Hi traders, Keep your eyes on lower time frame for your short term sell setups then we will be anticipating a nice wave to the upside to make a new high.
Seeing some opportunity for Germany's bearish continuation. Let's try to catch some pips. Et's see how this day rolls.
Opex has been pushing Dax into higher bars, but knowing dax, it wont continue to push up without reversing. so positioning myself to catch some pips as it reverses. Let's see how it rolls later in the day :)
Good luck Germany! You're not gonna escape the global market gravity, sorry.
We can make 2 more tops as shown in the figure with the max max of 14147 acording to past history It may come down next week, from wednesday, because in the first 2-3 days there is no big volatility concerns.
sell #dax 12402 and TP1=12285 take half of your gain and try to go to fill the gap on TP2=12187 ,also when u are around 12250 made a SL at 1290 like that if he up u are safe and with gain #dax30 #germany30 #dowjones #nasdaq #cac40 #sp500 #usdjpy overbought for china us trade talks i am sure e are on buy THE RUMOUR AND SELL THE NEWS
Short setup for Ger30, Rising wedge with bearsich divergence on macd and rsi.
he up because china us headlines but the most becuse of the wich of bce and german bank but market fully priced it so if bce is less dovish or even not act he will go more down than my 4tp also have 3 open lower gap we are overbought i real think is good timing to sell with a good ratio /risk /gain we can take now first easy 150-200 pts but i think we will in next...
I am staying bearish. Technicals might need a recalibration under current market conditions. I do not see the Dax flying to the moon soon, especially when the ripple effect of supply chain management across the world becomes a bigger issue and might get some stops and holds on their output - export of the automotive sector. Deutsche bank is not in the clear yet,...
*Please support this idea with a LIKE if it helps you. Thanks! More details about me in my signature. DAX30 - Elliott Wave Outlook Bearish Swings - Patterns: Triple Three structure in Super-Cycle Wave (IV) (green) W (purple) - Expanding Flat X (purple) - Three (false break-out) Y (purple) - Complex Flat with a Descending Triangle X (purple) - Running Flat Z...
No comment especially all german data like Pmi are so bad overbought also eurphoria about china /us trade talks
If you like this idea, please support it with a like. Thank you. DAX30 labeled as a Leading Diagonal in Intermediate (1) (blue), with a deep bearish retracement expected in Intermediate (2) (blue).
We can see a clear sell option in Ger 30,why? RSI on most time frames in hell. Bad economy data from Germany an EU. Open Interest rate May 2019 is at 11.500. We see first spikes of panik buys. -> We have US Index rise from 22% + since x-mas 2018. This will explode :D first we correct :D Good luck.
*If you like this idea, please support it with a like or share. Thank you. EU Indices crashed during the second part of 2018 and these bearish sequences were successfully tracked with the analysis in the related ideas . 2019 started with a bang!During the first quarter It was unclear if stock markets worldwide indeed were to recover like that. I have to admit,...
DAX almost completed a double top before it fell quite sharply, current price action seems like getting ready for fresh falls to test at least June lows. If you have your trading strategy, consider short setups. Trade Safe!