The DAX, Germany's leading stock market index, is experiencing a downturn due to several factors. Global economic uncertainty, inflation concerns, and fears of higher interest rates are weighing on investor sentiment. Additionally, weaker-than-expected corporate earnings reports, especially from key sectors like automotive and manufacturing, have further...
4H Bullish impulse / break of last LH: indication . Inverse Head & Shoulders pattern: confirmation. Clear support & resistance zone is there. Corrective approach towards entry zone. More clear from a 1H perspective. -68 Fibonacci completion also aligning with entry zone. = Buy limit. 1% risk.
4H Corrective approach towards entry zone. Market approaching in Bull Flag formation towards entry zone. -68 Fibonacci level aligning with entry zone. = Buy limit set. 1% risk.
1H Corrective approach towards entry zone. Market moving in descending channel towards entry zone. Bears getting tired. -68 Fibonacci completion aligning with entry zone. = Buy limit. 1% risk.
Hughe bull trap forming during Asia, price to rally into drawn zone, dump and then recover to form the new High of the day!! Very nice template being engineered by the operators.. stay tuned for updates
GOOD LUCK My trading strategy is not intended to be a signal service. It's a process of learning about market structure and sharpening my trading skills. happy trading to everyone!
Gold created a possible Bearish Setup by yesterdays news Impact. Look for the structure shift and wait for confirmation.
BtcUSD, currently following bearish trends and structures. As long as the structure holds thinking price will target the lower price target and fill in the mpib and possibly test the b. ob. then return to mfv testing the bb. (Setting price Alerts at each target area.)
Here we see that there is an initial structure of trend change where there is a lower low and a higher high, so we can assume that EURGBP will have the potential to change from a downtrend to an uptrend. in this setup, it is enough from the demand zone and the target price in the supply zone, the closest target price if this setup is successful is 0.842 - 0.8435....
Simple clean price action trade, short on FX:USDSEK from resistance, target at next support.
here i break down the actual sentiment and how to look at price, if considering wicks you will start to get confused because you'll see most times wicks pierce the recent low or high. which is okay however, that doesn't mean that it broke structure (don't get me wrong, maybe on a different TF it did but this is where the confusion comes in). volume tells the real...
the scenario ICPUSDT * if red support with rejection candle: bull short the target on yellow supply * if red support with bear engulfing candle: short the target on yellow demand
Here's my view on this pair, only for educational purposes.
Naked Brand Group Ltd (NASDAQ:NAKD) has an increasingly bullish bias on the daily time frame, with the stock now trading above the 70c resistance level. Plus, the emergence of a potential inverted head and shoulders pattern with a neckline around 78c frame offers a strong indication that the stock can still trade much higher over the short-term. Note: It is a...
Fone hour chart shows a lot of progress. It's a huge bullish falling wedged.
3% LONG * GBPNZD ENTRY: 1.91437 STOPLOSS: 1.90870 TP: 1.91882