Hallo everyone, markets are crazy lately and beside the fact, that Germany is in a recession period the DAX were climbing up for several ATHs in the last weeks. I think this should find an end very soon, as we are testing the ultimate resistance area formed by trend lines from ATH prices in the past. Also my wave count is pointing to an fifth wave of a fifth...
Smart Indices Traders, NFP Trade master plan to Heist GERMANY 30/40 Market. my dear Looters U can enter after the NFP data there is high chance to go down side, Our target is Green Zone if it goes bearish side, Bullish side our target is Red Zone that is High risk Caution Pullback area, If There is any Bad news it make our heist very sad and if the news is...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
GER40 analysis is still in accordance with the analysis a few weeks ago, where prices tend to follow the bearish curve. Still at the same price target, prices tend to move towards the Fibo area of 1,618
Price is approaching our buy entry at 15822.7, which is a pullback support level and at the 38.2% fibo retracement. Our stop loss is at 15719.4, which is a pullback support level, 61.8% fibo retracement and 78.6% fibo projection. Take profit is 15992.2, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Price is in a bullish momentum currently, and could push towards our sell entry at 15984.5, which is an overlap resistance level, complemented by the 100% fibo projection and 127.2% fibo extension. Our stop loss is at 16133.8, which is above the 61.8% fibo retracement and 161.8% fibo extension. Take profit is at 15812.2, which is an overlap support. High Risk...
Price could potentially reach our sell entry at 15821.07, which is an overlap resistance level, and there is also multiple fibo confluences as well. There is a 78.6% fibo retracement and 61.8% fibo projection, which shows that this area could show signs of a reversal. Our stop loss is at 15909.2, which is above the swing high resistance where the long wick was...
Bullish/Bearish Momentum: The Macro PVVM, which indicates long-term trend, has been consistently increasing from 68 to 102. This is a strong sign of a bullish momentum in the long term. The indicator breached the overbought level (>100) on the last data point suggesting a strong bullish trend but also the potential risk of a pullback. The Micro PVVM,...
We're seeing price test a key overlap resistance at 15702 which also happens to line up with our 38.2% Fibonacci retracement. A reversal from this breakout level could see prices drop all the way down to test our recent swing low at 15508 again. We're seeing price rise towards a major overlap resistance at 0.8552 which also coincides with a 23.6% Fibonacci...
GER30 closed above a key horizontal level and has grabbed sellside liquidity. Expect price to grow high. Buy!
GER30 is close to a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 16007.70 Why we like it: There is an overlap resistance at the recent swing-high Stop Loss: 16109.20 Why we like it: There is an overlap resistance that aligns with the 127.20% Fibonacci extension Take Profit: 15707.45 Why...
Hello We are stuck in 1500 point range for long time, see no reason to go more up. Everyone is so bullish talking about all time high but . Is it possible? I think no, thats my educated quess for this trade. Pros: - Divergence on daily time frame - Inflation, - Bad data coming out, - War. Recently market moves without logic to me but thinking that people will...
Looking at the H4 chart, Price is approaching our sell entry at 15713.94, a swing high resistance level. If there is a reversal from this level, the price could drop to our take profit at 15480.74, which is a swing low support level. If the price were to break above, it could rally to hit our stop loss at 15920.63 which aligns with the -27.2% Fibonacci expansion....
Support occurs where a downtrend is expected to pause due to a concentration of demand.
Here is my view for GER30 on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Price has bounced off the 23.6% Fibonacci retracement, we could see the momentum carry price up to its take profit target. Entry: 14,872.48 Why we like it: There is a 61.8% Fibonacci retracement and a swing low support Stop Loss: 14,442.76 Why we like it: Swing low support Take Profit: 15,718.21 Why we like it: There is an overlap resistance Please be advised...
We're watching the support level of 14877 very closely as it's a major overlap, 23.6% Fib retracement and a break of this level, coinciding with the ichimoku cloud bearish exit, could trigger a massive drop to the next support level at 13863. It's also nice to see strong bearish divergence vs Stochastic suggesting we could see a big reversal upon the break of the...