the market is in a downtrend making lower highs and lows .it aims to reach at the previous low of 26881.10.use proper risk reward ratio. we also have a liqudity sweep at 26677 we have a beraish indication of a seel side using the lorenzain machine learning indicator with a 60% chance of a possible win trade
consolidation on leg 5 for the breakout to the upside.
the markets all over the world knows recently a big losses : NDX:-12.69% , MDAX:-10.14% , DJI:-10.28% , SPX:-12.13% , NI225 :-8.36% . the reason is the big inflation that the world in the last year which reachs the scale of 4.35%. this reason pushs the FED to increase the intrest rate from 0.9% to 1.6% at the end of year. this information cause the panic on the...
MDAX (MDAX - Xetra) is in internal 3rd of 3rd wave up in 60 min time frame. It is also out-performer to DAX if compared. In weekly time frame it aligns with DAX and SDAX for 5th wave up after flat like 4th wave correction. The price movement is steadily up like an impulse. Price is reversing in V shape bottom from Corona Pandemic, which is the sign of impulse wave.
Hello People, 50% Fibo is reached with a five wave correction. the possible is high that it goes down. May the force be with you.
Same count as DAX, confirming one another. C wave should carry prices towards a=c, and 0.618 retracement.
MDAX seems to have completed an ABC wave up. Momentum is falling, first leg down is probably in. Short next rally on smaller time frame.
There are different opinions and chart all over the web these days, but here is the clearest of impulses in German midcaps. Are there tipping market's hand, and are we poised for another bloody decline after a correction?
3 weeks ago, the MDAX launched a hammer candle as a turnaround signal. This was sold as usual. This first sale could have been wave 1 of (1). Currently, the 2 of the (1) would have to run. It is now advisable to observe this correction and to find an entry into Short-Plan. StopLoss is 27,370 points in this case. Target is likely to be near the 61.8% retracement at...
After a first downward wave and its correction, a second downward movement usually follows. This should and ideally bring to 22140 points. But we should not rise above the drawn red line from the last intermediate high at 26,536.
I'm placing a short pending order below 26080, for the moment the bull run is very strong and seems set to continue, but the position fits my valid entry setup for also a short. Will let it stay for a couple of days and cancel if it does not pan out.
Asset: MDAX Time interval: 1h Position: Long/Call Expiry: 26 Feb 17:30 (GMT+1) Target rate: 26640.00 Greetings, Tradebinaireopties
MidCapDax short opportunity. Consolidation, Resistance, RSI overbought + Divergence, Double top, 2618, Fib Retracement, 1.5RRR