In a nice trend continuation on Cable with a nice consistent LH and LL formation. Trend extensions have been meeting the 1.272 fib so will look for a pull back into roughly the 618 level which lines up nicely with previous structure and if a signal arises I will look to short at the 618 zone taking an AB-CD formation back down to the 1.272 extension proving a...
Looking at 2 potential long opportunities on the DAX. This is just my basic analysis and can be best enjoyed with a 'Pinch of salt' and/or any left over Turkey from Christmas! Trade Option 1 - Trend Continuation MACD starting to indicate a move to the upside along with heavily OS RSI and Price Action currently sat on a prominent support level around 10680. The...
Bull Gartley on DAX 1HR with an Aggressive C sell due to a deep B-C leg. Nice D completion around previous structure but there is a large risk zone from entry to X. I would like to see the D leg push a bit deeper into the PRZ (If it gets there at all!) as this will reduce risk and a potential re-test of the X close.
Bearish divergence on RSI at potential DT showing potential switch in trend. If it does, there could be a retest at 78328 or Fib618 for conclusion of change? Just doodling. Anyone agree?