China over USA? - TRADE WAR - Looking for shorts. Overall strong /Head and Shoulders/ on D chart. In 4H chart we can see strong down move from 26700 and reflection at 25250. Putting a Fibonacci Retracement on those levels we see that it already pass 0.38 looking for 0.50, possiable 0.618. Shorts from 0.50 and with same amount + 1/2 of the 0.50 volume at...
DAX M CHART SHOWS THE TOP IS HIT
All stocks are now about 80% overvalued. We can see the sell off on NASDAQ last week and in the start of this week. All TECH-STOCKS are going down. NVDA AAPL I believe that DAX will fall to lvls 9400-8600 very soon after reaching the top.
looks like 1-5 wave pattern in 1H chart, on 1D looks like B Wave :) could go 12080-90 but the power of the bulls is over since the double top in the History
Bad data from Germany, could drop the index, tomorrow the most important data is German Industrial Production (MoM) (Jan)
looks like perfect time for putting longs in the box
USDCAD 1.27 -1.25 next stage
0.7831 1st target 0.8111 2nd target
USDMXN PESO WILL RETURN UNDER 20.000
possible move of the eurusd