As we enter the start of the trading week the economic calendar is quite thin, so our focus will be on the technical and seasonal aspects of the DAX30 CFD. From a purely technical perspective, the DAX30 CFD can be considered range-bound on an hourly time-frame between 12,050 and 12,220 points. The bearish tendency into the last weekly close gives the neutral...
Gold/USD is moving inside the ascending triangle Pattern and held above the current up trendline in weekly chart. Recently it hit an upper line of the resistance. If the price action do retrace, I assume the current up trendline or fibonacci line would be a good bounce in price action and buy opportunity. Indicators: Macd line cross over with signal line for...
cassure haussière du triangle ascendant en attente d’un pullback sur la précédente résistance vers 12 120 le marché est en configuration acheteuse : le scénario le plus probable est donc une continuation de la tendance haussière il faut surveiller de possibles opportunités acheteuses !
On the weekly chart.. Price action is all above the Moving averages. From DMI also look bullish, DMI+ spikes up above DMI- indicate a bullish trend. Keep in mind that DMX is still below 25 which is very low momentum strength for now. it also possible it would broke the short term trendline within the symmetrical triangle and retest the yellow trendline...
Got in the breakout of the intraday triangle. The market is around the important support on D chart ~2650. Attempted to catch some significant correction up. Correction happened but not as big as I expected, should've just aimed for 1:3 R/R. My stop loss was under local lows of the triangle and the profit target is around the low on November 16. (posted post factum)
SOYBEAN vs USD , Long term perspective,up Trend
WHEAT vs usd , Long Term perspective on the triangle : Up TrenD
CORNusd CFd ; Long Term Perspective on the up Trend :Third Eye
SUGARus , long term perspective on the UP Trend : third Eye
Looks bullish.. looking forward a retracement into +- 4 $ or emas line after it's challenging the resistance at $ 4.28 Indicator looks bullish, volume is rising rapidly. DMI : +DMI is rising and -DMI is dropping hard creating a huge range between them, bullish also DMX is rising too.. bullish momentum is increasing Macd : buy histogram is higher than the...
Looking bearish since 2016 as the price made a higher low until now. i expect a heavy resistance at 15.177 ( 200 SMA and the down trendline since 2016). Support around 14.268 ( recent low and been a support from a past time) peace,,,
Gold has completed the retest of the broken descending trendline, bouncing off the 50% fibonacci retracement triggering the long orders
After Trump announced more tariffs on China we can see that the S&P 500 has propped down quite strongly, hitting a solid support at 2860. We can also see that the drop was caused buy a very solid multiple to rejection. Is this pullback a setup to Blow past our double top or will it continue to consolidate in it's current zones?
Note: If you like trends, you'll like oil. When oil trends, there is no limit. It can trend for a VERY long time. Trading Criteria: Regardless which way you want to trade, look for minimum five 4hr. candles in consolidation zones (yellow border boxes), or five daily candles for solid yellow boxes. If you're a pattern trader or pinbar trader, this might be...
Price has stalled and we may be seeing a H&S. Multiple rejections before 65.00 could be a sign to take a dive. Price would need to break 66.00 with conviction to signal a bullish continuation.