Daxusd
GRXEUR SELL OPPORTUNITY GRXEUR
Hello traders
We have strong supply zone on the chart but now market oversold
we may have correction something like flag patern or more complex
we may go to near demand zone and if price dont break this zone we may sell
sell from demand its a risky trade so you can wait until price break supply zone and then sell
targets on the chart
Brexit Impact on DAX - Polls versus Odds See the diferencesBrexit Financial Times poll 6 June:
Stay: 45%
Leave:43%
Odds Betfair
Stay: 70%
Leave: 30%
Something is not right, someone is lying and i bet are polls.
Base on that i design a new up channel and a possible buy are to get long. Make your comments.
DAX 9733 May Lows Critical Level to WatchMy stop profit was actived at 10.037 (DAX futures) during this night. For now i am out, waiting where DAX wants to go. May lows is the key for bulls and bears at this moment. Has you see DAX break the ascendant channel. If DAX close below 9.733 a re-test of february is a option.
DAX Key Support at 9,900DAX Look: return to levels of demand
The key short-term support is at 9,900 points.
DAX drop 1,03% which falls at about 14:30 hours of today's session. This has led to the price of our indice to close the gap at 10.057 points. Short-term the trend is bullish (until the price stay inside the channel DAX still in bullish mode) . We do not appreciate any sign of weakness but to see a very bullish signal should wait for a close above 10.365 points (highs of this week).
EUR/USD 2016 high & DAX 30 2016 low highly correlatedthe yearly high of 2016, until this weekend in EUR/USD Cross-Rate was mor or less at the same time like the yearly low of the german blue chip equity share!
Interesting and important technical fact, at least in my opinion
- ahead of ECB Meeting this week (thursday) & FED Meeting next week (wednesday) !!!
take care
best regards:
4XSetUps
Poor Dax: Insane point drop since 2008 BUT Ready For Comeback Germany’s DAX sees Insane dropped since 08, BUT no to worry- next week is going to be an awesome week for DAX as Europe's Market for New Cars Grew 9.3% -
Extravagance automobile producers like Mercedes-Benz and Porsche score up huge gain.......
**Please I encourage you to shoot for this trade - and place your SL accordingly ( I hate to suggest 'SL ' 'cos I can only bear responsibilities for myself & my Team and not more ... :) Lol
Be smart!