OANDA:DE30EUR As usual use a tight SL if you want to adapt my idea. Market is gonna retest the breakout area. That your snipper right there. Happy Pips, PPPDirhams
The German benchmark index is currently flirting with a possible continuation of the primary upward trend. However, in view of the negative seasonality and cyclicality from August onwards, the trees should not grow into the sky. The DAX has not yet been able to make a decision about the direction in which it will leave the established trading range of several...
Analysis and price targets for the FDAX - view in the H1 chart After a range between 15,433 / 15,696 points lasting several days, the FDAX recorded a stronger setback of 2.6 percent last Friday. The tested support level between 15.269 / 15.310 (lower green zone) was successfully defended, after which there was a V-reversal up to the significant resistance area...
Technical analysis of the DAX index - viewed in the D1 chart The DAX was able to defend its upward trend above the 50-day line despite a more volatile pace in the past trading days. It is still within walking distance of the record high of 15,803 points. A decision as to whether the index remains true to its seasonal pattern and can mark a new high in a timely...
Technical analysis of the DAX index - viewed in the D1 chart The German benchmark index DAX seems to want to end its consolidation phase and in this context only recently turned up again in the support area of 15,450 to 15,500 points. US labor market data (NFP) are back on the agenda for Friday. These could provide further boost towards a new all-time high....
Current analysis of the DAX index - viewed in the H4 chart The DAX shows an intact medium and long-term upward trend. The last time it reached a record high of 15,803 points was on June 14th. The setback that has been ongoing since then led to the successful test of the rising 50-day line on Monday and the formation of an intraday correction low at 15,309...
Called before second candle formed, I guess I'm moving too slow! Haha.
(Sell condition) if the price break triangle will start for down to get all targets (Buy Condition) if the candle stabilize above the resistance line will continue to record a new price of about 16300 ---------------- my last idea about GER30 :
DE30 - Will we see further decline? Technical aspects: Pattern: Wedge / Bear flag Support: 15227, 15177, 15127 Resistance: 15333, 15370, 15415 I've been short since early this morning, taken 70% profits off - I will be eyeing the price action throughout the days ahead. Could wait for the break out and trade the pull back (retest) then trade the direction...
Our updated chart on Dax shows the price is finding major all time resistance and very possible to pull back from it's recent all time highs. At this stage we are going Short on Dax30 the FXPROFESSOR
Since the beginning of the year, the German Index consolidated above its previous ATH. At this point, it seems like a correction is just around the corner and Dax can take a dive to 12500 Selling rallies in this anticipation can have a great R:R
2-Stabilize under 13960 will get target 13870 and under 13870 will get 13735 2-stabilize above 13970 will get 14090 and 14150 ——— My last idea about Dax on 16feb:
Short analysis on the DAX in the context of the cyclical calculation On further rising prices is to be counted on the German leading index only with very much imagination. On the contrary! According to our calculations, a price decline of several weeks must necessarily be included. We strongly advise against any long positions in the current environment. We see...
on 4H and 1D 1: stabilize above 13960 will get target (blue line) 2: Stabilize under 13940 will get target (red line)
On 4H Direction case: 1: stablize above 13960 will get target (blue line) 2: Stablize under 13940 will get target (red line)