DAX is showing excellent bearish signs on the 1H and 4H charts, the only problem is the major support of the 1D chart.
As an overall with commodities increasing heavy yesterday we believe that inflation will start to tick up again which could cause issues to indices such as the DAX and DJ30.
Yesterday we had a strong sell-off on the DAX around the London open,...
GER30 - Intraday - We look to Buy at 15812 (stop at 15758)
Previous resistance, now becomes support at 15800.
Dips continue to attract buyers.
We look to buy dips.
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 15969 and 15989
Resistance: 15970 / 16000 / 16030
Support: 15900 /...
DE30 - Intraday - We look to Sell at 15805 (stop at 15861)
Pivot resistance is at 15815.
Pivot resistance is at 15806.
Short term bias has turned negative.
Preferred trade is to sell into rallies.
Our profit targets will be 15654 and 15634
Resistance: 15770 / 15800 / 15815
Support: 15700 / 15650 / 15600
After saying goodbye to dax today probably due to the news it seem a recovery is in the making, at least till 15800 in my opinion. Rsi went doooooown
good luck everyone
dax must fill gap (on cash xetra dax) in 15600 soon or late
we have sell signal now with sl on high tp=15600 trailstop=80 point
alert=dax upper target is 16300
GER30 - Intraday - We look to Buy at 15801 (stop at 15748)
Previous resistance, now becomes support at 15800.
20 4hour EMA is at 15785.
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Price action resulted in a new all-time high at 16030.
Our profit targets will be 15947 and 15967
Resistance: 15900 /...
AC 4hour is red ,this mean downtrend will comes
china news comes very bad and will pressure dax to down (secret=when china news comes bad , dax same day will go down(down trend),,,, so china news are important on dax)
www.forexfactory.com
buylimit near fibo 61% and gap in 15580 (gap on cash xetra dax) is good idea with sl=15480 trailstop=40point (after...
Dax os currently on the top of the channel. Overbought um ichimoku parameters and Also on the stoch RSI.
Selling até market value to 15300-15400
Cheers!
Hello there traders!
As always we provide you with analysis on tradingview.
Currently we are looking at the GER30 where we had a nice impuls and corrective move.
Structure tested supply zone and created a reversed H&S .
Bullish pressure pushes the market up and after the retest of the right shoulder we should see GER30 take its flight to the moon.
We also have...
GER30 - Intraday - We look to Sell at 15798 (stop at 15852)
We are trading at overbought extremes.
Pivot resistance is at 15803.
The previous swing high is located at 15806.
Preferred trade is to sell into rallies.
Our profit targets will be 15642 and 15622
Resistance: 15750 / 15800 / 15815
Support: 15700 / 15650 / 15600
in cash xetra dax we have 2 open gap , old 15800 and new gap in down15560
put sellstop under trend (AC 240min is red too) with sl=today high
put sellimit on 15800 gap too with sl on high near 15850 trailstop=40
buylimit in downer gap 15570 sl=15470 trailstop=40 tp=16000
good luck , use very low size (10.000$ balance max 0.1 lot)
all trader watching chart when dax will touch 16000
note: AC (or stoch 7.4.4) on 4hour chart turn red now ,if dax can break today high 15710 ,can turn AC to green again(mean new + trend start)
strongly advice stand on buy side(sl=low) above 15500, dont pick sell , green arrow powerful buylimit place sl=40 trailstop=40
www.tradingview.com
for germany and...
gray line= our prediction (not for trade)
you can see AC (or stochastic ) 4hour is green ,this mean buyer and + up trend can comes
best powerful order is buystop with sl= low trailstop=40 tp1 =15800 tp2=16000
advice= stil we advice stand on buy side in 2021-2022 , looking buy in deep and hold 7-8 day to new high but with sl=last clear low (or same day low)
we...
DAX finally approaced a level and formed a decent pullback on its short-term charts which gives us reasons to go long.
Specifically price has hit the 38.2% of the recent high/low play of the current price moves, which is a trigger for buy for our "pullback trading system".
In about 2 and a half hours we get the important PCE data from the US, which measures...
GER30 - Intraday - We look to Buy at 15474 (stop at 15425)
Daily signals are bullish.
Dips continue to attract buyers.
We look to buy dips.
Pivot support is at 15470.
We have a Gap open at Monday from 15543 to 15605.
Our profit targets will be 15618 and 15638
Resistance: 15650 / 15700 / 15730
Support: 15600 / 15550 / 15500
