Theres a full video analysis posted before this. The DAX 40's recent bullish surge reveals signs of exhaustion on the monthly and weekly charts. Lower timeframes suggest a manipulative price structure primed for a potential trend reversal. Here's the breakdown: - Overextension: Extended trends often succumb to corrections or shifts in direction. The DAX 40...
GDAX DAX 40 (German 40) Technical Analysis & Trade Idea The DAX 40's recent bullish surge reveals signs of exhaustion on the monthly and weekly charts. Lower timeframes suggest a manipulative price structure primed for a potential trend reversal. Here's the breakdown: - Overextension: Extended trends often succumb to corrections or shifts in direction. The DAX...
Following weekly chart. The last time when I get a short signal to in weekly chart was 4 weeks before COVID crash. (red area in the chart) Now I got the same signal and unfortunately this is the most trustworthy signal for me. I think this 4 weeks are really critical and what I expect is we might way to go to gaps below. Be careful and be careful!
Following daily chart. Got a short signal from my indicator. TP 1.0785 SL 1.0941 - Please wait for daily close.
Dax40 continuation of the downtrend. A slight correction and continued declines.
DAX40 H4 Same thing applies here for DAX, you can see clearly how high we are trading from the D1 timeframe, analysis scaled into the H4 however. Alerts adjusted slightly for that 16005 sell zone price now. Really hoping to catch something right down towards 15740. Patience pays. US100 no doubt looking more attractive, but more susceptible to US figures manipulation.
I laid everything on the charts refer to it and you'll find yourselves in a good swing entry, be patient and yoou'll find your rhythm, it all depends on price action.
Following weekly chart. I got a short signal from my indicator. TP 14675 SL 15269 - Plese wait for daily close.
Bearish flag and a turnaround yesterday right on the fib 50 level. Now it's trading around 14300 and the price tested the fib 38.2 level. I think it will break the flag in the next one or two hours and afterwards move towards the Thursday lows. A break through the support at 14190 will give the price more downside momentum. My first target is the fib 100%...
GER40 - Intraday - We look to Sell a break of 14239 (stop at 14331) Short term bias has turned negative. The trend of higher intraday lows has also been broken. Our outlook is bearish. We look for losses to be extended today. A break of yesterdays low would confirm bearish momentum. 20 1day EMA is at 14240. Our profit targets will be 14012 and 13962...
GER40 - Intraday - We look to Sell a break of 14319 (stop at 14401) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Posted a Treble Top formation. A bearish Head and Shoulders is forming. A break of yesterdays low would confirm bearish momentum. Bearish engulfing has been posted on last candle. Our profit...
GER40 - Intraday - We look to Sell at 14549 (stop at 14631) We are trading at overbought extremes. Posted a Treble Top formation. Rallies should be capped by yesterday's high. We look for a temporary move higher. Bearish divergence is expected to cap gains. Our profit targets will be 14346 and 14306 Resistance: 14500 / 14550 / 14583 Support: 14440 / 14380...
GER40 - Intraday - We look to Sell at 14439 (stop at 14521) We are trading at overbought extremes. Bearish divergence is expected to cap gains. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We look for a temporary move higher. The bearish engulfing candle on the 4 hour chart is negative for sentiment....
GER40 - Intraday - We look to Sell a break of 14119 (stop at 14226) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Spikes (rejections) can be seen in both directions highlighting indecision. We are trading at overbought extremes. A higher correction is expected. A break of the recent low at 14123 should...
The DAX entered a technical bull market on Tuesday by closing just over 20% higher from its September low. I have lost count the amount of times I have seen a market pull back from the 20% threshold (which is based on no logic that I can see, other than being a nice round number) – so that is just the first clue that the DAX could pull back further. But we also...
dax sell setup - downtrend htf - supplyzone sell - distribution ltf , wait for new lows
After a strong rally GER40 is trading back to the daily resistence and also the fib level.
Today we are trading the DAX 40 (DE40) in the 15-minute time frame. We are using the strategy that I have titled “1 2 3 Break-out Strategy” In previous videos and posts, I have explained exactly what to look for regarding the criteria and the setups that need to be in play for us to determine the correct entry, stop loss and take profit targets. I have also...