chart was showing good bullish movement. but it also showed divergence between latest HH's and then it broke the trend so in such cases it is recommended to avoid trading such carts.
📊 In the four-hour time frame, due to the decrease in 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 18,250 units, there is a possibility of the price falling to the range of 18,150 units🎯, and in case of strength, there is a possibility of the range of 18,000 units🎯🎯. 📊...
MTM has printed a 30m sell signal. We should get a drop down to previous demand zone (red box)
Pair : Germany 30 Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Higher Highs - Higher Lows Break of Structure RSI - Divergence
European stock markets have started the quarter with positive momentum, highlighting the focus on German inflation data that could influence the European Central Bank's next decision. Germany's economic performance is usually a key indicator for the eurozone as a whole. The return of investors to the market after the Easter holidays has contributed to the moderate...
Last Tuesdays highs have been captured and price seems to be falling with German CPI news ahead.
Always keeping it simple with Multi-Time Frame Highs and Lows, IB's and OB's. (previous sell levels still marked) GER30 has been moving beautiful in a nice uptrend and continues to create higher highs. Will do high - level overview and time permits, although you can seem some of the lower levels if price was to break structure.
Ger40 has been very bullish since November. It has even had a great bullish run in March and the previous week although it has a mixed close on Friday. On the lower timerframes I would like to see it take the high at 18541.6 . German CPI data will be released Tuesday.
GER40 Bullish till it shows bearish resistance on weekly. Keep buying.
Hello traders! ‼️ This is my perspective on GER30. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I look for a long position. I want price to continue the retracement and to reject from S/R zone + trendline for a long. Like, comment and subscribe to be in touch with my content!
Here is 40y upward chanel...the price reached diagonal resistance
Situation assessment XETR:DAX 1. We have reached another trend reversal zone 2. In our opinion, “much” after “above” is no longer possible in the future We would like to apologize for the inaccuracy of last week's forecast {wink} when we headlined as follows: 1. Weekly UP peak: between 18,406 and 18,518 (Bonus: 18,630) 2. In perspective, ...
its making HH and HL so we will wait for green candle to confirm our entry
Hey Traders, The state of the German Economy, alike other economic zones and economies has seen twists and turns. From hopeful highs, to fearful lows, the transition from confidence to incompetence has been viewed widely. The current retracement above local and historic highs comes about as the US index markets also rise, after inflation reports and comments from...
the market is correcting a bit but the overall movement will be impulsive. so for now we can collect the pips as it will short for corrective movement. happy Easter holiday
Distribution phase after an extended 5th wave of this cycle.... potentially 19000 , but imho doubt it as many EU/German big companies have cashed out to pay their CEOs and employees (e.g. SAP). non-financial advice
Picking tops is extremely hard (but the potential R rate is huge) using 18530 it is a whopping 56R
Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...