This is a trade idea for GER30 and for educational purposes only. Past performance doesn't guarantee future results.
GER30 - Intraday - We look to Sell at 15336 (stop at 15381) Pivot resistance is at 15350. Bespoke resistance is located at 15330. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Preferred trade is to sell into rallies. Our profit targets will be 15204 and 15154 Resistance: 15300 / 15330 / 15370 Support:...
I would ideally like the price to come down and wipe out some of the minor higher lows created before bouncing from the order blocks to the previous high.
GER30 - Intraday - We look to Buy at 15123 (stop at 15074) Daily signals are bullish. We look to buy dips. Following yesterday's bullish candle, the overall trend higher looks set to continue today. We look for a temporary move lower. Our profit targets will be 15269 and 15299 Resistance: 15200 / 15250 / 15300 Support: 15150 / 15120 / 15090
GER30 - Intraday - We look to Buy a break of 15222 (stop at 15179) Daily signals are bullish. A break of 15220 is needed to confirm follow through bullish momentum. Pivot support is at 15085. Dips continue to attract buyers. Our profit targets will be 15339 and 15369 Resistance: 15200 / 15250 / 15300 Support: 15120 / 15085 / 15000
Hello traders and investors! Today we will talk about very nice and clean Elliott Wave pattern on German DAX, where we can see a clear impulse in progress. We are tracking an impulsive five-wave cycle from 13300 lows nicely connected within channel range. And, after recent (A)-(B)-(C) corrective decline in wave 4, seems like DAX can be on the way even higher for...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...
DE30 is currently in a Minuette-v correction. After a bearish impulse move price got rejected within 61.8% fibo retracement which is also a minor resistance. Price is again headed towards that zone and I'll be waiting for a convincing impulse back down. Since it is Minuette-v correction, I will keep my target below Minuette-iv If this setup doesn't present itself...
GER30 - Intraday - We look to Buy at 15281 (stop at 15239) Daily signals are bullish. Our short term bias remains positive. The trend of higher lows is located at 15280. Dips continue to attract buyers. We look to buy dips. Our profit targets will be 15396 and 15436 Resistance: 15350 / 15375 / 15400 Support: 15330 / 15300 / 15250
GER30 - Intraday - We look to Buy at 15181 (stop at 15129) Daily signals are bullish. We look to buy dips. Pivot support is at 15176. The previous swing low is located at 15160. 20 1day EMA is at 15157. Our profit targets will be 15323 and 15363 Resistance: 15300 / 15350 / 15375 Support: 15280 / 15250 / 15200
GER30 - Intraday - We look to Buy at 15366 (stop at 15319) Daily signals are bullish. Previous resistance, now becomes support at 15375. Pivot support is at 15375. 20 4hour EMA is at 15366. We look to buy dips. We can see no technical reason for a change of trend. Our profit targets will be 15498 and 15548 Resistance: 15450 / 15500 / 15550 Support:...
GER30 - Intraday - We look to Buy at 15101 (stop at 15033) Daily signals are bullish. We can see no technical reason for a change of trend. A lower correction is expected. We look to buy dips. 50 4hour EMA is at 15090. Support is located at 15100 and should stem dips to this area. Our profit targets will be 15284 and 15348 Resistance: 15280 / 15375 /...
GER30 - Intraday - We look to Buy a break of 15282 (stop at 15214) Daily signals are bullish. Broken out of the wedge formation to the upside. A break of bespoke resistance at 15260, and the move higher is already underway. We look for gains to be extended today. We can see no technical reason for a change of trend. Our profit targets will be 15478 and...
GER30 - Intraday - We look to Buy a break of 15303 (stop at 15232) Daily signals are bullish. We can see no technical reason for a change of trend. Broken out of the wedge formation to the upside. We look for gains to be extended today. A break of bespoke resistance at 15300, and the move higher is already underway. Our profit targets will be 15496 and...
I see a sell to fill the gap below, the DAX has seen all time-highs going into this week and although it has the potential to continue up to 15500 at some point I believe a retracement is its next major move.