain exposure to the market.
Key metrics to watch near expiration:
• Volume and liquidity: Trading activity often shifts to the next contract month
• Open interest: Falling open interest may signal positions being closed or rolled forward
• Forward curve: Differences between contract prices can help identify market structure, including contango and backwardation
Explore the NGX2022 chart to monitor active contracts and contract-month activity.
Futures contracts expire on predetermined dates. As expiration approaches, many traders roll positions into the next contract to maintain exposure to the market.
Key metrics to watch near expiration:
• Volume and liquidity: Trading activity often shifts to the next contract month
• Open interest: Falling open interest may signal positions being closed or rolled forward
• Forward curve: Differences between contract prices can help identify market structure, including contango and backwardation
Explore the NGX2022 chart to monitor active contracts and contract-month activity.