GER30 in the Neutral Range again - Wider Look on the ChartHello to all watching my charts.
I got a lokk at the German GER 30 Index Dax (R) and what we see is
that i have divided them in 3 parts
Long Part: Above the Aerea of 12770
Neutral Part: Between 12540 and 12770
Short Part : Below 12540
These Marks are always at GER30 Plus Minus 20/30 Points
cause thse Inex is bounce arond always since years.
Maybe we will get an inverse SKS here in the big picture
but that we have to wait on the right shoulder shich is not here.
If the indexx bounced big above 12770 than we got it
and that would be a big LONG signal.
Good trades.
If you want to support my work, please like them
My analyes here are all NOT a request to buy or sell
seomething. Allways do you own research.
Renkotrade
Ger30buy
The GER30 weekly timeline is long...The exchange rate has crossed two MA axes in recent weeks. Looking at the previous fractal that passed through the MA (100,200) axes, it can be seen that it "oscillates" around the axes and this wave structure created by oscillation forms the accumulation area of the exchange. Current analysis assumes that this current movement has a similar fractal structure. In this case, the exchange rate may start to increase significantly after a few weeks. The rise may reach 21%. Target price 14366. Again, long term analysis.
UPDATE: DAX shows its cards, Patience for a BUY setupHi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
WEEKEND REVIEW: German DAX looks to be in an ABC, PATIENCE!Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!