We discuss two scenarios that could play out today. Traders should be long already and protect their trade. Traders should be careful as a pullback is expected in the higher timeframe. This means every high can be your last high.
DAX40 is about to crash. A BIG short trade is pending its turn. Germany40 Index (GER40, GRXEUR, GER30) is trapped in a Bearish stance. Fundamentally, many things are against a Bull-Market at these times, but I mentioned that in my VIX spike idea. From a Technical Analysis standpoint, well, the picture is much clearer. Technicals: * A-B-C Elliott Wave...
A pullback in the higher timeframe seems likely. We have 5 waves up as an impulse with divergence in the daily.
We discuss three scenarios that could play out today. Traders should be long already and protect their trade. Traders should be careful as a pullback is expected in the higher timeframe. This means every high can be your last high.
DAX H8 We pushed almost as high at 16000 before seeing a slight rejection, corrections possible, infact another test of 15700 isn't out of the question. Simple longs from this support zone again if this is the case. 16000 being quite a prominent psychological resistance price. We have a void of 285 pips to take us up to our major resistance and ultimate TP.
We discuss three scenarios that could play out today. Traders should be long already and protect their trade. Traders should be careful as a pullback is expected in the higher timeframe. This means every high can be your last high.
We discuss three scenarios that could play out today. Traders should be long already and protect their trade. Traders should be careful as a pullback is expected in the higher timeframe. This means every high can be your last high.
We discuss four scenarios that could play out today. We see an opportunity for a long trade but traders should be careful as a pullback is expected in the higher timeframe. This means every high can be your last high.
DAX40 8H Finding a range on the German indices at the moment, after aggressive highs of 16440 ish... We have now started correcting back into a previous play of S/R. Which is good for us as it now means we have previous highs to target, and previous support to buy from. Ideally looking for longs (in line with alerts) from 15700 price, in aim to trade back up...
We discuss four scenarios that could play out today. We see an opportunity for a long trade but traders should be careful as a pullback is expected in the higher timeframe. This means every high can be your last high.
A pullback in the higher timeframe seems likely. We have 5 waves up as an impulse with divergence in the daily.
We discuss three scenarios that could play out today. We see an opportunity for a long trade but traders should be careful as a pullback is expected in the higher timeframe. This means every high can be your last high.
I am looking at the possibility of a potential flat in wave 2 as we keep falling in what could be a wave {c}. Equality of wave {c} vs.{a} is where I would like to start seeing some support and that would be at the beginning of the golden box. Feel free to ask question, trade safe!
Trading day preparation. Although pullback is expected in the higher timeframe, we might see some more upside in the lower timeframe. We discuss several scenarios that could play out. For today, depending on what the market gives us, we see an entry for a long trade.
GER40 - 24h expiry Offers ample risk/reward to buy at the market. The primary trend remains bullish. The 1 day moving average should provide support at 15923. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Bespoke support is located at 15900. We look to Buy at 15902 (stop at 15802) Our profit targets...
Trading day preparation. Although pullback is expected in the higher timeframe, we might see some more upside in the lower timeframe. We discuss several scenarios that could play out. For today, depending on what the market gives us, we see an entry for a short trade.
DAX is on a 2-day pullback with a new (dashed) Channel Up emerging. The index is already inside two long term Channel Up patterns. The RSI (1d) crossed under its MA level, calling for a technical pullback inside the borders of these Channel Up patterns. Trading Plan: 1. Sell as long as the price remains under Resistance (1). 2. Buy if it breaks above...
Trading day preparation. Although pullback is expected in the higher timeframe, we might see some more upside in the lower timeframe. We discuss several scenarios that could play out. For today, depending on what the market gives us, we see an entry for both a long and a short trade.