1:2 Tp hit, bearish overall structure. 1:2 Tp hit, bearish overall structure. Waiting for market to mitigate institutional buy zone. Shortby leoseitz50
Nighty-NightDouble-Top. LOTS of Institutional Sellers... Classic Sell pattern... Shortby sofearnotUpdated 11118
DAX Elliott Wave Analysis for Wednesday 17/01/2024In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded. The primary scenario suggests that we are working on wave 4 as a WXY structure.06:12by AndyCuckoo4
#IGHandle #Kurt_MKG_fx #2024 #Indices#Ger30 #Dax #Indices Still looking to take advantage of the bullish movement. GLongby im_kurt_mkg0
RR=1.67 sell ideaBearish Shark pattern + Breakout of rising wedge with pullback + double top in formation PS never risk more than 2% of your capital per trade Shortby slim72
DAX Channel Down aiming at 16000DAX (DE40) has transitioned into a Channel Down pattern following the December 14 top rejection on the Higher Highs trend-line. The 1D MA50 (blue trend-line) is fast approaching as the first level of Support but we expect it downtrend to bottom lower as resembles the declines of August 2023, March 2023 and December 2022 both on price and 1D RSI terms. All those declines have been extended at least to -6.50% so if the current pattern continues to replicate them, we expect a 1D MA200 (orange trend-line) test. As a result our Target is 16000, exactly at the top of the Support Zone. We will buy for the medium-term once the 1D RSI starts making Higher Lows (buy on the 2nd Higher Low) at below neutral levels. The 1W MA100 (yellow trend-line) is the long-term Support. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot14
GER 30 INDEX SELL So we are selling this one from the high to the low i smell a dump GShortby rasmarcusgarvey2
GER 40 H1 / SHORT TRADE PERSPECTIVE GER INDEX 💶💲Hello Traders! This is my idea related to GER4 40. I see two resistance levels and I expect a bearish domination, taking into consideration the evolution of previous days, it looks very likely to go bearish. I will set two targets, the first resistance and the second resistance level. I'm very curious about the move of the GER index this week. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com Shortby GoodTradeST5
Weekly Technical Analysis 15/01/2024Start your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. -------------------------------------------------------------------------------- Germany 40 Germany 40 is now exhibiting a neutral trend. The price is oscillating around the 20-period VWAP of 16,676. The index finds support at 16,533 and resistance at 16,824. The RSI has risen to 53, indicating a market that is neither overbought nor oversold, allowing for potential movement in either direction. UK 100 UK 100 is showing a neutral trend with the price consolidating around the 20-period VWAP of 7,685. Support is now at 7,600, with resistance at 7,770. The RSI has decreased to 44, suggesting a market that may continue its downward trajectory. Wall Street Wall Street is currently in a bullish trend with the price consistently above the 20-period VWAP of 37,540. It has support at 37,286 and resistance at 37,795. The RSI is at 60, indicating moderate bullish momentum that has come down from overbought conditions. Brent Crude Oil Brent Crude Oil is in a neutral phase following a downtrend, with the price just under the 20-period VWAP of 78.28. The commodity has support at 75.94 and resistance at 80.62. The RSI of 48 suggests a market that is neither overbought or oversold, but the bearish trend might persist. Gold Gold remains neutral, with the price now trading back and forth around the 20-period VWAP of 2,053. Support is at 2,023, and resistance is found at 2,078. An RSI of 56 shows moderate bullish momentum without imminent overbought concerns. EUR/USD EUR/USD has shifted to a neutral trend with the current price below the 20-period VWAP of 1.098. Support lies at 1.087, and resistance is at 1.109. The RSI at 48 indicates a moderate bearish momentum, suggesting potential continuation downwards. GBP/USD GBP/USD is now demonstrating a neutral to bullish trend, trading mostly above its 20-period VWAP of 1.2717. The pair has support at 1.2640 and faces resistance at 1.2793. The RSI stands at 52, suggesting a balanced market with potential for movement in either direction. USD/JPY USD/JPY has turned bullish with its price above the 20-period VWAP of 143.37. It has established support at 140.10 and resistance at 146.65. The RSI at 58 leans towards bullish momentum, which could lead to continued upward movement. by Spreadex0
DAX IdeeaI am expecting price to move a little bit down before pushing for the HH that I marked on the chart. Let's see !Longby AlexRacariuUpdated 5
✅DAX BUYING OPPORTUNITY|LONG🚀 ✅DAX will keep growing Because the index broke the Key horizontal level of 16,400 Retested it and is going up again All while trading in an uptrend So I think that we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFxUpdated 4
DAX Elliott Wave Analysis for Monday 15/01/2024 (+ HTF)In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded. The primary scenario suggests that wave 4 has finished as an ABC structure. Doing the double correction as a WXY cannot be excluded.16:22by AndyCuckoo1
GER30Price created an ascending channel at the top of the structure with a three touch towards the daily high or ray line. later price moved impulsively to the downside . we are now waiting for a convincing correction or three touch flag to complete the move to the 90% rule. GShortby stylesbylethabo336
DAX Elliott Wave Analysis for Friday 12/01/2024In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded. The primary scenario suggests that wave 4 has finished as an ABC structure. 06:38by AndyCuckoo4
DAX // daily short trend continuesThere was a false breakout that ended in a penetration in the SHORT FROM zone that was the H4 start of long impulse and the North breakout. A correction from this short impulse and a new low is needed for confirmation, but as long as the H4 IMP stands, and the long countertrend on H4 breaks, target zones become valid.GShortby ZenScape0
DAX to find buyers at market levels?GER40 - 24h expiry Short term bias has turned positive. Levels close to the 50% pullback level of 16724 found buyers. The primary trend remains bullish. We look to buy dips. Prices have reacted from 16444. We look to Buy at 16725 (stop at 16645) Our profit targets will be 16925 and 16985 Resistance: 16885 / 16962 / 17004 Support: 16790 / 16724 / 16657 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA2
DAX Will Go UP! Buy! Hello,Traders! DAX is trading in an Uptrend and the index Retested the horizontal Support level of 16,344 And we are now seeing A bullish rebound so I think that the price Will go higher up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignalsUpdated 114
DAX INDEX - 4HIn the four-hour time frame, due to the reduction of the upward movement momentum of the price, if the upward movement trend of the price breaks and the price stabilizes below the range of 16650 units, there is a possibility of the price falling to the range of 16550 units, and in case of the strength of the range of 16400 units. Otherwise, the possibility of price increase up to the range of 16850 units.Shortby arongroups10
DAXX // contertrnd breakThe market has printed a Marubozu on H4 breaking the countertrend and above the Daily high and the H4 South Breakout (LONG FROM). Target zone is marked, idea is valid until the price is above the H4 IMP on H4.GLongby ZenScape1
Dax short, techinical trend continuationFrom technical side DAX is following a sell off - pull back pattern on the day chart. This is an opportunity to follow the technical levels and catch the next swing of downward movements. sl and tp on chart. good rr Good luck!GShortby SwagTradingUpdated 449
DAX // @countertrend breakIf buyers take the LONG FROM level on H1 today, the market may speed up. The Daily should close above the Daily IMP in order to see rise in the coming days.Gby ZenScape113