Trading day preparation. Although pullback is expected in the higher timeframe, we probably still go up in the lower timeframe. We discuss several scenarios that could play out. For today, we see an entry for a short trade at the extremes.
Trading day preparation. Although pullback is expected in the higher timeframe, we probably still go up in the lower timeframe. We discuss several scenarios that could play out. For today, we see a potential for both a short trade and a long trade.
DAX has almost hit today the 1D MA50 (last time it had contact was March 29th) and reacted with a rebound. The 1D technicals are neutral (RSI = 45.355, MACD = 76.400, ADX = 25.34&) indicating that this is a first Support level but if we close a 1D candle under it, can drop more until they turn red.
Consequently, as long as the 1D MA50 holds, we will keep our...
Trading day preparation. Although pullback is expected in the higher timeframe, we probably still go up in the lower timeframe. We discuss several scenarios that could play out. For today, we see a potential for both a short trade and a long trade.
GER40 - 24h expiry
Daily signals are bullish.
We are trading at overbought extremes.
Short-term momentum is bearish.
A lower correction is expected.
The 1-day moving average should provide support at 15980.
The sequence for trading is higher highs and lows.
We look to Buy at 15981 (stop at 15896)
Our profit targets will be 16191 and 16241
Resistance:...
Trading day preparation. Although pullback is expected in the higher timeframe, we probably still go up in the lower timeframe. We discuss several scenarios that could play out. For today, we see one area to enter a long trade.
GER40 - 24h expiry
Price action continues to trade around the all-time highs.
Daily signals for sentiment are at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A higher correction is expected.
A break of the recent low at 16190 should result in a further move lower.
We look to Sell...
Trading day preparation. Although pullback is expected in the higher timeframe, we probably still go up in the lower timeframe. We discuss several scenarios that could play out. For today, we see three areas to enter a long trade.
Trend Bullish
CB’s bank lending survey reveals signs of concern in the credit market
DAX technical levels of interest – prices remain elevated but waning volatility and momentum hint at a propensity for sideways trading to come
A break above 16383 pushes DAX40 to achieve potentially possible 23850
A break below 11950 is the beginning of the Bearish trend(red...
Following weekly chart.
The last time when I get a short signal to in weekly chart was 4 weeks before COVID crash. (red area in the chart)
Now I got the same signal and unfortunately this is the most trustworthy signal for me.
I think this 4 weeks are really critical and what I expect is we might way to go to gaps below.
Be careful and be careful!
As predicted some time ago
DAX 40 broke 16300
Now....
I have marked the next levels for you
Use proper stop
European stocks rose on Thursday, and Germany's DAX 40 index climbed nearly 1% to touch its highest level since January 2022, driven by the optimism surrounding the potential breakthrough in US debt ceiling talks, with expectations that a resolution...
Trading day preparation. Although pullback is expected in the higher timeframe, we probably still go up in the lower timeframe. We discuss several scenarios that could play out. For today, we see three ways to enter a trade.
Trading day preparation. Although pullback is expected in the higher timeframe, we probably still go up in the lower timeframe. We discuss several scenarios that could play out. For today, we see three ways to enter a trade.
Trading day preparation. Although pullback is expected in the higher timeframe, we probably still go up in the lower timeframe. We discuss several scenarios that could play out. For today, we see three ways to enter a trade.
DAX40 H8
Waiting patiently to see that 16000 resistance price again (alerts set) or see this support price of 15750 trigger. Either way, we are trading around high price and whole numbers, with a solid 250pt range to benefit and trade between. Tight stops and effective range targets.
Trading day preparation. Although pullback is expected in the higher timeframe, we probably still go up in the lower timeframe. We discuss several scenarios that could play out. For today, we see two ways to enter a trade.
