The Dax40 broke a lower time frame structure, 17930 was a support which was respected at lot, but a quick scapl can be spotted. The trend is although still bullish but the short term bearish setup could be placed upon retest of the structure.
After price broke structure to the downside, it retraced and retested a supply zone before preceding to break further structure with momentum. Before it broke the latest low, it formed liquidity right below a golden zone that it is currently retracing towards. It is this liquidity that it could use to fuel it's move to the downside to take out the latest weak low...
I laid everything on the charts refer to it and you'll find yourselves in a good swing entry, be patient and yoou'll find your rhythm, it all depends on price action.
GER40 - 24h expiry - Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action has posted a Doji candle and confirms a possible stall in the recent move. The trend of higher intraday lows has also been broken. We are trading at overbought extremes. A higher correction is expected. A break of the...
GER40 - Intraday - We look to Sell a break of 15279 (stop at 15359) Overbought signals and exhaustion indicators offer fair reason to sell the index but we prefer to see a break of support before fading this impressive move. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Short term indicators have turned...
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GER40 - Intraday - We look to Sell a break of 15029 (stop at 15119) We are trading at overbought extremes. A higher correction is expected. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower...
ger 40 potential sell. The price looks exhausted+ its ranging at potential resistance. ger 40 potential sell. The price looks exhausted+ its ranging at potential resistance.
RSI and MACD indicator shows a downtrend possibility, plus the 0.50 level of the Fibonacci retracement level is close to the target of 12500, where the bottom line of the uptrend and the upper line of the downtrend are grossing.
GER40 - Intraday - We look to Sell a break of 14239 (stop at 14331) Short term bias has turned negative. The trend of higher intraday lows has also been broken. Our outlook is bearish. We look for losses to be extended today. A break of yesterdays low would confirm bearish momentum. 20 1day EMA is at 14240. Our profit targets will be 14012 and 13962...
GER40 - Intraday - We look to Buy at 14433 (stop at 14364) Intraday signals are bullish. Our short term bias remains positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. The trend of higher lows is located at 14430. We look to buy dips. Our profit targets will be 14598 and...
GER40 - Intraday - We look to Sell a break of 14319 (stop at 14401) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Posted a Treble Top formation. A bearish Head and Shoulders is forming. A break of yesterdays low would confirm bearish momentum. Bearish engulfing has been posted on last candle. Our profit...
GER40 - Intraday - We look to Sell at 14549 (stop at 14631) We are trading at overbought extremes. Posted a Treble Top formation. Rallies should be capped by yesterday's high. We look for a temporary move higher. Bearish divergence is expected to cap gains. Our profit targets will be 14346 and 14306 Resistance: 14500 / 14550 / 14583 Support: 14440 / 14380...
GER40 - Intraday - We look to Sell a break of 12999 (stop at 13091) The bearish engulfing candle on the daily chart is negative for sentiment. A break of yesterdays low would confirm bearish momentum. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. The bias is to break to the downside. Our profit targets...
GER40 - 11h expiry - We look to Sell a break of 13098 (stop at 13171) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. 50 4hour EMA is at 13140. A break of yesterdays low would confirm bearish momentum. A close below the key support at 13100 is expected to lead to further selling pressure. The bearish...
we have triangle on reversal pos . revers will take 4 high . 3 of them had done . we have order on block order near 13100. lets watch results.
Raising wedge breakout observed. Stoploss set few pips above the upper slope TP set as per the back of the wedge
GER40 - Intraday - We look to Sell a break of 12079 (stop at 12171) Trades with a bearish descending triangle formation. The bias is to break to the downside. 12096 has been pivotal. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended today. Our profit targets will be 11861 and 11811 Resistance: 12200 / 12300 /...