Start your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. *KEY Trend direction is set by the slope of the VWAP Trend phase is determined by the current price relative to the VWAP (20) level and Elliot waves Support & Resistance are set by the...
The DAX hourly chart is showing signs of support. However, the daily chart is still under pressure. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money...
Using my strategy, a triangle set up, commonly known as the breakout structure. I enter my trade at a retest of a sensitive area (a area with multiple touches) and I place my Tp at the base of the triangle therefore making me a swing trader as some trades take a day or more. And this one isn't any different
yesterday's NYSE dragged Ger40 but we can monitor the movement of GER40 and Tesla also impacted the downfall of the stock let's monitor our Technical movement and wait for a straight rebound
Hello traders! ‼️ This is my perspective on GER30. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to make a retracement and then to reject from trendline + S/R zone for a sell position. Like, comment and subscribe to be in touch with my content!
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
This trade idea for FX:GER30 GER30 PEPPERSTONE:GER40 is sculpted with a bullish outlook, premised on the precision of Fibonacci levels and structured entries. Technical Detail: The setup has been meticulously planned with two Fibonacci retracement levels — 75% and 89% — serving as strategic scale-in entry points. These levels are not just numbers; they are...
GER 40 - Premarket Analysis Apr 16, 2024 Based on Trend Analysis, and chart recognition from Simple Trading Book and Volume Profile
DAX has a rejection on April 01 exactly at the top (Higher Highs trend-line) of the 18-month Channel Up (since October 03 2022). The 1D MACD made a Bearish Cross, being Lower High than the previous one on December 18 2023, which is exactly what happened on the January 27 2023 Bearish Cross. That sequence was the first Bullish Leg that topped to form the Channel's...
The DAX (DE40) has made a bearish breakout through the pivot. Could the downward momentum potentially carry it lower towards the 1st support? Pivot: 17,847.70 1st Support: 17,658.40 1st Resistance: 18,152.00 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
Pair : Germany 40 Index Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Lower Lows - Lower Highs Bullish Channel in Short Time Frame
EASYMARKETS:DECEUR DAX www.youtube.com Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance...
- The market has been trading inside a bearish channel since the beginning of April ; the short-term trend is then bearish. - This bearish short-term trend took place after short-sellers took control of the market following a new record high above 18,600pts. Indeed, the prospect of a "higher for longer" narrative regarding monetary policies made the current high...
The DAX (DE40) is trading within a bearish channel and is rising towards the pivot which has been identified as a pullback resistance. Could this index stall around this level before potentially reversing to resume the downtrend? Pivot: 18,203.60 1st Support: 17,888.30 1st Resistance: 18,422.50 Risk Warning: Trading Forex and CFDs carries a high level of risk...
Price gave me a signal to buy. As you can see. the 1-Hour market structure made a new higher high by breaking previous higher low signaling market shifting to bullish once again. Stop loss at the recent lows. Targeting 18750.
The DAX (GER30) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 18,182.57 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 18,460.00 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance. Take profit...
German DAX has pulled back to the 50d sma and 38% retrace of the move up of the last few months (since last time it touched 50d sma). Looks like we may get another leg higher despite the clear lack of supportive fundamentals/geopolitics. Think we see 18600-19000 before a bigger effort to correct. Long 17800 tgt 18800 wroong below 17400.
Good Evening and I hope you are well. Today nothing moved the markets and I was humble enough to book some early profits and scalps before US open. I left it at that and am very happy with that decision. Days like this are the death for inexperienced traders, so if you lost money today, train on a paper account when market is this choppy. Leave your ego at the...