Weekly review. Silver, NIKKEI, DAX

NIKKEI

Monthly chart: question of the month is will bears be able to close June by Inside Bar to start correction? We only have to wait.

Weekly chart: downward swing can be attacked by bulls. Only failure of support 19025 can break an ascending trend.

Day chart Bulls aim to reach (20649).

Scenario: move above 20649, then a pullback and new purchases

Trading decisions:

1) Take profit above 20649

2) Find short signals once an ascending swing is over

3) Buy once a descending swing (pullback) is over .

DAX30

Monthly chart: a well-shaped a descending swing allows bulls to form their upward swing.

Weekly chart: The first breakdown has been received. To nullify it, buyers need to break the Top 11931.8. Bears have the opposite task – to break bottom 10788.6

Day chart: bulls can move above 11459.5 and they seem to be ready to do that.

Scenario: break above 11459.6 and expecting chances to buy from 10862.8

Trading decisions:

1) Once the price gets above 11459.6 , we shall put Buy Limit 10862.8 with Stops under 107971 and profit in the area 11931.8

Silver

Monthly chart: Once the price leaves the flat, we can determine: whether it moves above 18.62 or gets under 14.35.

Weekly chart: ascending structure is forming. Only move under 15.59 will break it. Buyers have a good chance for growth.

Day chart: an upward swing has already been shaped and bulls cannot lose support 15.81 (blue arrow). Bears will aim to move the price under 15.81.

Scenario: On moving the price under 15.81 — we will go under14.35. If support 15.81 sustains, the price will get to .

Trading decisions:

1) Buy with a new week Low (15.90), with Stop orders established under 15.81.

2) Sales on trend are impossible, but we have no clear signals, so our Stop is not the most profitable one.

NIKKEI Monthly chart: question of the month is will bears be able to close June by Inside Bar to start correction? We only have to wait. Weekly chart: downward swing can be attacked by bulls. Only failure of support 19025 can break an ascending trend. Day chart Bulls aim to reach (20649). Scenario: move above 20649, then a pullback and new purchases Trading decisions: 1) Take profit above 20649 2) Find short signals once an ascending swing is over 3) Buy once a descending swing (pullback) is over . DAX30 Monthly chart: a well-shaped a descending swing allows bulls to form their upward swing. Weekly chart: The first breakdown has been received. To nullify it, buyers need to break the Top 11931.8. Bears have the opposite task – to break bottom 10788.6 Day chart: bulls can move above 11459.5 and they seem to be ready to do that. Scenario: break above 11459.6 and expecting chances to buy from 10862.8 Trading decisions: 1) Once the price gets above 11459.6 , we shall put Buy Limit 10862.8 with Stops under 107971 and profit in the area 11931.8 Silver Monthly chart: Once the price leaves the flat, we can determine: whether it moves above 18.62 or gets under 14.35. Weekly chart: ascending structure is forming. Only move under 15.59 will break it. Buyers have a good chance for growth. Day chart: an upward swing has already been shaped and bulls cannot lose support 15.81 (blue arrow). Bears will aim to move the price under 15.81. Scenario: On moving the price under 15.81 — we will go under14.35. If support 15.81 sustains, the price will get to . Trading decisions: 1) Buy with a new week Low (15.90), with Stop orders established under 15.81. 2) Sales on trend are impossible, but we have no clear signals, so our Stop is not the most profitable one. Источник: https://freshforex.com/analitics/fresh-forecast/gann-and-price-action/week_855.html