NAS100 Daily Outlook | July 28Hi All,
After FOMC news drive yesterday, WHAT ELSE?
Here are my thoughts;
1. There is a lot of noise to the left hand side so am capping my profit target for buys from 12565 to 12667 zones.
2. Buying mostly today is also confirmed by my WICK FILL play (join my live session to access my 90% winrate playbook) but traders must not expect price to move aggressively to 12900 rather focus on the closest resistance level
3. There are chances that price can drop up until 12303/12174 levels in near term and this is because;
a. We have a strong support level around 12303
b. Previous day's bar does not have a bottom wick hence has the tendency to draw price back to itself.
Let me know what you think about my analysis in the comment session.
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Pairs: EURUSD / NAS100 / GER30
-Kings.
GER30 CFD
GER30 Long OpportunityGER30 has formed a bullish flag chart pattern at the H4 perspective. Wait for the breakout of the structure to look for long opportunity.
Daily analysis and trade setups on DAX Ger30 20220727First of all, Happy Volatility Day
DAX/GER30 is still playing around Chop Zone but everything changes (perhaps) at 13:30 UK / 14:30 EU / 8:30 NY
Blue zones B, C and brown mega zone B are in play. Break above Brown Zone B will change the course of the market
Buy
Break: 13270, 13350, 13440, 13600
Reversal: 12990, 12910, 12830, 12750, 12670, 12630
Sell
Break: 13100, 12920, 12830, 12750, 12925
Reversal: 12340, 13440, 13590, 13840
Only zone chart is here >>>
For more precise levels, here is the Green Goblins chart >>
Confluence chart is here >>
Daily analysis and trade setups on DAX Ger30 20220726It's all CHOP CHOP CHOP with DAX for the last 3 days.
Unless one of the levels 13140 or 13290 are broken with confidence, it's going to be like this till FOMC tomorrow
I have observed this behaviour in all the assets when they get close to Brown top levels. DAX is near Brown level B at 13440.
Yesterday's levels are still in play i.e. Blue B and Brown B
Buy
Breaks: 13350, 13440
Reversals: 13100, 12970, 12920, 12830, 12790
Sell
Breaks: 13100, 12990, 12920
Reversals: 13350, 13440, 13600, 13840
For more precise levels, here is the Green Goblins chart >>
Confluence levels are here >>
Daily analysis and trade setups on DAX Ger30 20220725Dax is at a pivotal point. Brown Zone B is in strong play. I think it will go where the US markets go. Wednesday's FOMC will keep markets in a tight range.
Macro movers: Germany business climate index
For immediate direction, as far as it remains above 13100, it is in bullish zone.
Blue zones C and B are also in play.
Buy
Breaks: 13225, 13270, 13350,
Reversals: 13100, 12990, 12900, 12830, 12750, 12670, 12620
Sell
Breaks: 13080,12970, 12920, 12850
Reversals: 13370, 13440, 13480, 13550, 13600
For more precise levels, here is the Green Goblins chart >>
www.tradingview.com
Confluence levels are here >>
DAX Index, Buy from level. GER30Hello 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.
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Write your comment and opinion below to me
Daily analysis and trade setups on DAX Ger30 20220722DAX is likely to consolidate today. However, PMI data might change that and make it directional
Blue zones B, C and mega zone Brown B are in play today.
Break below 13100 can drop DAX to 12800 and below
Break above 13300 can take DAX to 13600 and above
Buy
Breaks: 13220, 13270, 13350, 13450
Reversals: 13050, 12960, 12900, 12820, 12700
Sell
Breaks: 13160, 13100, 12990, 12925. 12825
Reversals: 13270, 13380, 13475, 13630
Chart with Green Goblin levels >>>
Daily analysis and trade setups on DAX Ger30 20220721Mega zone Brown B is in play today
Price action may remain in a tight range around 13300 till ECB decision at 12:15
Outlook still remains cautious bullish with Gandalf Line at 13600
Buy levels:
Reversals >> 13200, 13050, 12970, 12920
B/O >> 13300, 13460, 13600
Sell levels
Reversals >> 13850, 13600, 13470, 13300
B/O >> 13190, 13040, 12930
Detailed Chart >>
GER30 4H (it looks to up) GER30 - 4h
now will try to reach 12830 then again will try to stay at the upward zone
GER30 will try to stable above 12830 to reach 13000 first station then 13260 & 1347
breaking each price respectively will touch the next resistance line
But if can break the support zone so then the direction will be strong down to touch 12050 and 11770
GER30 4H GER30 - 1D
now will try to reach 12830 then again will try to stay at the upward zone
GER30 will try to stable above 12830 to reach 13000 first station then 13260 & 1347
breaking each price respectively will touch the next resistance line
But if can break the support zone so then the direction will be strong down to touch 12050 and 11770
MONDAY OVERVIEW - Long Term and Intraday Setups on INDEX and FXHi Traders,
This is my view for this week on:
- SPX500
- NAS100
- SILVER
- CHFJPY
- EURUSD
- GBPUSD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
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DE30 11th JULY 2022DE 30 is considered a strong measure of German and European economic health.
German regulators put that collapse down to fears for the country's economy in the face of curbs in the supply of Russian gas that underpins industry, said one person with knowledge of the matter. Germany could be opening a bleak chapter. Although it held up better than the euro area as a whole during the pandemic in 2020, its economy did not rebound as strongly as the bloc in 2021 and is expected to lag this year. Globalisation, just-in-time supply chains and cheap energy from Russia - those are things that are changing and they are changing for good.
DAX with a clear bearish trendThe DAX is in a clear bearish trend and there seems little that can support the idea of upside, one bullish thought might be the fact that the EUR is weak and that could help with exports for the German industry, but with inflation being so high globally and supply chains being so disrupted I highly doubt this will help the German industry generate an income since so many of their companies are on the verge of a shutdown...
The image in Germany is not pretty and as it seems we will only continue to face further problems.
Price action is king right? Well if we take a look at this weekly chart all I see is reasons to sell... like... hell!
Constant lower lows since the H&S pattern formed at the ATH, a clear rejection of a reversal at that double top which formed at the end of May and a new weekly low followed right after that rejection.
It seems for now that we are heading towards the 11650 zone for the DAX.