ES35/ESPIXEUR "SPAIN 35" Index Market Heist Plan on Bullish SideHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist ES35 / ESPIXEUR "SPAIN 35" Index Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Spain35
ESP35 "Spain 35 CFD" Market Money Heist Plan on Bullish Side.Hola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist ESP35 "Spain 35 CFD" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Strong very short-term upward momentum from the October 13th lowStock markets reverse downtrend and may have entered a “corrective” cycle
Upcoming economic events
Tuesday: US consumer confidence
Wednesday: Bank of Canada interest rate decision
Thursday: ECB interest rate decision
Friday: US personal income and consumption
Commentary:
IBEX 35 Index: Strong very short-term upward momentum from the October 13th low, current price 7,680 and faces resistance near 7,830, long positions can be technically supported provided price can hold above the 7,426 support which would intersect at a potential 40-degree tentative trend line, if trend line proves true new long positions can be supported near the 7,426 area with stops at 7,385.
Naturgy: Megabullish trendIt's not very common to see a Spanish dividend stock performing like this these days but the Australian fund IFM is trying to increase its stake in Naturgy and nobody is willing to sell the stock cheap. From the technical analysis perspective, there are no resistance level until last highs of 2007 (38.83). Although we are in overbought territory, we don't recommend to sell a winner like this one, especially if you bought it when it had a better dividend yield than it has today. As long as there are no signals of weaknesses on the IBEX 35 in the weekly or monthly charts such as bearish divergences, hold it.
IBEX 35 is back, next stop 9066Here at Human Traders we've analyzing closely the IBEX 35. Remember, this one does not include dividends as the DAX 40 does. The IBEX 35 will test again the MEGA resistance level, next top on 9066 points. If the resistance level is broken out, the next stop will be on 11400, and then, there will be no limit at all. We are long on this one as the general outlook of the market remains positive and this week we've seen huge bullish signals across all indicators and price movement.
Back to Pre-COVID19 Trend. Price Target 25 for the Coming YearFundamental analysis indicates a rewarding buy and the past year wouldn't have disappointed, exceeding the market average with steady growth. However, as the market approached the GameStope Squeeze, amid the buying frenzy of the beginning of the year, SOLARIA hit the ceiling, tried to revive the trend again back in the day of the squeeze, and then gave up to a bearish trend ever since, now ongoing for 3 months.
To analyze the effect and the prospects, I included her ESP35 index as an indicator of the local market ecosystem (please note that SOLARIA is not part of the index). I also included NYSE:BB to show the effect of the GameStop squeeze clearly.
First thing to notice is the pre-VOVID19 trends:
Blackberry was downwards with a relatively small angle.
ESP35 was upwards but fell heavily as a result of the first lockdown.
SOLARIA was up with a relatively small angle.
After the first lockdown, and as the market gained momentum from the sudden fall of prices, SOLARIA was the largest and most steady gainer among the 3. Looking at the 3 graphs together, you can identify October 28, 2020 as the start of the major bullish trend that culminated with the GameStop squeeze and caused SOLARIA to lose half the gains of the prior year. Now, things look as follows:
Blackberry trending downwards towards the pre-COVID19 levels, losing all the gains of the squeeze.
ESP35 is trending upwards towards its towards the pre-COVID19 levels.
SOLARIA, as the pitchfan shows, is currently leaving the COVID19 trend altogether, towards the original one of the smaller angle, as highlighted in the graph.
Perhaps, the most important piece of detail here is that the RSI is not showing an oversell, which means that SOLARIA's price may continue slipping slowly without resistence until the COVID-19 effect is cancelled and it finds support in the original, pre-COVID19 trendline.
I will pick something between the trendlines of the market and the pre-COVID19 level and go for a price target of 25 by April next year. Since the fundamentals are good, the price is at a low, and is cheap, a long-term long would make sense.
Spain35 IBEX35 Short ideaOn the 60 minute chart, price is obeying the blue dotted transagonal support & resistance contracted channel.
As price hits the (daily) orange (transagonal resistance), we should see a correction leading to a move to the downside to the lower (daily) orange transagonal (support) line at approx to 7015.1 to 6930.7.
*Black lines = daily S/R
IBEX short 30 minute chartIBEX35 30 minute chart.
We see the red dotted traversing resistance line (once a support level) coming into play here. This level has disciplined the price (since 2012) whenever price has come into contact with it and has controlled price action steady through the last 8 years.
We go short as stochastic (not shown) is in overbought territory and we're hitting both the red dotted long-term resistance line and the regular resistance line of 9809.1. I also see what looks to be a bearish butterfly pattern formation. As always, wait for price action (to sell, in this case), and manage your risk.
Have a great Friday trading, and enjoy the weekend. Best wishes.
All comments welcome.
IBEX35 - long on support2.01 R/R long on the IBEX35 - 15 minute chart
We have a double bottom formed. Of course, if candle closes below, that is invalidated.
Stochastic in oversold territory, Ichimoku signal in red (waiting for the signal to rise).
T.P. 9561.4 approx
S.L. 9297.3 approx
(I say approx because of different brokers).
Best wishes trading this week!
All comments welcome.
Ibex 35 Bearish reversal - shooting starMás claro, chorizo pamplona.
The shooting star is a bearish reversal pattern that looks identical to the inverted hammer but occurs when price has been rising.
Its shape indicates that the price opened at its low, rallied, but pulled back to the bottom.
This means that buyers attempted to push the price up, but sellers came in and overpowered them. This is a definite bearish sign since there are no more buyers left because they’ve all been murdered.
Spain 35 Signal D1As you can see in the graph above we are in a bearish pattern with accurate support and resistance, It is important to note that the very long trend is a downward trend, but the short trend is precisely an upward trend!
Our recommendation for this index is buying until resistance
Buy Spain 35
Entry Price: 9190
Stop loss: 9050
Take profit: 9400