GER30We looking for selling opportunities as we still below the resistance zones and we are still having a bearish falling expanding wedge resulting in sells
GER40FT trade ideas
Ger30 Bullish ForecastLooks like friday close was bullish for the ger30 price currently at the HIGHS waiting to see it to drop and give me a LoW price to buy the market.
Short Trade Concept on GER40Technical Analysis Overview:
The GER40 index chart delineates a compelling short selling opportunity, hinged on Fibonacci retracement levels coupled with daily fair value gaps (DFVGs).
Strategic Insights:
Fibonacci Levels: Notable Fibonacci retracement levels, specifically 0.75 (18375.5) and 0.89 (18483.7), are identified as pivotal points that could potentially catalyze a downward price movement.
Market Structure Analysis:
The presence of an upper DFVG and a lower DFVG provides a clear visual structure for potential price reactions. The upper DFVG stands as a resistance region that could halt upward movements, making it an opportune area to consider short entries.
Short Entry Zone:
The area around the 0.89 Fibonacci level is particularly appealing for a short entry, offering a confluence with the upper DFVG, which adds to its significance as a potential turning point.
Take-Profit and Exit Strategy: The lower DFVG, which aligns with the 0 (14795.5) Fibonacci level, serves as the primary take-profit target. This expectation is predicated on the notion that the index is likely to revisit and fill this lower gap.
Risk Control: A stop loss is proposed above the upper DFVG to protect against adverse movements, ensuring the trade maintains a favorable risk-reward ratio.
Trade Justification:
The trade hypothesis is bolstered by the alignment of the retracement levels with key fair value gaps, providing a strong technical backdrop for a short position.
The likelihood of a reversal at these levels, considering past index behavior, underpins the strategy's entry and exit points.
We seek to exploit the potential drop from the resistance zone, guided by the structure of the market as illustrated by DFVGs.
Execution Plan:
Entries: Initiating a short position near the 0.89 level, with the prospect of adding to the position if price action validates the resistance strength at the upper DFVG.
Profit Targets: The primary take-profit is set with the anticipation of a downward movement towards the lower DFVG, where the gap is expected to act as a price attractor.
Stop Loss: Setting the stop loss above the upper DFVG limits the exposure to an acceptable level, keeping the trade within a managed risk envelope.
Conclusion:
This GER40 setup presents a strategic short scenario, underscored by Fibonacci retracement levels and fair value gaps that provide clear entry and exit parameters. The methodology integrates these technical elements with prudent risk management to capture potential market moves with discipline and foresight.
DAX going to 20,000Could it go higher than 20,000?
That's we 10% higher than today price.
Melt up not done.
DAX building a short-term momentumThe DAX hourly RSI is above 50 and its stochastic is in its upper quartile. These suggests a short-term positive momentum. Core PCE out later is likely to influence risk sentiment. In that regard keep an eye on the hourly stochastic - if it starts to slip, the short-term momentum will be waning. If it holds, the sentiment will be biased towards risk-on.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website:
Stratos Markets Limited clients please see: www.fxcm.com
Stratos Europe Ltd clients please see: www.fxcm.com
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Past Performance is not an indicator of future results.
Dropping to pullback supportThe DAX (DE40) could fall towards the pivot which has been identified as a pullback support. Could this index potentially bounce off this level to rise towards the 1st resistance?
Pivot: 17,805.20
1st Support: 17,507.10
1st Resistance: 18,240.10
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Elliott Wave Analysis Favors DAX to Extend HigherShort Term Elliott Wave View on DAX suggests rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave (1) ended at 17003.28 and dips in wave (2) ended at 16345.02. The Index extended higher in wave (3) towards 18567.16 as the 1 hour chart below shows. Down from there, wave (4) unfolded as a double three Elliott Wave structure. Down from wave (3), wave ((w)) ended at 18088.03 and wave ((x)) ended at 18326.37. Wave ((y)) lower ended at 17864.69 which completed wave W in higher degree. Wave X rally ended at 18191.95 with internal subdivision as expanded flat.
