Weekly review: Silver, NIKKEI, DAX | 10 July 2015

NIKKEI

Monthly chart: waiting for a downward correction during all summer (because the swing different from descending requires two downward crossings at a row).

Weekly review: Silver, NIKKEI, DAX

Weekly chart: control support - 19866. Its breakthrough will form bearish Over&Under with the entry point from 20663.

Weekly review: Silver, NIKKEI, DAX

Daily chart: reversal scenario in accordance with O&U.

Weekly review: Silver, NIKKEI, DAX

Scenario: there is a probability that downward swing will start to be built. We shall wait and see. A breakthrough under support 19866 is required to be able to trade downward from 20663.

Trading decisions:

1) Upon decline under 19866, we shall put Sell Limit 20660, Stop 21000, profit 18000.

DAX30

Monthly chart: downward swing has been formed and we have all reasons to start upward.

Weekly review: Silver, NIKKEI, DAX

Weekly chart: bears have made their first downward crossing and now bulls need to break the last local Top (11927.9) to mitigate it. Otherwise buyers can aggravate decline down to 10109.5

Weekly review: Silver, NIKKEI, DAX

Daily chart: here we have a clearly shaped Northern direction.

Weekly review: Silver, NIKKEI, DAX

Scenario: growth above 11927.9

Trading decisions:

1) Purchases from current to 11940.0

Silver

Monthly chart: At present, the price is keeping descending structure. On update of Lows, we can track formation of a possible reversal O&U.

Weekly review: Silver, NIKKEI, DAX

Weekly chart:: structure without direction with varying breakthroughs of Tops/Bottoms. It is likely that trading in a current range will continue.

Weekly review: Silver, NIKKEI, DAX

Daily chart: a well expressed pinbar after inside bar on the end of descending swing tell about inclination to purchases.

Weekly review: Silver, NIKKEI, DAX

Scenario: growth from current to 16.75.

Trading decisions:

1) We shall buy to 16.75. Stops orders shall be put under 15.48.

Aleksey Panasenko
FreshForex Analyst
Agree with the review?
Traders' opinion:

Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .