i see a kind of bottom (a not clear and really ugly H&S -but i see a H&S :_)) here is my main view:
Is it a good idea to look for a nice rebound? The RSI is oversold, but no buying signal yet! the BBs are extremly stressed ot, we are out of them! A longscalp at the niveau ~ 1.59-1.598 could be interesting with this indicator-constellation. With a SL near below 1.59 and a tp ~ 1,62 (min correction fibo) u have a good c r r . All in all, the chart is really...
Every day we are trading below the resistance at 1.358, the Chance for a short increases.
Since beginnig of 2015 we clearly can see a huge sideways-tradingbox between 1,04-1,17. (the bearish flags body!) Last week the technical Situation really looked bearish, we did break through the bottom edge of this box. Normally , such an Event can be seen as a really strong selling Signal. Everywhere you could read TPs at parity. But the opposite happened! ...
Is Daxi building a bullish flag?
LongtermTarget: 21.200 What can we see? In the long run, we see a huge bullmarket since 03/2009. Since 08/2015 the market consolidates very volatile. The consolidation range reached from 15.400-18.000. The last bottom test earlier this year, formed a clear double bottom - the result was an exploding market which skyrocketed round about 2.700 Points! Since 04/2016,...
Here is the MEGA longterm Buying Signal. Trading above the ATH --< TPs: The sky is the limit! Trading below the ATH: TPs: 4100 & as always the illustrated fibos. RSI = Divergence Any ideas dear followers?
Dax decided to break the downtrend - so the green counting is the dominant one, the red counting is history. Breaking through the resistance Level 11.750-11.800 (mangenat "2") opens the way to a new high @ 10.930/ 11.111 and 11.400 Regards Mary Comments and other views are Welcome -Agree or Disagree! Former View: DAX reached Action Point! Dax reached...
Will Dt. Post make a new ATH in 2017? Breaking through the Top @ 31.5 should cause a longterm-BO-Szenario. Similar to the 1-2-3
920 is the Level to watch..trading above that Level should initiate a buying wave up to 980/1000
..it seems this could be a nice longchance...
Will this support be bought again? The shortterm view is still bearish
There are two clear trading marks: 1,447 and 1,4325. With prices above the right shoulder, the H&S still is valid, but not active yet.... The EMAs are a strong resist at present...
Here a nice game! You can see two mangenta boxes. The second one is a projection of the first one. The BreakOut No 2 is very similar to the first one. The correction is similar too....will the history repeat itself? Is it possible to buy the former BO-Niveau at 780$ ? :-) I am loving this idea :-) Have you got any ideas? Best regards Mary Other present/former...