$DE30EUR small dump incoming? Bad Bears?

١٦ سبتمبر ٢٠٢٠

#OANDA #FOREX 1 hour timeframe DE30EUR

The mean trend is down. The resistance above is removed by movements through 13330 (above).

Indicators for the medium time frame indicate consolidation.

The little trend is sideways / up. A trade below 13189 will change the downward trend. This will shift the momentum down.
Short-term indicators point sideways with a slight upward trend.

-MACD: Bullish demeanor that comes closer.
-EMA: confluent with small and medium trend



OUTLOOK
Expected start of the BEARISH cycle.
Cycle end time: Minimum: now +8 hours (TP1)
Maximum: now +22 hours (TP3)
Cycle time: 8-10 hours
Cycle goals: 12900, 12628
SL 13484
Disclaimer: No financial advice, only for educational purposes!
Every like and follow is welcome. Check my profile here for used indicators for free!
#OANDA #FOREX 1 hour timeframe $ DE30EUR

The mean trend is down. The resistance above is removed by movements through 13330 (above).

Indicators for the medium time frame indicate consolidation.

The little trend is sideways / up. A trade below 13189 will change the downward trend. This will shift the momentum down.
Short-term indicators point sideways with a slight upward trend.

-MACD: Bullish demeanor that comes closer.
-EMA: confluent with small and medium trend



OUTLOOK
Expected start of the BEARISH cycle.
Cycle end time: Minimum: now +8 hours (TP1)
Maximum: now +22 hours (TP3)
Cycle time: 8-10 hours
Cycle goals: 12900, 12628
SL 13484
Disclaimer: No financial advice, only for educational purposes!
Every like and follow is welcome. Check my profile here for used indicators for free!