dax broke the down trend a retested now looking to go long on dax Daily uptrend
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...
GER40 - 24h expiry - We look to Buy a break of 16001 (stop at 15899) There is no clear indication that the upward move is coming to an end. We are trading at overbought extremes. Daily signals are bullish. 15925 has been pivotal. A break of the recent high at 15980 should result in a further move higher. Our profit targets will be 16251 and 16301...
I laid everything on the charts refer to it and you'll find yourselves in a good swing entry, be patient and yoou'll find your rhythm, it all depends on price action.
TP: 12000 SL: 17000 Short Dax/ Germany40 Short Dax/ Germany40 Short Dax/ Germany40
Important breakout on Dax Index. The market broke and closed above 15600 - 15700 supply cluster, the broken structure turned into a demand zone. I will expect a bullish continuation from that to 16100 level. ❤️Please, support my work with like, thank you!❤️
GER40 - 24h expiry - Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action has posted a Doji candle and confirms a possible stall in the recent move. The trend of higher intraday lows has also been broken. We are trading at overbought extremes. A higher correction is expected. A break of the...
As we see in the chart, after a big sell off, we took 1h liquidity, as well we took internal liquidity, so now I expect big displacement to upside breaking light blue line, which will create 5,4, or 3m Fair Value Gap, from where we can take Long entry after pull back. I will take 1:3 ratio trade with 10p SL
DAX initially formed a large Falling Wedge. Then before the price broke above it formed a Reverse Cup and Handle. The price broke not only out of the Brim Level but also out of the Wedge. This gave a HIGH probability trade to buy and hold long. Other signals confirmed too with 7 >21 >200 - Bullish RSI>50 Uptrend line still strong. I'm still happy to set the...
GER40 - 24h expiry - Daily signals are bullish. Traded to the highest level in 62 weeks. There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 15683. 15791 has been pivotal. A break of the recent high at 15791 should result in a further move higher. We look to Buy a break of 15801 (stop at...
GER40 - 24h expiry - We look to Sell a break of 15529 (stop at 15649) We are trading at overbought extremes. Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. The bearish engulfing candle on the daily chart is...
From a technical point of view, the $DAX30 index could form a Doublet Top Pattern on 15' chart. Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖 Cheers! N.B.: Updates will follow below
We noticed a chartbook reversal short with Bouhmidi-Bands in DAX today. After Breaking the upper Bouhmidi-Band we created a short signal. With US opening we moved lower and started the reversal movement heading back and closing within Bouhmidi-Bands.
GER40 - Our short term bias remains negative. We are trading at overbought extremes. Trend line resistance is located at 15350. Short term momentum is bullish. Prices expected to stall near trend line resistance. 24h expiry - We look to Sell at 15359 (stop at 15479) Our profit targets will be 15059 and 15009 Resistance: 15200 / 15300 / 15400 Support:...
DAX40 closed last week trading -0.81%. DAX40 is forming bullish setup.
GER40 - Our short term bias remains negative. The bias is to break to the downside. News events could adversley affect the short term technical picture. A higher correction is expected. A break of the recent low at 15069 should result in a further move lower. Our profit targets will be 14759 and 14709 22h expiry - We look to Sell a break of 15059 (stop...
GER40 - We are trading at overbought extremes. Short term bias has turned negative. A higher correction is expected. News events could adversley affect the short term technical picture. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. 24h expiry - We look to Sell at 15466 (stop at 15586) Our profit targets...
Hope you are having a nice day. Looking at Zone 1&2 it looks a lot like we might be seeing some neutral movement for Monday i will also take extra caution when taking a trade. I also noticed that Zone 3 on the chart was a big resistance level back in November and December 2022 and then got broken out of. I do however think that the market will be testing Zone...