I like this setup, because i like this stock fundamentally, and the chart is also showing a nice buy setup.
Now could it fail and fall ? Of course, in this markets there is nothing sure, thats why there is a stop loss below the last swing low.
In case it cant break the 100€ there is a defined risk i am taking, this is all i can do.
Target is 115-120€
Blessings..
intraday possible scenario for DAX
Potential targets on the chart.
Alternative scenario on the chart.
Let`s see.
I will comment on the idea, as events unfold.
High risk trade!
Thank you for your attention.
Good morning traders. Basiclly im still short from yesterday top = 61.8% retrace = 12370.
Our Problem is SPX is keep bumping the 200MA on the 1hr chart. and hold. So daxi stuck here.
2 options on the table. SPX bounce once again. could leed daxi back to 12400.
SPX breaks 200MA down. daxi RED.
watch the fib lines for possibale turn point + the orange pivots as...
Good morning Traders. We are in really diffcult time in US market. Good news mixed with korea fear. But lets not trade the news.
I will expect US market to keep pushing (labor day, low volume, bullish bias). Question is until when ?
So stay tunes.
for daxi we might see some morning profit takeing, but thats not a must.
Drive safe !!
This german stock is fundamentally strong, i read alot of good things about it. Couple it with this chart and you have a conviction buy setup.
Looking for dips toward 10€ to jump in.
Blessings to you all.
Good morning traders. Bulls in power, but they need to rest soon. 2 things 2 watch - 1 - 12335 - if breaks and hold we continue up. 2 - us market. if continue high then daxi will follow
Enjoy the ride.
Good morning Traders. Summer sale is here. question is when will we see some retrace.
We might just see US continue to slip slope.
Just to remind you, in last 2 Fridays we had great volatility.
Im still not convinced DAXI had bottomed.
Drive safe.
Good morning traders.
Today 12350 is our target. it it fail to hold then the way down is open. i still expect US market to do some topping.
So we might see morning sell-off, to around 50% retrace MAX, then, IF, US will top, DAX will follow.
still Bearish pattern on the 4Hr chart.
Save Drive.
Good morning Trader. Did US hit first top and reversing now ? We will watch that closely.
Assuming it is the case first TP is printed. BUT, is the guys @ us still bull for today we might see daxi goes up .
So im bearish for the morning, But use stops to lock in profit
Expanding channel breakout confirmed last week
Yield sought support of the channel ceiling earlier this week and now staging a rebound
A break above the previous week's high of 0.58% would open doors for 0.67% (weekly 200-MA).
Sell Euros if the yield breaks below 0.50% levels. Dips to weekly 5-MA likely to be short lived.
Good morning Trader. As much as i know we all looking for Bearish attack, i still stick with BULLS, for now.
BUT, we must watch CRUDE OIL. as one can drag down markets.
I can still see Bulls momentum here in 1 hr chart.
so lets see how today will fold.
there is a bearish engulfing pattern on the DAX 4H chart. It looks like we might have hit a stronger resistance area than expected. Beware of the daily pinbar, as well.
