Long after Double Bottom at Weekly Support Level.
SL: A few pips above Double Bottom.
TP: Next High if we see a strong rection there. If not -> let it run. Close trade when we get a Daily Close under Daily EMA5.
Good morning Trader. As much as i know we all looking for Bearish attack, i still stick with BULLS, for now.
BUT, we must watch CRUDE OIL. as one can drag down markets.
I can still see Bulls momentum here in 1 hr chart.
so lets see how today will fold.
Hi trader. bearish days are comeing, and we did watch it on weekly chart i posted earlier this week.
today, until us open, i expect dax to gain some BULLS power.
won't be easy, since bears fear is here.
intimidate target will be around .50% retrace.
trade with care.
Go long at monthly demand zone around 106.50 on Siemenes #SIE German Stock. Clear big picture long bias with demand zones being created, nothing to be removed to the left at all time highs. Previous monthly demand held very well a couple of retests.
Hi Freedom Traders,
in the 240min Chart of the DAX-30 the completion of an advanced pattern (Gartley Pattern) would offer us a high probability trading-chance.
Find possible entry and exit levels in the chart.
The Dax made a new Alltimehigh. But how long will the uptrend last? I think Wave (4) will need some more time to finish - so the current up-move could be Wave (B) of an Flat. If so, we should see some selling preasure soon.
What is your opinion?