Pattern: Channel Up on 4H. Signal: Buy once the price approaches the 4H MA50, which has been supporting since November 19. Target: 13500 (+1.75 projected rise from the 4H MA50 contact). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
USOIL Is also Moving According our Analysis from last few days. Now this is in Retesting Period. And it can touch Price level 43.60 that is a strong Support level. It has maximum Chances that it will bounce back from this price level. Keep in touch we will update further soon.
In this video, we take a look at how Manufacturing PMI data in Europe and Germany is used by the investment community to know when to buy or sell stocks with the European region. This economic indicator is a powerful tool we can use to a clear idea as to the expected performance of the German 30 index and STOXX600 Index. Manufacturing PMI data is available on...
DAX30 shorting idea fiboretreacement. Please consider your own Levels risk. Good Luck
My view on the German Dax.
from 200 to 0.51 Almost 400X 63.674M Market Cap If it doesn`t bounce from here, then when?
Massive bearish divergences occurring. Month of Dec will be bearish I believe and ill be loading shorts from between a range of 13200 - 13300
we are at strong daily resistance and over extended to the upside on higher timeframes, dropping down on the 4hr we can see market is consolidating in this triangle formation, we will be watching to see which way it breaks and on the retest we can look to enter.
Why are we selling? Updates in bold Price is expensive and volatile - during the election process in the US, the worlds relationships are affected The election is coming closer <8 days. The S&P500 and NAS100 are not shown here but use reference for our previous ideas to show where price has reached our over exposed markers. The stocks have recovered well...
GER30 - Intraday - We look to Sell a break of 13028 (stop at 13151) We are trading at overbought extremes. We have a Gap open at Monday from 12478 to 12668. A higher correction is expected. Rallies should be capped by yesterday's high. We look for a temporary move lower. Short term MACD has turned negative. With signals for sentiment at overbought extremes, the...
I feel that price will attempt to test 50% of most recent low. The stochastic line is testing the lower half and I know earlier this week price over exaggerated. I used the fibonnaci to retrace certain percentage points to take advantage of the pullback. I will trail my stop loss once I get a decent amount into profit! TP's: 1. 12844.31 2. 12670.22 3. ...
Looking at the German DAX index we could spot a potential V-shape reversal pattern. DAX has reached the target for the bears which was mentioned in our previous analysis at 11545. Since then the market bounced back. It seems that the worse Q4 2020 in the German economy has been discounted by the market and currently the index is trying to evaluate the rebound in...
Hello my friends, Second setup for today is German index which is known as DAX. Some brokers use DAX on it quotation, others use GER30 / DEU30. Anyway, they are the same indicies if i am not wrong. Feel free to correct me if i am wrong. There is a shooting star candle / bearish pinbar candle on the daily timeframe. It appeared exactly at horizontal...