Chart features:
1 - It's a bear market at this time.
2- A clear death cross is seen.
3- Now a parallel channel has emerged.
To become bullish again the DAX would need to get above 14712 and stay above.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not...
Hi Traders,
Welcome to my new trade setup.
Looking to go short on the GER40.
Price has formed a nice inside bar/ fakey setup in confluence of the 21EMA .
Hope price will continue to fall.
Details trade setup are:
Entry : 14020
Sl : 14370.5
TP : 13420
Invest : $200.-
Lev : 20 X
Trailing stop active
rgds
Spyros
Some saw it, some missed it - and some don't want to see it.
It's still there: The Death Cross.
It is not common for a death cross to appear on daily time frames of indices. When it happens due caution is needed.
No predictions here. The probability at this time is greater for the south. How far south? The markets will tell us. The markets have not spoken to...
Will it bounce from last week's closing level?
There is no visible gap on TV but there is on my broker (Trading212). Looking closer there is a gap on TV too, Friday closed at 14462.5 and Sunday night opened at 14439.0 (and quickly bridged the gap with a single green candle).
Hello everyone. Despite the Ukranian-Russian crisis, I spotted a possibility for another quick and large bullish movement, which could be the first of a series. I would like to introduce something ... abstract to you.
My analysis is based on the famous W.D. Gann, and I am using the Square of the range. I will upload a seperate tutorial in which I will elaborate...
Of course there are many ways to take chunks out of the markets. Hundreds of methodologies are out there. And the markets are experts at taking chunks out of you and your account.
In the 4.5 min video I briefly show two types of 'attacks' on the market:
1 - Strategic
2 - Tactical .
Strategic
In the strategic approach (which could be any methodology), you...
There should be another low next week.
Condition: Monday and Tuesday no daily closing price over 15593
Confirmation: break and stay under 15419
SL: a few points over 15672
TP_ between 15209 & 15192
--- Next week I expect the annual high and that's why I am raising 2 resistance zones here: for this and next week:
1. between 16266 & 16397 and
2. between 16362 & 16496.
--- The first TP levels are down @:
16238.2
16021.7
November will stay above 15751.5, but in December, January would be possible to reach at least 15127.
In between I found some time to quickly post a potential short idea.
The DAX is currently encountering resistance, which the Supertrend also confirms.
--- But if this week hits 15925 then I will see if short signals in H1 or H4 are clear.
After this setup, there should be a new ATH in November and then head south to complete the red C.
Good luck, and if you find...
--- Higher tomorrow than today
--- In the white circle = short, ideally as soon as SMA 200 is reached
--- Closes this week under 15368 and if it stays below this until the end of September, then red or black paths are possible
--- If it is clearly above 15368 next week, then I will follow the blue path
--- All lines below 15368 are profit levels!
