DAX, H4 | Bearish Breakout?We're seeing price break at key support at 15240 which could potentially trigger a move down to major support at 14967 - which has seen prices bounce off multiple times in the past.
There is a descending resistance line that is pushing prices down along with the bearish Ichimoku cloud. The bearish momentum could carry the breakout all the way down to the 14967 level.
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GER30-DAX
GER30 - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis on GER30 .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance below and then to reject from bullish orderblock.
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ger30 hasorderger30 has block order , on 4h timeframe . and its near to touch . lets watch and get decision about pos .
GER30 - Retracement expected ✅Hello traders!
‼️ This is my analysis on GER30
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to reject from bearish orderblock and retrace till bullish orderblock, where I am looking to open a long position.
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GER30 - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis on GER30 .
Here we are in a bullish market structure, on H4 timeframe, so I am looking only for longs. I expect price to make a retracement to fill the imbalances below and then to reject from bullish orderblock.
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Volkswagen stuck in reverse?Volkswagen - Short Term - We look to Sell at 145.76 (stop at 152.42)
The medium term bias remains bearish. Broken out of the channel formation to the downside. We have a Gap open at 145.76 from 19/08/2022 to 22/08/2022. Preferred trade is to sell into rallies.
Our profit targets will be 120.52 and 115.00
Resistance: 145.76 / 151.50 / 160.86
Support: 137.68 / 128.10 / 120.56
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
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DAX Index, will keep bullish but... GER30Hello my friends, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. We have a bullish trend and price keeps it but If the price loose the support zone, the sell position will be activated in the direction of the arrow. Also consider the Taiwan situation. So monitor the price's action in the circles.
Good luck.
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DAX Index, Buy from level. GER30Hello my friends, Everything is clear on the chart for you like always. We have a W pattern at support zone so I expect a long leg to resistance zone. So monitor the price's action in the circles.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
NAS100 [US100] Daily Outlook | July 06I called 2 trades (1 sell stop, 1 buy stop) during my live session, Sell Stop closed at BE after we have closed 50% @ 30pips, while the buy stop got triggered after we closed our live streaming and hit target (112pips) there after.
Will market makers drive price to our desired POI? Lets find out during my live trading/streaming session at 8:45 AM EST/ 4:45 PM GST (Mon-Fri)
Kings.
NAS100 [US100] Daily Outlook | July 5Hi Guys,
Hope you guys are hanging in there? Here's what am thinking today. Unfortunately i do not use those confusing terminologies, all i do is analyze the chart and make profits off price actions.
Let me know what you think about my levels.
See you at the live stream/ trading session from 8:45AM EST (Mon-Fri)
Kings...
Joe Gun2Head Trade - DAX Stalling into resistanceTrade Idea: Selling DAX
Reasoning: DAX Stalling into 38.2% Fibonacci resistance
Entry Level: 12866
Take Profit Level: 12616
Stop Loss: 12970
Risk/Reward: 2.43:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
⁉️ DAX Index (GER30) - Market Analysis Hello traders!
⁉️This is my analysis on GER30 .
Here we are in a bearish market structure with clear lower lows and lower highs. I have 2 points of interest for shorts, the first if the price rejects from bearish orderblock around price level 13100. The second one if the price fill the imbalance and rejects.
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Long Term Market Overview on DAX(Ger30)Long Term Market Overview on DAX(Ger30) .
We see that the overall Market is in an Up trend which is currently having a Pullback like all other Indexes but when will it stop is basically everybody's Big Question .
The market seems to have two areas where it normally U-turn from.
U-turn areas :
1) The Market shows that there's 2 Trendlines inner and outer, the inner trendline shows a strong U-turn Pattern where we could see a U-turn from towards our Target 16867.71.
2) I have also spotted a Gartley Pattern off the Monthly which could push the market to the 9926.68 which should U-Turn the Market towards the our Target 16867.71.
US30 - Full Elliott Wave Breakdown ✅Here we have the 2D chart for US30. We have the impulse starting Mid March in 2020, which recently ended in January 2022.
The Elliott Wave breakdown is as follows:
Wave 1 - is made up of 5 subwaves (impulse)
Wave 2 - Is a corrective wave made up of 3 waves (correction)
Wave 3 - is another impulse wave made up of 5 subwaves (impulse)
Wave 4 - is a corrective wave made up of 3 waves (correction)
Wave 5 - Can be either an impulse or a correction - But its made up of 5 waves
We can see that the impulsive wave has completed all of these phases and now we are in the corrective wave, which is an ABC corrective wave. We are now on the final C wave, which is broken down into 5 subwaves. We could be seeing subwave 4 forming and about to see the final 5th subwave down.
We are looking to buy US30 once there's another drop. Once the drop happens, we can assume the corrective period is over and we can ready ourselves ready to buy US30.
What do you guys think of this Elliott Wave Breakdown? Have we missed anything? If so, we'd love to hear!
Goodluck and as always guys, trade safe!