#Dax30 - Just the Beginning? #grxeurLike and subscribe, so that you are always up to date!
The analysis is not yet complete but here you can see in my opinion the preliminary basic structure of the Dax.
If this prevails, then the crash was just the beginning and part of wave 1, but then all those who are still invested long in the market should use wave 2 to sell their positions and hold cash in order to be able to enter the market again at a much lower price later.
I will deliver the big picture separately later. Be curious about it.
Greetings from Hannover
Stefan Bode
P.S. Liken and subscribe!
Dax30short
ridethepig | Green/CDU Grand Coalition Cooking in GermanyA fresh round of poll updates from Germany with CDU/Green coalition in play:
=> CDU/CSU-EPP: 28%
=> GRÜNE-G/EFA: 23%
=> SPD-S&D: 12%
=> AfD-ID: 11% (-1)
=> LINKE-LEFT: 9%
=> FDP-RE: 9%
We are marking the highs as widely mentioned previously in the 2020 Dax Macro Map:
Markets are unable to shrug off risk from Coronavirus and we are spreading into waterfall mode. PBOC stepping in to attempt stopping the bleeding but smells too little too late. No surprises EUR showing signs of marching in the opposite direction:
Those following the latest Macro charts in Euro will know, the philosophy of EUR finding a strong bid will constitute good criteria for the devaluation of German Equities. This is crunching time for the Fiscal side in Europe, if Germany start to turn on the fiscal taps (too late anyway) then the logical follow up is EUR long.
Thanks as usual for keeping your support coming with likes, comments, charts and etc!
The meltdown is near on Dax 30We can see a huge head and shoulders which is near to be validated on the monthly time frame.
It is necessary to track the RSI which is present a nice bearich divergence and below the neutral zone of 50 the situation will be critical so in my opinion and in this situation the market will not support an another bad news.
DAX to 14120No matter if #DAX will go short just for a while to charge the price.
We will go long to 14120
DAX 30 SELL SIGNAL!!!The price level is below the hermes support level. The probability of decline is higher then price increase.
Possibility of 0-5 Harmonic Pattern FormationDetail of Harmonic Pattern is shown on H1 Time Frame with higher Accuracy.
Shorting the DAX with a 7+ Risk/RewardGood morning from us!
Here's a little update of what we believe will be happening with the DAX over the next few trading sessions:
The daily is making yet another test of the broken contraction.
The 4H seems to have formed another contraction after the breakout and now retest of major contraction.
The 1H is heading to test the top of a bullish channel and yesterdays high could be the reversal point.
As a result we believe that a bearish turn-around is due soon.
Our target here will be to enter short at yesterdays high and once the rising channel is broken on the 1H, move SL into Breakeven.
Short DAX SetupAs u can see on a chart are on important place. Fibo retracment, Near last ATH.
Get position in some pieces (3-4 pieces). Do grid or piramid.
Get same SL for all positions.
Make TP in stages. One in half way, second in the last place. If position will still gaining left last 2 pieces. If the market will go difrent way after second TP place close manualy rest positions






















