DB1 on XETR, BUY.The market is on an uptrend. There is no Supply above, maybe I can join the trend with this 4H Demand zone.
63DA trade ideas
DB1 • Deutsche BOrse • XETRA LONG TF H1#DB1 • Deutsche Börse AG • XETRA LONG TF H1
TP = 168.20 , SL = 157.75
The trend continues, the nearest support level according to my calculations TP 168.20
Deutsche Boerse DB1 - Continue to drop or reversal?XETR:DB1
Using HeikinAshi candles and daily TF on Deutsche Börse shows that $DB1 movement is in good agreement with ma (9-60) and rsi. Each price drop (from start until rsi reversal from 30) usually takes 13 to 70 bars. Currently we are at the 23th-bar.
Due to current doubts in market, it can continue to drop and test both support 1 and 2 but the recent observation shows that it is also a good point for its reversal.
Next few days are critical for $DB1 to show if it continues to drop or reverse.
coincidence of channel and forkit seems the end of bullish correction and I expect the previous bearish trend continues. coincidence of channel and fork alerts where correction should be finished.
Deurtsche Boerse. Long 135- 180. SL 125Monthly
Uptrend since 2015
Price near to FIB 0.618
Weekly
Starts from 0.618 FIB
Volume increased
Daily
OPen 135
SL 125
TP 180
RR 4.5
Deutsche Boerse AG (DB1 - Xetra) - Bulls in controlDeutsche Boerse AG (DB1 - Xetra) is in impulse up cycle in 30 min time frame.
It is in 4th wave correction which will end soon and thereafter 5th subwave of 3rd wave up will rise to new high.
Stay bullish above 156.60 level in every three wave pull back downside.
It is in 5th wave in weekly time frame.
Deutsche Boerse AG (DB1) Long term short opportunityMonthly time frame used above.
Looks very bearish from an Elliott Wave pov.
This is a good trade to take for long term investors.
This is not financial advice and I am not responsible for any losses you may incur. This is only intended for research and educational purposes.
Lond DB1DB1 show strengths today as the index goes down. This is a possible long term long. I will go in now after showing strengths in weak market. If it goes out of trend channel I will go out with my tight stop loss.
DB1 long position In my opinion DB1 will do long up to weekly R1. Indicators (Slow Stochastich) support this decision.
Good try also for intraday buy.
Disclaimer: this is just my opinion, don't invest based on this.
DB1...possible pullback ...buy after good candle on H4 uptrend ...it can be a pullback to broken level
DB1 Inside days The current establishing short Trend is just the correction of the long term long-trend.
Trade the range or the breakthrough short.
