MDAUSD Two Comparable TrianglesA clear comparison, I expect the breakout of the most recent triangle to be larger than the first, as it is a larger formation, yet it still contains all the components of the first
Good buy opportunity as price moves out of the Fibonacci circle (3.618)
Mdax
MDA/BTC - Not a short term investicion MDA/BTC looks pretty promising here
Huge Falling Wedge on the weekly scale
Bullish Divergence present on RSI
ADX showing strong bullish momentum
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(Not a short term investicion)
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"This is just my opinion, trade with your trading system
Have a nice day and come back again."
Write your opinion, whether there is a place to buy here, and open a long position
Bullish Trend is forming and next target is 11-13 Euro Bullish Trend is forming and next target is 11-13 Euro.
Moda Descending ScallopsTwo descending scallops present one led to a big move, the other a small move but possibility for a larger move.
MDAX - Correction Mode3 weeks ago, the MDAX launched a hammer candle as a turnaround signal. This was sold as usual. This first sale could have been wave 1 of (1). Currently, the 2 of the (1) would have to run.
It is now advisable to observe this correction and to find an entry into Short-Plan. StopLoss is 27,370 points in this case. Target is likely to be near the 61.8% retracement at around 22,000 points. From this perspective, there is a risk of 1,000 points and a chance of 4,000 points and thus a CRR of 4 to 1. This is likely to improve in the further run-up in the 2 of the (1).
A german smallcap is about to breakoutI normally dont like to bother you with highly speculative small caps i invest in, but this chart is just a beauty i had to post.
This german small cap is about to rip higher in my opinion. Fundamentally its extremly undervalued, i encourage you to do some research on Deutsche Rohstoff AG.
The chart is also screaming for an imminent breakout higher.
Shortterm i am seeing 50% potential and longterm a 100% return is possible.
Breaking the former all-time highs around 31€ is just a matter of time in my opinion.
I am personally invested in this stock, and please do your own research fundamentally and technically before investing.
Blessings to you all.
Monthly big picture long on ThyssenKruppThis is a trade i am currently in.
Long 21.40€ Stop below 19.40€ looking for a move toward 25€ and possibly 27€.
Look at this huge support formed by 50,100 and 200 monthly moving averages, plus this major trendline retest.
Check out weekly chart below:
Also 100 WMA and 200 WMA are around 21.50€.
Blessings to you all.
Weekly Cup and handle pattern on german MDAX stock KLOECKNERThis is one of my favourite german stocks currently.
I bought around 10.20€ and looking to add further if we get a dip into the 9.90-9.70€ area.
Stop is below 9€ for now, but its more an emergency stop, i dont think it will fall this far, but one never knows, its important to have a stop.
Its just a perfect technical setup and i am seeing great possibility for a big move higher.
Also the fundamentals are nicely lining up, they posted their best earnings report in 6 years last quarter.
So i am expecting a nice turnaround story on this german steel manufacturer.
PUMA textbook bull flagA really beautiful setup on Puma formed, but what i especially like about this stock are the fundamentals about it.
They released earnings report yesterday and for the 3rd time this year, puma was able to beat estimates and raise forward guidance significantly.
From a fundamental perspective its a screaming buy, technicals are also providing a very interesting picture by forming a bullish flag.
Yesterday the stock rallyed higher to test the 350€ area, but today its giving a little bit of profits back, i am interested in the 335€-330€ area for a potential buy entry.
Looking for a move into 400€.
I will be updating this idea, if a entry sets up.
Blessings to you.
Nestle: 5th wave higher just startedI am long, bought yesterday. Expecting the 5th wave to be in the making. If 80 chf breaks lower i will close, then it will probably make some kind of more complex structure.
There is a nice risk:reward in this position, plus i like the fundamental situation around Nestle. I had some good reads about it, also Goldman, UBS, Kepler, Citi all have targets above 90 chf on a midterm horizont for Nestle.
Of course there is nothing sure in this markets thats why i am always securing my positions with a stop. Sometimes the best setups just turn and become a loser.
Suedzucker german stock with breakout setupI love this setup. Works very good together, with the fundamentals surrounding this stock.
I am long as shown on the chart.
Blessings.
Deka MDAX reversalMultiple indicators show a potential for a reversal or at least a retracement:
- a rally started around February 2016, that broke resistance in December to continue with a bump (see the slope of the purple lines). This could be a typical "Bump and run" pattern
- second top of a double top forming now, could confirm the reversal
- Stochastic RSI 20 days moving average moved below 50, hinting a future trend change
The bump, the double top and the StochRSI moving average all signal a trend revarsal. Plus, there hasn't been a real retracement since the all time high that was reached after the rally started. In case the trend identified by the Lead-in line is broken, the reversal could be confirmed, with new support at 234.
Definitely not a good time to buy, but still a strong uptred is signaled by the Ichimoku cloud. This could end up simply in a retracement to 221 (61.8 fibonacci), also a potential entry point. Keep the eyes open.
VERBIO MULTIMONTH WEDGE BREAKOUTThis german stock is fundamentally strong, i read alot of good things about it. Couple it with this chart and you have a conviction buy setup.
Looking for dips toward 10€ to jump in.
Blessings to you all.
VOLKSWAGEN DOUBLE BOTTOM SHOWING BIG BULLISH POTENTIALLooking for a bull move into 160€+
This double bottom is looking promising and its worth a long position.
I am buying a dip around 136/135€ around the 200 DMA with a stop below 130€ targeting 160€+.
Blessings to you all.
TEXTBOOK CUP AND HANDLE PATTERN ON ROCKET INTERNET STOCKI dont want to miss this trade, its just too beautiful.
I read a little bit into the stocks prospective, and i think there is potential for this formation to trigger over the coming months (if nothing unexpected happen.)
I am gunning for a dip into 17.20€/17.00€ with a stop tightly below 15€ targeting 25€ and 28€
Risk:Reward on this trade is really nice.
Blessings to you all.
METRO - GERMAN MDAX STOCK WITH A BEAUTIFUL LONG SETUPI like the potential risk:reward on this trade idea. Generally in my opinion i think the stock is worth a buy.
Personally i am still on the sidelines waiting for better prices before entering.
Please make you own analysis when trading, and dont rely on others.
Thanks for following and sharing.
Blessings to you all.
MANZ - GERMAN STOCK WITH A NICE SETUP FOR GAP-TRADERSBulls seem strong enough trying to push bears out, more and more, we see this higher lows, and this triangle has a good chance to resolve quite soon to the upside.
Bulls also are using the 100DMA and 200DMA to make a base, so i think buyers are right now planning to make their move.
Conservative traders can wait for a breakout above 43€ and retest of the level for a good entry with stop below 40€.
This is not a recommendation, its just a view, i urge everyone to make his own analysis and not risk too much on one single trade.
I bought around 39.30€ with a tight stop below 36€ and target is flexibel anything from 48€ on would be great and would make a good r:r, if the sentiment allows i am targeting 57€.
Blessings to you all.
