the detail is shown in the above Chart.
I made this Idea based on Candlestick Analysis and Fibonacci Tool .
The Buyers' Crab could reach the highest point at the price of 167 euros.
The Bearish trend started and siemens flag is falling and approaching to the golden level of buyers crab .
The past trend of sellers' candles has formed a motivated green...
Idea number S-004 | Siemens stock could fall toward support in the 126/124 EUR area.
The setup is negative, the stock is trading below the 20-day and 50-day moving averages. The MACD is negative and below its signal line. The RSI is trading below 30. This could mean that the stock is in a sustained downtrend or that it is simply oversold and therefore a rebound...
Uptrend
As my other analyses, this chart has entered to new uptrend because:
1.Correction has finished in 50-61.8 Fib ret zone.
2.A descending trend line has been broken.
3.A major pivot point has been passed.
As always, setting a sure Sl is so vital, in this case 93 ,in my view, can be good place.
Although there is an inverted shoulder head shoulder formation on the chart, pay attention to the wedge resistance in the weekly time frame. Targets are determined according to Fibonacci.
Hello dear Traders,
Here is my idea for #SIE
Price closed above yellow line (previous month high)
Price closed above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with...
My trading idea for Siemens AG - SHORT
Target: EUR 89.00 (profit potential 12%)
The Siemens AG share is in an intact downward trend. In mid-June, there was a sharp drop below the support level of 114.00 EUR. The resistance around the EUR 109.00 mark was then confirmed several times. The next historical support at EUR 89.00 is expected to be targeted.
Like the...
![SIE: [S-004] Siemens AG](https://s3.tradingview.com/b/Bso2cp5n_mid.png "[S-004] Siemens AG")
