BMW trade ideas

NicoDCrypto Updated 

FR/EN ( below) FR Le stratège de la banque suisse, Nick Nelson, a passé en revue les secteurs de la cote. Il est acheteur sur BMW, je suis plutôt neutre à date, pas assez d'indication sur un reversement de tendance clair et confirmé mais on peut être ambitieux ( attention :) ) En vue weekly, la tendance est toujours baissière est le rebond a été assez franc...

VasilyTrader

BMW has violated a rising parallel channel. after that the price set a horizontal decision range and yesterday it was broken as well. during today's trading session the price retested the 618 retracement of the last bearish leg, showing a negative bearish reaction. now bearish continuation is expected. target levels: 57.15 56.0

Reshad1166

strong buy

bachirseftaoui

hello everyone, after the fall of the actions of BMW it seeks to await the 65.00 in the next days.

MohcineZ

It's no the time to buy for INVESTMENT !

bachirseftaoui

great likelihood of a downtrend, unless it breaks the double support forcefully

mangerforex25

the line that tells whole story,a good sign of purchasing a nice rise over the past month and on this one

imankohkan

The description on the chart is clear

Hamza_El_aouny

there is not a strong signal to buy but we can wait after the breakout of two lines

Elite_Trader05

BMW is for buy and if we break the first resistance we double our position as a buyer.

Chouini_Yassine

BUY

trader0gamer

I think it will fall to 55.66 the stop loss is 56.96

EWFcw

Bayerische Motoren Werke AG (BMW - Xetra) is in ABC zigzag wave pattern in 60 min time frame. It is now in 3rd wave up of C up. In weekly time frame it completed WXY wave pattern and now correcting in upside in ABC correction.

Barnman Updated 

car industry hit hard -> potential negative reversal with target € 24,5 - entry if BMW trades below € 44

harleylucatero2

BMW price just touched a weekly area of demand, but according to my set of rules. We are still in a downtrend. price approached the 20 ema spotted in the weekly time frame. A supply imbalance was created in the Daily time frame. Allowing us to take the short as a confirmation trade. of course, I'm not right 100% of the time so , use proper risk management if...

DarthTrader28

Hello People, BMW has the same movement like the other shorts, therefore short :-). May the force be with you

AndreasRuhlmann

Stop below 50.

miklosfx

the market could not break the 0.23 level so there is a probability of going back down.