DAX is demonstrating a perfect example of reacting to psychological round levels (16000,15000,14000). 14000 level seems to be a natural zone for a short position.
The concept of cycle analysis has enourmous power to detect and project important points in time when markets might turn. Cycles work in the time domain and therefore offer additional value to technical analysis. As technical analysis is mainly driven by price, cycle analysis offers a view on another parameter: Time. The most important situations occur when...
FURTHER TO OUR BITCOIN IDEA:
Hi everyone, we have covered Bitcoin one too many times.
Not sure who still have the patience to chase Bitcoin on it's way up but take a note of this:
Patience ALWAYS pays out!
No patience gets you liquidated.
High leverage and no hedge gets your destroyed as well... so most traders end up losing money.
How to hedge? Well please...
the direction is downtrend under the weekly resistance
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tendency: downward
Entry: under 13980
tp: 13600 & 13450 &13140
sl: 14150
risk 2%
This is my glance at situation (it's not recommendation) and I'm curious what do You think ?
In my opinion DAX will fall.
AT:
- lowering triangle
- still move to the downside
- if resistance fall, move will go lower
- rising volumen when falling
Fundamentals:
- bad situation in europe
- bad bank situations
- sanctions from Russia
- unfortunately progressing...
ger30 still now have a downtrend direction due to the bad news about the situation of the Russia on Ukraine.
and also due to technically chart is downtrend
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tendency: downward
Entry: opening new candle under 13420 during next 2hour
tp: 13180 & 12980 &12700
sl: 13510
risk 2%
Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your likes and comments, thank you so much and we will start SHORT outlook on DE30/EUR explained. Price action analysis & key levels.
Epic rebound for the German index today but most likely a correction is inbound.
German economy is dependent on Russian energy but Angela Merkel was gone (she could had brought some logic before everything happened in Ukraine) whereas the new leaders in Germany are a bit 'too obedient' to what America demands.
NEWS:
Germany Is Stalling EU Efforts to Broaden...
The chart posted is that of the DAX there was a trendline from the 2020 peak that was touched and found support . this should lead to a rally of 50% or more of the decline . ASIA is almost ended its decline as well
