I see a strong inclination of the market to go bullish since it already broke a resistance zone at 3227 and it is supported with a significant awakening in the volume. Once the green volume explodes, we will see a beautiful long trade but you should watch for the resistance zone at 3255 that might reverse the market.
I see that market has given a good bearish signal with a significant volume that is superior to its previous volume, but i also see an support zone at 3198 that the price should break before taking off downward. When the price breaks the support line, you should definitely sell the market.
As you can see, the market has finally approached the resistance zone and is trying to break it! When we see that breaking happen we will see a strong move upward! Please make your profit at 3227 so you may exit there! Happy trading.
As you can see in the chart, the Eurostoxx50 showed a big volume explosion indicating an intention to move down yet there is no confirmation unless it breaks the support area at 3171. I showed a consolidation area in the rectangle and what made me assume a soon bearish move is the breaking of the rectangle. On the other hand, if the market changes direction and...
I see that the market is trying to trap some trader as it is trying to show a fake move to the bottom where there is a tremendous support are at 3189 that pushes the price up no matter what! On the other hand, there is also a strong resistance area at 3217 and i see there is high probability that it will break it and move up. So, when the price breaks that...
The market is preparing to break the support area that is moving toward it now and if it breaks it you should definitely sell the market. But if it bounces back we have to wait and see if it will break the resistance area at the top and if it breaks it, the market will go high.
When the price crosses the resistance line at 3201, you definitely should buy the market as the volume is creating a strong momentum and the bulls are entering heavily to buy the market.
Since the market could not break the strong resistance area at 3169, the market will keep going bullish. But if the market breaks the support area with a strong bearish candlestick, then the market may go bearish. We will have to wait and see.
After studying the chart of this morning, i saw a very strong signal confirmed by the break of the resistance area at 3169. The market retested the area and showed a strong momentum towards the bottom. The market is still heading towards the strong support area at 3126. You may exit there but if it breaks that area, you should sell the market as it may collapse.
I will open Buy if the price will cross the Support/Resistance Zone and fix above it. A huge accumulation below can give a strong impulse. Push like if you will trade it also! Write your comments and questions here! Thanks for your support!
📌 Eurostoxx 50 is in question here and we have a good illustration of the ABC outpost. The main target 3,489 is still open for a test but a breakdown here will seal it for the year. In a nutshell, this is a chart speculating that we are in the very early days of the "C" leg down. It is the same opening move in play for German Equities, DAX: This leg...
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Would be looking to sell this when it retests to 3395 asuming it doest break above 3401. looking at selling to 3345 taking partials and breaking even at 3373.
VWAGY broke and closed above the important decision range on 4H. the market has retested the range and showed a posilitive bullish reaction to that. now bullish rally is expected. next goal: 18.0
Looking at charts from across the globe we found a very similar setup, triangle formations that are forming across the board in a timely manner. If we look deeper into what is going on we are going to get a pretty nice surprise. Let's start of with the Nikkei. The Nikkei has been on a consolidation pattern since the start of June and has just resolved within a...
Eurostoxx 50 futs reversing right on the 200 day average. To buy the dip or not to buy it here?
Eurostoxx 50 futures leaving dividend futs behind.