Tag: natural Gas
Natural Gas: ⬇️ Sell – Natural Gas reversed from key resistance level 3.80 – Likely to fall to support level 3.50 Natural Gas recently reversed down from the pivotal resistance level 3.80 (which is the upper border of the narrow sideways price range inside which the price has been trading from May). The downward reversal […]
Natural Gas: ⬇️ Sell – Natural Gas broke support zone – Likely to fall to support level 240.00 Natural Gas recently broke the support zone between the support level 3.600 (which stopped the previous wave B) and the 50% Fibonacci correction of the previous ABC correction (B) from April. The breakout of this support zone […]
Natural gas: ⬇️ Sell Natural gas broke support area Likely to fall to support level 3.0000 Natural gas recently broke the support area between the support trendline of the weekly up-channel from last August, support level 3.4 and the 50% Fibonacci correction of the daily uptrend from August. The breakout of this support area accelerated […]
• Natural gas broke resistance level 7.230 • Likely to rise to resistance level 8.160 Natural gas recently broke above the resistance level 7.230 (which has been reversing the price from the start of October), intersecting with the 50% Fibonacci correction of the downward impulse from September. The breakout of the resistance level 7.230 accelerated […]
• Natural gas reversed from resistance area • Likely to fall to support level 0.6000 Natural gas recently reversed down from the resistance area set between the resistance level 7.285 (former monthly high from October), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from August. The downward reversal from the […]
• Natural gas reversed from support level 5.370 • Likely to rise to resistance level 6.500 Natural gas recently reversed up from the support level 5.370 (previous multi-month low from July), standing near the lower daily Bollinger Band. The upward reversal from the support level 5.370 created the daily candlesticks pattern Piercing Line, which started […]
• Natural gas falling inside impulse wave (c) • Likely to fall to support level 5.365 Natural gas continues to fall inside the short-term impulse wave (c) which previously broke the support level 6.500 (which stopped wave (i) in September) and the 61.8% Fibonacci correction of the upward price move from January. The active impulse […]
• Natural gas rising inside impulse wave 3 • Likely to rise to resistance level 9.500 Natural gas recently reversed up from the key support level 7.755 (which has been reversing the price from the start of August), standing near the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from […]
• Natural gas broke resistance level 7.960 • Likely to rise to resistance level 9.000 Natural gas recently broke through the resistance level 7.960 (top of the previous wave (iv) from the middle of June) intersecting with the 61.8% Fibonacci correction of the earlier downward correction (B) from last month. The breakout of the resistance […]
• Natural gas broke round resistance level 9.0000• Likely to rise to resistance level 9.65 Natural gas recently broke above the round resistance level 9.0000 (which stopped the earlier minor impulse wave 3 at the start of May, as can be seen below). The breakout of the resistance level 9.0000 continues the active short-term impulse […]
