Ready for a big short, target 10492Following weekly chart.
Marked H&S setup in the chart and we got a clear confirmation with the last week's candle.
War in Europe and recession expectations are supporting the trend.
If formation works, we have a formation target in 10273.
The rest of them are potential ones for which we have gaps in the post-covid bull run.
TP1 10492
TP2 10273
TP3 9506
TP4 8694
SL 14000
Dax40short
GRXEUR Sell the break of yesterday low.GER40 - Intraday - We look to Sell a break of 13029 (stop at 13101)
Short term momentum is bearish.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
A break of the recent low at 13048 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 12861 and 12811
Resistance: 13120 / 13200 / 13300
Support: 13030 / 12900 / 12800
DE40 Sell into a rally.GER40 - Intraday - We look to Sell at 13397 (stop at 13484)
Daily signals are bearish.
13430 has been pivotal.
13438 has been pivotal.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 13171 and 13121
Resistance: 13200 / 13300 / 13400
Support: 13100 / 13000 / 12900
GER40 Sell into a rally.GER40 - Intraday - We look to Sell at 12899 (stop at 12974)
Daily signals are bearish.
Bespoke resistance is located at 12900.
Preferred trade is to sell into rallies.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 12704 and 12654
Resistance: 12800 / 12900 / 13000
Support: 12700 / 12600 / 12500
GER40 Sell a break setup.GER40 - Intraday - We look to Sell a break of 12729 (stop at 12802)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
A break of the recent low at 17230 should result in a further move lower.
Our short term bias remains negative.
Our profit targets will be 12541 and 12501
Resistance: 12900 / 13000 / 13100
Support: 12800 / 12700 / 12616
GER40 Close the gap.GER40 - Intraday - We look to Sell at 13799 (stop at 13881)
There is no indication that the selloff is coming to an end.
We look for a temporary move higher.
We have a Gap open at Monday from 13800 to 13700.
Our outlook is bearish.
Our profit targets will be 13601 and 13551
Resistance: 13600 / 13700 / 13800
Support: 13500 / 13400 / 13300
DAX 40 Elliote wave 3 ik ben met een cursus Elliott Wave bezig. en dit is een test
Er ontstaat een downtrend op de DAX 40 en is aan het einde van wave 3 aangekomen een kleine beweging omhoog richting wave 4 en dan op naar wave 5 koersdoel 13300 /13200 / 13100.
Jamie Gun2Head - Selling Dax AGAIN!!!Trade Idea: Selling Dax (again)
Reasoning: At key resistance level - looking for a move lower, MACD divergence !!
Entry Level: 14546
Take Profit Level: 14290
Stop Loss: 14644
Risk/Reward: 2.61:1
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GER40 Sell a break setup.GER40 - Intraday - We look to Sell a break of 13479 (stop at 13561)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
A break of the recent low at 13483 should result in a further move lower.
Our outlook is bearish.
Our profit targets will be 13281 and 13231
Resistance: 13650 / 13720 / 13800
Support: 13500 / 13400 / 13270
GER40 Sell into a swing high.GER40 - Intraday - We look to Sell at 14149 (stop at 14231)
Daily signals are mildly bearish.
The previous swing high is located at 14162.
14189 has been pivotal.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 13941 and 13901
Resistance: 14100 / 14150 / 14200
Support: 14000 / 13950 / 13900
GER40 Sell into a rally.GER40 - Intraday - We look to Sell at 13988 (stop at 14063)
Our short term bias remains negative.
We look for a temporary move higher.
Bespoke resistance is located at 14000.
50 4hour EMA is at 14020.
Our profit targets will be 13801 and 13761
Resistance: 13900 / 14000 / 14100
Support: 13700 / 13600 / 13500
Potential Shark Forming 🦈🦈GER30 - Another shark (You see the trend)
Here i'm waiting for price to hit either the .886 of this shark or the demand zone below, with the current outlook across the stocks i'm looking for a bullish push before a retracement then continuations!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
GER40 Buy the 50EMA.GER40 - Intraday - We look to Buy at 14474 (stop at 14394)
Short term bias is bullish.
There is no clear indication that the upward move is coming to an end.
50 4hour EMA is at 14460.
We look to buy dips.
Our profit targets will be 14674 and 14714
Resistance: 14700 / 14800 / 14900
Support: 14600 / 14500 / 14400
GER40 Sell the previous support.GER40 - Intraday - We look to Sell at 14318 (stop at 14401)
Short term bias has turned negative.
Previous support at 14300 now becomes resistance.
We look for a temporary move higher.
20 1day EMA is at 14316.
Our profit targets will be 14111 and 14061
Resistance: 14150 / 14200 / 14300
Support: 14000 / 13900 / 13800
GER40 Sell a break of pivotal value.GER40 - Intraday - We look to Sell a break of 14319 (stop at 14404)
Daily signals are mildly bearish.
14323 has been pivotal.
A break of the recent low at 14323 should result in a further move lower.
Short term bias has turned negative.
Our profit targets will be 14111 and 14071
Resistance: 14400 / 14500 / 14600
Support: 14300 / 14180 / 14105
GER40 Sell a break setup.GER40 - Intraday - We look to Sell a break of 14178 (stop at 14276)
Daily signals are bearish.
A break of yesterdays low would confirm bearish momentum.
50 4hour EMA is at 14230.
The bearish engulfing candle on the daily chart is negative for sentiment.
Our profit targets will be 13931 and 13841
Resistance: 14380 / 14500 / 14580
Support: 14180 / 14100 / 14000
GER40 Buy a break setup.GER40 - Intraday - We look to Buy a break of 14561 (stop at 14469)
Short term bias is bullish.
14556 has been pivotal.
A break of the recent high at 14556 should result in a further move higher.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 14788 and 14848
Resistance: 14400 / 14550 / 14800
Support: 14250 / 14100 / 14000
GER40 Sell into a rally.GER40 - Intraday - We look to Sell at 14519 (stop at 14624)
Price action has stalled at good resistance levels and currently trades just below here (14500).
We look for a temporary move higher.
Daily signals are bearish.
Preferred trade is to sell into rallies.
50 1day EMA is at 14520.
14556 has been pivotal.
Our profit targets will be 14257 and 14207
Resistance: 14500 / 14600 / 14800
Support: 14300 / 14100 / 14000