DAX40 H4 We have started to form a short term range between 18200 price and 17900 price. Recent retest wick on the H4 to see resistance hold. We are yet to touch 17900 during such recent trade, but that's what we have our eyes on and alerts set for. Waiting patiently. Additionally, we are going to set alerts for 18200 also, in the case we top out resistance...
H4 - Bearish trend pattern Currently it looks like a pullback is happening Until the strong resistance zone holds my short term view remains bearish here.
161 ABOVE 170 CAN TEST breakout completed miss entry if retest try long
Hello, traders here is a setup of GER30 as you can see the price has been bullish for the past weeks now and it has created a bearish flag pattern that signals price reversal. As you can see the price has been respecting the trendlines of the bearish flag pattern and now the price has shown a strong rejection on the upper trendline so for me I will wait for the...
GER40 - 24h expiry Expect trading to remain mixed and volatile. Price action continues to trade around significant highs. The bullish engulfing candle on the 4 hour chart the positive for sentiment. Support is located at 18420 and should stem dips to this area. Dip buying offers good risk/reward. We look to Buy at 18425 (stop at 18325) 2,5RR Our profit...
The DAX (GER30) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 18,855.31 which is a swing-high resistance. Stop loss is at 18,960.0 which is a level that sits above the 161.8% Fibonacci extension level and the all-time high. Take profit is at 18,595.85 which is an overlap support. High...
GER40 - 24h expiry The primary trend remains bullish. Price action continues to trade around significant highs. Prices have reacted from 18381. Previous support located at 18550. Preferred trade is to buy on dips. Our outlook is bullish. We look to Buy at 18520 (stop at 18420) Our profit targets will be 18770 and 18850 Resistance: 18670 / 18750 /...
Price has been bullish majority of 2024. Posted my initial buy idea in "GER30 W BUY IDEA 2/2/24" post. Looking for the Daily to have a correction before continuing bullish. **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
My Dear Robbers / Traders, This is our master plan to Heist GERMANY 30/40 Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, Market is overbought / Consolidation / Trend Reversal at the level Bearish...
Consumer price pressures in Germany accelerated in April to 2.4% y/y, which marked the first uptick since December. Eurozone inflation meanwhile persisted at the same level (May preliminary due on Friday), while wages in the region increased in the first quarter. This has created some worries around the disinflation process and the central bank’s prospects for...
The DAX (GER30) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 18,923.54 which is a pullback resistance at the all-time high. Stop loss is at 19,050.00 which is a level that sits above the 127.2% Fibonacci extension. Take profit is at 18,671.33 which is an overlap support. High Risk...
GER40 - 24h expiry Price action continues to trade around the all-time highs. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. A Doji style candle has been posted from the base. Preferred trade is to buy on dips. Our outlook is bullish. We look to Buy at 18655 (stop at 18555) Our...
Stocks remain in risk-on mode after Nvidia's beats earnings expecations, so it’s not surprising to see DAX also turning up. Index has stabilized at the first support area between 18,620 and 18,560 from where we can see the price attempting to break out of what can also be referred to as a bullish flag, therefore, the market will at some point resume higher into a...
The DAX (GER30) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 18,671.33 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 18,450.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit...
DAX (GER30) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 18,737.91 which is a pullback support. Stop loss is at 18,600.00 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 18,992.91 which is a level that aligns with the 127.2%...
According To R level According To Fibo Retracment According To Fibo Extenssion
The DAX (GER30) could fall towards a pullback support and potentially bounce off this level to climb higher to extend the bullish momentum. Buy entry is at 18,486.50 which is a pullback support. Stop loss is at 18,400.00 which is a level that lies underneath a pullback support. Take profit is at 18,711.28 which is a resistance that aligns with the 100.0%...
DAX40 H4 Something new added to the watchlist here as we see DAX40 index fund trading around ATH price. This ATH price also ties in nicely with our 18500 psychological price. A good area of confluence. We have also extended in excess of 600 points to the upside, without any real corrective play. Eyes peeled for some price action exhaustion around this price.