Dax has broken its legendary support zone a few days back and now it is retracing upwards.
I would wait for the price to a little higher and go short around 13050.
levels to watch 13050. 13100.
DE30/EUR 1D Chart: Rebound from 55-day SMA
The index that compiles 30 largest German companies is advancing against the Euro in the long-term rising wedge formation. This pattern started to form two years ago and today consists of two reaction highs and three reaction lows. Consequently, the breakout of the pattern is expected to happen in the Q2 2018.
In the...
Eger fiyat 13.030'u gecer ve 13.030 ustunde kalicilik saglarsa ana hedef noktasina varana kadar turuncu olarak cizdigim fibo seviyeleri arasinda hizli hareket edip tirtikli fibo çizgilerinde yavaslayacaktir. Birincil ana hedef olan 13.330 da ise duzeltme dususu gelebilir, islemden cikip beklemek gerek.
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If the price exceeds...
4h chart wedge pattern with H & S pattern within, waiting for a validating retest of the 100 EMA.
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Short term trend continuation setup in 15 min chart.
Bigger picture: Double bottom waiting for breakout and interaction with 100 EMA in 4h chart
Short term: looking for a move up out of the consolidation at EMA as seen in chart, looking for profit at previous resstance or 4h EMA.
Hi Guys,
I found this highly probable advance harmonic pattern 'Bearish Butterfly' forming in DAX or GER30 or DE30EUR for very good short. With the given possible range from 27.20 to 161.80 extension of move of XA and RSI also entering into the overbought region , we can expect a good short entry provided supporting price action for this short. I believe if...
From a 100% technical perspective, my chart is telling me DE30 looking for top of bullish channel since post subprime crisis rally. Before this happens though, I'd like to see a drop to 12316 - 12392 (2015 high) for a healthy climb the coming weeks. So to conclude my thoughts I think we've seen swing high looking for swing low to a new all time high that might...
Seems like we're moving in the channel and we have a pretty good reversal candle on the 4h. Let's see if the discount is over.
I am not trading this one, just testing.
Breakout and retest of either triangle or resistence (trend line).
Broke EMA in 30 min chart before but managed to get back up again and now retested EMA and got rejected immediately.
