GER30 - Intraday - We look to Sell a break of 14566 (stop at 14624) Trend line support is located at 14590. Bespoke support is located at 14570. A break of 14570 is needed to confirm follow through negative momentum. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. Our outlook is bearish. Our...
GER30 - Intraday - We look to Sell a break of 14448 (stop at 14512) Price action has formed an expanding wedge formation. The trend of higher intraday lows has also been broken. Trading within a Bearish Channel formation. Trend line support is located at 14485. 20 4hour EMA is at 14486. A break of bespoke support at 14470, and the move lower is already...
GER30 - Intraday - We look to Buy a break of 14611 (stop at 14549) Price action has formed a bullish ascending triangle formation. Daily signals are bullish. We look for gains to be extended today. A break of yesterdays high would confirm bullish momentum. Our profit targets will be 14779 and 14862 Resistance: 14600 / 14700 / 14800 Support: 14500 / 14470 / 14000
GER30 - Vision- -Price action has formed an ABCD pattern on higher frames. -RSI is showing a significant sentiment of an overbought market. -Exhausted bullish momentum is visible near the resistance trend line as well on the MACD and other indicators. -Bearish Flags / Triangles are movement continuation patterns. -Consolidation is generally interpreted as market...
Do you trade the Dax? The long didn't quite hit TP, but closed on reverse signal and followed with the sell (check the trade history below) Entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I...
GER30 - Intraday - We look to Sell a break of 14332 (stop at 14401) Price action has formed an expanding wedge formation. Short term MACD has turned negative. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower....
GER30 - Intraday - We look to Buy a break of 14621 (stop at 14559) Daily signals are bullish. Price continues to trade within the triangle formation. A move through bespoke resistance at 14600 and we look for extended gains. We look for gains to be extended today. Our profit targets will be 14786 and 14866 Resistance: 14600 / 14700 / 14800 Support: 14520 /...
The DAX has broken out of its 5-year long channel, with the last time being early 2018. This time, however, there is substantial support found around the 14150 level. With the ECB speeding up their PEPP in order to quell rising bond yields, the DAX is fundamentally poised to continue moving up. The ZEW Economic Sentiment comes out on Tuesday, which has previously...
I want to see a slight push before we sell off aggressively into the target level marked. I have marked out the level I will be taking partial profits at as well as the SL placement.
A DE 30 Symmetrical tringle wave is clearly designed. The collapse can occur either between the upper or lower slope axes. The EUR will take on a bearish nature if the pattern breaks the upward slope of the tringle. On the other hand, if the pattern breaks the downward slope of the tringle, the EUR could certainly be subject to strong bull pressure. At this point...
GER30 - Intraday - We look to Sell at 13909 (stop at 13981) 20 4hour EMA is at 13900. Short term indicators have turned negative. Trading close to the psychological 14000 level. Preferred trade is to sell into rallies. The previous swing high is located at 13900. Our profit targets will be 13682 and 13582 Resistance: 13900 / 14000 / 14100 Support: 13800...
GER30 - Intraday - We look to Sell at 14099 (stop at 14181) Trend line resistance is located at 14100. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Bespoke resistance is located at 14100. The trend of higher lows is located at 14100. Preferred trade is to sell into rallies. Our profit targets will be...
GER30 - Intraday - We look to Buy at 13617 (stop at 13555) Dips continue to attract buyers. We look to buy dips. Pivot support is at 13567. Dip buying offers good risk/reward. Our profit targets will be 13803 and 13893 Resistance: 13800 / 13900 / 14000 Support: 13670 / 13600 / 13570
hello traders and investors , DAX 30 (German 30) unable to make new high , 14140 is become strong resistance . as we see double top here it is good sell signal , but we will wait for neck line to break and retest before going short. with target 13400.
OANDA:DE30EUR DE30EUR 2021 Feb 22 Week (intraday) Green/Red zones = preferred entry zone Since price is in a rotation zone between 13825 - 14190, let's see if this is distribution in progress. Daily chart shows last bar closing higher than 2nd last bar, and close is above middle of bar shows some demand there. Scenario1: H1 shows higher lows. Let's see...
OANDA:DE30EUR DE30EUR 2021 Feb 15Week (Intraday) Green/Red zones = preferred entry zone Moving back into a previous supply area Chart shows diminishing supply, however buy side doesn't have much participation either. Will follow channel at the moment to buy after price dip. 13925 acts as the immediate guide if market can maintain its strength. Have a...
GER30 - Intraday - We look to Sell a break of 13988 (stop at 14066) Daily signals for sentiment are at overbought extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. A higher correction is expected. A move through 14000 will confirm the bearish momentum. Our profit targets will be 13706 and 13616...