DAX / GER30 : The "Main Trend Is Always Up" Game is coming to an end... Even though it may seem that DAX futures could recover somewhat from the losses of the today's core trading session, it is important to keep in mind how the 3 and 4 hour trends are developing in the meantime. Have you been following the German and European news in the last few days? They say...
GER30 - Intraday - We look to Buy at 13027 (stop at 12946) The RSI is trending higher. Trend line support is located at 13030. We look for gains to be extended today. 20-hour EMA is at 13050. A lower correction was expected. Our profit targets will be 13264 and 13318 Resistance: 13160 / 13220 / 13300 Support: 13130 / 13070 / 13000 Signal Centre
Dax had a very powerfull day and find it self again at the resistence zone Sell for a short down the train
German DAX 30: Which three humps will it be? If you look at the past months, you can always see the three upward humps on the 3h chart of the DAX (look for the blue MA48 line on the chart): 1-3-5, 1-3-5, ... Well, I wonder which three humps will be in the next few weeks?
Hello everyone Dax has broken the uptrend channel in SEP and now price found support on the blue trend line support and went back to retest the uptrend broken channel we could chop in this area However any daily close below blue trend line we are heading below Watch the Demand zone below strong zone for any question feel free to ask :)
DAX 30 Index bulls for the most part have been very resilient through September's massive global index pullback. With the creation of this wedge, we gotta anticipate a buy on the breakout!
We have no reason to talk about sales now. The global trend is bullish Highs and Lows are higher every time. I see the opportunity to buy above the Key level if the price will approach to it fast. The false breakout is the best pattern to open the position. Dear followers, the best "Thank you" will be your likes and comments! Before to trade my ideas make your...
Buyers of a V shaped recovery constitute a formidable opponent; the purpose of the bounce was not to recover but only to re-balance and rightly so. Of course, retail have another account and while the 11700 highs are holding continue to load thinking everything is roses and business as usual... You see, a sound position has at least 5 waves in the impulse and a...
Long-term development of the Germany 30 DAX compared to the US S&P 500 (in EUR).
DAX is at an interesting level. Now price moves along the uptrend line, tried to break it but could not close below. Stuck between 50 and 200 SMA's showing consolidation. 1st trade is to wait for the break of 50SMA and the high of 13129 to buy and target higher levels. 2st trade is to wait for the break and close below the support zone and 200SMA to sell. The...
DAX30, remember there is news today. Still one more area for major liquidity before the take off. Buy Limit @ 12874, Stop Loss @ 12700 Targets would be two for the most part, second one likely a swing Targets 13250 and 13500
After the whole cycle of waves has been completed, it seems that wave 5 is now over. This will result in a short opportunity for Dax
Price retesting broken channel. With a bullish move higher, expecting price to go up to next target levels. So far, fundamental are looking bullish too. In the contrarian side, if negative news strike, then we can see another bounce off the trend line and look for potential reverse patterns on 30 min charts. Please support the idea and share your thoughts on...
Forgot to publish this after the video. I believe the corrective structure (ABC) is complete and now we can start to look for sell setups.