Pair : DE30EUR ( Germany30 )
Description :
Impulse and Correction Completed in a Corrective Pattern " Symmetrical Triangle " in Short Time Frame and it has breakout the Lower Trend Line and Completed the Retracement. We have Break of Structure and Divergence
Pair : DE30EUR ( Germany 30 )
Description :
It has Completed the Impulsive Wave " 12345 " and Corrective Wave " AB " at Fibonacci Retracement Level - 38.20% and it has also Completed the Breakout and Retracement for the Corrective Pattern " Bearish Channel " in Short Time Frame
GER40 - 24h expiry
The primary trend remains bullish.
We look to buy dips.
We are trading at oversold extremes.
50 1-day EMA is at 16050.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
We look to Buy at 16051 (stop at 15951)
Our profit targets will be 16301 and 16351
Resistance: 16150 / 16250 /...
GER40 - 24h expiry
Short term oscillators have turned positive.
Previous resistance at 15750 now becomes support.
The primary trend remains bullish.
Prices have reacted from 15450.
Trading volume is increasing.
We look to Buy at 15741 (stop at 15641)
Our profit targets will be 15991 and 16051
Resistance: 15851 / 15900 / 16000
Support: 15800 / 15750 /...
GER40 - 24h expiry
We are trading at overbought extremes.
Price action continues to trade around the all-time highs.
The previous swing high is located at 16333.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Rallies should be capped by yesterday's high.
Bespoke resistance is located at 16300.
We look...
GER40 - 24h expiry
Price action continues to trade around the all-time highs.
16301 has been pivotal.
Short-term momentum is bullish.
We are trading at overbought extremes.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
We look to Sell at 16297 (stop at 16377)
Our...
GER40 -
Our short term bias remains negative.
The bias is to break to the downside.
News events could adversley affect the short term technical picture.
A higher correction is expected.
A break of the recent low at 15069 should result in a further move lower.
Our profit targets will be 14759 and 14709
22h expiry - We look to Sell a break of 15059 (stop...
Hello Traders,
What's surprising is that while I'm preparing to post this entry, I've got the entry and the profit target has been reached, but I'm posting two more entries for the future.
If we look at the 1 hour chart this index was travelling in a descending triangular pattern. Now it has given a breakdown and currently the price is falling in this ...
GER40 - Intraday
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.
The bearish engulfing candle on the daily chart is negative for sentiment.
Short term momentum is bearish.
50 4hour EMA is at 15490.
We look...
GER40 - Intraday - We look to Buy at 15422 (stop at 15342)
There is no clear indication that the upward move is coming to an end.
Daily signals are bullish.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
20 4hour EMA is at 15421.
A lower correction is expected.
Our profit...
DE30 is currently in a Minuette-v correction. After a bearish impulse move price got rejected within 61.8% fibo retracement which is also a minor resistance. Price is again headed towards that zone and I'll be waiting for a convincing impulse back down. Since it is Minuette-v correction, I will keep my target below Minuette-iv
If this setup doesn't present itself...
