Hello traders, here is the analysis from our team : our buy: 12981 our target: 13100 our stop: 12862 Note* We will start to look at 1300 on to take profit with money management. Let us know in the comment section below if you have any questions.😉 our buy: 12981 our target: 13100 our stop: 12862
While they have us distracted with the world is falling ideas. Let's keep it basic with Elliot Wave structure identification. Find end of wave 2 and buy beginning of wave 3!!! Yellen
I expect the bullish trend to start for Dax, but as I drew by using fibonacci circles, we are in the downtrend right now, and the bottom of this channel will support the area I show with the green box, our target will be 13297 when the resistance zone that I marked with the red box is broken. Please support by liking and do your own ideas as a comment
DAX looks bearish to complete the correction, overall trend is UP, watch the 10,000 level
As expected, Friday's session started with a descend towards the S/R zone at 12 882. Bearish traders pushed even lower and the support didn't hold their strengths. The VPOC has also shifted below this zone and this can signify the lack of commitment for further longs and the end of uptrend of the past days. Important zones Resistance: 13 119, 12 882 Support:...
We are in a very important point that can reverse the market, Please share with me your thoughts, kind regards,
1. short --> 2. long One low left and than a closing above 13.000?
Good day, snipers. Our previous analysis played out well and now we banked 364 pips so far. Take profit was clearly hit! Enjoy the free money. Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up. Ideas posted are not financial advise, but merely just to give insights and education for traders. Past...
Yesterday's price action was a great example of the rational behaviour of the market participants. As we mentioned in our analysis yesterday, the zone around 12 592 was important for establishing further price development, with the break outside signifying the continuation in that particular direction. Dax oscillated the entire European session before gaining...
Yesterday's session opened with an ascending gap. However, from the beginning of the session, sellers proved their dominance as they pushed the price lower all the way through the support of 12 592. Dax even closed the day below this zone but today's open impulse retraced back above. Important zones Resistance: 12 882 Support: 12 592, 12 494 Statistics for...
THe question is, which move next. For me more propably is break down, but still need to wait of comfir.
Good day, snipers. Here we have the DAX Index where I plan on entering when price hits that 78.6 Fib Level, because entering now would expose you to too much risks and a not so god risk : reward ratio. We can see that price broke through that resistance turned support and is now approaching the weekly strong resistance level. Price also obviously respects the 100...
For yesterday, we expected bulls to attempt for higher levels. The morning session was positive in this sense, but then we saw a rapid sell-off, even below 12 494. This is where the support level functioned nicely but the momentum wasn't that strong co correct the down push. Important zones Resistance: 12 494, 12 592 Support: 12 151 Statistics for today...
1.618 is reached and starting signal of wave 3 of wave 5 came in. Entry 12.570 SL below today's low of 12,485. RRR better than 3 to 1. Greetings from Hannover Stefan Bode