Profile of the trader catracho
DAX40 PERF INDEX
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catracho has published a new analysis.
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Timeframe : Weekly - Simple chart
Look left, the long term view looks like it is forming a huge topping process - this also show that the LONG term trend is UP, but with some big corrections along the way..
DAX40 PERF INDEX
> Analyses
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catracho has published a new analysis.
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Timeframe : 8H - Simple chart
Maybe 5 waves down complete with a new low. Unless there are a series of 1 and 2 's in which case may be more than one wave 4
EUR/USD
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catracho has published a new analysis.
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Timeframe : Weekly - Simple chart
Monthly chart shows clear down trend - still could go to 1.05 to test lows. down move may be dissipating - especially if Fed (Trump) has its way!
DAX40 PERF INDEX
> Analyses
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catracho has published a new analysis.
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Timeframe : 1H - Simple chart
thought rally would have more legs than it has so far - choppy trading - not convinced but still open to a bigger rally - unless lows are broken
DAX40 PERF INDEX
> Analyses
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catracho has published a new analysis.
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Timeframe : Daily - Simple chart
If the fall was just a correction of uptrend then should see a rally. However the broken uptrend is a negative. Could test that - if the rally fails before that then a test of lows is probable
DAX40 PERF INDEX
> Analyses
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catracho has published a new analysis.
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Timeframe : Weekly - Simple chart
Head and shoulders formations usually topping pattern. Not always reliable - but an interesting chart to keep in mind - in case -
DAX40 PERF INDEX
> Analyses
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catracho has published a new analysis.
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Timeframe : 2H - Simple chart
oversold short term
longer term a broken up trend
long positions are short term
DAX40 PERF INDEX
> Analyses - Comments
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catracho posted a new comment.
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Yes been looking at that trend line support - however previous bounces have led to a strong rally to a new high in the channel - this time it was short and already re-testing ...a break below and