DAX Index
Pair : Germany 30 Index Description : Symmetrical Triangle as an Corrective Pattern in Long Time Frame and Rejection from Upper Trend Line RSI - Divergence Break of Structure Impulse Correction " AB " Fibonacci Level - 61.80%
DE30EUR - 24h expiry Buying continued from the 38.2% pullback level of 17870. Levels close to the 50% pullback level of 18066 found buyers. Preferred trade is to buy on dips. The primary trend remains bullish. Our outlook is bullish. We look to Buy at 18075 (stop at 17975) Our profit targets will be 18325 and 18395 Resistance: 18240 / 18330 /...
GER40 - 24h expiry Yesterday's Marabuzo is located at 18065. Short term bias has turned positive. Risk/Reward would be poor to call a buy from current levels. The primary trend remains bullish. Preferred trade is to buy on dips. We look to Buy at 18065 (stop at 17965) Our profit targets will be 18315 and 18395 Resistance: 18234 / 18300 / 18400 Support:...
Pair : Germany 40 Index Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Exp FIAT as an Corrective Pattern in Short Time Frame
GER40 - 24h expiry Price action looks to be forming a bottom. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The primary trend remains bullish. 50 1day EMA is at 17765. A Doji style candle has been posted from the base. The corrective cycle lower looks to have stalled. We look to Buy at 17830 (stop at...
DE30EUR - 24h expiry Short term bias has turned negative. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Daily signals for sentiment are at overbought extremes. Previous support at 18250 now becomes resistance. The trend of higher intraday lows has also been broken. 20 4hour EMA is at 18254. We look to Sell at 18350 (stop at...
Pair : Germany 30 Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Higher Highs - Higher Lows Break of Structure RSI - Divergence
-----------DAX DOWNSIDE MOVE IS ABOUT TO HAPPEN----------- DAX index shows a few signs that it is ready to deep dive. The course is at all time high. Economic indicators like GDP, interes rate, emloyment don't support that optimistic behaviour. Weekly RSI is at overbought territory. And daily RSI shows divergence. I think it is time to re-consider the long...
#DE30EUR Buy Side Momentum This Morning On DE30, Possible 50 points mve, Scalp Setup till Ny Session GMT London time
DE30EUR - 24h expiry Price action resulted in a new all-time high at 17904. We look to buy dips. 50 4hour EMA is at 17685. The primary trend remains bullish. Offers ample risk/reward to buy at the market. We look to Buy at 17690 (stop at 17590) Our profit targets will be 17940 and 17990 Resistance: 17760 / 17907 / 18000 Support: 17710 / 17618 /...
GER40 - 24h expiry Price action resulted in a new all-time high at 17817. There is no clear indication that the upward move is coming to an end. Price action continues to trade around the all-time highs. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. We look to buy dips. 20 4hour...
DE30EUR - 24h expiry Price action continues to trade around the all-time highs. The primary trend remains bullish. We look to buy dips. 20 4hour EMA is at 16865. Levels close to the 78.6% pullback level of 16863 found buyers. We look to Buy at 16865 (stop at 16785) Our profit targets will be 17065 and 17125 Resistance: 16970 / 17004 / 17100 Support:...
GER40 - 24h expiry Short term bias has turned positive. Levels close to the 50% pullback level of 16724 found buyers. The primary trend remains bullish. We look to buy dips. Prices have reacted from 16444. We look to Buy at 16725 (stop at 16645) Our profit targets will be 16925 and 16985 Resistance: 16885 / 16962 / 17004 Support: 16790 / 16724 /...
Technical Analysis for Deutsche Bank Shares: 1. Bullish Diamond Fractal Formation: Deutsche Bank shares are currently exhibiting a notable technical pattern known as a Bullish Diamond Fractal. This pattern suggests a potential reversal in the prevailing downtrend, indicating a shift in market sentiment in favor of the bulls. 2. Key Levels and Targets:...
GER40 - 24h expiry Price action resulted in a new all-time high at 16823. There is no indication that the rally is coming to an end. Yesterday's Marabuzo is located at 16715. Preferred trade is to buy on dips. Our outlook is bullish. We look to Buy at 16715 (stop at 16615) Our profit targets will be 16965 and 17025 Resistance: 16823 / 16900 /...
DE30EUR - 24h expiry Posted Mixed Daily results for the last 2 days. Overnight losses have been limited. We are trading at overbought extremes. There is no clear indication that the upward move is coming to an end. 15956 has been pivotal. A break of the recent high at 15956 should result in a further move higher. The bias is to break to the upside. We...
DE30EUR - intraday There is no clear indication that the upward move is coming to an end. A Doji style candle has been posted from the high. A lower correction is expected. Preferred trade is to buy on dips. 20 4hour EMA is at 15694. We look to Buy at 15705 (stop at 15605) Our profit targets will be 15955 and 16005 Resistance: 15869 / 15900 /...
Pair : Germany 30 Description : Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Completed the Retracement. If it Breaks the Daily Descending Trend Line and Retest then Buy otherwise it will Complete its " 5th " Impulsive Wave Entry Precautions : Wait for the Breakout or Retest