GER40 - 24h expiry Price action continues to trade around the all-time highs. Price action resulted in a new all-time high at 18973. There is no clear indication that the upward move is coming to an end. Preferred trade is to buy on dips. 20 4hour EMA is at 18886. We look to Buy at 18885 (stop at 18765) Our profit targets will be 19185 and 19265...
DE30EUR - 24h expiry Short term bias has turned negative. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Daily signals for sentiment are at overbought extremes. Previous support at 18250 now becomes resistance. The trend of higher intraday lows has also been broken. 20 4hour EMA is at 18254. We look to Sell at 18350 (stop at...
Hello Traders! This is my idea related to GER4 40. I see two resistance levels and I expect a bearish domination, taking into consideration the evolution of previous days, it looks very likely to go bearish. I will set two targets, the first resistance and the second resistance level. I'm very curious about the move of the GER index this week. Traders, if you...
Pair : DE30EUR ( Germany30 ) Description : Impulse and Correction Completed in a Corrective Pattern " Symmetrical Triangle " in Short Time Frame and it has breakout the Lower Trend Line and Completed the Retracement. We have Break of Structure and Divergence
Pair : DE30EUR ( Germany 30 ) Description : It has Completed the Impulsive Wave " 12345 " and Corrective Wave " AB " at Fibonacci Retracement Level - 38.20% and it has also Completed the Breakout and Retracement for the Corrective Pattern " Bearish Channel " in Short Time Frame
Amazing over extended price if we manage to reach that blue ob on the top , over etending previous friday high
GER40 - 24h expiry We are trading at overbought extremes. Price action continues to trade around the all-time highs. The previous swing high is located at 16333. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Rallies should be capped by yesterday's high. Bespoke resistance is located at 16300. We look...
GER40 - 24h expiry Price action continues to trade around the all-time highs. Daily signals for sentiment are at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A higher correction is expected. A break of the recent low at 16240 should result in a further move lower. We look to Sell...
GER40 - 24h expiry Price action continues to trade around the all-time highs. 16301 has been pivotal. Short-term momentum is bullish. We are trading at overbought extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. We look for a temporary move higher. We look to Sell at 16297 (stop at 16377) Our...
GER40 - 24h expiry - Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action has posted a Doji candle and confirms a possible stall in the recent move. The trend of higher intraday lows has also been broken. We are trading at overbought extremes. A higher correction is expected. A break of the...
GER40 - 24h expiry - We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. 15708 has been pivotal. A higher correction is expected. Rallies should be capped by yesterday's high. We look to Sell at 15699 (stop at 15819) Our profit targets will be 15401 and 15341...
GER40 - Our short term bias remains negative. We are trading at overbought extremes. Trend line resistance is located at 15350. Short term momentum is bullish. Prices expected to stall near trend line resistance. 24h expiry - We look to Sell at 15359 (stop at 15479) Our profit targets will be 15059 and 15009 Resistance: 15200 / 15300 / 15400 Support:...
GER40 - Our short term bias remains negative. The bias is to break to the downside. News events could adversley affect the short term technical picture. A higher correction is expected. A break of the recent low at 15069 should result in a further move lower. Our profit targets will be 14759 and 14709 22h expiry - We look to Sell a break of 15059 (stop...
GER40 - We are trading at overbought extremes. Short term bias has turned negative. A higher correction is expected. News events could adversley affect the short term technical picture. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. 24h expiry - We look to Sell at 15466 (stop at 15586) Our profit targets...
GER40 - Intraday Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. The bearish engulfing candle on the daily chart is negative for sentiment. Short term momentum is bearish. 50 4hour EMA is at 15490. We look...
GER40 - Intraday - We look to Sell at 15424 (stop at 15504) The bearish engulfing candle on the daily chart is negative for sentiment. Daily signals for sentiment are at overbought extremes. Short term momentum is bearish. The trend of lower highs is located at 15490. Our short term bias remains negative. We look for a temporary move higher. Our profit...
GER40 - Intraday - We look to Sell at 15484 (stop at 15564) The bearish engulfing candle on the daily chart is negative for sentiment. Daily signals for sentiment are at oversold extremes. A higher correction is expected. The trend of lower highs is located at 15510. Prices expected to stall near trend line resistance. Our profit targets will be 15284 and...