GERMANY 30/40 DE40 DAX Bullish Heist PlanHello My dear Indices Traders,
This is our Day Trade master plan to Heist Bullish side of GERMANY 30/40 Market. my dear Looterss U can enter at the any point above my entered area, Our target is Red Zone that is Hgh risk Caution area, If There is any Bad news it make our heist very sad and if the news is favorable for us then we can continue our looting from there with help of trailing stop.
My dear Robbers please book some partial money it will manage our risk. Be safe and be careful.
De30
DAX to find support at market price?DE30EUR - 24h expiry
Price action resulted in a new all-time high at 17904.
We look to buy dips.
50 4hour EMA is at 17685.
The primary trend remains bullish.
Offers ample risk/reward to buy at the market.
We look to Buy at 17690 (stop at 17590)
Our profit targets will be 17940 and 17990
Resistance: 17760 / 17907 / 18000
Support: 17710 / 17618 / 17500
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
DAX to follow the US positive price action?GER40 - 24h expiry
Price action resulted in a new all-time high at 17066.
There is no clear indication that the upward move is coming to an end.
Our outlook is bullish.
Preferred trade is to buy on dips.
20 4hour EMA is at 16966.
The measured move target is 17184.
We look to Buy at 16970 (stop at 16890)
Our profit targets will be 17170 and 17250
Resistance: 17066 / 17100 / 17200
Support: 17000 / 16930 / 16850
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Will DAX find buyers at 78.6% pullback?DE30EUR - 24h expiry
Price action continues to trade around the all-time highs.
The primary trend remains bullish.
We look to buy dips.
20 4hour EMA is at 16865.
Levels close to the 78.6% pullback level of 16863 found buyers.
We look to Buy at 16865 (stop at 16785)
Our profit targets will be 17065 and 17125
Resistance: 16970 / 17004 / 17100
Support: 16890 / 16800 / 16750
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
DAX to find buyers at market levels?GER40 - 24h expiry
Short term bias has turned positive.
Levels close to the 50% pullback level of 16724 found buyers.
The primary trend remains bullish.
We look to buy dips.
Prices have reacted from 16444.
We look to Buy at 16725 (stop at 16645)
Our profit targets will be 16925 and 16985
Resistance: 16885 / 16962 / 17004
Support: 16790 / 16724 / 16657
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
DAX to breakdown at overbought extremes?GER40 - 24h expiry
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Current prices have reacted from a low of 16662, however, we expect further losses to follow.
Price action resulted in a new all-time high at 17004.
An Evening Doji Star formation has been posted at the high.
A break of the recent low at 16662 should result in a further move lower.
Daily signals for sentiment are at overbought extremes.
We look to Sell a break of 16658 (stop at 16758)
Our profit targets will be 16418 and 16348
Resistance: 16793 / 16850 / 16950
Support: 16720 / 16662 / 16600
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
DAX Short setupDax looks so good for a short. I can clearly see a broke down of a weekly trendline on higher timeframe. On lower timeframe we can also see a break of a short-term trendline, short squeeze and drop. My indicators also shown a good divergence on h4 timeframe, and a drop is gihly expected
DAX continues to break into new all time highs.GER40 - 24h expiry
Price action resulted in a new all-time high at 16823.
There is no indication that the rally is coming to an end.
Yesterday's Marabuzo is located at 16715.
Preferred trade is to buy on dips. Our outlook is bullish.
We look to Buy at 16715 (stop at 16615)
Our profit targets will be 16965 and 17025
Resistance: 16823 / 16900 / 17000
Support: 16767 / 16700 / 16650
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
DAX CEEPS CLIMING AMONG UNIMPRESSIVE ECONOMIC DATA European stock markets rallied today amid indications that major central banks might have concluded their tightening cycle. The DAX index in Germany edged up by 0.1%, fueled by growing investor optimism about the European Central Bank's pause on interest rate hikes despite bleak economic data.
The Eurozone faces a potential recession in the last quarter of the year, with German factory orders plummeting by 3.7% in October. As consumers grapple with high interest rates and prices, European retail sales are expected to rise marginally by 0.2% on the month, showing an annual drop of 1.1%.
