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Germany

Double Bottom in German Bunds, Expected Rally to 171.2Trend Analysis The main view of this trade idea is on the 15-Min Chart. German Bunds (FGBL1!) formed a double bottom or W chart pattern setup after testing 169.60 support and break above 170.3 resistance. Expectations are for the uptrend to continue, with the completion of the setup being around the 171.20 price level. Failure of the setup will be observed if FGBL1! were to decline below the long term moving average, taking the price to 169.80. Technical Indicators During the course of the double bottom setup, the respective short (50-MA), medium (100-MA) and long (200-MA) fractal moving averages had positive crossovers. Currently the price is trading above the respective MAs. Other technical indicators are also displaying bullish signs. The RSI is trading above 50 while the KST recently had a positive crossover. Recommendation The recommendation will be to go long at market, with a stop loss at 169.80 and a target of 171.2. This produces a risk/reward ratio of 1.37. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. Currently I have a position in FGBL1!.
EUREX:FGBL1!Long
by Ceddy86
DAX Buy Signal within the Channel UpPattern: Channel Up on 1D. Signal: Buy as the CCI entered the Buy Zone and the price is near the Higher Lows (bottom) trend-line of the Channel Up. Target: 16200 (just below the 1.382 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> GJMRealEstate --------------------------------------------------------------------------------------------------------
XETR:DAXLong
by TradingShot
DAX Which Channel will prevail?DAX is ahead of critical crossroads as the long-term Channel Up (blue) that was formed after the November 2020 U.S. elections is on its last leg (d) before the aggressive rally that last time (March-April) led to leg (e). If this pattern is not repeated, then there is a new Channel Up (orange) that may continue this uptrend but in a more controlled, less aggressive manner. I believe that the signal for this will be a closing below the 4H MA200 (orange trend-line). Which Channel Up do you think will prevail? ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> nevada999 --------------------------------------------------------------------------------------------------------
EUREX:FDAX1!Long
by TradingShot
2
Long the green ponzi politicAfter 5 months of downtrend we are could forming a green doji on montly time frame: As we can see that the bulls are buying 0.618 (22.52€) and lower. Latest monthly candle goes below 0.618. Had high sell presure but it holding and closed above 0.618 fib retracement. For me its more an entry point as an longterm investment. Anyway if you want to trade this setup then you should take profit at 26€ and around 30€ – 32€. Buy zone: 23€ – 22.50€
XETR:ENRLong
by UnknownUnicorn2089696
Is it time for EU stocks to outperform US stocks again?Over the last years there were periods when US stocks outperform EU stocks and periods were EU stocks outperformed US stocks. Almost like a perfect oscillation. Currently EU stocks have been consolidating for quite some time and especially German stock, so maybe all stocks do well and EU ones do better. The secular trend when adjusted for EURUSD rates too, is still down for EU up for US, but in the short term EU ones look better. I should just say EU ones, because Swiss stocks also look fantastic. They've been actually doing very very well and they look a bit like the DAX. Since 2000 DAX is up 100% vs EUR and 145% vs USD. SMI is up 45% vs CHF and 155% vs USD. So to me there are two scenarios here as I don't think there is much downside. These stocks are somewhat undervalued both against themselves and against the US stock market, plus the ECB is really printing money and rates are super low which makes the stock market much more attractive than anything else.
FX:GER30Long
by BitcoinMacro
DE30: The Most Detailed Analysis (Megaphone)On the DE30, price is respecting the non horizontal supports and resistances since many weeks. So what do we have on this one ? 1. Non horizontal Support: The price is retesting now for a second time our yellow support meaning that we should look only for buy setups on the short term. So let's dive in to see what are our possible opportunities. 2. Double Bottom: Although it hasn't been valid yet, but it's clear that we might have a second rejection around our support so a double bottom pattern would add a lot of confirmation to our decision. 3. MEGAPHONE: A megaphone is an unorthodox pattern but experience has taught us to take it into consideration for it has a very high volatility. Inside a megaphone, which is similar to a divergent wedge, the more the price moves, the bigger the volatility becomes. This also backed by fundamentals as we have seen some positive results on the German economy (unemployment rate), which boosts the DE30 because a better than expected results has a good impact on the industry. Now a megaphone is created by these events followed by corrections, which usually are smaller than the impulse. Need more details, you just have to contact us, Trade Safe
DLong
by Therealsmaira