NL25 instrument, the 25 Blue Chip companies of the Netherlands index, broke its resistance at 738.438 which is a signal for a bullish trend. If this price movement continues, the price might try to test prices around 786 mark. In the opposite scenario, the price might revert to 668.53 Both MACD and RSI are also supporting the bullish trend, with MACD histogram...
#nl25 it is just a trade, playing support and resistance.
Despite small correction this week on indices - NL25 is back retesting all time highs. Watching closely to see if we get another rejection at the highs going into next week... We have a sort of buying climax - selloff & secondary retest going on - so a rejection should send price at minimum of retest of those last lows but probably slightly lower - probability of...
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
The Nederlands 25 Index is in a classic uptrend on the daily and lower timeframes. Price could retrace lower on the 553.671 upper resistance and then further bounce on the 544.339 support level. This asset could be trade on confluence with the upward trendline or at the 544.339 support level.