It's all CHOP CHOP CHOP with DAX for the last 3 days.
Unless one of the levels 13140 or 13290 are broken with confidence, it's going to be like this till FOMC tomorrow
I have observed this behaviour in all the assets when they get close to Brown top levels. DAX is near Brown level B at 13440.
Yesterday's levels are still in play i.e. Blue B and Brown...
Trade Idea: Buying DAX
Reasoning: Dax had a nice move higher, following a consolidation we are looking for a move back to resistance.
Entry Level: 13165
Take Profit Level: 13337
Stop Loss: 13117
Risk/Reward: 3.58:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
Dax is at a pivotal point. Brown Zone B is in strong play. I think it will go where the US markets go. Wednesday's FOMC will keep markets in a tight range.
Macro movers: Germany business climate index
For immediate direction, as far as it remains above 13100, it is in bullish zone.
Blue zones C and B are also in play.
Buy
Breaks: 13225, 13270, 13350,
...
DAX is likely to consolidate today. However, PMI data might change that and make it directional
Blue zones B, C and mega zone Brown B are in play today.
Break below 13100 can drop DAX to 12800 and below
Break above 13300 can take DAX to 13600 and above
Buy
Breaks: 13220, 13270, 13350, 13450
Reversals: 13050, 12960, 12900, 12820, 12700
Sell
Breaks: ...
Here is my view for DAX on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Blue levels c,d,e & f are in play. Bears are targeting 12200 & then 11870
Buy reversals at 12390, 12260, 12130/12080
Sell retests at 12800, 12680
Sell breaks on confirmation at 12500, 12390
Further detailed levels are at
#DAX40 #DAX morning #trade #setup analysis
Outlook: Unclear >> bearish
Looking for buys @ 12600 & sells @ 12850
12400 can provide last bounce & open downside to 12200 >> 11900. All the blue levels b, c, d & e are in play today.
Hi Traders,
Having a look at the DAX30 on the Daily.
We see a potential falling wedge with accompanied divergence across the MACD.
I would like to see a break and retest of this pattern before jumping in.
This is the daily time frame so this would be quite a long swing position.
It's all about patience haha.
Let's see how it plays out.
My target would be...
Unlike American indices, Dax30 looks like it has finished correcting at the beginning of March with a low at 12500.
After this low, the index has traded pretty constructively and at this moment a higher low can be in place at the 13500 zone.
The falling trend line started at the beginning of 2022 is also broken to the upside and we can assist in further gains this...
Forex signals are, essentially, trade ideas indicating the market trends in real time. Trading signals are used by novice and professional traders alike
GER30 - Another shark (You see the trend)
Here i'm waiting for price to hit either the .886 of this shark or the demand zone below, with the current outlook across the stocks i'm looking for a bullish push before a retracement then continuations!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots,...
Here is my view for DAX on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for DAX on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for DAX on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
