GER30 - Intraday - We look to Sell at 14099 (stop at 14181) Trend line resistance is located at 14100. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Bespoke resistance is located at 14100. The trend of higher lows is located at 14100. Preferred trade is to sell into rallies. Our profit targets will be...
GER30 - Intraday - We look to Buy at 13617 (stop at 13555) Dips continue to attract buyers. We look to buy dips. Pivot support is at 13567. Dip buying offers good risk/reward. Our profit targets will be 13803 and 13893 Resistance: 13800 / 13900 / 14000 Support: 13670 / 13600 / 13570
hello traders and investors , DAX 30 (German 30) unable to make new high , 14140 is become strong resistance . as we see double top here it is good sell signal , but we will wait for neck line to break and retest before going short. with target 13400.
Short Term Trend: Bullish. Price Action Signals: Price sold off after a false break out above the 14135 resistance level last week. Price moved down from a Bearish Pin Bar that formed just under the 14135 major resistance level, 2 weeks ago (counter trend). You will note last week we said ‘We are not looking to trade the break out above the 14140 level as this...
Since the beginning of the year, the German Index consolidated above its previous ATH. At this point, it seems like a correction is just around the corner and Dax can take a dive to 12500 Selling rallies in this anticipation can have a great R:R
The chart of S and P shows a type of broadening formation. Looking at the way it behaved we can now calculate that we have slightly surpassed the 2020 February level from which we crashed if we consider the Dollar devaluation over the same period and convert the index into lets say Euros. If we look at the Dax for instance we are just above the February 2020 ...
Short analysis on the DAX in the context of the cyclical calculation On further rising prices is to be counted on the German leading index only with very much imagination. On the contrary! According to our calculations, a price decline of several weeks must necessarily be included. We strongly advise against any long positions in the current environment. We see...
This is still a SHORT if there ever was one! Here is the Daily; The most likely scenario.
... Equities. - And once accounted for the currency differential, this spread (Short) looks even better and better. Here is the Weekly;
OANDA:DE30EUR DE30EUR 2021 Feb 22 Week (intraday) Green/Red zones = preferred entry zone Since price is in a rotation zone between 13825 - 14190, let's see if this is distribution in progress. Daily chart shows last bar closing higher than 2nd last bar, and close is above middle of bar shows some demand there. Scenario1: H1 shows higher lows. Let's see...
We have an untested supply area, likely to be touched at least once. We closed friday very bullish, and US indices even more after European closing. Blue Supply, Red Demand. Areas to watch next week. Waiting for candle reversals to be completed.
Dax30 (DE30) Short Trade. It's a VSA Trade. RRR is not too good but still good. CURRENCYCOM:DE30
The German leading index DAX seems to be getting more and more stuck in the area around 14,000 points. Should there therefore be another upward impulse before the imminent reversal date on 19 February, this would be an interesting opportunity to start a possible short exposure. Looking at the end of the month, a downward trend towards 13,800 points is more likely....
Timeframe: H1 Pattern: I Head&Shoulders Targets: Green Lines Pattern Found by Pattern Trader Indicator Good Luck
OANDA:DE30EUR DE30EUR 2021 Feb 15Week (Intraday) Green/Red zones = preferred entry zone Moving back into a previous supply area Chart shows diminishing supply, however buy side doesn't have much participation either. Will follow channel at the moment to buy after price dip. 13925 acts as the immediate guide if market can maintain its strength. Have a...
GER30 - Intraday - We look to Sell a break of 13988 (stop at 14066) Daily signals for sentiment are at overbought extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. A higher correction is expected. A move through 14000 will confirm the bearish momentum. Our profit targets will be 13706 and 13616...
GER30 - Intraday - We look to Sell a break of 13887 (stop at 13975) Daily signals for sentiment are at overbought extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. A higher correction is expected. A move through 13900 will confirm the bearish momentum. A bearish Head and Shoulders has formed. Our...
hey tradomaniacs, Market is currently shaky and volatile but I don`t see any reasons for the recent moves in terms of fundamentals and correlations. US-DOLLAR has corrected a little bit due to drastic moves down in indicies with the opening of the london-session. If these moves were legit we would see a drastic continuation, which is currently not the case....