As you can see the price broke the structure to the top again and now we have to wait for a pullback and I think this area is good to set a buy order. Let's see what happens.
The Solomon Number of DAX is: 15897 Instructions: A- Every DECREASE in price is an opportunity to BUY. The Target is Solomon Number 15897. B- Once the Solomon Number is touched the analysis is no longer valid to enter OR take long again. D- Apply proper risk management according to your balance. 1st long entry@ now 15275 2nd long entry@ 15060 TP@ 15897
Speculative sentiment index is just 7.5% on an average indicating an open above 15660 eyeing the targets 15820 and 16k + psychological level / Possible stop loss cluster area . Stuck sellers just be patient and do not put equal parallel positions at the moment ,you will be stuck for life time . Do that only if your margin is in trouble and deposit later to avoid...
Here I see that the market has had it's 8:30 am candle. From there we will enter in for the scalping buy on the 15 minute timeframe. As I was marking up, TP1 hit. Let's see where we go from here.
OANDA:DE30EUR DE30EUR 2021 Feb 15Week (Intraday) Green/Red zones = preferred entry zone Moving back into a previous supply area Chart shows diminishing supply, however buy side doesn't have much participation either. Will follow channel at the moment to buy after price dip. 13925 acts as the immediate guide if market can maintain its strength. Have a...
Doji candlestick formed on the resistance level meaning the sellers has taken over the market and pushing it to the support level 1 or 2
IN my previous analysis on Dax30 I said that although "timid", we can see an H&S reversal pattern for the German Index. A break occurred and the price dropped quickly to reach the 11500 target. In my opinion, we are at the beginning of a medium-term downtrend, and 12k should be very well defended by bears. Sell rallies around this price could be a good strategy...
Hello, Grüezi and Moin Moin, after completion of the correction wave 4 I expect another downmove of Dax to deeper lows. Another 400 + X points for your poket? Greeting from Hannover Stefan Bode
Strong reaction in the night of the American futures which once again have been crushed on the lows, Asian choral bullish movement that pull prices back to the highs of the week. Today if the scenario is confirmed also in the USA and in the EU, the closing of the highs of the important 8 days just passed will anticipate the bullish exit of the powerful weekly...