The DAX broke its decade long bearish rising wedge. It could retest it. Anyway, it seems to be targeting <9600.
Some major targets were reached across different markets
Clear Head and shoulders on distribution zone visible on Daily and weekly chart, moving averages are set up bearish, 50 below 100 and 100 below 200. Entries and targets on the chart.
Needs now close <11,400 to reach PO at 10,850 area
my 1st post ever, and still learning. * This is my view, and is not meant as advice for others to trade! been monitoring this since AB leg. if the C leg passes 11933, this will be invalid, even though it still might go upwards. going long for now might be an aggressive trade, but could be rewardable. To be updated if this goes to D leg and short...
Short opportunity between .382 and .5 Sl above the .5 Target 53 for now
Stock looks like it's finishing wave 1 of wave 3 of a higher degree wave 3, possibly forming and finishing an inverse head and shoulders formation with the start of the third of the third of the third (wave).
Short DAX30 below 12520, target will be 12360 / 12250
i short intraday,scalp ...overbought short term to much easy money
DEU30 possible direction. Note: this is not a trading signal, please perform your own analysis and trade at your own risk. happy trading!!!
Hello friends. Since the price has been going down in a well defined channel and it's tempting to short here, I'd like to cautiously propose exactly the opposite. A short squeeze would be quite a shock in my opinion. If anything - take into account when deciding to jump in. Good luck and have a nice weekend.