ECB's Isabel Schnabel's comments hint at a halt to rate hikes, triggering a decline in the euro against the dollar. Speculation on impending rate cuts has propelled the DAX to record highs. The uncertain market awaits the Fed's meeting next week and the ECB's final rate decision, crucial factors in determining the EUR/USD's next move. For now, a dovish Fed or an upturn in European data could signal a potential turnaround for EUR/USD bulls.
On the technical side, MACD is still showing Buy signals, while RSI is deep into overbought territory.
If the price continues to climb, it might reach levels of 16880, but if it drops, it might fall to the support level of 16277. As a pivot point might be considered 16493
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Upward Momentum For The DAX Amidst Economic Data Release The DAX in Frankfurt exhibited robust performance, closing at 16,150.17 with a 1.10% surge, largely fueled by positive market responses to German Consumer Price Index (CPI) data and Federal Reserve hints at potential rate cuts. German CPI figures for November indicated a substantial easing of inflationary pressures, favorably impacting investor sentiment. Throughout the trading day, the index fluctuated between a high of 16,167.94 and a low of 15,989.91, surpassing its previous closing value of 15,975.22. Key players like Infineon Technologies saw a 4% spike in shares, while other notable performers such as Zalando, Sartorius, and Siemens Energy registered over 3% climbs. Additionally, the automotive sector depicted strength with Vonovia, BMW, and Mercedes Benz Group securing gains exceeding 2%. However, not all DAX constituents experienced positive momentum, with Covestro and Munchener Ruck facing declines greater than 0.5%.
Amidst the market upswing, the euro slightly retreated against a strengthening dollar, trading within the range of $1.1018 to $1.0969. The Dollar Index, measuring the dollar's strength against major currencies, increased by 0.15% to 102.90. Simultaneously, German government bond yields mirrored the global trend of declining yields, closing at 2.4510%, a 1.7% drop from the previous session. This decline aligns with softer inflation data and potential prospects of a more accommodative Federal Reserve monetary policy, including probable rate cuts to stimulate economic growth.
Technically, the DAX's monthly chart indicates an ongoing upward trend, but the index faces critical junctures. Despite retesting previous highs, the index hasn't broken out, while recent weakness challenges price support. A breakout would signify bullish prospects for both Germany and the United States, whereas a failure at price support could convey a negative message for both economies. Supported by indicators like MACD and RSI, a continuation of the bullish trend might propel the price towards levels around 16,295.42, considering a pivot point at 16,170.56 that could lead to a return to 16,129.73. Investors are advised to closely monitor these pivotal levels as they could dictate the index's future trajectory and signal broader market implications, not only within Germany but also for global markets, particularly in the United States.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses
: European Equities and DAX: Navigating Bullish Sentiment Amid EEuropean equity markets, especially the German DAX, are poised with a bullish sentiment despite concerns about a potential economic slowdown in 2024. Analysts surveyed anticipate a moderate increase in European benchmarks, projecting a 4.1% rise for the pan-European STOXX 600 index and a 2.5% increase for the Euro STOXX 50 index by the end of next year. Amid worries over economic headwinds and the possibility of a recession, the markets remain cautiously optimistic, attributing the potential growth to expectations of a more dovish stance from central banks and a potential easing in energy prices.
Despite Germany's position as the bloc's industrial powerhouse facing challenges due to its reliance on energy-intensive industries and external demand, the German DAX is expected to rise by 5% by the end of 2024, building upon its 14% gain in 2023. Analysts emphasize the importance of key levels for the DAX, suggesting that a breakout from current resistance levels could signify a bullish trajectory for both Germany and the broader U.S. markets. Technical indicators such as RSI and MACD also align with this bullish sentiment, providing buy signals.
Investors are cautiously optimistic, considering the potential for a year-end rally in the U.S. to positively impact European equities due to increased risk appetite globally. However, concerns persist regarding a possible economic slowdown's impact on European markets, particularly in the latter half of 2024, posing challenges for sustained growth.
The current outlook for DAX hints at a continuation of its upward trend, potentially reaching resistance levels around 16,060. However, analysts also note the possibility of a drop towards support levels around 15,860 should a pivot point at 15,962.66 be breached, reinforcing the importance of monitoring key levels for cues about future market directions.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
DAX to break to the upside?DE30EUR - 24h expiry
Posted Mixed Daily results for the last 2 days.
Overnight losses have been limited.
We are trading at overbought extremes.
There is no clear indication that the upward move is coming to an end.
15956 has been pivotal.
