overall market comment I was clearly wrong with the bearish reading and bulls got another strong day and closed at the highs. Strong buying signal going into tomorrow for at least a bit more upside but we got so far, there is no reason why can’t make another couple of points to retest the all time highs now, where I expect sellers to step up again and bulls to...
The DAX (DE40) could fall towards the pivot which has been identified as a pullback support. Could this index potentially bounce off this level to rise towards the 1st resistance? Pivot: 17,737.30 1st Support: 17,004.20 1st Resistance: 18,534.90 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
If risk sentiment improves we can see more upside for the dax. We have BOE rate decision this week that migh affect the trade. I market the potential profit taking levels at session highs. Have a great week!
Hey there, a CUP & HANDLE is forming up, which could lead GOLD into a downtrend (since the CUP formed already). If you are new to this, feel free to check out my Videos and charts about Cup $ Handle, which are explanationary and educating. In addition to the overall fear and uncertainity in the markets, especially with an eye on corona virus, people are...
Hello there, let´s keep this short! I observed higher lows, while the Relative strength of the market shows Higher Low´s as well! This is actually a good sign and looking through my binocular, the coming decade looks pretty bright to me! We have a huge dip of 35%, triggered by the corona virus covid-19. The financial crisis is here and it harms economy,...
- The market has been trading below a bearish trendline in the first part of April, correcting the rally started at the beginning of 2024. The short-term trend was then bearish. - More recently, and since the impact over 17,480pts (50% Fibonacci), the German index has invalidated its short-term bearish trend. The market has registered a sharp rebound leading...
📊 In the four-hour time frame, due to the reduction of the upward movement momentum of the price, if the upward movement trend of the price is broken and the price stabilizes below the range of 17,900 units, there is a possibility of the price falling to the range of 17,750 units🎯🎯, and in case of strength, there is a range of 17,550 units🎯. 📊 Otherwise, the...
👋Hello Traders, Our 🖥️ AI system detected that there is an ICT Long setup in DE40 for scalping, Please refer to the details Stop loss, Demand Zone(Buy Zone), TP 1 and TP2 for take profit. For more ideas, you are welcome to visit our profile in tradingview. If the price had hit the TP2 when you see this idea, please wait for next idea. Have a good day! Please...
Start your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. Trend direction is set by the slope of the VWAP Trend phase is determined by the current price relative to the VWAP (20) level and Elliot waves Support & Resistance are set by the StdDev...
Pair : Germany 30 Index Description : Symmetrical Triangle as an Corrective Pattern in Long Time Frame and Rejection from Upper Trend Line RSI - Divergence Break of Structure Impulse Correction " AB " Fibonacci Level - 61.80%
DE30EUR - 24h expiry Buying continued from the 38.2% pullback level of 17870. Levels close to the 50% pullback level of 18066 found buyers. Preferred trade is to buy on dips. The primary trend remains bullish. Our outlook is bullish. We look to Buy at 18075 (stop at 17975) Our profit targets will be 18325 and 18395 Resistance: 18240 / 18330 /...
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
Looks like friday close was bullish for the ger30 price currently at the HIGHS waiting to see it to drop and give me a LoW price to buy the market.
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...
Price has finally broken a W CONSOLIDATION ZONE that started on 12/4/23. Looking for price to retest the consolidation zone + the mid point of the bullish M channel and then continue bullish.
Could it go higher than 20,000? That's we 10% higher than today price. Melt up not done.
The DAX hourly RSI is above 50 and its stochastic is in its upper quartile. These suggests a short-term positive momentum. Core PCE out later is likely to influence risk sentiment. In that regard keep an eye on the hourly stochastic - if it starts to slip, the short-term momentum will be waning. If it holds, the sentiment will be biased towards risk-on. This...