AM still long with this one . the head and shoulder completed but i dont think it will dive soon the index need a pullback ,i take the last week performance for most of index when its finish in red area as a good sign for restore bullish strength < most of people talking about overbought bubble i dont take it serious but inflation that is something i can take it .
I'm waiting for DE30 to retrace down to around 13500 because of the strong support zone then buy.. if failed i'll wait for price to enter into the weekly OB then buy.
preconditions: - accumulation before level - there are many stop losses behind the limit level. - things can change if bad news comes out. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU
DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you. My own trend direction estimation, entry point, stop loss and take profit levels are on the chart. Please like, comment and...
- A very decent long opportunity on the rests of the trend line. -The fib level 23.8% is in line with the demand zone which adds extra confluence that price could potentially retrace from that zone. -The trend line is also in line with the demand zone and 23.8 fib level which indicates that this is a good high probability set up. - The 50EMA is below price which...
📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 DE30 technicaly based idea, we can see price is bounce from bottom trend line , strong bulish candels...
The German Government has probably been the best country in the world to handle the Covid-19, hence the strong rebound. It may retrace lower for a correction, but longterm it should recover strongly, try not to short this as it is very dangerous to sell at the moment. Upward movements incoming.
Germany stocks were higher after the close on Wednesday, as gains in the Basic Resources, Transportation & Logistics and Financial Services sectors led shares higher. At the close in Frankfurt, the DAX gained 0.16%, while the MDAX index added 0.56%, and the TecDAX index gained 0.19%. The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which...
Middle bollinger band is giving a good support to push the price up and reach 0 level of fibo. Note: Trade at your own risk. www.turningpointfx.com twitter.com www.facebook.com www.instagram.com