I am looking at trading the DAX today on the 4-hour time frame. Yesterday, we saw a major drop from the top of the daily resistance level. Price dropped around 2.5%. As we are still trending upwards and making higher highs and higher lows, we are now looking for an opportunity to go long. I have been testing a new strategy involving Bolinger bands, a fib...
Dax is showing signs that it maybe ready to breakout out of a large scale high volume node that started in early June if the market breaks out of that area there is a considerable amount of space that it can run to the upside German 40 Buy Stop Entry 13550 Stop Loss 13450 Take Profit 1 13840 Take Profit 2 13940 Be aware that on Thursday Aug 4 GBP will have...
Hi everyone , DAX40 - 30 , goes to break up weekly High. Lets quick it and no more talk. i dont know why we should blah blah blah to fill describe about it.
Here is my view for DAX on H4. 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!
GER40 - Intraday - We look to Buy at 12811 (stop at 12748) Expect trading to remain mixed and volatile. Previous resistance at 12800 now becomes support. We look to buy dips. 50 4hour EMA is at 12790. Our profit targets will be 12964 and 12994 Resistance: 13000 / 13100 / 13200 Support: 12900 / 12800 / 12700
Hi Traders, Having a look a the DAX today on the daily and 4 hours. I have highlighted the descending channel that we have been in since mid-June. Descending channels are a great pattern and can usually present a great setup with a high risk to reward as the targets for the channel entries are usually up where the channel began. We can classify this as a channel...
GER40 - Intraday - We look to Buy at 14421 (stop at 14344) Daily signals are mildly bullish. Our short term bias remains positive. 50 4hour EMA is at 14430. We look to buy dips. Trend line support is located at 14410. Our profit targets will be 14608 and 14648 Resistance: 14600 / 14640 / 14700 Support: 14500 / 14400 / 14300
GER40 - Intraday - We look to Buy at 14401 (stop at 14319) Daily signals are mildly bullish. Our short term bias remains positive. 50 4hour EMA is at 14383. We look to buy dips. Price action has formed a bullish ascending triangle formation. Our profit targets will be 14598 and 14638 Resistance: 14600 / 14640 / 14700 Support: 14500 / 14400 / 14300
GER40 - Intraday - We look to Buy at 14276 (stop at 14199 ) 50 4hour EMA is at 14272. Our short term bias remains positive. We look for a temporary move lower. Previous resistance at 14300 now becomes support. 14276 has been pivotal. Our profit targets will be 14459 and 14499 Resistance: 14500 / 14600 / 14700 Support: 14400 / 14300 / 14200
GER40 - Intraday - We look to Buy at 14411 (stop at 14339) Our short term bias remains positive. We look to buy dips. 20 4hour EMA is at 14411. A lower correction is expected. Our profit targets will be 14588 and 14628 Resistance: 14600 / 14700 / 14800 Support: 14500 / 14400 / 14300
Hi there, In the video, I went through some basic technical analysis on germany 40 Feel free to share your analysis kind regards
GER40 - Intraday - We look to Buy a break of 14316 (stop at 14248) 14314 has been pivotal. Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. Short term bias is bullish. Our profit targets will be 14488 and 14528 Resistance: 14300 / 14400 / 14500 Support: 14200 / 14100 / 14000
GER40 - Intraday - We look to Buy at 13811 (stop at 13727) Short term bias has turned positive. 50 4hour EMA is at 13804. 13799 has been pivotal. We look to buy dips. Our profit targets will be 14024 and 14074 Resistance: 14000 / 14070 / 14140 Support: 13900 / 13850 / 13800
GER40 - Intraday - We look to Buy at 14001 (stop at 13928) Short term momentum is bullish. Previous resistance at 14000 now becomes support. We look to buy dips. Our profit targets will be 14198 and 14248 Resistance: 14200 / 14300 / 14380 Support: 14100 / 14000 / 13900
GER40 - Intraday - We look to Buy a break of 14251 (stop at 14177) Short term momentum is bullish. A break of yesterdays high would confirm bullish momentum. 20 1day EMA is at 14224. Morning dips were bought into in front of yesterday's support level (14000) and follow through bullish momentum resulted in all the initial down move being overturned. Our...
As projected on the 31th Jan DAX is hitting our first target. It's time to adjust your stop-loss if you have not already. This upper line of the triangle can be tested several times today and if it holds we are heading for the second target which will be around 15950 points. otherwise, we can expect the price to fall to the EMA (9). Stop-loss can be adjusted to...
RSI - SMA is close to signaling a "buy". If the price stays the same or higher by end of the day. If this happens target is the upper triangle line (blue line) and the second target will be around 15950 points. What do we don't want to see for confirming our "long strategy": A closing below the SMA (9) If you like this analysis - thumbs up! ________ 🚀 Follow for...