Hi guys, after analyzing with market and volume profile, i see following important sell and buy zones. Markets fairest and most traded price before COVID was about 12330. In my opinion markets are overshooting since latest vaccine news so my settings are short from these levels. I'm going to load longs below 12870. Happy trading, take care about money...
These are the latest potentials I see after analyzing with volumes and market orders. My settings for DAX is still short above 13000. Happy trading!
In my opinion, DAX is still overheated through the latest vaccine news. Looking at the daily chart, you see lots of impatience. A correction is more than likely to happen with DOJI candles at the top. The fundamentals don't really point in the direction of an ongoing rally. During the Corona crisis, the most accepted value was 12640. The area between 12800 and...
Since beginning of Covid until today, the most valued point is around 640. For me that means, the market feels comfortable in this range after the second shutdown wave. These days could be a test of this area before going back, at least to the Golden Zone. A longer term range could be the result after the last impulsive two weeks from now on. Happy trading and...
What do you think, guys? Are you waiting for a collapse or do you take the risk and buy low? Do we enter a bear market or is this just the healthy corretion we are waiting for since weeks? Let me know what you think. I'm going to buy the way down and grab the knife :) Happy trading, beware about not getting spiked out and care about your money management!
It's hard to imagine that the DE30 can hold it's position for a longer time over the psylogical "party times" line of 13000. Even ignoring the fundamentals, the bad news and the whole economic situation, I also see sell chances from the technical side. The pattern on the 4h chart, combined with the earlier breakout of the range are bearish. If not breaking down...
Hi guys, I entered a short position lately on DAX 30 again. I see the actual range moving below the range a few days ago and test it again and again. The retracements fit to the candle-stick pattern and together with the latest news about corona I see the next leg coming down. After that it depends if next target will be 11800 or at point C a trend expansion to...
After the heavy green lift yesterday it's more than realistic to have a retracement for a touch in the golden zone. In my opinion the DAX should continue the sideway movement, based on the golden zone level. Happy trading, care about spikes due the corona news!
After the breakout of the flag pattern and regarding the retracement 23.6 in the 5 min chart, it could be possible to have a downbreak short chance. Happy trading and take care with tight stop-losses in case of sudden change due momentum!
Can't imagine the DAX30 could take this sideways or upwards much longer. If the limit breaks at 13300 I wouldn't sell until 13800. For now I try it with tight SL settings. Economy is going down while people keep on buying. How much worth is an Apple or Tesla without a solid economy? IMO this can only go in one direction. Clear sell long term from my side. Happy...
Possible Profit making with short positions on DAX today after a bullish start. Can we trust reaching the 13.000 line again? Let me know what you think. Happy trading week!
What do you think about this setting? Still bearish? Had some nice short trades, but beware about spiky pullbacks!
I assume that we have a nice SHORT chance seeing the head & shoulders pattern from last weeks. The decreasing volumes of the SHS pattern strenghten my thinking. Yesterday, throughout the fail breakout (which built the second shoulder) could be the beginning of a SHORT position the next days. Let's see how this works & happy trading!
Right shoulder is being built at the moment, possible short profit target could be 12800 pts. What do you think? Care about pullbacks due the heavy BUYs this morning!