The DAX has excellently recovered from its low and is celebrating it with some great runs. However, within the blue box, where the index is currently located at, there is a high chance that this current surge is only short-lived. With a chance of 40%, the course might drop all the way down to the pink area. Don't be too fast!
Hello traders, DAX in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In this index, we consider two scenarios: In the first scenario, the main waves 1, 2, 3, 4, and 5 are formed, and now we have entered a new phase and correctional waves. In the second scenario, waves 1, 2 and 3 are...
sl = 4-5 point under low if big bad news not come (low not break) dax midterm for next 2 month target is 17200 if you have open sell , close it now ,put sellstop in low if you have open buy be patient 10 day until 15900 ok??? , put hedge sellstop in low too , break low mean new wave of crash come important = dax have very powerfull support around 14000...
The German index continues to bounce around the 200 day EMA as we have seen a lot of consolidation in this general vicinity. The 200 day EMA is obviously an indicator that a lot of technical traders will jump on, as it continues to be an area that longer-term traders pay close attention to. Furthermore, when you look at this chart, you can see that we have gone...
GER40 - Intraday - We look to Sell a break of 15985 (stop at 16044) Short term momentum is bearish. We are trading at overbought extremes. A higher correction is expected. Bespoke support is located at 16000. A break of 15985 is needed to confirm follow through negative momentum. 16300 has been pivotal. Our profit targets will be 15818 and 15798...
GER40 - Intraday - We look to Buy at 16133 (stop at 16083) Daily signals are bullish. There is no clear indication that the upward move is coming to an end. Dips continue to attract buyers. We look to buy dips. 50 4hour EMA is at 16130. We look for a temporary move lower. Our profit targets will be 16273 and 16293 Resistance: 16200 / 16250 /...
Today Moderna CEO Predicts Less Effective Vaccines For Omicron Variant and it showing negative impact on Future Markets, if we look DAX it already broke it's trend line after 2020 Rise, but now on bear side it's very near to it's weekly support line to break. All we can do wait to see how deep this correction can go not good time to invest yet in my opinion.
The Solomon Number of DAX is: 15897 Instructions: A- Every DECREASE in price is an opportunity to BUY. The Target is Solomon Number 15897. B- Once the Solomon Number is touched the analysis is no longer valid to enter OR take long again. D- Apply proper risk management according to your balance. 1st long entry@ now 15275 2nd long entry@ 15060 TP@ 15897
Buy off 15100 1:13 RR Buying off order block to complete bull trend
Why Sell? 1. Stop Hunt 2. Break of Structure (caused by the SH) 3. Bearish momentum Action Plan: I will wait until the price reaches the SZ zone and look for a candle reversal pattern on a smaller TF. A break above the SZ level will invalidate this setup.
stay in buy from 15400 tp 15852 stay in buy with intra day trade
We can see dax is bearish as i can see h4 trend is bearish from 15934 to 15764 15654 alternatively above 15964 we can see bullish sentiments
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello traders. Currently we are almost ready to enter the trade on the US500. After a solid move up and a slow retracement we had a fake break-out. After the fake break-out we seen a break of strucure wich gives us confluence. Also indicators aling with what we see. Orange area would be the time to step in, as always stoploss below the low. Kind regards. Tim
GER40 - Intraday - We look to Sell at 15998 (stop at 16066) We are trading at overbought extremes. Daily pivot is at 16031. Daily pivot is at 16005. Resistance is located at 16000 and should cap gains to this area. We look for a temporary move higher. Price action continues to trade around the all-time highs. Our profit targets will be 15811 and 15761...
GER40 - Intraday - We look to Sell at 16044 (stop at 16104) Following yesterday's doji the overall trend has stalled and a reversal is possible. We look for a temporary move higher. A higher correction is expected. We are trading at overbought extremes. Our profit targets will be 15871 and 15851 Resistance: 16060 / 16100 / 16150 Support: 16000 / 15950 / 15900
Halloween season is on, but nothing spooky for the DAX! We expect a correction shortly and new all-time highs above 16024 points. However, the course should not drop below 14795 points. Candy time!
wait for around 15620 for buy and hold (germany GDP forecast comes very bad , link below) www.forexfactory.com