The DAX daily chart has bullish elements to it, but the hourly traders have not synced up to them yet. The weekly real yield is in uptrend, which should act as support for the USDOLLAR and as a headwind for the risk markets. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM...
GDAX DAX 40 (German 40) Technical Analysis & Trade Idea The DAX 40's recent bullish surge reveals signs of exhaustion on the monthly and weekly charts. Lower timeframes suggest a manipulative price structure primed for a potential trend reversal. Here's the breakdown: - Overextension: Extended trends often succumb to corrections or shifts in direction. The DAX...
Today's focus: GER30 Pattern – LH - Lower support test Support – 15,055 - 15,015 Resistance – 15,287 - 15,504 Hi, and thanks for checking out today's analysis. The GER30 daily is today's focus. Due to the tragic events over the weekend, we have seen stock futures trading lower into the new week. The GER30 is testing Friday's firm finish and could be forming a...
Still two scenarios. The bullish scenario (in green) shows an ending wave 2 down that will be followed by wave 3 up. The bearish scenario (in red) assumes more downside to finish wave C and a higher degree wave (4).
Still two scenarios in play. The bullish scenario (in green) shows an ending wave 2 down that will be followed by a wave 3 up. The bearish scenario (in red) assumes more downside to finish a wave C and a higher degree wave (4).
In our primary scenario we expect a bit more upside as a wave (5) to finish the higher level wave ((1)). For investors, we are in an area to take (partial) profits. Investors do not buy here as the data shows a bearish divergence. Investors should wait for a decent wave ((2)) pullback before buying again. Traders should analyze the lower timeframe.
We wait for more data to initiate a trade. Firstly, we are waiting for a clear ABC pullback before going long. Secondly, we are waiting for the wave 3 area in the 4h to go short.
We wait for more data to initiate a trade. Firstly, we are waiting for a clear ABC pullback before going long. Secondly, we are waiting for the wave 3 area in the 4h to go short.
In our primary scenario we expect a bit more upside as a wave (5) to finish the higher level wave ((1)). For investors, we are in an area to take (partial) profits. Investors do not buy here as the data shows a bearish divergence. Investors should wait for a decent wave ((2)) pullback before buying again. Traders should analyze the lower timeframe. We see...
We finally got some data that allows a better interpretation. In the 15m, there is a potential long trade for today but the upside is limited as it concerns the fifth wave.
Several scenarios can play out today. We are waiting for more data. The current structure does not give us a reliable setup.
Several scenarios can play out today. We are waiting for more data. The current structure does not give us a reliable setup.
Several scenarios can play out today. We are waiting for more data. Depending on what the market gives us, we see entries for both short and long trades.
Several scenarios can play out today. We are waiting for more data. Depending on what the market gives us, we see entries for both short and long trades.
In our primary scenario we expect a bit more upside as a wave (5) to finish the higher level wave ((1)). In our secondary scenario, the high might be in and the pullback might have started. For investors, we are in an area to take (partial) profits. Investors do not buy here as the data shows a bearish divergence. Investors should wait for a decent wave ((2))...
Several scenarios can play out today. We are waiting for more data. Depending on what the market gives us, we see entries for both short and long trades.
We are waiting for a clear ABC pullback before going long.
We discuss two scenarios that could play out today. Depending on the data we get, both a long trade and short trade are possible.