📊 In the four-hour time frame, due to the reduction of the upward movement momentum of the price, if the upward movement trend of the price is broken and the price stabilizes below the range of 17,900 units, there is a possibility of the price falling to the range of 17,750 units🎯🎯, and in case of strength, there is a range of 17,550 units🎯. 📊 Otherwise, the...
We looking for selling opportunities as we still below the resistance zones and we are still having a bearish falling expanding wedge resulting in sells
Pair : Germany 30 Index Description : Symmetrical Triangle as an Corrective Pattern in Long Time Frame and Rejection from Upper Trend Line RSI - Divergence Break of Structure Impulse Correction " AB " Fibonacci Level - 61.80%
- The market has been trading below a bearish trendline in the first part of April, correcting the rally started at the beginning of 2024. The short-term trend was then bearish. - More recently, and since the impact over 17,480pts (50% Fibonacci), the German index has invalidated its short-term bearish trend. The market has registered a sharp rebound leading...
DE40 has just bounced off at the pivot and could rise to the next pullback resistance level which is close to 161.6% Fibonacci extension Alternatively, if the price breaks below the pivot, it could continue to fall to the next support level level Pivot: 17902 Support: 17657 Resistance: 18208 Risk Warning: Trading Forex and CFDs carries a high level of risk...
The DAX (DE40) could fall towards the pivot which has been identified as a pullback support. Could this index potentially bounce off this level to rise towards the 1st resistance? Pivot: 17,805.20 1st Support: 17,507.10 1st Resistance: 18,240.10 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
GER40 is falling towards a support level which is an overlap support that aligns with the 50% Fibonacci retracement. A bounce from this level could lead the price to fall to our take profit. Entry: 17913.28 Why we like it: There is an overlap support which aligns with the 50% Fibonacci retracement Stop loss: 17612.74 Why we like it: There is a pullback support...
Looks like friday close was bullish for the ger30 price currently at the HIGHS waiting to see it to drop and give me a LoW price to buy the market.
GER40 - 24h expiry Yesterday's Marabuzo is located at 18065. Short term bias has turned positive. Risk/Reward would be poor to call a buy from current levels. The primary trend remains bullish. Preferred trade is to buy on dips. We look to Buy at 18065 (stop at 17965) Our profit targets will be 18315 and 18395 Resistance: 18234 / 18300 / 18400 Support:...
The DAX is showing relative strength following Friday's low. The hourly chart may be running out of puff, but that will bring support levels into focus. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex...
Short Term Elliott Wave View on DAX suggests rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave (1) ended at 17003.28 and dips in wave (2) ended at 16345.02. The Index extended higher in wave (3) towards 18567.16 as the 1 hour chart below shows. Down from there, wave (4) unfolded as a double three Elliott Wave structure. Down...
Could it go higher than 20,000? That's we 10% higher than today price. Melt up not done.
The DAX hourly RSI is above 50 and its stochastic is in its upper quartile. These suggests a short-term positive momentum. Core PCE out later is likely to influence risk sentiment. In that regard keep an eye on the hourly stochastic - if it starts to slip, the short-term momentum will be waning. If it holds, the sentiment will be biased towards risk-on. This...
Long trade on 4hr retesting the channel breakout on the 4hr chart. Just be aware as the breakout has low volume therefore be quick to move to breakeven is order gets triggered.
Hola Ola Smart Traders, This is our master plan to Heist Bullish side of GERMANY30/40. I have two plans to heist this market please look at the chart I have mentioned in our heist plan, Our target is Caution Red Zone Target 1 for Day Trade Robbers and Target 2 for swing Trade Robbers. My dear Robbers please book some partial money it will manage our risk. Be safe...
The DAX (GER30) could fall towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 18,253.04 which is a pullback support. Stop loss is at 18,120.41 which is a level that lies underneath the ascending trendline and aligns with a pullback support. Take profit is at 18,513.50 which is a pullback resistance. High...