Last week we were looking for a sell from 18500 with many technical confluences. We also had a 11 day straight bull run without any meaningful retracements. This is a continuation to the previous idea, as the price did not react from our level of interest and kept pushing higher. Currently waiting for 18800, which is the Weekly 0.786 fib level drawn from the all...
GER40 - 24h expiry - Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action has posted a Doji candle and confirms a possible stall in the recent move. The trend of higher intraday lows has also been broken. We are trading at overbought extremes. A higher correction is expected. A break of the...
Hi, We expect correct on GERMANY INDEX. Daily RSI ON 70 POINT, show us possible good moment to sell. TP1: 14500 TP2: 13900 Enjoy
GER40 - Intraday - We look to Sell a break of 12999 (stop at 13091) The bearish engulfing candle on the daily chart is negative for sentiment. A break of yesterdays low would confirm bearish momentum. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. The bias is to break to the downside. Our profit targets...
GER40 - Intraday - We look to Sell at 12866 (stop at 12941) Our short term bias remains negative. Preferred trade is to sell into rallies. 50 4hour EMA is at 12871. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 12688 and 12648 Resistance: 12700 / 12800 / 12900 Support: 12600 / 12500 / 12400 Risk Disclaimer The...
DAX 40 – Cash: Selling On Retracement To Within The Range Of Bearish Long-Tailed Pin Bar Signal Price Action: Price formed a Bearish Long-Tailed Pin Bar Signal late last week. Price exploded lower from the Bearish Multi-Bar Fakey Setup that had triggered on Wednesday, August 17th (We did not consider trading this setup, nor did we mention it at the time it...
GER40 - Intraday - We look to Sell at 13397 (stop at 13484) Daily signals are bearish. 13430 has been pivotal. 13438 has been pivotal. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Our profit targets will be 13171 and 13121 Resistance: 13200 / 13300 / 13400 Support: 13100...
GER40 - Intraday - We look to Sell a break of 13479 (stop at 13561) Daily signals are bearish. There is no clear indication that the downward move is coming to an end. A break of the recent low at 13483 should result in a further move lower. Our outlook is bearish. Our profit targets will be 13281 and 13231 Resistance: 13650 / 13720 / 13800 Support: 13500...
GER40 - Intraday - We look to Sell at 14248 (stop at 14321) Our short term bias remains negative. Preferred trade is to sell into rallies. 20 1day EMA is at 14230. Our profit targets will be 14048 and 13988 Resistance: 14250 / 14320 / 14400 Support: 14100 / 14000 / 13900
GER40 - Intraday - We look to Sell at 14318 (stop at 14401) Short term bias has turned negative. Previous support at 14300 now becomes resistance. We look for a temporary move higher. 20 1day EMA is at 14316. Our profit targets will be 14111 and 14061 Resistance: 14150 / 14200 / 14300 Support: 14000 / 13900 / 13800
GER40 - Intraday - We look to Sell at 14093 (stop at 14204) Daily signals are bearish. Trend line resistance is located at 14100. Bespoke resistance is located at 14100. 14094 has been pivotal. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Our profit targets will be 13808 and 13738 Resistance: 14000 /...
GER40 - Intraday - We look to Sell at 14078 (stop at 14191) Daily signals are bearish. Bespoke resistance is located at 14100. Trading close to the psychological 14000 level. We look for a temporary move higher. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. 20 1day EMA is at 14000. Our profit targets...