German stocks closed higher on Thursday evening, as gains in the retail, transportation & tech sector led the shares higher. Based on those facts, DAX reached an all time high and is still dominated by strong bullish momentum.
As you can see in our chart, we expect the price to continue to increase, but it should soon start a deeper pullback that can drop the...
- Overall trend is bullish
- As long as the price is above the support area there is a good buying opportunity
- Structure is pushing up
- Wait for Confluence of Fib support line and previous resistance now is support
- Sentiment - is positive
- ( Candlestick ) ??
- Plan is to wait for the price to come back to a support area
- Take the trade when your...
The Dax may have completed the blue x with today's low at 13469. At the ideal target of the green (c) and the yellow circled Y, the downward movement could be stopped for now. Whether this is sustainable and the Dax starts another attack on the all-time high from here, the next few days will show. However, my preferred scenario is a final high. The minimum target...
As described in my last analysis, the Dax has reached with the last high at 14137 only the minimum target, in the form of the 0.618 extension, of the yellow circled z. In all other waves, the mandatory targets have already been reached. However, there is still potential to the upside. So far, only the 0.618 extension has been reached in the pink (z). The next...
Dax to 20.000 points #dax #dax30 #grxeur #tradingview
Real economy? What is that?
National debt? Nobody is interested!
Tax losses? ECB helps out!
Basic Law? Is restricted! Who Care's?
pension system? We live in the here and now!
Pension scheme? Shares are devil's stuff, buy government bonds & insurance!
Proportionality of measures? Where no prosecutor, there is...