In our previous analysis about the German stock index DAX we have mentioned that the market may wait for a large head and shoulders pattern. The resistance where the left and right shoulders seem to be located near the same level. The neckline could be set by the previous lows at 12313. However, looking at the lower time frame we could spot another potential head...
The DAX (GER30) is in a troubled zone of congestion and seemingly fighting to stay afloat. Don't expect it to just roll over swiftly - though anything is possible. We're looking at a sharp rejection of the 2H ATR line. This analysis does not apply to any other time frame. But taking a steer from the 2H, there is money to be made (and lost) on much smaller...
- Price rejecting from trend resistance - Rejection point has confluence with 78.6$ Fib retracement - Shorting from below current candles to re-test of support below - Trade 3X RR
This is just for practice on supply and demand trend trading plus one indicator for confirmation, 50 EMA for identifying trend on D1 timeframe and stochastic RSI for confirming entries along side Japanese candlesticks. This post is my bias for coming week. I will be looking for longs only on Nass100!
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...
The German stock exchange index DAX has been creating a potential head and shoulders pattern on the daily chart. After the spring and summer rally, the market has been consolidating and creating a potential distribution in the area of the bearish gap from February. The whole movement looks like a possible head and shoulders pattern where the left and right...
- DAX STRUGGLING TO STAY ABOVE WATER - LOOK FOR OP'S TO SELL DAX - TARGETS 12.6, 12.4, 12.2
Hi traders, Keep your eyes on lower time frame for your short term sell setups then we will be anticipating a nice wave to the upside to make a new high.
- REJECTED FROM TRENDLINE - REJECTED FROM SUPPLY - REJECTED FROM PITCHFORK UH MEDIAN - SELL SHORT BELOW CURRNET 4H CANDLE CLOSE - TARGET -5% (SUPPORT) - POTENTIAL 2ND TARGET A 1.272 FIB EXT. (NOT MARKED)
We are definitely in a bull market! For this week , I expect price to push up to the July high of 13283.70. These are some possible routes it will take to get there: Scenario 1 -Red arrow Price shoots up in the early hours of Monday, reaching the August high level of 13103 . Finding resistance ,it will bounce down to the 1300 level which is a significant...
head & shoulder pattern on Daily chart! it should reach during oct. 13160-132k than flush-down from there until dec and further. Pls consider your own risk and levels. good luck.
Pattern: Channel Up. Signal: Buy as the price is forming a Bullish Flag , which has been a bullish break-out signal in the past 2 occurrences within the Channel. Target: 13150 (short-term) and 13500 (long-term which is the -0.5 Fib extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
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?
A bull flag is a continuation pattern idea, Pls consider your own risk.
GER30 - Looking good for a selling opportunity , My approach will be a short selling position close to 12770 Maintain stop loss around 12840 Potential downside target 12670 - 12545 Follow the levels as mentioned. Traders, if you liked this idea hit the like button & write in the comment section. Why you should follow this tradingview account ? Managed by...
Hy Dear Team, hope you are are enjoying Good Profit By following Our Ideas and Prediction. If you have any query Ask in. Comment section. Now today we are Going to Discuss about US30. US30 Has Completed Retesting. Now it has maximum Chances that it will Go down to the Price level 25000. It will Take few days but it has Maximum Chances that it will target this...
When GER30 Breaks resistance trendline we can look for a long position