-----------DAX DOWNSIDE MOVE IS ABOUT TO HAPPEN----------- DAX index shows a few signs that it is ready to deep dive. The course is at all time high. Economic indicators like GDP, interes rate, emloyment don't support that optimistic behaviour. Weekly RSI is at overbought territory. And daily RSI shows divergence. I think it is time to re-consider the long...
DAX is approaching its sell zone in the weekly time frame, and due to the filling of the time frame, we can consider the possibility of reacting to this zone.
GDAX DAX 40 (German 40) Technical Analysis & Trade Idea The DAX 40's recent bullish surge reveals signs of exhaustion on the monthly and weekly charts. Lower timeframes suggest a manipulative price structure primed for a potential trend reversal. Here's the breakdown: - Overextension: Extended trends often succumb to corrections or shifts in direction. The DAX...
Sharing DAX updated from TTR DAX had a perfect reversal candle, but still needs to confirm below 16855 We got a monthly inside candle close today. Weekly has more room to the upside, but a double we have a potential double top formation here We have a clear negative divergence on the daily level!
Dax looks so good for a short. I can clearly see a broke down of a weekly trendline on higher timeframe. On lower timeframe we can also see a break of a short-term trendline, short squeeze and drop. My indicators also shown a good divergence on h4 timeframe, and a drop is gihly expected
Hello Friends 😁 Since our last analysis of the DAX, significant developments have unfolded. We've adjusted the analysis slightly to the left, identifying Wave 3, Wave 4, and Wave 5, or alternatively, Wave 1 and Wave A. In my perspective, the upward trend represents either a Wave B or Wave 2 correction. As long as we stay within the 100% correction, it continues...
The German Dax index bounced off its support at 15 559 points. As a result, it could not yet sustainably dive into our turquoise target zone between 15 528 and 14 313 points. However, we locate the low of the turquoise wave 4 in this zone and expect a new attempt to fall below the support. Only following the turquoise wave 4, we expect a significant rise.
GER40 - 24h expiry The bearish engulfing candle on the weekly chart is negative for sentiment. Short term bias has turned negative. There is no clear indication that the downward move is coming to an end. We are trading at oversold extremes. We look for a temporary move higher. Previous support at 15750 now becomes resistance. We look to Sell at 15749...
Hello We are stuck in 1500 point range for long time, see no reason to go more up. Everyone is so bullish talking about all time high but . Is it possible? I think no, thats my educated quess for this trade. Pros: - Divergence on daily time frame - Inflation, - Bad data coming out, - War. Recently market moves without logic to me but thinking that people will...
European stocks have been on a tear lately, while macroeconomic conditions have been slowing down. DAX is in an over-extended move with very shallow pullbacks, took out the high of the run started last February. Swing short positions, SL at 15898, multiple targets, mainly around 14900, 14560, and 14100. If the price stalls / I don't see a strong move down from...
Let's get ready for mayhem in the coming weeks, the DAX topped out last week and we're starting to build to the downside. We're expecting a very sharp move downwards and are already short from the turn, but will be looking to add more shorts upon a minor wave 2 retracement. Exciting times lie ahead and we think there's going to be some great opportunites to make...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
After breaking out of the drawn channel (red lines), the price goes down. I expect further declines. TP around 13700. GG P.S. This is not financial advice of course, just my idea.
Energy could be the beginning of a big problem for the German Industry , without a doubt this will bring consequences. Not in the short term... but in the medium and long term Yes , in addition to the advantage of other markets and their favorable factors , I achieved an effect of exodus for the Big industry of the old continent, of course, this is just a simple...
DAX has at the moment two possible scenarios. If we look fundamentally, inflation might peaked, but recession probabilities around the world are still rising. So for me the most likely scenario to happen is the bearish one. Use a solid money management and risk precautions before you enter the market.
Hello! DAX price prediction by EWA/EWP in Global aspect. ( 3-rd alternative in bullish scenario. )
The DAX is set to open lower, but there are two potential scenarios to monitor; a bullish breakout from a bull flag – or the swing high has already been seen around trend resistance. The DAX has rallied from the September low in three waves, which could either be part of a new bullish trend or part of a 3-wave retracement. If we look at price action alone, the...