Pair : Germany 40 Index Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Lower Lows - Lower Highs Bullish Channel in Short Time Frame
Pair : German 40 Index Description : Bearish Channel as an Corrective Pattern in Short Time Frame and Completed " 123 " Impulsive Wave. Rejecting from the Lower Trend Line to complete the " 4th " Impulsive Wave and Retracement for the Break of Structure Entry Precaution : Wait for the Proper Rejection or Breakout of Trend Line
In my opinion, GER40 presents a slightly different perspective. If you observe the movement of the wave, you will notice a curve that is currently supporting it. Usually, when such a curve forms, the price tends to follow the same movement. Therefore, I believe that in the medium term, the price is likely to remain bearish. Furthermore, if you look at the current...
last week the price managed to form a new HH and at the close it looks corrected. the chances are that the price will still have a limited downside before continuing bullish.
Bullish trades setting up on the GER40. We will be looking for some pullbacks for entries.
Pair : GER40 ( German 40 Index ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame with the Breakout of the Lower Trend Line and Retracement Divergence Break of Structure Completed " 12345 " Impulsive Wave Exp FIAT as an Correction in STF
GER40 - 11h expiry - We look to Buy at 14041 (stop at 13954) Our short term bias remains positive. We look to buy dips. 20 4 hour EMA is at 14033. Our profit targets will be 14258 and 14298 Resistance: 14330 / 14400 / 14500 Support: 14170 / 14100 / 14000 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not...
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...
GER40 - Expires in 11 hours - We look to Buy at 12721 (stop at 12636) Our short term bias remains positive. 12705 has been pivotal. Bespoke support is located at 12700. We look to buy dips. Good risk reward to buy at market. Our profit targets will be 12925 and 12985 Resistance: 12900 / 13000 / 13100 Support: 12800 / 12700 / 12600 Risk Disclaimer The...
GER40 - Intraday 9pm UK expiry - We look to Buy at 12534 (stop at 12444) Short term bias has turned positive. A lower correction is expected. Bespoke support is located at 12500. We look to buy dips. Our profit targets will be 12744 and 12794 Resistance: 12900 / 13000 / 13100 Support: 12800 / 12700 / 12600 Risk Disclaimer The trade ideas beyond this...
GER40 - Intraday - We look to Sell a break of 12389 (stop at 12471) Daily signals are bearish. Short term momentum is bearish. Short term MACD has turned negative. 50 4hour EMA is at 12406. A break of yesterdays low would confirm bearish momentum. Our profit targets will be 12191 and 12131 Resistance: 12500 / 12600 / 12700 Support: 12400 / 12300 /...
GER40 - Intraday - We look to Buy at 12182 (stop at 12098) With signals for sentiment at oversold extremes, the dip could not be extended. A bullish reverse Head and Shoulders is forming. Bespoke support is located at 12000. We look to buy dips. The bullish engulfing candle on the daily chart is positive for sentiment. Our profit targets will be 12379 and...
GER40 - Intraday - We look to Buy at 13782 (stop at 13709) 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. We look to buy dips. 20 4hour EMA is at 13780. Our profit targets will be 13958 and 13998 Resistance: 13850 / 13900 / 14000 Support:...
GER40 - Intraday - We look to Buy at 12811 (stop at 12748) Expect trading to remain mixed and volatile. Previous resistance at 12800 now becomes support. We look to buy dips. 50 4hour EMA is at 12790. Our profit targets will be 12964 and 12994 Resistance: 13000 / 13100 / 13200 Support: 12900 / 12800 / 12700
GER40 - Intraday - We look to Sell at 12899 (stop at 12974) Daily signals are bearish. Bespoke resistance is located at 12900. Preferred trade is to sell into rallies. There is no clear indication that the downward move is coming to an end. Our profit targets will be 12704 and 12654 Resistance: 12800 / 12900 / 13000 Support: 12700 / 12600 / 12500
GER40 - Intraday - We look to Sell at 13799 (stop at 13881) There is no indication that the selloff is coming to an end. We look for a temporary move higher. We have a Gap open at Monday from 13800 to 13700. Our outlook is bearish. Our profit targets will be 13601 and 13551 Resistance: 13600 / 13700 / 13800 Support: 13500 / 13400 / 13300
GER40 - Intraday - We look to Buy at 14411 (stop at 14339) Our short term bias remains positive. We look to buy dips. 20 4hour EMA is at 14411. A lower correction is expected. Our profit targets will be 14588 and 14628 Resistance: 14600 / 14700 / 14800 Support: 14500 / 14400 / 14300