German Stock Index DAX (*Now it has met a decent resistant)German Stock Index is trying to bounce downward using 12450 as nice resistant.
Now it may be BEAR pressure as long as the price is below 12450 and 12550 regions.
SLight Bear but watch closely.
Trade Safe
s0nic
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The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
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Germany30
German Stock Market (*Watch this region closely)German index is in the dilemma right now.
Watch the important level of 12,250 carefully.
If the market break that levels strongly, it shall go alot of lower. Or if the market is supported by it, bulls may still have chances.
Let's see.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We,Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Dax Bearish Shark patternHere we have a bearish shark pattern, that have completed a,b,c, and d point is expected anytime soon
If you look at the RSI, a regular divergence have occurred.
the entry point will be at the end of the D leg, which is 0.786 on fibonacci level drawn from a to x.
We also see a resistance and ranging area in the drawn box, which is where i will expect the d point to be.
meanwhile i will counter trade the index, with more charts being uploaded while doing it.
So we have a ranging and resistance area where the d point will end.
a bearish shark harmonic, that have followed through the a,b and c point.
and we have a regular divergence.
Stay updated, and follow my profile for more charts.
DE30EURDE30EUR CFD is currently trading under the 50 m.a which would suggest there could be downside momentum if it holds below the 50 m.a.If it fails to break the 12195.9 priceline i'll be going short til 11944.5 . The 11944.5 PL is important as it failed to break last August so it should be interesting to see if it will hold or breakthrough it. Im not ruling out any upside movements but it seems more bearish than bullish from my analysis. Lastly DE30EUR could trend in a channel (red lines)if so please take note of the bearish flag .
GER30 - False Break-Out - Bullish Correction - BUY/SELL LevelsDAX - BUY & SELL Orders:
BUY Position
Entry @ 11900.00 (or Market if Aggressive)
SL @ 11750.00
Targets: 12200.00 / 12350.00 / 12500.00 / 12650.00
SELL Positions:
Moderate Entry @ 12650.00 with SL @ 12850.00
Conservative Entry @ 12800.00 with SL @ 1313050.00
Targets: 12500.00 / 12350.00 / 12200.00 / 12000.00 / 11900.00 / 11600.00 / 11500.00
Buy DAX and hold at leat for this week?The DAX is recovering from last week's lows. The hammer confirms that the 12000 level is a strong support. The trend line shows that a shy uptrend is taking place. It will probably retrace on the 50% fibonacci level where also the 50 and 100 period EMA will function as a resistence.
Germany Stock Index (12 Feb 2018) * Bears, Be Patient.DAX dived down into a strong congestion zone of 12,000 to 12,200 region and currently it making a bounce.
I expect it can swing back up strong, as it may have trapped enough later sellers and it will attempt to eat them up.
It can swing back up to 12,500 regions.
I see the region as very strong resistant region and the index may not have enough strength to pass throught it.
If you are looking for a short, this is where you want to wait.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery dot com is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
POSSIBLE REBOUCE FOR STOCK MARKETHELLO,
WE CAN SEE THAT THE FINAL RUSH OF LAST FRIDAY WAS VERY GREAT, THERE S NOT PEOPLE WHO JUST COVERED THEIR SHORT POSITIONS BUT ALSO BIG VOLUME OF REAL BUYERS.
NEXT WEEK WILL OPEN WITH GOOD UP TRENDS I THINK, FIRST TARGET 12600 IN 3 DAYS MAYBE.
BE CAREFULL, THE MARKET IS IN HIGH VOLATILITY MOMENT, ALWAYS RESPECT THE STOP LOSS IF NEEDED.
GOOD LUCK AND GOOD TRADE.
Monthly uptrend and demand level in control on German DAX 30Monthly uptrend on German DAX 30 index. Monthly demand level in control. Longs at new D1 and H4 demand levels. Shorts could happen if monthly demand zone is eliminated
Germen Stock Index (DAX) (19/1/18) *It is still BullishDAX index is still in the uptrend for now.
Just to make sure, to watch the level of 12,880.
It is going to be a strong support level.
We shall not turn bearishness as long the level is not tested or strongly broken.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery dot come is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.