XETR:DB1 Using HeikinAshi candles and daily TF on Deutsche Börse shows that $DB1 movement is in good agreement with ma (9-60) and rsi. Each price drop (from start until rsi reversal from 30) usually takes 13 to 70 bars. Currently we are at the 23th-bar. Due to current doubts in market, it can continue to drop and test both support 1 and 2 but the recent...
I believe that we will see a final decline in the German Stock Exchange index, in order to complete the expanding triangle, which is wave 4
Based my strategy, This chart has started new uptrend and entry suggested by setting a sure SL for the buying position.
Midway through January, the yield on the benchmark German 10-year Bund fell to below 2.2%, reaching its lowest level in almost a month. This decline in yield followed a global decline in borrowing costs and coincided with signs that inflationary pressures globally are slowing, primarily because of a decline in natural gas prices. The effect is significant on the...
Since fibs triggered a bit higher, expecting to push at least into 4.236 confluences Style of next leg down will define wether impulse to valhalla or sucker rally Hold my beer pls ---- No financial advice, do your own research, don't be stupid
The stock is working in a larger inclining channel pattern - supporting a bullish underlying trend. Furthermore, a complex Eliott wave count is busy unfolding (see the red A, B, C, D and E). Eventual upside to 333 and 346 seems likely. Stop-loss at 288. Key resistance at 314 and key suppport at 271. Technical rating: medium
clearly stated profit targets and all that..........
One of the iPOs that I've tracking, and following a standard pattern. Together with a short term (or likely more) top in EU indices, we should see this go much lower after the initial move liquidating early shorters and now FOMO buyers. Red line is stop loss, Green lines are TP1 and 2, respectively. GL
Everything mentioned in the chart. In Elliott Wave perspective often shares started on a higher level, formed a TOP in the past and than turned down to a longer lasting correction. - like AXA did. More information in the near future.
Zalando showing relative strength Increased buying volume around 20–25€ RSI above 50 Breakout 80 MA TP1 30€ or waiting for reversal to 25€ then TP2 40€ TP3 50€ exit before correction 25€ is also high volume note of 2022, expected to become new baseline support
Although there is a cup handle formation in the chart, the targets are determined according to Fibonacci.
Although there is a cup-handle formation on the chart, the targets are determined according to Fibonacci. Let's look for closures where I indicated with X for the formation.
Prices broke the low. Targets are determined according to fibonacci. As the price stays above the wedge, the direction is up.
will wait for the trend to respect resistance. then there will be a bearish trend. Bullish indicator 1- Bearish butterfly formed 2- There is strong resistance at $9.059
DAX formed a Massive Falling wedge in 2022. Remember a Falling Wedge is >1 month... A Pennant is < 1 Month The 7 >21 >200MA and the RSI is well above 50 showing upside to come. The target remains at 16,375 HOLD - BULLISH\ The January Effect where investors and institutions are still buying stocks and assets to start the year. They have offset their taxes and are...
According to the pullback, the resistance is broken and the pullback confirmation can be entered into a buy position with the target of the specified high level. Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per...
According to the pullback, the resistance is broken and the pullback confirmation can be entered into a buy position with the target of the specified high level. Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per...