SIEMENS trade ideas
BEARISH BAT IN SIEMENS ON 1 DAY CHARTSIEMENS, MAY SEE A DISINVESTMENT CHART ZONE SOON.
Harmonics Pattern For: SIEMENS
Time: 1 Day
Pattern: BearishBat
X: 07-Feb-2019 09:00 Price: 1098.50
A: 19-Feb-2019 09:00 Price: 935.70
B: 25-Feb-2019 09:00 Price: 1000.70
C: 26-Feb-2019 09:00 Price: 965.40
DPoint: 1079.94
PrzLow: 1057.82 PrzHigh: 1079.94
T1: 1045.90 T2: 1007.82 SL: 1100.70
Time: 04-Mar-2019 22:51
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Siemens : Further low before it forms a base and reversesSiemens could be near its low but a looks like there would be a further dip before which it forms a base and reverses. So one should just watch and trade only post a confirmation. RSI is nearing an oversold region.
SIEMENS weekly chart study - Buy setup - Bullish DivergenceBuy SIEMENS between 980-1030
Targets open
SL: 830
SIEMNS - Short Trade IdeaShort below 1008.85 with SL 1039.45
T1 1002
T2 997
T3 992.4
T4 986.7
T5 982.6
Sell on RIse Feb ContractThis one will move up for an two or three candle in 15 mints , and then look for reversal red candle to go short and take profit is near as per forecast Lot size 550
SIEMENS - Short Trade IdeaShort below 1018.3 with SL 1046.4
T1 1011.95
T2 1002
T3 997
T4 992.4
T5 986.7
T6 982.6
SIEMENTS - Short Trade IdeaShort below 1048.6 with SL 1068.6
T1 1044.6
T2 1040.1
T3 1036.1
T4 1032.7
T5 1027.4
Sell on Reversal for Long term Prospective This one is coming down , and it will likely come down very fast , this trade is very profitable and you dont want to miss ,
01) Let it come and down till 900 and see weather it brakes with strong bearish candle , suppose if it starts turning get out of the short trade and let it make another consolidation then again you can look for entering during the ending of consolidation
02) if it brakes strongly then stay with it , it will consolidate and then starts moving down
SIEMENS LONG Above 1060May be ready for descending channel breakout, Intra trade only above 1060
Positional long above 1060 on closing basis.
#SIEMENSNeeds a strength candle on M to break the pinbar
Big Gap open on W charts (Gap Bridge Zone 1019.50 to 1055)
Reversal confirmation
TGC with strength
LONG SIEMENS ABOVE 960Siemens is forming triangle formation with good volume if break 960 then next target will be 1040.
Up sloping channel/Small Risk TradePrices have nicely formed Up sloping channel which offers an opportunity to trade it at current level by risking a small amount. Prices have bounced at retest of lower trend line. We can initiate the long trade as the details given below
Entry 932
SL 899(closing)
Target 1030
Risk/Reward Ratio 3
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