The Index then extended lower in wave Y towards 17621.66 which completed wave (4). The Index has turned higher in wave (5). Up from wave (4), wave (i) ended at 17873.58 and wave (ii) pullback ended at 17738.04. the Index extended higher in wave (iii) towards 18078.1 and pullback in wave (iv) ended at 18011. Last leg wave (v) ended at 18226.32 which completed wave ((i)). Pullback in wave ((ii)) ended at 17795.96 as a zigzag. Near term, as far as pivot at 17621.6 low stays intact, expect the Index to extend higher.
DAX H1 | Potential pullback before resuming the uptrendThe DAX (GER30) could fall towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 18,253.04 which is a pullback support.
Stop loss is at 18,120.41 which is a level that lies underneath the ascending trendline and aligns with a pullback support.
Take profit is at 18,513.50 which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
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Potential bullish bounceGER40 is falling towards a support level which is an overlap support that aligns with the 50% Fibonacci retracement. A bounce from this level could lead the price to fall to our take profit.
Entry: 17913.28
Why we like it:
There is an overlap support which aligns with the 50% Fibonacci retracement
Stop loss: 17612.74
Why we like it:
There is a pullback support level
Take profit: 18286.35
Why we like it:
There is a pullback resistance level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GERMANY 30/40 Bullish side Heist Plan to make moneyHola Ola Smart Traders,
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TESLA encourages the DAX to rallyThe bullish sentiment from Tesla's earnings release inflated global market sentiment in Europe and dragged the DAX and other indices higher today. Mostly the German index started the session higher by 0.2%, FTSE 100 by 0.3%, and the French CAC by 0.1%. . In addition to Tesla, Meta, Microsoft and Alphabet are releasing results today. Elsewhere in Europe, Orange in France reflected a -2% decline due to falling sales. Roche showed a modest balance sheet reflecting a +1.7% rise.
What will Tesla (NASDAQ:TSLA) have that drags down the entire market even though its news is not particularly good in my particular opinion. Tesla gave notice in its premarket yesterday that they would accelerate their plans to make cheaper electric Models, to prevent competitors from taking that share of their core market, and it is also the debate of all automakers, who captures the most buyers. The Swedish manufacturer Volvo has reflected a fall of -7% in its share price, due to its bad quarterly result and losses reflected in its main market.
Today the IFO statistics institute will show us the business expectations for the month of April, expecting to show a timid improvement, although this will not prevent the ECB from making rate cuts as reported by President Lagarde.
If we look at the chart section, the theory previously indicated about Tesla, does not reflect reality at all, Tesla depreciating since December 2023 approximately -46%, but it is true that this bullish animosity has been reflected in the DAX clearly. If we look at the RSI, since 4am it has been oversold, so we can expect a cut that coincides with the price control point (POC) to approximately 17,805 points. Its current support zone is at 17,428.07 points.
Ion Jauregui - AT Analyst
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The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication.
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Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
DAX to find buyers at yesterday's Marabuzo?GER40 - 24h expiry
Yesterday's Marabuzo is located at 18065.
Short term bias has turned positive.
Risk/Reward would be poor to call a buy from current levels.
The primary trend remains bullish.
Preferred trade is to buy on dips.
We look to Buy at 18065 (stop at 17965)
Our profit targets will be 18315 and 18395
Resistance: 18234 / 18300 / 18400
Support: 18200 / 18100 / 18000
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
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Potential bullish bounceThe DAX (DE40) has broken above a pivot level and could potentially rise higher. Could this index bounce off this pivot and rise towards the 1st resistance?
Pivot: 18,152.00
1st Support: 17,901.10
1st Resistance: 18,396.40
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
✅DAX BULLISH BREAKOUT|LONG🚀
✅DAX is trading in an
Uptrend and the index
Broke out of the falling
Wedge pattern so our
Bullish bias is reinforced
And we will be expecting
A further move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Retest of the channel breakLong trade on 4hr retesting the channel breakout on the 4hr chart. Just be aware as the breakout has low volume therefore be quick to move to breakeven is order gets triggered.
GER30 Dax (Eurex) may rise to 18250.00 - 18370.00Pivot
17965.00
Our preference
Long positions above 17965.00 with targets at 18250.00 & 18370.00 in extension.
Alternative scenario
Below 17965.00 look for further downside with 17870.00 & 17770.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances
18400.00
18370.00
18250.00
18165.00 Last
17965.00
17870.00
17770.00
Number of asterisks represents the strength of support and resistance levels.
