Good Morning Traders! I am looking for a nice short setup on DAX30. I will be waiting for an exhaustion candle around the 13273 area. Then looking for a bearish momentum candle for an entry. We have already broke previous structure lows and creating lower lows during the process. Waiting for the pullback for the lower high around Frankfurt Opening hopefully. Let's...
Hello Traders! I hope everyone had a good weekend and ready to start November with a blast this week! My analysis on this setup is that we ended Friday Bullish and we should be seeing momentum pushing back to the old support level 12504-12412 range. I will be waiting for confirmation before entering hopefully coming back to the 11567.6 to the old order block and...
Good Morning Traders! I am looking to go long on DE30. I am waiting to see what type of movement we will get during the Frankfurt Open. Hoping to see rejection on the 4 HR key levels. My Target level is 12798.5-12930.5. Let's see what happens today! Happy Monday everyone!
- Hammer bar from previous day with strong rejection from the floor suggesting reversal to bullish trend
- 4hr chart and daily chart had closed above the 50% retracement level suggesting bullish continuation
- Expecting to hold until 13000 or higher depending on outlook
- Feedback welcome
- Lets go