Rising wedge with bearish divergence, entry at 12310/12320, minimum target 12.134 stop above 12354
11,980-12k is a key resistance area - any pullback could see a drop to 11,700
USDJPY is approaching our first resistance at 110.89 (horizontal overlap resistance, 100% extension, 50% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 110.30 (50% Fibonacci retracement , horizontal overlap support). Stochastic (34,5,3) is also approaching resistance where we might see a...
Formazione di un ABCD pattern sul dax entrata short al livello di D
DAX is approaching our first resistance at 11778.68 (horizontal pullback resistance, 50% fibonacci retracement , 100% fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 10989.90 (horizontal overlap, 50% fibonacci retracement , 61.8% fibonacci extension ). Stochastic (21,5,3) is also approaching...
DAX is approaching our first resistance at 11778.68 (horizontal pullback resistance, 50% fibonacci retracement , 100% fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 10989.90 (horizontal overlap, 50% fibonacci retracement , 61.8% fibonacci extension ). Stochastic (21,5,3) is also approaching...
DAX is approaching our first resistance at 11778.68 (horizontal pullback resistance, 50% fibonacci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 10989.90 (horizontal pullback support, 61.8% fibonacci extension, 50% fibonacci retracement). Stochastic (89,5,3) is also approaching...
Key levels to look out for, please refer to our 4 hour chart for a strategic view!
DAX is approaching our first resistance at 11778.68 (Horizontal pullback resistance, 50% fibonacci retracement , 100% fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 10989.90 (horizontal pullback support, 61.8% fibonacci extension , 50% fibonacci retracement ). Stochastic (21,5,3) is also...
Now we are sitting exactly at the upper long trendline i have marked in Blue At the moment still Long We have to wait whether that stays tdoday, but ieven if these line breaks the lower trendline in red is still a support for the longs.
DAX is approaching our first resistance at 11778.68 (Horizontal pullback resistance, 50% fibonacci retracement , 100% fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 10989.90 (horizontal pullback support, 61.8% fibonacci extension , 50% fibonacci retracement ). Stochastic (21,5,3) is also...
I see some rejection from resistance level and closed below the area. There are also untested targets below. I believe DAX is going down to test support zones. I'm planning to use multiple entries. I will; short at the beginning; add if the price goes up little bit more and add if i see a close below 11608. This is 1:4 short setup so stop is very tight. If stopped...
DAX is approaching our first resistance at 11778.68 (Horizontal pullback resistance, 50% fibonacci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 10989.90 (horizontal pullback support, 61.8% fibonacci extension, 50% fibonacci retracement). Stochastic (21,5,3) is also approaching...
Key levels to look out for, please refer to our 4 hour chart for a strategic view!
DAX is approaching our first resistance at 11574.22(horizontal swing high resistance, 61.8% Fibonacci extension , 50%Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 11087.34(38.2% Fibonacci retracement , Horizontal swing low support) Stochastic (55,5,3) is also approaching resistance where we...