dolphinfromegypt

Deutsche bank - good to catch a wave

Short
XETR:DBK   DEUTSCHE BANK AG NA O.N.
hi
deutsche bank is very good for swing playing, it is collateral, joined with EURUSD - if EUR is strong, DB goes up, if weak it goes down,

right now we have a move down, it is interesting in which direction it will go.

there is path down, look on the screen. MACD signal is weak in D frame - DAY - and below 0 going, the same on time frame Week - W - it goes down all the time

These coming 2 week will be going on weakness of EUR, but EURUSD will be moved up some day, USD is going to be too stronger and players will change the game,

remember stock market is not a investment, it is a caching the wave only,

next resistance 8.5 EUR

it is only my idea in my head, not a investment advice, your cash, your decision, your risk.

Wish good luck!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.