What do you think, guys? Are you waiting for a collapse or do you take the risk and buy low? Do we enter a bear market or is this just the healthy corretion we are waiting for since weeks? Let me know what you think. I'm going to buy the way down and grab the knife :) Happy trading, beware about not getting spiked out and care about your money management!
#DAX30 just made a new LL to retracement to another LH to 12830-50 with an option to breakup. Please consider your Levels of S and R. Good Luck
GER30 - Intraday - We look to Buy at 13027 (stop at 12946) The RSI is trending higher. Trend line support is located at 13030. We look for gains to be extended today. 20-hour EMA is at 13050. A lower correction was expected. Our profit targets will be 13264 and 13318 Resistance: 13160 / 13220 / 13300 Support: 13130 / 13070 / 13000 Signal Centre
We can see nice setup to long possition. Broken up channel will be retested.
Huge falls all day, looks like a real good potential for some slight growth, going long temporarily could bring in decent profit
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Im lon on the dax and you can see all the reasons right in this video
Germany stocks were higher after the close on Wednesday, as gains in the Basic Resources, Transportation & Logistics and Financial Services sectors led shares higher. At the close in Frankfurt, the DAX gained 0.16%, while the MDAX index added 0.56%, and the TecDAX index gained 0.19%. The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which...
Price is in channel now, may will do fake breakout downward to form double bottom (W) reversal and bouncing off the trendline is where i have my buy limit with low risk. You can clearly see price is in channel and repsecting the trends. This trade isnt 100% accurate which is why i am trading with low risk.
Middle bollinger band is giving a good support to push the price up and reach 0 level of fibo. Note: Trade at your own risk. www.turningpointfx.com twitter.com www.facebook.com www.instagram.com