Pattern: Channel Up on 1D. Signal: Sell as the MACD is flatlined and could repeat the September 2020 sequence. Target: The 1D MA50. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !!...
The G30 is bullish but in a corrective stage. Either it will close the gap at the last week's point or at the last month's point.
Stable under Yellow zone will get SELL ENTRY point = 13700 Blu line = TP Red line = SL
GER30 - Intraday - We look to Sell a break of 13759 (stop at 13831) We are trading at overbought extremes. A higher correction is expected. A break of 13770 is needed to confirm follow through negative momentum. With signals for sentiment at overbought extremes, the rally could not be extended. Our profit targets will be 13543 and 13413 Resistance: 13900 /...
this is a short as in it really near all time high and soon going to break because of global reasoner that are going in the upcoming time. in a bigger picture it is following a very high push upwards so might as well go for another high records but it closely follows Dow. the new York exchange and hence can be highly volatile due to the pandemic . overall many...
Hy dear Members. Now we are here to discuss about Nas100. Nas100 is moving in a ascending channel so it has maximum Chances to go up to the Price level 13.6k Price level. As it is daily chart so it can take time to achieve this Target. Keep in touch we will update further soon .
The German DAX index has opened with a huge bearish gap. Thus, the market seems to fall below the key support level at 13452 which has been a previous resistance. Currently, the market is testing another potential support at 13022. However, if it is broken we may expect another sell-off with a potential target at a previous gap near 50 percent Fibo...
Sometimes you will find it is difficult to identify the wave structures in detail. The best way to overcome this issue is to calculate the number of waves that appear in the chart. if 7 or 11 that means the wave is a corrective wave. If 9 or 14 that means impulse wave. In DAX I found 7 waves which means the corrective wave is about to complete but there is a small...
German index DAX has broken first potential support at 13167. It has been set by the equality of the corrective movements. Currently the market is at the next potential support set by previous local lows near 13000 pts. If it is broken we may expect a larger correction with key support set by the bullish gap and by the 38,2 Fibo retracement. It could also be a...