DAX making progress off of Friday lowThe DAX is showing relative strength following Friday's low. The hourly chart may be running out of puff, but that will bring support levels into focus.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website:
Stratos Markets Limited clients please see: www.fxcm.com
Stratos Europe Ltd clients please see: www.fxcm.com
Stratos Trading Pty. Limited clients please see: www.fxcm.com
Stratos Global LLC clients please see: www.fxcm.com
Past Performance is not an indicator of future results.
Bullish Rise DE40 has just bounced off at the pivot and could rise to the next pullback resistance level which is close to 161.6% Fibonacci extension
Alternatively, if the price breaks below the pivot, it could continue to fall to the next support level level
Pivot: 17902
Support: 17657
Resistance: 18208
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Weekly Technical Analysis 22/04/2024Start your week by identifying the key price levels and trends.
The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex.
*KEY
Trend direction is set by the slope of the VWAP
Trend phase is determined by the current price relative to the VWAP (20) level and Elliot waves
Support & Resistance are set by the StdDev #2 Lower and Upper respectively.
Momentum is determined by the RSI level (70 as overbought and under 30 as oversold).
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Analysis
Germany 40 has shifted to a bearish trend and entered an impulsive phase, with the price now at 17,827, which is below the VWAP of 18,013. The index has found new support at 17,499 and is encountering resistance at 18,564. The RSI has decreased to 42, indicating a significant shift in market sentiment from previously bullish to currently bearish.
UK 100 remains in a neutral phase, turning from bearish to quickly bullish again in a generally sideways move. The price has slightly increased to 7,986, positioning it above the VWAP of 7,913. The new support level is now 7,836, while resistance aligns exactly with the current price at 7,986. The RSI has decreased to 62, reflecting a cooling of earlier bullish sentiment.
Wall Street continues to be bearish and the recent sell-off leaves it in an impulsive phase. The price is slightly higher at 38,117, yet it falls below the VWAP of 38,444. The support and resistance levels have been significantly adjusted to 37,183 and 39,704, respectively. The RSI is down to 41, further signalling a deepening of the bearish momentum.
Brent Crude remains bullish with an upwards sloping VWAP but has transitioned to a corrective phase. The price has dropped to 85.66, below the VWAP of 88.73. Support has been set at 85.41, with resistance not far off at 92.05. An RSI of 39 indicates a significant reduction in bullish momentum.
Gold continues to display a bullish trend and is in an impulsive phase as price hovers near recent highs, with the price rising to 2,364, above the VWAP of 2,335. The support level has been revised up to 2,244, and resistance has been slightly adjusted to 2,426. The RSI at 63 shows a mild decrease in bullish sentiment.
EUR/USD remains bearish and in an impulsive phase, with the price slightly higher at 1.0664 above recent lows, yet still well below the VWAP of 1.0735. The support has been adjusted to 1.0560, with resistance at 1.0910. The RSI has risen slightly to 38, suggesting a softening of the bearish pressure.
GBP/USD continues to be bearish and impulsive, with the price now at 1.2382, below the VWAP of 1.2535. The support level has been revised down to 1.2324, with resistance noted at 1.2746. The RSI has decreased to 31, indicating a slight intensification of bearish momentum.
Potential bullish bounceThe DAX (DE40) has made a bullish reaction off the pivot which has been identified as a pullback support. Could this index potentially bounce higher towards the 1st resistance?
Pivot: 17,680.30
1st Support: 17,004.20
1st Resistance: 18,560.76
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DAX: Almost on the 1D MA100. Has it bottomed?DAX effortlessly made a -6.50% decline from the top and hit our 17,450 TP, crossing in the meantime under the 1D MA50 for the first time since November 10th 2023. Naturally its 1D technically outlook turned bearish (RSI = 41.378, MACD = 14.500, ADX = 36.627). In our view, it has or is very close to the new technical bottom as the 1D MA100 is just right under and the 1D RSI is inside a Channel Down bottom similar to March 20 2023. We don't expect the price to drop much lower than 17,300 next week, if it does then the ultimate long term buy entry will be on the 1D MA200. Our target by June is the HH Zone again (TP = 18,750).
See how our prior idea has worked out:
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