We don’t know what has startled DAX so much that it has jumped upwards and has come quite close to the mark at 12425 points again – maybe, someone tested its startle reflexes… However, the index is already back on track and should continue to move downwards into the pink zone between 11421 and 11060 points to finish wave III in pink, which it could also do in the...
Looks like DAX has the hiccups, the way it is hopping about nervously. We don’t know what has affected its stomach – maybe it is the fact that the index is still indecisive about wave (2) in white. Apparently, it has not yet determined whether it has already completed wave (2) in white or wants to finish it a bit lower still, before resuming the overarching...
Here is my view for DAX on H1. 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!
DAX should draw a deep breath because it has quite the way downwards coming up. We expect the index to head for the support at 12425 points, crossing it to dive into the green zone between 12140 and 11150 points, where it should finish wave 2 in green. Afterwards, DAX should take off again, climbing not only back above 12425 points but also above the resistance at...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The DAX index has lost 0.32% after the close on Monday, The market is having a hard time breaking out of the resistance zone from 16024.90 to 16114.41, as we see on the...
Pattern: Channel Up on 4H. Signal: Buy as the RSI hit and rebounded on the 39.50 Support level, which has always delivered a bounce. Target: 13400 (Below the Higher Low trend-line). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal...
FDAX1! - Forecast - 19/08/2020 SHORT FDAX1! ENTRY LEVEL 1 @ 12860 SL @ 12956 TP @ 12560 RR3.12 Risk 1% ENTRY LEVEL 2 @ 12882 SL @ 12956 TP @ 12560 RR4.35 Risk 0.5% ENTRY LEVEL 3 @ 12925 SL @ 12956 TP @ 12560 RR11.77 Risk 0.5%
SHORT FDAX1! ENTRY LEVEL 1 @ 12923 SL @ 12990 TP @ 12550 RR5.56 Risk 0.5% ENTRY LEVEL 2 @ 12948 SL @ 12990 TP @ 12550 RR9.47 Risk 0.5% ENTRY LEVEL 3 @ 12964 SL @ 12990 TP @ 12550 RR15.92 Risk 0.5%
DAX has been trading within a wide Rising Wedge but since the July 31st low, the index has entered into a smaller Channel Up on the 4H chart (RSI = 53.592, MACD = 30.100, ADX = 25.048). As long as the 4H MA50 supports, the pattern resembles the July Channel Up that topped on the 13,300 High. We are expecting a typucal +4.70% leg towards 13,300 - 13,400 which is...
in 15 min fdax or FXCM:GER30(full night data need) , when AC240min is green ,,only look for buy ok?never sell when AC30min goes red (down) ,put buystop on last high (when ac30 goes down,full red ,befor turn green you can put buy stop on 15 min candel high) sl=last low tp=3* sl or next daily piviot point trail stop=40point dont judge soon , try it 1...
Hello , everyone, Remember to choose a trade size that fits your budget and doesn’t over-leverage your account. Markets can be unpredictable so ensuring you protect against excessive losses is important to your long-term success. If you would like to take advantage of this idea make sure to let us know about your progress in a comment. ATTENTION : The content...
Pattern: Rising Wedge on 1D. Signal: Bearish if the next opening is below the 4H MA50. Otherwise the signal is invalid. Target: 13360 (right above the 4H MA200).
The index has made a marginal All Time High today but the 1D RSI remains on a bearish divergence (RSI = 59.286, MACD = 52.400, ADX = 20.325) within the 1W Channel Up. This pattern resembles the May- July 2019 top sequence which ended with a strong decline towards the 1D MA200 (orange line). If the 1D MA50 (blue line) is crossed again, we are expecting this time...
DAX is on a strong correction (short term for the time being) with the 4H Channel Down (RSI = 38.828, MACD = -65.800, Highs/Lows = -254.2571) approaching the 12,945 - 12,885 1D Support Zone. On the short term our 13,100 Target on the previous sell call has been hit: Right now we are focusing on where the Support levels are on this strong correction, and where...
Pattern: Inverse Head and Shoulders on 4H within a 1D Channel Down. Signal: Bullish if the Lower High trend line breaks (green bold line) and as long as the Support Zone indicated holds. Target: 12300 (the 1D Resistance).
Pattern: Channel Up on 1D. Signal: Long as it approaches a Higher Low. Target: 11250, the last high and current resistance.