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Deutsche Bank: Projected top and long term Sell Entry.Deutsche Bank (DB) has been on a strong medium term rise on the 1W chart since the August low (RSI = 65.146, MACD = 0.232, ADX = 21.619, Highs/Lows = 0.9691). This rise is the bullish leg of the long term Channel Down (since 2012), that is aiming for a Lower High inside the pattern. The previous Lower High bounces have been 85% on average and the last one made a peak on the 0.500 Fibonacci retracement level. Currently this level is at 11.35, which fits the +85% rise model. This is also where the price meets the technical rejection point of the 1W MA200 (orange line) which has been acting as a Resistance since May 2008. With the RSI already inside the Sell Zone, we believe it is best to wait for this top to form and sell back towards the 6.45 Low. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NYSE:DB
by InvestingScope
BACK IN THE GAME... LET'S SMASH 2020 TOGETHER!!Been away from trading due to holidays (Thank you Isreal you were amazing!!) So here we are in a long term descending channel from a higher timeframe. Price will most certainly reach the top and re-test it. And during this long term channel, we have a shorter ascending channel with a perfect place to enter. HOWEVER... If it was only that easy ever retail trader would make money! The banks know this and manipulate to market to take out all the stop losses for liquidity. They need this as their orders are so big, price would just shoot if they tried to place them all at one level. GOLDEN RULE - - - FOR A TRANSACTION TO TAKE PLACE ON THE MARKET, THERE MUST BE A BUYER AND THERE MUST BE A SELLER. ALWAYS.
Long
by joebrownFX
Planning a trade wayyy before it happens.... HERE'S HOWI'm expecting price to return to the long term descending channel as there is a lot of liquidity there for the taking. I expect this to happen via the channel breaking (wiping out stop losses) then price to continue downward. I have a trade idea already generated before price even reaches that destination, so when it does I am fully prepared for any scenario. If you can try and look to the future then you will get a better feel for the markets. I struggled to explain this one, sorry. Happy trading!
Short
by joebrownFX
6
Long on KBE WHY KBE? KBE - tracks an equal-weighted index of US banking stocks. Meaning, The big boys (Banks) and the smaller ones gets an equal -weight. With small cap ( IWM ) leading the major index last week and the finance sector ( XLF ) being under the radar with good earnings, we might c a major breakout 2 the whole finance sector. In the technical point of view' i identify one of my favourite pattern , The ascending triangle. With that said, We might c KBE gets the upside i am waiting 4.
AMEX:KBELong
by tsippi100
USDJPY short (Video Analysis) Bank Trap Why ?Hello Traders ! Nice move on USDJPY. It broke through the Resistance/Supply Zone. This was not a surprise actually. A lot of people saw that "nice" Resistance and jumped into shorts. USDJPY is currently near at a Supply Zone. Watch Price Action for the Entry and Confirmation. Hope you enjoy my Analysis. Let me now in the comment section below your view on USDJPY and what you think about my Analysis. Please leave a Like Thank you and we will see next time - Darius.
Short
by DariusFxTrading
8
Canadian Banks (UPDATE)Canadian bank stocks haven't really moved in 2 years. This consolidation has confused both bulls and bears, but it will come to an end by the end of this year (2020). Breaking above the all-time high will be a big buy signal, as it will indicate that the cyclical bull market is still intact. However, breaking below the major upward trendline will confirm a change in trend. Current the bias is to the upside, but this can quickly change if time runs out and price doesn't make it above the all-time high. Based on my own fundamental analysis of the Canadian banking sector, there are significant problems brewing that could heavily impact equity values. Bank assets that are included in this bank index are mainly composed of speculative loans (+75% of bank balance sheets) to the real estate and financial sector. In China it's the opposite situation, where most bank assets are held by corporations who are engaged in some kind of productive activity. Thus, in Canada if there is a shock in the asset values of the speculative assets underlying the loans it will have a severe negative impact on Canadian bank equity. Also, remember that Canada's yield curve is currently negative. This is a big sign of a recession ahead for the country. Households are holding a significant amount of debt (almost the highest ratios in the world), and are staring at some of the highest asset valuations in history. Moreover, manufacturing is contracting. There are no industrial policies in Canada at the moment that could counteract these trends, and it doesn't seem like Canadian governments are shifting away from laissez-faire policies. PS. If you found this idea useful/interesting be sure to follow me on my Twitter account where I post more frequently. The link can be found on my TradingView profile or @ErikFertsman.
TSX:TXBA
by Trader6127
First dip into Institutional TradingI did personally did not take this trade. After watching videos on learning how banks and institutions trade, I decided to try and mark out liquidity zones on Gold and drew my analysis. In this process, I realized that these moves happen all the time in the market and everything started to click. I intend to become more well-versed with institutional trading concepts and eventually take action on potential trades I see in the market. I haven't made one yet but I feel like a well thought-out, solid trading plan would help me immensely and get me where I want to be. This style of trading is super eye-opening and only convinces me to improve. - Who wouldn't want minimal draw-down and and high reward?? - Sniper entries all day. - I'll always be a student the market. Cheers ya'll.
FX_IDC:XAUUSD
by Vstackss
Deutsche Bank LongNYSE:DB Entry - $7.60 Target 1 - $8.30 Target 2 - $9.65 Target 3 - $12 Stop loss - $6.79 DB is at an important Fib level as well as showing Bullish Divergence. Be aware that this is a contrarian play and a countertrend trade. However, this area has a good chance of being a medium term bottom and we might be catching a trend reversal here which can be very powerful. I plan on taking a 100 share position and selling calls against it on the way up as we hit important fib levels/moving averages. Trade at your own risk and remember, this is not financial advice and I am not a financial advisor. Do your own research and due diligence.
NYSE:DBLong
by BrownBearTrades
4