GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), POWERHOUSE ENERGY GROUP PLC ORD 0.5P, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, UNION JACK OIL PLC ORD 0.025P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Main bearish outlook--
Another break of the long term rising trendline is bearish
Shallow rebound from 12610 low on June 19 has ended- setting up re-test and likely break of 12600
Next key support could be 12400
12600 level holds, maintaining trading range enrivonment
(level is significant because it was resistance after the February sell-off ...
My #Autogate fractal, implies sub-10k for $DAX. Just an idea.
Short double top over 12.800 include fibs reversal to next target 12.560, 12.390, 11,980.
Short possible on basic trend line red.
What can we expect of the coming days. Breaking up or down, the DAX reached critical levels. I'll remain short.
German Dax is calling for a correction on monthly/weekly time-frames. Also with the upcoming french and german elections this year, I am expecting weakness/corrections in german dax for the coming weeks.
Short price action at 26-Jan-2017 with a 20 MA break out on 7-Feb
S1 Entry: 11554
May have a reversal on the FX:GER30. I am waiting for a clear signal of the bears taking over price and we could get a pullback
Possible fractal recovery to 10700 then short (limit order). If it doesn't get there, nothing lost.
Fractal and tramlines both say short here. See also my DAX/USD chart