Weekly review. NIKKEY, DAX, Silver

NIKKEY

Monthly chart: a strongest upward swing. We have no choice but to wait for correction to enter purchases in the bottom (supposedly - in the area16369). And of course, wait possible local signals for sales with a view to have a descending swing.

Weekly chart: it is obvious here that the area 19030 will be protected here, otherwise bears will get reversal Over&Under. From one point, it is not desirable, from another one, it stays within correction scenario. So, we have to wait.

Day chart: inside bar is broken, so we are waiting for a downward movement to the area 19463, where we will wait for a signal of continuation of growth (either watch how downward reversal is formed)

Expectations: decline to 19463

Trading decisions:

1) We sell to 19463.

DAX30

Monthly chart: We would like to point Over&Uder broken by bulls (which confirms a strong bullish potential), so we expect a roll down (to the area 9815.4) and then continuation of growth to new Highs .

 

Weekly chart: here is a probability of growth from current levels, because buyers broken inside bar to top. Downward correction would be enabled only with the break of support 11165.1

Day chart: here we've got bullish Over&Under from 11349.1, so consider only purchases from this area to targets on new Highs.

Expectations: touch of 11349.1 and growth to the area 12430.0

Trading decisions:

1) We buy from 11349.1 to 12430.0

Silver

Monthly chart: bulls are probing potential for bottom. There is a couple of inside bars on silver and a false breakthrough down. A growth to 21.58 can be safe for a general descending structure.

 

Weekly chart: potential area for purchases - 15.59. Target - 19.50.

Day chart: bullish pinbar is in the end of descending swing – growth from current levels is possible.

Expectations: growth from current levels to 19.50

Trading decisions:

1) We buy to 19.50

NIKKEY Monthly chart: a strongest upward swing. We have no choice but to wait for correction to enter purchases in the bottom (supposedly - in the area16369). And of course, wait possible local signals for sales with a view to have a descending swing. Weekly chart: it is obvious here that the area 19030 will be protected here, otherwise bears will get reversal Over&Under. From one point, it is not desirable, from another one, it stays within correction scenario. So, we have to wait. Day chart: inside bar is broken, so we are waiting for a downward movement to the area 19463, where we will wait for a signal of continuation of growth (either watch how downward reversal is formed) Expectations: decline to 19463 Trading decisions: 1) We sell to 19463. DAX30 Monthly chart: We would like to point Over&Uder broken by bulls (which confirms a strong bullish potential), so we expect a roll down (to the area 9815.4) and then continuation of growth to new Highs .   Weekly chart: here is a probability of growth from current levels, because buyers broken inside bar to top. Downward correction would be enabled only with the break of support 11165.1 Day chart: here we've got bullish Over&Under from 11349.1, so consider only purchases from this area to targets on new Highs. Expectations: touch of 11349.1 and growth to the area 12430.0 Trading decisions: 1) We buy from 11349.1 to 12430.0 Silver Monthly chart: bulls are probing potential for bottom. There is a couple of inside bars on silver and a false breakthrough down. A growth to 21.58 can be safe for a general descending structure.   Weekly chart: potential area for purchases - 15.59. Target - 19.50. Day chart: bullish pinbar is in the end of descending swing – growth from current levels is possible. Expectations: growth from current levels to 19.50 Trading decisions: 1) We buy to 19.50 Источник: https://freshforex.com/analitics/fresh-forecast/gann-and-price-action/week_828.html