DAX is approaching our first resistance at 11778.68 (Horizontal pullback resistance, 50% fibonacci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 10989.90 (horizontal pullback support, 61.8% fibonacci extension, 50% fibonacci retracement). Stochastic (21,5,3) is also approaching...
Key levels to look out for, please refer to our 4 hour chart for a strategic view!
DAX is approaching our first resistance at 11574.22(horizontal swing high resistance, 61.8% Fibonacci extension , 50%Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 11087.34(38.2% Fibonacci retracement , Horizontal swing low support) Stochastic (55,5,3) is also approaching resistance where we...
DAX is approaching our first resistance at 11574.22(horizontal swing high resistance, 61.8% Fibonacci extension , 50%Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 11087.34(38.2% Fibonacci retracement , Horizontal swing low support) Stochastic (55,5,3) is also approaching resistance where we...
DAX has broken above February 6, 2019 high (11371.74) and shows a bullish sequence from December 28, 2018 low (10279.20). On the chart below, we put a bullish sequence stamp and right side higher to indicate the direction that we prefer to trade. The correction to 10867.9 low ended wave ((X)) as an Expanded Flat Elliott Wave. A Flat is a 3-3-5 structure with ABC...
DAX bounced off our first support at 11008 ( Inverse head and shoulder neckline support, 23.6% fibonacci retracement ) where a further rise might occur pushing price up to our major resistance at 11757.29 (50% Fibonacci retracement , 100% Fibonacci extension, Inverse head and shoulder porfit potential ). Ichimoku Cloud shows bullish trend where we might see a...
Our signal for the DAX is BUY, we are believe the resistance will fall soon! and the Dax will continue a short UP trend and will follow the American indexes!
DAX is approaching our first resistance at 11778.68 (horizontal pulllback resistance, 50% Fibonacci retracement, 100% Fiboancci extension) where a strong drop might occur below this level pushing price down to our major support at 10989.90 (Horizontal overlap resistance, 50% Fiboancci retracement, 61.8% Fibonacci extension). Stochastic (21,5,3) is also...
DAX is approaching our first resistance at 11036.41 (Horizontal overlap resistance, 23.6% Fiboancci retracement, 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 10181.14 (61.8% fiboancci extension, horizontal swing low support, 78.6% fibonacci retracement ). Stochastic (21,5,3) is also...
Key levels to look out for, please refer to our 4 hour chart for a strategic view!
DAX is approaching our first resistance at 11036.41 (Horizontal overlap resistance, 23.6% Fiboancci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 10181.14 (61.8% fiboancci extension, horizontal swing low support, 78.6% fibonacci retracement). Stochastic (21,5,3) is also...
Key level to look out for when analysing DAX, please refer to our 4 hour chart for a strategic view!
DAX is approaching our first support at 10181.14 (horizontal swing low support, 61.8% fibonacci extension, 78.6% fibonacci retracment) where a strong bounce might occur above this level pushing price up to our major resistance at 10990.66 (horizontal overlap resistance, 23.6% fibonacci retracement, 61.8% fibonacci extension). Stochastic (89,5,3) is also...
Key levels to look out for when analysing DAX, please refer to our 4 hour chart for a strategic view!
I take a long due to this chart. downtrend is getting weaker and it could be logic that it is testing the trendline again. I'll update this chart on a lower timeframe to enter a short position when it is at the trendline.
Although DAX is on it's path, this last move this week could mark the end. Watch the bar...scare everybody. At support. Back to the breakout (pink marker) Let's see what's going on the next weeks. P!
DAX is approaching our first resistance at 11867 (61.8%, 100% fibonacci extension, 38.2% fibonacci retracement, horizontal overlap resistance) where a strong drop might occur pushing price down to our major support at 11066 (Horizontal swing low support, 100% fibonacci extension). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding...