Support occurs where a downtrend is expected to pause due to a concentration of demand.
Here is my view for GER30 on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Price has bounced off the 23.6% Fibonacci retracement, we could see the momentum carry price up to its take profit target. Entry: 14,872.48 Why we like it: There is a 61.8% Fibonacci retracement and a swing low support Stop Loss: 14,442.76 Why we like it: Swing low support Take Profit: 15,718.21 Why we like it: There is an overlap resistance Please be advised...
We're watching the support level of 14877 very closely as it's a major overlap, 23.6% Fib retracement and a break of this level, coinciding with the ichimoku cloud bearish exit, could trigger a massive drop to the next support level at 13863. It's also nice to see strong bearish divergence vs Stochastic suggesting we could see a big reversal upon the break of the...
On H4 there's a nice confirmation tested 2 times so we're surely looking to sweep the untested OB . I indicated using the green horizontal line which is the 50% candle which is the level I'll be taking short trades from . I hope everyone will have a profitable Monday. Feel free to ask more about the trade idea
We're seeing price break at key support at 15240 which could potentially trigger a move down to major support at 14967 - which has seen prices bounce off multiple times in the past. There is a descending resistance line that is pushing prices down along with the bearish Ichimoku cloud. The bearish momentum could carry the breakout all the way down to the 14967...
Looking for lower prices on GER30 to take out sell side liquidity pool
Looking for lower prices on GER30 to run sell stops
Hello traders! ‼️ This is my analysis on GER30 . Here we are in consolidation phase, so we can see AMD pattern, I expect price to manipulate buy side liquidity and then to distribute lower. Like, comment and subscribe to be in touch with my content!
Order block pending 13520 LIKE AND COMMENT 1:7 RRR ENJOY
Hello traders! ‼️ This is my analysis on GER30 . Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance below and then to reject from bullish orderblock. Like, comment and subscribe to be in touch with my content!
ger30 has block order , on 4h timeframe . and its near to touch . lets watch and get decision about pos .
Hello traders! ‼️ This is my analysis on GER30 Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to reject from bearish orderblock and retrace till bullish orderblock, where I am looking to open a long position. Like, comment and subscribe to be in touch with my content!
Hello traders! ‼️ This is my analysis on GER30 . Here we are in a bullish market structure, on H4 timeframe, so I am looking only for longs. I expect price to make a retracement to fill the imbalances below and then to reject from bullish orderblock. Like, comment and subscribe to be in touch with my content!
we have 3 order and some news . carefully trade on size.
Volkswagen - Short Term - We look to Sell at 145.76 (stop at 152.42) The medium term bias remains bearish. Broken out of the channel formation to the downside. We have a Gap open at 145.76 from 19/08/2022 to 22/08/2022. Preferred trade is to sell into rallies. Our profit targets will be 120.52 and 115.00 Resistance: 145.76 / 151.50 / 160.86 Support: ...
Hello my friends, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. We have a bullish trend and price keeps it but If the price loose the support zone, the sell position will be activated in the direction of the arrow. Also consider the Taiwan situation. So monitor the price's action in the circles. Good...
Hello my friends, Everything is clear on the chart for you like always. We have a W pattern at support zone so I expect a long leg to resistance zone. So monitor the price's action in the circles. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me