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 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 /...
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 B- Once the Solomon Number is touched the analysis is no longer valid to enter OR take long again.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
DAX | DAX Index Forecast Based on the Order Blocks Trading Strategy
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...
In the update we review the long trade in the DAX and rolll up stops to protect partial gains
GER40 - Intraday - We look to Buy at 15522 (stop at 15454) Daily signals are mildly bullish. Dips continue to attract buyers. Short term bias has turned positive. 20 4hour EMA is at 15520. We look to buy dips. Our profit targets will be 15709 and 15729 Resistance: 15600 / 15650 / 15700 Support: 15550 / 15500 / 15450
n the dax we have an impulse to the upside my bias on the price going up is because i see a continuation pattern to the upside with 3 clear touches and a key area that price was respecting as a support to the upside.
#DAX40 - After testing 2nd #Bouhmidi-Band we found a intraday bottom and reverse long heading to 15k. Check my trade and update.
The dax got in touch with the daily MA200 Could be time to buy as we broke the channel
Currently, we expect the DAX is going to rise and leave the low of wave 2 in green behind. It is important that the course is surging past 16024 points. From there, we have plenty of room to further increase to regions around 16500 points. However, the DAX must remain above 14998 points. Happy trading!
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...
GER30 - Intraday - We look to Buy a break of 15751 (stop at 15712) Expect trading to remain mixed and volatile. Daily signals are mildly bullish. A break of bespoke resistance at 15750, and the move higher is already underway. A break of yesterdays high would confirm bullish momentum. Short term bias has turned positive. Our profit targets will be 15859...
GER30 - Intraday - We look to Buy at 15694 (stop at 15654) Prices have reacted from 15450. Short term bias has turned positive. We look to buy dips. Pivot support is at 15694. 20 4hour EMA is at 15694. Our profit targets will be 15804 and 15824 Resistance: 15750 / 15800 / 15850 Support: 15700 / 15650 / 15600
For the DAX, we expect that the course will come back and reach the trading zone for a second time. Then, the course should have enough power to push through the resistance at 16024 points and further increase past 16900 points. Keep trading!
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...
The German DAX is set to enter the yellow trading zone. We expect the DAX to fall between 15530 – 15140 points, before starting another bullish rally. However, until then, it needs to stay away from the resistance at 16024 points. Be prepared!
GER30 - Intraday - We look to Buy at 15812 (stop at 15758) Previous resistance, now becomes support at 15800. Dips continue to attract buyers. We look to buy dips. Daily signals are bullish. There is no clear indication that the upward move is coming to an end. Our profit targets will be 15969 and 15989 Resistance: 15970 / 16000 / 16030 Support: 15900 /...