After slacklining on the resistance threshold at 15590 points, we expect the German main index to rise again and reach a region around 16261 points. Alternatively, the course might take the route over 15250 points, but as long as we are not clearly falling below 15590 points, there should be no reason to panic. Happy weekend all!
DAX has been playing but I believe this 4H is a scalp for the swingers. Hold until RSI touching top line or Mark your TP! I’m still learning and publishing as I go.
It is a beautiful morning for DAX and I, aiming for 3 TP but if she continues that’s even better!
DE30 - Intraday - We look to Buy at 15533 (stop at 15485) Daily signals are bullish. 50 4hour EMA is at 15535. Dips continue to attract buyers. We look to buy dips. The trend of higher lows is located at 15530. Our profit targets will be 15648 and 15668 Resistance: 15680 / 15700 / 15750 Support: 15650 / 15600 / 15550
Using my MA - 4, and my RSI 3,4,6,14. Extra confirmation watching the news on dailyfx from US30 and Ger30 the buyers momentum will continue. Eventually they will burn out but when?
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.
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...
Hi Traders, This is my view on this cross for the next few days. #DAX Wait for the structure to be definitively broken and retest to go long BUY 15.357 SL 15.233 TP 15.606 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my...
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...
I would ideally like the price to come down and wipe out some of the minor higher lows created before bouncing from the order blocks to the previous high.
We cannot get enough of this pun as the German leading index is yet again pushing for another bullish run. Even though it missed the target zone by less than 30 points, we are happy about the way things turned out and are looking forward to seeing the index reach the 16000 point mark. First, it has to crush through the 15590 point barrier which should not be a big...
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...
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...
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...
GER30 - Intraday - We look to Buy at 15366 (stop at 15319) Daily signals are bullish. Previous resistance, now becomes support at 15375. Pivot support is at 15375. 20 4hour EMA is at 15366. We look to buy dips. We can see no technical reason for a change of trend. Our profit targets will be 15498 and 15548 Resistance: 15450 / 15500 / 15550 Support:...
GER30 - Intraday - We look to Buy a break of 15381 (stop at 15324) Daily signals are bullish. Price action continues to trade around the all-time highs. Pivot resistance is at 15375. A break of bespoke resistance at 15375, and the move higher is already underway. We look for gains to be extended today. We can see no technical reason for a change of trend....