- 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...
Long trade on 4hr retesting the channel breakout on the 4hr chart. Just be aware as the breakout has low volume therefore be quick to move to breakeven is order gets triggered.
Momentum Regimes: Major Indices The charts show the current momentum regimes for 4 of the major global indices. These are subject to change.
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...
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.
GER 40 - Premarket Analysis Apr 16, 2024 Based on Trend Analysis, and chart recognition from Simple Trading Book and Volume Profile
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...
This trade idea for FX:GER30 GER30 PEPPERSTONE:GER40 is sculpted with a bullish outlook, premised on the precision of Fibonacci levels and structured entries. Technical Detail: The setup has been meticulously planned with two Fibonacci retracement levels — 75% and 89% — serving as strategic scale-in entry points. These levels are not just numbers; they are...
Price gave me a signal to buy. As you can see. the 1-Hour market structure made a new higher high by breaking previous higher low signaling market shifting to bullish once again. Stop loss at the recent lows. Targeting 18750.
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...
Hello traders! ‼️ This is my perspective on GER30. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to make a retracement and then to reject from trendline + S/R zone for a sell position. Like, comment and subscribe to be in touch with my content!
Pair : Germany 40 Index Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Lower Lows - Lower Highs Bullish Channel in Short Time Frame
The DAX (DE40) is trading within a bearish channel and is rising towards the pivot which has been identified as a pullback resistance. Could this index stall around this level before potentially reversing to resume the downtrend? Pivot: 18,203.60 1st Support: 17,888.30 1st Resistance: 18,422.50 Risk Warning: Trading Forex and CFDs carries a high level of risk...
Ger40 shows more bullish sign but patience is key in our line of work. i see a long on ger40