M1 : ATH @ 4036; Ongoing trend reversal in progress !
W1 : Bearish engulfing in progress (wait W1 closing for confirmation)
TS under attack, first significant support @ 3765 ahead of 3597, 3462 and
3326 (clouds support zone in this time frame)
D1 : Double top formation in progress coupled with a bearish divergence
trigger level @ 3882 (which should be confirmed on...
we advice looking for buy ,dont pick sell ,all company earnings come + too , this new down move is for force new trader open sell !!!!
when price is above daily Ema200(orange line) never never sell,looking for buy
our target is 3900
see FDAX1! , 6 month ago dax was in this condition so you will see 4000 then 4100
we strongly recomand dont sell (when price is above daily ema200) only looking for buy in deep and hold it until 4000(new high)
if you have old sell now,close it near 3600 and pick buy and hold near 3 week
instead sell,enjoy bull market,looking only buy,buystop on 15min high
Monitoring closely FESX over the past month, the chance for a high probability high r/r short opportunity has come. Don't miss it even for a small position just to try!
Following the fibo levels (1.618/2.618), it has turned long at end Oct and climbed to a high level of 3467 in this week after passing the 1.618 fibo level. On the 4 hourly RSI, it is...
After the huge drop in the beginning of the week, the market couldn't recover from the sudden shock it received, instead it kept consolidating forming a whipsaw closing the week with uncertainty.
We may see a waking up of the market by the start of the new week but since there is US presidential elections next week, things may go either great or worse.
The market continued to drop down from the beginning of this week making it one of several market that fell during week. We might see more dropping of the market due to France's foreign policy and its conflict with the Arab world specially since France monopolizes the biggest part in the Eurostoxx50 which negatively affected the rest of the participating countries...
After the fall of yesterday, the.Eurostoxx50 continued to move downward especially after crossing the 3112 barrier that the price retraced from, giving the bears the leads to take market down being supported with high volume that confirmed fall.
The market showed its intention to go bearish at the opening with significant rise of volume, then reversed for a while. But when the price broke the 3136 area, it got momentum and could move downward heavily the rest of the day.
The market started strong by pushing down as the bears entered the market with high volumes to put a great impact on the market, but the bulls have squeezed the sellers at 3138 giving a feeling that the market may reverse go heavily upward. But the price should break a very important area in order to continue its way upward which is 3169, and if the price could...
The price could break a very strong area at 3217 and then moved downward heavily with the support of big volumes, giving us a great opportunity to enter at 3214 and then exit the trade profitably at 3175. Congratulations champs!