We look at the DAX constituents. We pay attention to the most bullish constituents that buck the trend - firms that go up when the index itself goes down. Etc.
So we have plenty of bullish signals on multiple time-frames - and that green triangle projection is back to its all-time heights.
This may be great for both a short time long trade or a good long term...
Finally falling trend ended.
2 options :
Cup and handle target is confirmed and ready to go to TP1, 12.95.
Fibonacci says we'll go to TP2, 14.40
SL : 6.7
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Short 100 $DBK
Long 7 $DHER
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Short 100 $DBK
Long 7 $DHER
It pretty much appears as a change in the trenddirection right now. Anyway, if the shareprice breaks through the bottom resistance things are getting more obvious. The horizontal resistance might be a mark for a tight stop-loss.
XETR:DBK
i like to keep my portfolio diverse and not just with fx as there are plenty to gain in other markets.
-looking to short dbk based on indicators and recent news
-if it continues to go bearish will hold for longer term
LIKE and FOLLOW for upto date analysis of mine.
dynamic and static resistance lines are contacting.
reaction at this spot would be important.
if it drops below 5.7, it can reach 5.4 and 4.5 .
stop loss would be 6.28
XETR:DBK
hi my brothers
Today I'm going to analyze a very important graph in order to have visibility on this market.
and as you can see there is a clear probability that it will experience a bearish trend in the coming days, while at the same time taking into consideration that there is a low probability of 15% that there is an increase upwards.
it is advisable in the...
With hopes that during Easter time G20 and OPEC will solve the differences and come up with aid solution, time could be to buy stocks.
Here we have Deutsche converging higher, bouncing from 61.8%, refusing to sell further.
A break and close through resistance would be confirming bulls taking charge.
Of course fundamentals still affect this. If EU finally agrees...
Deutsche Bank (DB) has been on a strong medium term rise on the 1W chart since the August low (RSI = 65.146, MACD = 0.232, ADX = 21.619, Highs/Lows = 0.9691). This rise is the bullish leg of the long term Channel Down (since 2012), that is aiming for a Lower High inside the pattern.
The previous Lower High bounces have been 85% on average and the last one made a...
A nice break of the downtrend line last week. Now potential to add another long on the break of resistance at level 8.
This has potential to go long term.
Good Luck!
