GERMAN STOCK INDEX (DAX)
Hallo everyone, markets are crazy lately and beside the fact, that Germany is in a recession period the DAX were climbing up for several ATHs in the last weeks. I think this should find an end very soon, as we are testing the ultimate resistance area formed by trend lines from ATH prices in the past. Also my wave count is pointing to an fifth wave of a fifth...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
The DAX stock index is approaching the overlapping zone of bullish targets, and we expect to end our move by recording the historical ceiling in the overlapping zone and FTR doing for the broken ceilings.
FX:GER30 There are only 2 possibilities for me here, if Ger30 fails to break the X indicated High from a demand spotted, there's a high chance of going down to the POI that is eyed, but because of the harsh bullish trend that has been going on, should it break without contacting the demand within the retracement zone, candle stick communication...
DAX Index (H4) Analysis 📉 Overview: Analyzing the DAX index on the H4 timeframe, we observe significant resistance in the range of 17000 - 17100. The price has formed a descending structure, creating lower highs and lower lows. 📊 Key Observations: Resistance Zone: Strong resistance is evident around 17000 - 17100, where the price encountered notable selling...
Looking for price to drop to the breaker block or further more to the demand zone to activate buyers and hike all the way up to the buy side liquidity...
The DAX (GER30) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 16,797.48 which is a multi-swing-high resistance that aligns close to the 100.0% Fibonacci projection level. Stop loss is at 16,900.00 which is a level that sits above a multi-swing-high resistance. Take profit is at...
Hello Traders! This is my idea related to GER4 40. I see two resistance levels and I expect a bearish domination, taking into consideration the evolution of previous days, it looks very likely to go bearish. I will set two targets, the first resistance and the second resistance level. I'm very curious about the move of the GER index this week. Traders, if you...
The price failed to break this support level to the downside. Doji candle formed by the support region, however, so I am pretty confident it will retrace upwards in the upcoming week.
The DAX (GER30) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 15654.35 which is an overlap resistance. Stop loss is at 15825.00 which is a level that sits above a pullback resistance and the 61.8% Fibonacci retracement level. Take profit is at 15349.03 which is an overlap support. High...
Hello traders! ‼️ This is my perspective on GER30. Technical analysis: Here we are in a bearish market structure from daily perspective, so I am looking for a short position. I expect bearish price action from here as price filled the imbalance and rejected from bearish order block. Like, comment and subscribe to be in touch with my content!
Price is testing the multi-swing high resistance level, and we could potentially see price taking out liquidity, and causing a breakout. Our buy entry is at 15274.4, which is a multi-swing high resistance level. Stop loss is at 15055.8, which is below the multi-swing low support level/double bottom. Take profit is at 15553.1, which is a swing high resistance...
Price could fall to our buy entry at 15009.3, which is a pullback support level, aligning with the 50% fibo retracement and slightly below the 61.8% fibo projection. Our stop loss is at 14896.5, which is below the 50% fibo retracement and 100% fibo projection. Take profit is at 15222.4, which is a swing high resistance level. High Risk Investment Warning...
H4 - Bullish convergence. Currently it looks like a pullback is happening. No opposite signs. H1 - Bullish trend pattern. Currently it looks like a pullback is happening. Until the strong support zone holds I expect the price to move higher further after pullbacks.
clear break of structure here, higher highs and higher lows, following my fib levels for possible targets. European inflation came down this last month aswell, perhaps europe is healing? 2hour chart! not calling a perma bull or perma bull market. cheers
GER30 is breaking structure bearish, bouncing off a W trendline, and has closed below the 50EMA (for those that use EMAs). This weeks candle closed with a large wick at the top and the body at the lower half of the candle. This is a bearish candle. Looking to take the entry to the next weekly low from March 2023. It is a little bit over a 1:1 trade
GER40 analysis is still in accordance with the analysis a few weeks ago, where prices tend to follow the bearish curve. Still at the same price target, prices tend to move towards the Fibo area of 1,618
Price could fall to our buy entry at 14946.6, which is a swing low support level, aligning with the 127.2% fibo extension and 78.6% fibo projection. This is a level which has fibo confluence, hence price may reverse from here. Our stop loss is at 14829.8, which is below the previous major swing low support level. Take profit is at 15128.4, which is a pullback...