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
HEY EVERYONE Here's a look at the DOLLAR INDEX FOR DIRECTION AND OVERVIEW IDEA ON WHAT PRICE IS DOING hope everyone is having a good day now we taking DAX from the monthly streets which has more or less held an ascending channel currently trading at the roof of this structure and will be looking at price to see if this structure breaks or holds before embarking...
HEY EVERYONE Here's a look at the DOLLAR INDEX FOR DIRECTION AND OVERVIEW IDEA ON WHAT PRICE IS DOING hope everyone is having a good day now we taking DAX from the monthly streets which has more or less held an ascending channel currently trading at the roof of this structure and will be looking at price to see if this structure breaks or holds before embarking...
GER30 Retracedd back to the POI . We are taking a sell position from here confirmation checklist 1. POI 2. 78% FIB RETRACEMENT LEVEL 3. BREAK OF STRUCTURE
Our updated DAX chart. As the chart imposes a major support is being tested after the asset's failure to rise higher. Eurozone is in trouble with France showing weekness and this might cause all European indices a correction. Italy and Spain as well as the rest of the PIGs are hustling with lockdowns. Could this be the time to click on the Sell button? We will...
With all vaccine turbulences (how many doses can each country get, bureaucracy and so on) and covid19 cases going up in Germany (lockdown already updated until January 31), could we expect the formation of a H&S pattern by the end of next week? Also, Deutsche Bank is insanely overvalued at 9.530€.
As described in my last analysis, the Dax has reached with the last high at 14137 only the minimum target, in the form of the 0.618 extension, of the yellow circled z. In all other waves, the mandatory targets have already been reached. However, there is still potential to the upside. So far, only the 0.618 extension has been reached in the pink (z). The next...
this is a short as in it really near all time high and soon going to break because of global reasoner that are going in the upcoming time. in a bigger picture it is following a very high push upwards so might as well go for another high records but it closely follows Dow. the new York exchange and hence can be highly volatile due to the pandemic . overall many...
There is no secret that we all have good and BAD trades. Dax was my BAD trade last month.. Tried to get it once, tried to get it twice, it was just not listening to me. So what do we do in these cases? What is the secret to surviving in the markets? Well the answer to both questions is ' FORGET ABOUT THAT ASSET FOR A WHILE' and trade something else. Pick an...
The DAX is trading near the historic peak at 13812, as it is moving inside a rising channel, and the index is near the upper side of the channel, which may push it to correct to the downside. The best selling prices are 13488 and 13616. However, if the pair manages to breach the historical peak at 13812, then it is a good opportunity to continue the rise. The...
As with all indices, since US election, Dax had a good run-up of 2000 point or almost 20%. Now the index looks like running out of fuel and a drop to 12500 is possible. I don't rule out a spike up towards 14k, but this in my opinion will be short-lived and can be used as a good entry point for sellers
Find our updated chart with key level prices
Our chart is self-explanatory. We expect a drop
DAX in the sell area and resistance looking a bit too strong to break. Find our updated chart with our sl and tp levels
DAX30 did check the resistance and shows signs of a possible drop. Take a look at our 2-hour candles chart, with key price levels
We got smashed last week but we are still alive. Time to short this baby again. Find our chart with key levels.
Dax is trading above 13k figure, a zone that provided a strong sell zone since June. I believe this time is no different and, with the "vaccine effect" gone the German index will fall to at least 12.500 support. Also, a sell trade above 13150k can have a strong 1:4 R:R