Nice zone for sell in my opinion.
We should go down before, check my last analysis, but some institution changed narration, anomaly:)))
regards if you read that
It looks like Ger40 might be forming an inverted Head & Shoulders pattern on the weekly chart, which could potentially indicate a rise in price.
The resistance Trendline was recently broken and retested, and we're now waiting for the neckline to be broken to gain momentum towards the upside.
It's important to keep in mind that we'll want to see the candle close...
DAX hit today the bottom of the short term Channel Up. This is inside a larger Channel Up pattern that started during last year's market bottom.
As long as it holds, especially the 1day MA100, buy and target 16600 on a +6.34% repetition of the first short term Channel Up rally.
If the price closes under the 1day MA100, sell and target the bottom of the long term...
DAX has turned neutral after the 16340 top and the subsequent test of the MA50 (1d).
As long as those two levels hold, it will remain sideways with no action to take.
The long term pattern is a double Channel Up.
Trading Plan:
1. Buy if the price closes over Resistance (1).
2. Sell if the price closes under the MA50 (1d).
Targets:
1. 16750 (top of Channel...
DAX has almost hit today the 1D MA50 (last time it had contact was March 29th) and reacted with a rebound. The 1D technicals are neutral (RSI = 45.355, MACD = 76.400, ADX = 25.34&) indicating that this is a first Support level but if we close a 1D candle under it, can drop more until they turn red.
Consequently, as long as the 1D MA50 holds, we will keep our...
GER40 - 24h expiry
Daily signals are bullish.
We are trading at overbought extremes.
Short-term momentum is bearish.
A lower correction is expected.
The 1-day moving average should provide support at 15980.
The sequence for trading is higher highs and lows.
We look to Buy at 15981 (stop at 15896)
Our profit targets will be 16191 and 16241
Resistance:...
After an eventful week for the NAS100, US500, JPN225, GER40 and the USD, traders should be open-minded for further twists in the market script this week.
At one stage last week better-than-feared US data and some modestly hawkish Fed chatter saw US interest rate futures price a 40% chance of a hike at the June FOMC meeting - the USD naturally benefited from this...
DAX had an excellent run since our previous buy signal on March 21 (see chart below) that hit its target yesterday:
The index is right now moments away from hitting the 16300 Resistance, which is the All Time High (ATH) of November 19 2021. The long-term pattern since the end of October 2022 has been a Channel Up and within it, three Megaphone patterns have...
DAX is on its 4H MA50 with the 4H MA200 on a parallel move to the bottom of the Channel Up. Both the 1D and 4H (RSI = 52.763, MACD = 7.300, ADX = 19.891) are neutral so we will only take short term, confirmed trades after breakouts.
A crossing over R1 (even better if the 4H RSI also crosses over its LH trendline) is a buy breakout signal (TP = 16,100) and further...
Hello Ger30 indicator. In a positive state with a bullish flag. And the correction of the last wave on an important ratio in Fibonacci 0.5. Likewise, this correction came on strong support at 14650. With the formation of very positive candles indicating a strong entry for buyers to rise again . Note: If you like this analysis, please give your opinion on it. ...
DAX40 H8
Waiting patiently to see that 16000 resistance price again (alerts set) or see this support price of 15750 trigger. Either way, we are trading around high price and whole numbers, with a solid 250pt range to benefit and trade between. Tight stops and effective range targets.
GER40 - 24h expiry - We look to Buy at 15921 (stop at 15841)
Daily signals are bullish.
The primary trend remains bullish.
Previous resistance at 15900 now becomes support.
We are trading at overbought extremes.
A lower correction is expected.
We look to buy dips.
Our profit targets will be 16121 and 16171
Resistance: 16010 / 16100 / 16200
Support:...
Pair : GER40 ( German 40 Index )
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame with the Breakout of the Lower Trend Line and Retracement
Divergence
Break of Structure
Completed " 12345 " Impulsive Wave
Exp FIAT as an Correction in STF
Gold map in the coming weeks. In light of the fluctuations and bankruptcies of banks and the collapse of the strongest reserves in the world, the US dollar, and the collapses in the US economy, all of this supports the rise of gold, but it does not mean from what point we buy gold for investment,
Currently, it will settle a downward wave, and according to the way,...
DAX is trading inside a Channel Up with the 4H technicals neutral (RSI = 53.275, MACD = -10.100, ADX = 32.263). With 1D also neutral , it indicates that the dominant bullish trend has to be favored and that this is a buy opportunity. That is also supported by the 4H RSI which held the 38.60 Support.
Keep in mind though that the index has been pulling back inside...
GER40 - 24h expiry
We are trading at overbought extremes.
Short-term momentum is bearish.
Bearish divergence is expected to cap gains.
15750 continues to hold back the bears.
15729 has been pivotal.
A break of the recent low at 15729 should result in a further move lower.
We look to Sell a break of 15719 (stop at 15801)
Our profit targets will be 15519...
