On 3H timeframe: - Bullish trend - Parallel channel formed and broken - Decrement in volume from HH2 to HH5 - Breakout candle with volume but less volume than the one moving back to the upside bars after - Yellow Line acts as support line with significant reactivity from previous observed price action. On 15Min timeframe: - Reaction to demand on HL2, where volume...
GER30 could approach a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 15932.10 Why we like it: There is an overlap resistance Stop Loss: 16046.89 Why we like it: There is an overlap resistance that aligns with the 127.20% Fibonacci extension Take Profit: 15656.70 Why we like it: There...
Hello We are stuck in 1500 point range for long time, see no reason to go more up. Everyone is so bullish talking about all time high but . Is it possible? I think no, thats my educated quess for this trade. Pros: - Divergence on daily time frame - Inflation, - Bad data coming out, - War. Recently market moves without logic to me but thinking that people will...
I laid everything on the charts refer to it and you'll find yourselves in a good swing entry, be patient and yoou'll find your rhythm, it all depends on price action.
Looking at the H4 chart, Price is approaching our sell entry at 15713.94, a swing high resistance level. If there is a reversal from this level, the price could drop to our take profit at 15480.74, which is a swing low support level. If the price were to break above, it could rally to hit our stop loss at 15920.63 which aligns with the -27.2% Fibonacci expansion....
Ger30 Short potential Short it now The GER30 daily chart is trading in its bullish channel between its upper blue and red bands. It RSI is trading above 50 (green rectangle). The longer it maintains on the bullish side of 50 the greater the probability of higher prices ahead. The hourly chart shows a strong start to today's trade. The trend following EMAs and...
Looking at the H4 chart,price is currently nearing our sell entry at 15704.82, which is a multi-swing high resistance level. To manage risk, our stop loss will be placed at 16014.55, which is the next swing high resistance level. Our take profit target is set at 15480.78, which is an overlap support level. Any opinions, news, research, analyses, prices, other...
GER40 - 24h expiry - We look to Sell a break of 15529 (stop at 15649) We are trading at overbought extremes. Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. The bearish engulfing candle on the daily chart is...
GER30 is pulling back to a key support close to the 23.6% Fibonacci retracement. Price could hit our buy entry at 15480.78 and bounce off this level. Momentum could carry price up to our take profit at 15704.82 which is an overlap resistance. Stop loss is at 15267.94 which is an overlap support that aligns with the 38.2% Fibonacci retracement . Any opinions,...
GER30 is pulling back to a key support close to the 23.6% Fibonacci retracement. Price could hit our buy entry at 15484.75 and bounce off this level. Momentum could carry price up to our take profit at 15707.45 which is an overlap resistance. Stop loss is at 15256.08 which is an overlap support that aligns with the 38.2% Fibonacci retracement. Please be advised...
GER40 - 24h expiry - We are trading at overbought extremes. Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Although the bulls are...
IN this update we review the recent price action in the #DAX futures contract and identify the next high probability trading opportunities and price objectives to target
GER30 is approaching a key resistance. Price could hit our sell entry at 15693.67 and reverse from this level dropping to our take profit at 15480.78 which is an overlap support. Stop loss is at 16014.55 which is a -27.2% Fibonacci expansion. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website...
GER30 is approaching our sell entry at 15673.81 which is an overlap resistance. Price could potentially reverse from this level and drop down to our take profit at 15493.20. Stop loss is at 15908.70 which is an intermediate overlap resistance. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this...
Here is my view for GER30 on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders! ‼️ This is my perspective on GER30. Technical analysis: Here we can see pretty similar scenario as on photo. Price changed the character and started to form new BOS. I expect we could see here a new BOS above buy stop liquidity and then to reject from weekly bearish order block. Like, comment and subscribe to be in touch with my content!
Please, check our technical outlook for GER30. Time Frame: 45 Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 15550.6. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 15664.06 level. P.S Overbought describes...