Trading day preparation. Although pullback is expected in the higher timeframe, we can still go up in the lower timeframe. We discuss several scenarios that could play out. For today, we see one way 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. We see two potential 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. We see two potential ways to enter a trade. Inflation data is released today, only trade at the extremes.
GER40 - 24h expiry - We look to Buy at 15921 (stop at 15841) Daily signals are bullish. The primary trend remains bullish. Previous resistance at 15900 now becomes support. We are trading at overbought extremes. A lower correction is expected. We look to buy dips. Our profit targets will be 16121 and 16171 Resistance: 16010 / 16100 / 16200 Support:...
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. We see two potential ways to enter a trade.
DAX is trading inside a Channel Up with the 4H technicals neutral (RSI = 53.275, MACD = -10.100, ADX = 32.263). With 1D also neutral , it indicates that the dominant bullish trend has to be favored and that this is a buy opportunity. That is also supported by the 4H RSI which held the 38.60 Support. Keep in mind though that the index has been pulling back inside...
I laid everything on the charts refer to it and you'll find yourselves in a good swing entry, be patient and yoou'll find your rhythm, it all depends on price action.
Important breakout on Dax Index. The market broke and closed above 15600 - 15700 supply cluster, the broken structure turned into a demand zone. I will expect a bullish continuation from that to 16100 level. ❤️Please, support my work with like, thank you!❤️
DAX completed a Golden Cross pattern on the (4h) time frame, the first such occurrence since January 10th. The RSI (4h) has pulled back considerably, harmonizing the overbought conditions of last week. Trading Plan: 1. Buy on the current market price and as long as it stays over the MA50 (4h). Targets: 1. 16000 (+11.00% rise). Tips: 1. RSI (4h) is copying the...
We noticed a chartbook reversal short with Bouhmidi-Bands in DAX today. After Breaking the upper Bouhmidi-Band we created a short signal. With US opening we moved lower and started the reversal movement heading back and closing within Bouhmidi-Bands.
DAX40 closed last week trading -0.81%. DAX40 is forming bullish setup.
GER40 - Our short term bias remains negative. The bias is to break to the downside. News events could adversley affect the short term technical picture. A higher correction is expected. A break of the recent low at 15069 should result in a further move lower. Our profit targets will be 14759 and 14709 22h expiry - We look to Sell a break of 15059 (stop...
#Russia ? #Ukraine ? Europe ? OR #USA ? I Guess Puttin On The Way !!!
GER40 - Intraday Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. The bearish engulfing candle on the daily chart is negative for sentiment. Short term momentum is bearish. 50 4hour EMA is at 15490. We look...
On H4 there's a nice confirmation tested 2 times so we're surely looking to sweep the untested OB . I indicated using the green horizontal line which is the 50% candle which is the level I'll be taking short trades from . I hope everyone will have a profitable Monday. Feel free to ask more about the trade idea
The 1day MA50 is approaching DAX for the first time in 2 months. This is the first Support on every long term uptrend. Support A is at 15000 and can be hit on a wick to provide the bounce DAX needs. Our Target 1 is Resistance A (15660) and long term its All Time High on Resistance B (16300). The 1day RSI is well supported on its 5 month Rising Support, meaning...
Last week Dax40 closed as bearish. 27 Feb, I’m looking to sell at sz 1 hour and qms.
Mercedes-Benz has found a parking spot in the big green parking lot between €67.31 and €77.90 and is about to finish wave in green. Though, as the course has just turned slightly downwards, the current movement could also already be complete. As soon as this high is finalized, the share should pay its parking ticket, leave the parking lot and drive southwards,...