Germany 40, Daily
Panjang

Trade setup via TiqGPT

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Analyzing the Germany 40 across multiple timeframes, we observe a consistent bullish momentum, particularly evident in the daily and 4-hour charts. The daily charts (Chart 1 and Chart 2) show a series of green candles indicating strong buying pressure. The 4-hour chart (Chart 3) confirms this with a clear upward trend and higher highs. The 1-hour (Chart 4) and 15-minute (Chart 5) charts show some intraday pullbacks, which are typical in a healthy uptrend, providing potential entry points for continuation trades.
INSTITUTIONAL THESIS:
Institutions appear to be in an accumulation phase, pushing the price upward to potentially target higher liquidity zones above the current price levels. The consistent higher highs and higher lows across the timeframes suggest a strong bullish bias with institutional backing.
LEARNING POINT:
The presence of unmitigated Order Blocks (OB) on the 1-hour and 15-minute charts after a liquidity sweep indicates potential areas for price to revisit before continuing the uptrend.
SIGNAL: BUY
SYMBOL: Germany 40
ENTRY PRICE: $23,800.3
STOP LOSS: $23,780.0
TARGET PRICE: $23,880.0
CONDITION: Buy limit after sweep of daily low confirms BOS on 15M
RATIONALE:
Break of Structure (BOS): Confirmed on the 15M chart with a strong bullish candle closing above previous highs.
Order Block (OB): Entry at the mitigation of the 15M OB at $23,800.3.
Liquidity Targeting: Targeting the next high at $23,880.0, which is a recent peak and likely a liquidity pool.
Market Maker Model Phase: Accumulation phase evident, expecting continuation of the uptrend.

Penafian

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