-> Analysis of 20 Okt.
-> Hello Friends, here is my Analysis to DE30EUR -> (all further information can be found in the chart)
-> Please note: These analyses are not intended as investment recommendations! The analyses presented by me are in no way to be understood as financial advice! Please also note that you are always responsible for your own investments...
This diagram portrays the position from the initial 2020 Macro map which I posted on December 31st 2019. The position arose after I called the end of an economic cycle and positioned with the intention to defend. We overshot the lows and snapped back, it is worth pointing out that sellers have significantly better chances because of the strong resistance.
We have no reason to talk about sales now.
The global trend is bullish Highs and Lows are higher every time.
I see the opportunity to buy above the Key level if the price will approach to it fast.
The false breakout is the best pattern to open the position.
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Before to trade my ideas make your...
Analiza logiczna DAX LONG.
H4 Wybicie tendencji T1
M15 – lokalnie cena jest w kanale spadkowym i taki trend obowiązuje. Lecz cena jest prowadzona ponieważ moim zdaniem jest to korekta różowa i możliwe będą wzrosty po zbliżeniu się do zasięgu maksymalnego tej korekty.
Warunki na wzrosty; Zbliżamy się do lokalnym spadkiem mamy silna pozycje do wybicia i zmiany...
Side by side Asset performance:
- 2020 YTD
- 2020 Dump and Recovery
- Crypto Massively on top YTD
- SIlver best performer in class since corona
- Money flow to Crypo, Metals, Tech Stocks
- Industry lagging; oil , major indices
- Rekt: UK
Price in the monthly sell zone, which is a strong resistance area that has held for the past couple of months if not a year or two.
Looking to scalp the on the break of that supportive trend line going short.
Points of control provides supper accurate levels. Using previous day POC are extremely powerful to set targets and stops. Remember that daily master pattern is in range, so take your profits in S/R levels and wait for next opportunity. Enjoy!
We can see that, in bigger timeframes, indices are having big sell days and huge buys the others. Checking at daily chart, without all the noise from day trading charts, we can see a big range already formed.
My guess is we gonna stay on those levels until US elections. If Trump wins, a huge bullish movement will come I guess. If Biden gets the win, some sell...
DAX struggled to keep on top. My guess is, the stimulus not going through then, is stopping indices to get higher. I'm Gonna wait for a test of the lower line in this forming channel and then decide. I still believe we are gonna see 250 level next week. Enjoy and trade safe!