Long

EMA 200 = Buying trigger or Selling trigger?

Updated

We are trading near a potential support level, the 38,2 fibo and the EMA 200...something will happen here :-) It`s a nice 1-2-3 game btw

former thread:

PS: I don`t like these kind of counetrtrades (buying a supportlevel) , i prefer to catch the breakout when "breaking the "2" like shown in my former view

Note

Note

ema 200 was bought..rsi makes a Kind of buyxing Signal

Note

shortterm flag attack!

Note

YES!!

short reached thought tp

Note

the first 70points are made!

Note

reached 0,5 fibo

Note

will that szenario come?

;-)

Note

reentered the sideways-tradingboy aiming the upper edge

Note

2 clear tradingmarks

Note

breakout-time?

Note

dax should not fall back below 12140

Note

this is the Kind of stuff which my dreams are made of

Note

exactly kissed the resist @ 12200

Note

the next bo..phantastic

Note

dax should not fall below 11190

Note

YESS

Note

12300-12400 is still the Pivot resist, the make-or-break-Level! Will Dax break through that resist, a new ATH could be made...

Note

the consolidation endet at the 38,2 min correction Level - tp still is 12300/12380

Note

Trading below the 38,2 fibo ~ 12.170 should initiate a selling wave down to 12.085..below that Level a kiss of the former low ~ 12.020 is thinkable - latest here the market has to turn around...!

Note

flag attack

Note

aha

Note

aha

Note

reached min tp H&S

Note

isn`t that a nice flag?

Trade closed manually

new thread:

Note

Note

no more flag

Note

wow..fast market

Note

Reached last Support (last low, ema 200) = tradinggmark

Note

if we break through the last "2", a therotical tp could be 11.600 . If the market will be bought at the ema200 again, the target 12300 still can be aimed..but that seems to be the last last Chance

Note

trading below the ema is also a trendbreak of the illustrated trend in this tf....!

Note

fotr my anticyclical risk Lovers..catch the knife :-)

Note

the procyclical (i prefer it) variante (breakout)

Note

is this a mini-bottom?

Note

i think we will see lower lows :-)

Note

2 clear tradingmarks now...is this a kind of double bottom?

Note

rsi with a selling Signal in this tf

Note

short?

The_Cannalyst

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.