Looking to allocate short on a break of the purple trend-line
- I like the break in EXY so EUR denomination suites the thesis
- Volume Profile is favourable
EXY for reference
I had a few ideas removed from the site as there were links in the descriptions. I am re-posting those Ideas without the links.
This is a good setup on the DAX 0.38% for those who trade patterns like H&S . The slight downward slope on the neckline is usually a good sign that the pattern will be reliable as a trend change pattern. This will obviously take some...
Price broke above trendline from the upside. RSI oversold with divergence. Price above 20EMA. 2 trades 1.5:1 2:1 RRR. 1st target 127.2%fib 200EMA resistance. 2nd target trend continuation. In my opinion the cycle isn't over we have some time before we get a recession. Bullish. Good Luck
US30 in red , sp500 blue , dax green , fr40 pink , uk100 turquoise .
Sp500 and mostly dow are much higher than all other . Sell dji for : tp1 = 23300 , tp2 = 21300
DE30/EUR 1D Chart: Rebound from 55-day SMA
The index that compiles 30 largest German companies is advancing against the Euro in the long-term rising wedge formation. This pattern started to form two years ago and today consists of two reaction highs and three reaction lows. Consequently, the breakout of the pattern is expected to happen in the Q2 2018.
In the...
For the last few days we are observing on DAX a strong fall without correction. On session in November 13th price has touch support level and bounced up for near 150 points and drew bullish pinbar, but this didn't stop further price dropping. Today price has tested once again support level and went lower where buyers came out. This could beclassic hunt for stop...
Eger fiyat 13.030'u gecer ve 13.030 ustunde kalicilik saglarsa ana hedef noktasina varana kadar turuncu olarak cizdigim fibo seviyeleri arasinda hizli hareket edip tirtikli fibo çizgilerinde yavaslayacaktir. Birincil ana hedef olan 13.330 da ise duzeltme dususu gelebilir, islemden cikip beklemek gerek.
___________________________________
If the price exceeds...
I was asked to analysis on this index by a great folloer.
I try my best to analysis on it.
As long as price stand beyond FIBO 0.75,
we will consider DE30 has a final impulse to touch FIBO 1.27 521.23.
Less is more!
DAX weekly chart. Nearing the LT trend line channel+negative MACD crossover. Idea based on the assumption Macron win has been priced in by the markets.
Trade at your own risk