A break of the recent high at 15956 should result in a further move higher.
The bias is to break to the upside.
We look to Buy a break of 15966 (stop at 15866)
Our profit targets will be 16216 and 16276
Resistance: 15956 / 16000 / 16100
Support: 15917 / 15800 / 15720
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
DAX to continue in the upward move?DE30EUR - intraday
There is no clear indication that the upward move is coming to an end.
A Doji style candle has been posted from the high.
A lower correction is expected.
Preferred trade is to buy on dips.
20 4hour EMA is at 15694.
We look to Buy at 15705 (stop at 15605)
Our profit targets will be 15955 and 16005
Resistance: 15869 / 15900 / 16000
Support: 15778 / 15712 / 15650
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
DAX to turn into an uptrend?DE30EUR - 24h expiry
The bullish engulfing candle on the 4 hour chart the positive for sentiment.
Our short term bias remains positive.
The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
A break of yesterdays high would confirm bullish momentum.
Short term RSI is moving higher.
We look to Buy a break of 15301 (stop at 15201)
Our profit targets will be 15551 and 15601
Resistance: 15291 / 15400 / 15500
Support: 15180 / 15100 / 15068
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GERMAN40 BEARISH OUTLOOKGermany, a European economic powerhouse, is facing the threat of a technical recession as its industrial production, particularly in the automotive sector, has experienced a significant decline. In September, industrial production fell by 1.4%, surpassing the projected 0.4% drop, and the third quarter saw a 2.1% decrease in total production. The automotive industry, a crucial part of Germany's economy, reported a 5% drop in vehicle production from the previous month, alongside declines in other vital sectors like electrical equipment and pharmaceuticals. While there was a slight increase in factory orders for September, primarily due to large-scale orders and backlogs, economists remain cautious about the potential for future economic growth.
This economic downturn is worrisome for Germany, as it may be heading toward a technical recession, characterized by two consecutive quarters of economic contraction. Policymakers and economists are likely to closely monitor the situation and may consider measures to support the economy, such as fiscal stimulus or incentives to boost consumer spending and business investment. However, the situation is not isolated and may be influenced by global economic trends and factors, making it essential to keep an eye on international economic developments to gauge Germany's economic prospects in the coming months.
On a technical note, the daily graph had produced an Evening Star pattern that is reliable pattern for a downtrend. RSI is still on the neutral site, but MACD is already showing sell signals.
If this trend continues the price might reach levels of 14 977.5. In the opposite scenario the price might reach levels of 15 315.21
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses
DAX to turn positive?GER40 - 24h expiry
The previous day's bullish engulfing candle led to further buying yesterday.
3 positive daily performances in succession.
Short term momentum is bullish.
Price action looks to be forming a bottom.
Bullish divergence is expected to support prices.
14936 has been pivotal.
A break of the recent high at 14936 should result in a further move higher.
We look to Buy a break of 14941
(stop at 14841)
Our profit targets will be 15191 and 15271
Resistance: 14885 / 14936 / 15000
Support: 14850 / 14800 / 14700
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Will DAX turnaround today?DE30EUR - 24h expiry
We are trading at oversold extremes.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
A Doji style candle has been posted from the base.
A break of the recent high at 14920 should result in a further move higher.
The primary trend remains bullish.
We look to Buy a break of 14922 (stop at 14822)
Our profit targets will be 15172 and 15232
Resistance: 14920 / 15000 / 15100
Support: 14780 / 14700 / 14600
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
DAX continues in the downward move.DE30EUR - 24h expiry
Our short-term bias remains negative.
There is no clear indication that the downward move is coming to an end.
15100 has been pivotal.
Bespoke resistance is located at 15100.
The preferred trade is to sell into rallies.
20 4-hour EMA is at 15080.
We look to Sell at 15098 (stop at 15198)
Our profit targets will be 14848 and 14788
Resistance: 14981 / 15100 / 15200
Support: 14916 / 14800 / 14700
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GERMANY 30 MovePair : DE30EUR - Germany 30
Description :
Bearish Channel in Short Time Frame and Long Time Frame as an Corrective Pattern , In LTF its Rejecting from the Lower Trend Line and in STF it has Breakout the Upper Trend Line. Break of Structure and Divergence
Entry Precautions :
Wait until it Complete its Retest or Rejects from Previous Support