DAX is rebounding after approaching two key pressure levels: the 1D MA200 (orange trend-line) and the 15040 Support (1). Last time the price rebounded on the level, it topped at 16,030 (current Resistance) after consolidated within a mini Bull Flag around the 1D MA50 (blue trend-line). The Flag signal is the MACD Bullish Cross so keep an eye. The medium-term...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Over the last years there were periods when US stocks outperform EU stocks and periods were EU stocks outperformed US stocks. Almost like a perfect oscillation. Currently EU stocks have been consolidating for quite some time and especially German stock, so maybe all stocks do well and EU ones do better. The secular trend when adjusted for EURUSD rates too, is...
Hey, The chart interprets my intents. Trade conservatively please. Happy Pips PPPDirhams XETR:DAX CURRENCYCOM:DE30 CAPITALCOM:DE30 FX:GER30 TVC:DEU30 OANDA:DE30EUR
15m timeframe giving me a short. TP1 smashed before posting idea.
We cannot get enough of this pun as the German leading index is yet again pushing for another bullish run. Even though it missed the target zone by less than 30 points, we are happy about the way things turned out and are looking forward to seeing the index reach the 16000 point mark. First, it has to crush through the 15590 point barrier which should not be a big...
Hello traders and investors! Today we will talk about very nice and clean Elliott Wave pattern on German DAX, where we can see a clear impulse in progress. We are tracking an impulsive five-wave cycle from 13300 lows nicely connected within channel range. And, after recent (A)-(B)-(C) corrective decline in wave 4, seems like DAX can be on the way even higher for...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
Please share your opinion
I am a consultant for anyone who needs a consultant, I see that MACDONALDS Corp will GO UP IN FEW DAYS when the market open 1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position 2 (When I...
Germany DAX 30 - if things unfold slowly... I could imagine that it would develop like this. The temporal extension of the pattern is uncertain. Market time is relative. It can happen faster or slower. Just an idea to share and to check later. No investment advice. Use your own judgment to trade. Stay safe, everyone. ReallyMe