Stoic-Trader

Stoic-Trader

The resistance resisted... chart is self-explanatory.

Stoic-Trader

It´s all on the chart

Stoic-Trader

OK, this is quite a risky idea, and I´m not trading it until I see price action that signals a pullback is underway. But I wouldn´t put my money in any longs right now either.

Stoic-Trader

(if it doesn´t go sideways) We´re in no man´s land right now, and no trades should be taken. But I´m bullish (RED scenario) based on impulsive (B->C) x corrective (C->D) movements. Will only go long if trendline is broken.

Stoic-Trader

Expecting a test of 1.70 support

Stoic-Trader

We´re showing a bullish (purple) and bearish (green) counts. I´d wait to take a trade after one of the levels shown are broken.

Stoic-Trader Updated 

After recovering from a false breakout, we´re back between 2 trendlines. I´m currently LONG biased, and expect a test of resistance around 127.

Stoic-Trader

It´s a tricky corrective movement, but this is our primary count at this moment.

Stoic-Trader

This is our primary wave count

Stoic-Trader

Price action is tricky, but this is our primary count at this moment.

Stoic-Trader

This is our primary count for the DAX... we´re considering that Wave 1 was extended, so Wave 3 would be smaller than Wave 1, and Wave 5 even smaller.

Stoic-Trader

We may have finished a year-long impulsive wave, and will be watching price action to understand the corrective pattern.

Stoic-Trader

Very nice bounce off expected support. Friday´s candle is also very promising for continued upside.

Stoic-Trader

It´s all on the chart

Stoic-Trader

All on the chart

Stoic-Trader

This is what we´re looking at...

Stoic-Trader

Major trend is still bullish, but don´t be overconfident.

Stoic-Trader

There's a lot of choppiness, but if 1750 holds, we still see more upside.