I am guessing "Rising Wedge Bearish" pattern can comes in next week.
On the daily TF I have an analysis/hypothesis that DAX will shoot to the moon again. I need price to break through 15541.20 to enter for the kill. Patiently wait and y'all will be breaded up! *throws cash*
Here I see that the market has had it's 8:30 am candle. From there we will enter in for the scalping buy on the 15 minute timeframe. As I was marking up, TP1 hit. Let's see where we go from here.
GER30 - Intraday - We look to Sell a break of 15198 (stop at 15246) Price action resulted in a new all-time high at 15540. Rallies should be capped by yesterday's high. Prices spiked higher and stalled at resistance in early trade. Further selling pressure led to a reversal in price action. The continuation lower in prices through support has been impressive...
GER30 - Intraday - We look to Buy a break of 15303 (stop at 15248) Daily signals are bullish. Expect trading to remain mixed and volatile. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. The bias is to break to the upside. Further upside is expected, however, due to the strong resistance above...
GER30 - Intraday - We look to Sell at 15489 (stop at 15542) Expect trading to remain mixed and volatile. 15500 continues to hold back the bulls. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 15344 and 15314 Resistance: 15400 / 15470 / 15500 Support: 15350 / 15300 / 15250
GER30 - Intraday - We look to Sell at 15489 (stop at 15542) Pivot resistance is at 15520. The previous swing high is located at 15540. We look for a temporary move higher. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile....
I personally believe that Dax will continue on its bull run but first pull back and test that key level then break through its all-time high soon. What do you think?
AC indicator on 4hour chart is green,up near full AC on 30min chart going to green this mean dax little must move up ,then back down (or range) until AC 4hour turn red ok? when AC 4hour turn green must start new up move to 15800-16000 (fibo extention show dax target 16150) ADVICE= looking buy in deep and hold until 15800 AC for metatrader4 4xone.com
downward still 14490 because there in 15500 we have strong resistance line from 2007 ------- my last idea about GER30 :
dax going to 15800 , strongly advice looking for buy in low and hold it (for example when AC30min go down,red pick buy) in your sell signals ,dont open it or reduce size and 100% put SL =40 dont remove it , dax have very + energy to fly up 17000 predict=dax frist will see 15700 then 16200(orange=fibo extention) www.tradingview.com
Dax managed to stay inside the monthly range, unlike Us indices ,Dax avoided any heavy loss regardless of the situation in middle east as well as the higher inflation numbers from US. Price is likely to continue inside 15130-15330 rectangle with few more Higher highs and Higher Lows ,Speculative Sentiment Index is around 40% and fluctuating rapidly after every...
today we have gap,if news not comes 99% must fill (today company's earning comes very good) if dax can break high ,will go to 15800-16000 advice= even dax go down ,becouse daily trend is very powerful + looking for buy only , dont pick sell signals =super stupid note = dax can little go down or zigzag but will continiue + trend ,dont allow 3-4 red...
Entry and TP are marked on the chart. There are five targets to the downside. I have noticed that there was a crab pattern on the higher time frame. Please comment below.
Sell again After losing 200 points But 4 times the loss will be compensated
The DAX index appears to be forming a Bearish Crab pattern, which typically entails likely bearish reversals. This is strong enough confirmation of the aforementioned bearish sentiment, but there is more. Provided that the price action reaches point D at around 15900.000, this would create perfect selling conditions. Moreover, the peak of the Crab pattern would...
GER30 - Intraday - We look to Sell at 15424 (stop at 15481) The trend of lower highs is located at 15420. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 15269 and 15239 Resistance: 15300 / 15350 /...
GER30 - Intraday - We look to Sell a break of 15339 (stop at 15392) We are trading at overbought extremes. A higher correction is expected. Further downside is expected, however, due to the strong support below we prefer to sell a break of 15339, which will confirm the bearish sentiment. Expect trading to remain mixed and volatile. Our profit targets will...