Lets see how it plays out - all the info you need is on the chart.
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We seem to see a C Clamp happen in 15 mins and a kijun bounce price seen. .
If DAX crosses the 13760.9 level then the next resistance level is 13851.7.
If it fails to cross 13760.9 then a reversal could be in place once its crosses lower to 13730.6.
This is the second time we go long on the DAX today. The first one was a London open 2m clap long that earned us a quick 750eur, pays the bills ;)
This one however looks to be a better setup for the NYC session, we have 3 sets of TP listed and we might close out an any given level.
RSI is in the lows, the 10m chart has a contraction leading to the 30% level and...
Theres a huge disconnect between the financial economy (stock markets) & the real economy (jobs, GDP etc), this disconnect is apparent throughout the world's major economies. These disconnects cannot exist forever, so eventfully either the stock markets in the world will fall to reflect the major unemployment and real economic problems left by the pandemic OR we...
So this is more of a longer term trade but a very profitable one. The GER30 is at a weekly resistance level.
It has tried a breakthrough at point A where the price action wasn't strong enough to break through. It then tries again at point B to which it fails and then takes a big dip. It then rises back up to retest the resistance at point C in which it gives a...