NTH25 trade ideas
aex close below 516 resistance pendingthis past weeks gap put us below the important turning point of 516 again, this daily close can kick off another rapid decline wave
close below 516 expected to result in further downtrendaex expected to continue downtrend after brief rebound
AEX approaching resistance, potential drop!AEX is approaching our first resistance at 534.16 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension , 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 512.94 (61.8% Fibonacci extension , 61.8% Fibonacci retracement ).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
AEX approaching resistance, potential drop!AEX is approaching our first resistance at 534.16 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension , 50% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 512.94 (61.8% Fibonacci extension , 61.8% Fibonacci retracement ).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
AEX - Daily Key Elements Key levels to look out for, please refer to our H4 chart for a strategic view!
AEX approaching resistance, potential drop! AEX Index (EURONEXT:AEX is approaching our first resistance at 534.15 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension , 50% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 512.94 (61.8% Fibonacci extension , 61.8% Fibonacci retracement ).
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
AEX approaching resistance, potential drop!AEX is approaching our first resistance at 534.15 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension , 50% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 512.94 (61.8% Fibonacci extension , 61.8% Fibonacci retracement ).
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
AEX approaching resistance, potential drop! AEX is approaching our first resistance at 534.15 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 512.94 (61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
[symbol="OANDA:NL25EUR"]OANDA:NL25EUR[/symbol] short term down.OANDA:NL25EUR Short term down, rising wedge with bearish divergence and a inverted hammer on 4 hourly.
AEX approaching resistance, potential drop!AEX is approaching our first resistance at 516.29 (horizontal pullback resistance, 23.6% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our first support at 492 (100% Fibonacci extension ).
RSI (34) and ichimoku cloud is also facing bearish pressure where we might see a corresponding drop in price.
AEX approaching resistance, potential drop! AEX is approaching our first resistance at 517 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our first support at 492 (100% Fibonacci extension).
RSI (34) and ichimoku cloud is also facing bearish pressure where we might see a corresponding drop in price.
AEX is approaching support, potential bounce! AEX is approaching our first support at 506 (horizontal swing low support, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our first resistance at 533 (horizontal overlap resistance, 38.2% Fibonacci retracement).
Stochastic (55,5,3) is also seeing a bullish divergence and we might see a corresponding bounce in price should it bounce off this level.
AEX approaching support, potential bounce! AEX is approaching our first support at 511 where a strong bounce might occur above this level pushing price up to our major resistance at 533 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching support and seeing a bullish divergence and we might see a corresponding rise in price should it bounce off this level.
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AEX approaching support, potential bounce! AEX is approaching our first support at 517.10 (horizontal swing low support, 61.8%, 100% Fibonacci extension ) and a strong bounce might occur above this level pushing price up to our major resistance at 552.37 (horizontal overlap resistance, 50% Fibonacci retracement ). Stochastic (55,5,3) is also seeing a bullish divergence and approaching support where a bounce off this level might see a corresponding rise in price.
AEX approaching support, potential bounce! AEX is approaching our first support at 517.10 (horizontal swing low support, 61.8%, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 533.25 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55,5,3) is also seeing a bullish divergence and approaching support where a bounce off this level might see a corresponding rise in price.
AEX- Daily Key ElementsKey levels to look out for AEX . Please refer to our 4hr chart for a strategic view!
DOUBLE TOPS ADAM & EVE (AEX) (NETHERLANDS)Dutch index has double top formation and it is just above the neckline. After breakout formation will be more reliable. Target price has been given on the chart. Good luck !
Great set up for another potential short move Perfect example of Support becomes Resistance.
Price bounced of nicely from the FIB level 61.80% with a bearish engulfing candle.
TP: Near 535.00 level
SL: above 555.000
