Pair : Germany 40 Index
Description :
Completed " 1234 " Impulsive Waves
Break of Structure
RSI - Divergence
Exp FIAT as an Corrective Pattern in Short Time Frame
Esteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
yesterday's NYSE dragged Ger40 but we can monitor the movement of GER40 and Tesla also impacted the downfall of the stock let's monitor our Technical movement and wait for a straight rebound
EASYMARKETS:DECEUR
DAX
www.youtube.com
Disclaimer:
easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance...
- The market has been trading inside a bearish channel since the beginning of April ; the short-term trend is then bearish.
- This bearish short-term trend took place after short-sellers took control of the market following a new record high above 18,600pts.
Indeed, the prospect of a "higher for longer" narrative regarding monetary policies made the current high...
The DAX dropped following the news that Israel retaliated for Iran's attack over the weekend. However, the bears seem to have lost control, with the hourly charge at a crossroads.
The longer-term path shows a series of lower peaks followed by lower troughs. This suggests that the current up-leg may be an exploitable rally in the downtrend.
The DAX hourly chart...
Good Evening and I hope you are well.
Today nothing moved the markets and I was humble enough to book some early profits and scalps before US open. I left it at that and am very happy with that decision. Days like this are the death for inexperienced traders, so if you lost money today, train on a paper account when market is this choppy. Leave your ego at the...
The DAX hourly chart is showing signs of support. However, the daily chart is still under pressure.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money...
GER40 - 24h expiry
Price action looks to be forming a bottom.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
The primary trend remains bullish.
50 1day EMA is at 17765.
A Doji style candle has been posted from the base.
The corrective cycle lower looks to have stalled.
We look to Buy at 17830 (stop at...
German DAX has pulled back to the 50d sma and 38% retrace of the move up of the last few months (since last time it touched 50d sma). Looks like we may get another leg higher despite the clear lack of supportive fundamentals/geopolitics. Think we see 18600-19000 before a bigger effort to correct.
Long 17800 tgt 18800 wroong below 17400.
Using my strategy, a triangle set up, commonly known as the breakout structure. I enter my trade at a retest of a sensitive area (a area with multiple touches) and I place my Tp at the base of the triangle therefore making me a swing trader as some trades take a day or more. And this one isn't any different
The DAX (DE40) has made a bearish breakout through the pivot. Could the downward momentum potentially carry it lower towards the 1st support?
Pivot: 17,847.70
1st Support: 17,658.40
1st Resistance: 18,152.00
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
We looking for selling opportunities as we still below the resistance zones and we are still having a bearish falling expanding wedge resulting in sells
Technical Analysis Overview:
The GER40 index chart delineates a compelling short selling opportunity, hinged on Fibonacci retracement levels coupled with daily fair value gaps (DFVGs).
Strategic Insights:
Fibonacci Levels: Notable Fibonacci retracement levels, specifically 0.75 (18375.5) and 0.89 (18483.7), are identified as pivotal points that could...
