Hi traders. Feel's BULLISH to me, with on going of wave 5. SPX support US and weak EURO to. RSI bullish. Green Dot on WT_CROSS_LB indicator. Drive sfae EURo will meet 200 MA - GREEN line -- SHoRT EURO = LONG DAX SPX - Bull Rsi - long call was perfect @ the 61.8% retrace
Ger30 is at supply along with a .618 retracement.
supply zone hit the 618 level on the retracement. looking for a short
The price has break out from the channel is looking at a possible upside after a retracement.
You can check trade full fundamental and technical analyses in YouTube.
We have a 5-0 pattern followed by a bearish AB=CD structure, close to 50% retracement. Prices are currently testing the D point. If it breaks upward, it will quickly rally up to 88.6% (13400) If AB=CD effectively rejects, then it will fall like a rock.
not very confident about this expanded flat count but it is possible. if the rally from 11726.6 is the first wave of final 5, we should expect another wave ii pullback that may offer opportunity to trade for the upside.
DAX 30, looking to breakout and fill the upper gap by breaking resistance. A good volume day will eventually breakthrough the resistance and end the range bound trading