Languages

website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)

Trend Hunter performance since 2015 for this symbol

You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Natural Gas technical chart
Symbol NGAS

Download MT4 template file

Trade Setup
#NAT.GAS
Total Profit: 85 point
Closed trade(s): 85 point Profit
Open trade(s): 0 point Profit

Trade Setup:
We opened 7 BUY trade(s) @ 2.40 (day close price) based on 'Valley' at 2019.10.03.

Closed Profit:
TP1 @ 2.50 touched at 2019.10.16 with 10 point Profit.
TP2 @ 2.70 touched at 2019.10.29 with 30 point Profit.
TP3 @ 2.85 touched at 2019.11.04 with 45 point Profit.
10 + 30 + 45 = 85 point

4 other break-even trades closed at entry price, therefore no profit no loss.

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (2.050 to 2.000). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (2.050)
    • Resistance on 04/11/2012
    • Resistance on 04/12/2012
    • Resistance on 04/18/2012
    • Resistance on 04/19/2012
    • Support on 12/08/2015
    • Support on 02/02/2016
    • Support on 02/03/2016
    • Resistance on 03/30/2016
    • Resistance on 03/31/2016
    • Resistance on 04/04/2016
    • Resistance on 04/05/2016
    • Resistance on 04/15/2016
    • Support on 08/05/2019
  • Ending of entry zone (2.000)
    • Resistance on 04/12/2012
    • Resistance on 04/13/2012
    • Support on 04/23/2012
    • Support on 12/11/2015
    • Resistance on 12/21/2015
    • Resistance on 12/22/2015
    • Support on 02/04/2016
    • Support on 02/12/2016
    • Resistance on 03/17/2016
    • Resistance on 03/18/2016
    • Resistance on 04/11/2016

DateSat, 11/30/2019 - 16:54
Currentrange bound
Forecastbeginning of uptrend
Last weekBearish

Midterm forecast:

  • While the price is above the support 2.000, beginning of uptrend is expected.
  • We make sure when the resistance at 2.500 breaks.
  • If the support at 2.000 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 2.555 on 11/20/2019, so more gains to resistance(s) 2.400 and maximum to Major Resistance (2.500) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 31.

Take Profits:

  1. 2.250
  2. 2.400
  3. 2.500
  4. 2.700
  5. 2.850
  6. 3.050
  7. 3.350
  8. 3.700
Click on the level to view price action history.

Symbol Released Current Forecast
Natural Gas (NGAS) new Sat, 30 May 2020
Natural Gas (NGAS) Sat, 23 May 2020
Natural Gas (NGAS) Sat, 16 May 2020
Natural Gas (NGAS) Sat, 9 May 2020
Natural Gas (NGAS) free Sat, 2 May 2020