Awaiting a nice long buy position it looks like! I find it will be highly unlikely for the price to drop again and i'm thinking we're heading back to previous highs as covid-19 lockdown measures will ease.
Hello guys, we have quite nice volatility and price action on EUREX:FDAX1! this week. Yesterday I posted an update about a long opportunity which brought some nice movements and today some short signals could have been found as well. I hope you got some for yourself and enjoy the rest of the day! John FINEIGHT Team
Obviously, everything could change with Today's BCE Meeting but we try to give you our personal forecast on #DAX using Elliot Wave and Fibonacci Clusters.
The German Market Index should end a corrective ABC-Move in the red area. After this I am expecting a 50% move down to the prior low.
DAX 30 SELL Entry: 11220 | Stoploss: 11320 | Takeprofit1: 10995 | Takeprofit2: 10725
We can see that we've reached top of the channel which is respected for some time. Also we can expect some pull back after this big pull up, so I think there is possible that we can retest 10900 level which would be also the bottom of the channel. We shall see.
dax is heading to end of a correction and we may have a great trade opportunity for R/R if the setup plays out. dax kompleks bir duzeltmenin sonuna dogru yaklasmakta, plan islerse kar/zarar orani cok yuksek bir ticaretimiz olabilir.
Hello guys, I got a recap from yesterday session on EUREX:FDAX1! for you. The market went through the resistance like a "butter through knife" :-D and kicked me from all my positions. When this happen it is important to stay calm and trade according to your plan. Don't try to get revenge on the market and wait for another opportunity. :-) We are always...
In my previous analysis, I mentioned that a strong sales wave could come to the markets again, in this context, I expect a structure as I mentioned in the chart.. Never say never.. Markets will be very interesting after 6 months, we will wait and see.. I firmly believe that big crash will come eventually and oil prices were the leading indicator of this.. ...
Good morning, traders, yesterday EUREX:FDAX1! hit the top of the trading range which gives us two possible scenarios: - the price bounces back down - buyers break the resistance Staying within the range looks more likely for me now, but we have to let the market show us if it is going to be bulls or bears who will be driving the market in following days....
GERMAN BUND has a bullish probability to keep in portfolio
Hello guys, today I am posting a bit late because I wasn't at my computer most of the day, but I was able to catch few good trades after all. The session on EUREX:FDAX1! was very good for technical analysis trading and the market offered several perfect opportunities. Did you catch some too? I hope so ;-) Check the video and let me know at the comments what...
We are in earnings week, with a massive list of companies reporting their financial figures. Markets expected be highly volatile. Some technicals may be pointless. It is also the last week of April. Looking at DAX we see that it is currently in the 2nd consolidation channel since the lows, right below the 50% Fib level. A break to the upside is a buy signal to...
Main items we can see on the 4HS chart: A) The price has made a Descending Movement from Historical High zone B) After a 40% Decline, we can see an ascending channel C) Currently, the price is outside the ascending channel making a corrective Structure D) We have 2 Scenarios from current levels LONG: The price breaks the Corrective structure with a...