DAX has ben doing superbly and remains bullish at this moment. ASt the same time it is approaching major resistance as shown on our updated chart.
OANDA:DE30EUR DE30EUR 2021 Jan 25 Week Green/Red = Preferred entry Look for entry opportunities in lower timeframe A = Reversal B = No result from effort We may see some weakness. Immediate Resistance = 13928 Immediate Support = 13843.6 Resistance3 = 14138 Resistance2 = 14044 Resistance1 = 13968 Support1 = 13742 - 13761 Support2 = 13675 - 13696 Support3...
Hey tradomaniacs, I smell fake-moves in the Forexmarket... US-DOLLAR retraced very well while the stockmarket moved up! By the way: DAX (GER30) is giving is a great opportunity here 👉 US-DOLLAR should drop if Indicies continue to be that strong❗️ Since prices vary from broker to broker I make no detailed call here. ;-) LEAVE A LIKE AND A COMMENT -...
With all vaccine turbulences (how many doses can each country get, bureaucracy and so on) and covid19 cases going up in Germany (lockdown already updated until January 31), could we expect the formation of a H&S pattern by the end of next week? Also, Deutsche Bank is insanely overvalued at 9.530€.
OANDA:DE30EUR DE30EUR 2021 Jan 06 Midweek Update Could this wide spread down bar on ultra high volume be accumulation? Keep your eyes on 13681. It is back into a previous supply zone, circled, so I'll be cautious at the moment. If price goes below 13533 then we would likely see a change in trend. 13681 : if it holds, then we can see a test of the...
this is a short as in it really near all time high and soon going to break because of global reasoner that are going in the upcoming time. in a bigger picture it is following a very high push upwards so might as well go for another high records but it closely follows Dow. the new York exchange and hence can be highly volatile due to the pandemic . overall many...
There is no secret that we all have good and BAD trades. Dax was my BAD trade last month.. Tried to get it once, tried to get it twice, it was just not listening to me. So what do we do in these cases? What is the secret to surviving in the markets? Well the answer to both questions is ' FORGET ABOUT THAT ASSET FOR A WHILE' and trade something else. Pick an...
As with all indices, since US election, Dax had a good run-up of 2000 point or almost 20%. Now the index looks like running out of fuel and a drop to 12500 is possible. I don't rule out a spike up towards 14k, but this in my opinion will be short-lived and can be used as a good entry point for sellers
Find our updated chart with key level prices
Our chart is self-explanatory. We expect a drop
DAX is floating in the horizontal trend range, although there are bearish divergences, we can look at the chart for an uptrend if the price of 13.245 is crossed with a voluminous candlestick. With the downward break of 12.960, the first target will be 12.710.
Dax is trading inside a rising channel will look for short opportunity on retest of upper boundary of channel.
Doji candlestick formed on the resistance level meaning the sellers has taken over the market and pushing it to the support level 1 or 2
That would be my idea for this week in DAX30. RRR: 5.69 to 1 Entry 13,240 Target: 13,830 SL: 13,135
DAX30 did check the resistance and shows signs of a possible drop. Take a look at our 2-hour candles chart, with key price levels
Dax to 20.000 points #dax #dax30 #grxeur #tradingview Real economy? What is that? National debt? Nobody is interested! Tax losses? ECB helps out! Basic Law? Is restricted! Who Care's? pension system? We live in the here and now! Pension scheme? Shares are devil's stuff, buy government bonds & insurance! Proportionality of measures? Where no prosecutor, there is...