demand for EU50EUR has been on a sustained up trend for several weeks now, and discounts has been offered miserly based on the 10EMA as seen on previous Black Friday Sales.
I have placed an Buy Limit near the 10EMA discounted zone, expecting the order to get triggered.
Since this trade is being read on the Daily Time Frame, the amount of time it would take for...
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:...
The market is very overbought. Pullback is a matter of time.
As Christmas holiday is coming not sure if it happens in Dec or beginning of Jan.
4330 previously was a strong resistance so I’m expecting this it become strong support durrring market correction.
Trade Idea: Selling EU50
Reasoning: Major resistance on the weekly chart
Entry Level: 4393
Take Profit Level: 4347
Stop Loss: 4412
Risk/Reward: 2.25/1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
Trade Idea: Buying EU50
Reasoning: Breaking from a wedge
Entry Level: 4316.6
Take Profit Level: 4365
Stop Loss: 4291
Risk/Reward: 2:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
Trade Idea: Selling EU50
Reasoning: Speculative sell, stalling at the highs?
Entry Level: 4324.1
Take Profit Level: 4204
Stop Loss: 4343
Risk/Reward: 6.91:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...
●● Preferred count
● SX5E ( TVC ) , 🕐TF: 1W
Fig.1
The Euro Stoxx 50 Index is the main index in the Eurozone. The components of the index are companies that are leaders in their industries - 50 companies from 12 eurozone countries: Austria, Belgium, Germany, Greece, Ireland, Spain, Italy, Luxembourg, the Netherlands, Portugal, Finland and...
EU50 recorded yet another several consecutive days of gains. The price has crossed upper limit of parallel increasing channel with RSI crossing level of 73.
Similar situation occurred in Sep this year whereas RSI remained slightly below 70 yet the index recorded a visible fall to roughly 0.5 level fib retracement.
Current fibo retracement indicate possible fall...
As we are still in a bullish trend this trend has showed no signs of weakness and seems as if it is a continuous trend to the upside. we waiting for long confirmations on smaller time frames.
EURO STOXX 50 INDEX is the "lighthouse" of all the other EU index.
It's a little bit too early to speak about Elliot Wave Pattern but:
if confirmed we wait for it to 2560 Area. So all the other index.
#DAX first of all.
If the price will hold above the 5-Years High I will look for the Buy entry.
But if it is only a false breakout and daily candle will close below it will be Sell.
Waiting for the confirmation.
Dear followers, the best "Thank you" will be your likes and comments!
Before to trade my ideas make your own analysis.
Thanks for your support!
We can open Sell after the false breakout of Historical Key Level 3824.0.
The price was at that level 5 years ago.
Potential profit will be in 3...5 times bigger than risk.
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Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
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I Publish Daily chart updates on over 49 Assets including Forex pairs, Indices, Commodities, Metals, Cryptos and more. Watch them via the above link
