Hello to all watching my charts, Here my view of the German DAX Still Long but Long in Risk , cause Support Line RED Must hold at the end of 30 MIN Turns. Watch out. Good trades. If you want to support my work, please like them My analyes here are all NOT a request to buy or sell seomething. Allways do you own research. Renkotrade
I expect the bullish trend to start for Dax, but as I drew by using fibonacci circles, we are in the downtrend right now, and the bottom of this channel will support the area I show with the green box, our target will be 13297 when the resistance zone that I marked with the red box is broken. Please support by liking and do your own ideas as a comment
We are in a very important point that can reverse the market, Please share with me your thoughts, kind regards,
1. short --> 2. long One low left and than a closing above 13.000?
THe question is, which move next. For me more propably is break down, but still need to wait of comfir.
1.618 is reached and starting signal of wave 3 of wave 5 came in. Entry 12.570 SL below today's low of 12,485. RRR better than 3 to 1. Greetings from Hannover Stefan Bode
Please support my work by clicking the LIKE button(If you liked).Thank you! Possible upward move on Dax. 13000 and higher is very possible. If trade will go in your way hold it.
Back from my two-day training seminar (trading/investing) and a big applause to the eager participants. It was a lot of fun again, even if it was certainly a lot of input for you and the heads smoked. You are perfect and you will rock the show in the next months and years. But now - Mr. Dax. There are signs of a possible trend reversal and I want to be prepared...
DAX index is making a nice correction pattern. It is near completition and a new move higher.
Hello guys, today I was watching EUREX:FDAX1! during the day and I was able to find few opportunities to trade. So far the market has not been trending much, but US session just started so we will see what it brings. John FINEIGHT Team
Will there be another 300 point run or is the upward-movement already tiring?
Hello everyone, today I would like to point out this situation on EUREX:FDAX1! and the fact that we are breaking the triple top from previous weeks. We could see on the chart that buyers were trying to push the price higher and eventually they did. The next resistance I can see is around 11 876 EUR so we have some space for uptrend in following days. The most...
Dax broke through 200 MA, now reversed into support. Possible buy targeting recent high of 10916. Stops below 10657 (200 Day MA). Caution advised as Slow Stochastic showing we're overbought.