1) BULLISH CHANNEL 2) BREAKING MINOR SUPPORT 3) ON A PULL BACK 4) CREATING A NEW LOWER HIGH & More... I would expect price to rally to at least 10624 as we are on a pull back.
1) BEARISH CHANNEL BREAK 2) New Bullish Channel with strong HH & HL'S 3)MAJOR KEY LEVELS AND RESISTANCE AT 1052 4) Currently holding at a major 4hr support zone & more.. Expecting price to rally back up to 1065 which is also another key level Leave a comment, like and share.
Bayer have just taken over Monsanto. This is huge as it brings together two of the biggest pharmaceutical firms globally. Looking technically, I can see some severe upside where investors look to pile into this now global powerhouse (takeover valued at $68bn). I would expect a rally to $112 based off of current market structure and the bullish harami pattern. I...
After strog donw impuls. I wait correction and overlap GAP
The DAX continues to look healthy, and the potential pullback in this market should only have buyers interested. The breaking above of the 10800 level should be a sign we are continuing the uptrend. I think that the 10,400 level below is the 'floor' in this market as well.....
Long time i think about DAX. I see one Global chanel(RED) and smaller channel (Black). In all channels shall be downward movement. Every order to open with SL Have good profit my people!
Bullspring-Trading.com DAX Trading Map 2016
It was a pain trading the DAX all of last week. Several candles indicated tactical bounces off important breakout supports around 10470 - 490, however the index failed to distance itself from key supports, decisively. Friday ended the week with a bullish engulfing pattern. Bigger picture, we are looking at a descending triangle pattern, which I expect to resolve...