After a long-term Bullish trend, the historical resistance of the index broke. In the daily time frame, the downward trend has started and will continue until reaching the support areas. To notify analysis and the free signals: Boost and follow, Comment for more.
Technical Analysis for Deutsche Bank Shares: 1. Bullish Diamond Fractal Formation: Deutsche Bank shares are currently exhibiting a notable technical pattern known as a Bullish Diamond Fractal. This pattern suggests a potential reversal in the prevailing downtrend, indicating a shift in market sentiment in favor of the bulls. 2. Key Levels and Targets:...
The price failed to break this support level to the downside. Doji candle formed by the support region, however, so I am pretty confident it will retrace upwards in the upcoming week.
European equity markets, especially the German DAX, are poised with a bullish sentiment despite concerns about a potential economic slowdown in 2024. Analysts surveyed anticipate a moderate increase in European benchmarks, projecting a 4.1% rise for the pan-European STOXX 600 index and a 2.5% increase for the Euro STOXX 50 index by the end of next year. Amid...
Pair : Germany 30 Description : Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Completed the Retracement. If it Breaks the Daily Descending Trend Line and Retest then Buy otherwise it will Complete its " 5th " Impulsive Wave Entry Precautions : Wait for the Breakout or Retest
Pair : DE30EUR - Germany 30 Description : Bearish Channel in Short Time Frame and Long Time Frame as an Corrective Pattern , In LTF its Rejecting from the Lower Trend Line and in STF it has Breakout the Upper Trend Line. Break of Structure and Divergence Entry Precautions : Wait until it Complete its Retest or Rejects from Previous Support
Stockmarkets and Indices could get very interesting starting this October here are my observations....
DE30 has been ranging for as long as time could tell , However, looking at the chart painted currently, price is posed to rise to 16050 and above especially on a swing view
Recent market movements in Germany and Shanghai have unveiled an intriguing confluence of factors worth exploring. In Germany, the monthly market trends reveal a mixed narrative. While the indices have shown a bearish trend over the last few months, there are hints of optimism. The Tenkan-Sen remains above the Kijun-Sen, and the price is positioned above the...
Hi, According to the ger30 index analysis. There is a good chance to buy. The market broke a bearish flag. It also broke the strong resistance level at 15790. The market started to form an ascending channel, as shown in the analysis. Buyers power guide. Good luck everyone
View On German Index DAX (23 Aug 2023) DAX is in * Bullish in short term (Intraweek) * Bearish in Mid term (1 to 3 months) * Neutral Long term (3 months onward) DAX is the wild big swing recently from 15,500 to 16,500 recently. Basically it is a 1,000 swing and it has hit the support of 15,500 region for the second time in 2 months. We are currently...
Pair : DE30EUR ( Germany 30 Index ) Description : Consolidation Phase Impulse Correction SMC - CHOCH Bearish Channel in Short Time Frame Fibonacci Level - 61.80%
Following daily chart. Got a short signal from my indicator. TP 1.0785 SL 1.0941 - Please wait for daily close.
DAX at support and testing if can't break can rise tp resistanc we can sell at resistance and if can break support now we can sell bellow the support and take profit's next support zones
OANDA:DE30EUR .GOOD EVENING TRADERS! Havent been too active lately but heres my bias for GERMAN 30. Comments on this trade will be much appreciated.
Pair : Germany30 INDEX Description : Impulse Correction Falling Wedge as an Corrective Pattern in STF Completed " ABC " Correction RSI - Divergence SMC - CHoCH Break of Structure