📍 DAX gaining tempo The previous 2020 macro map, outdated as it may be, contains the overarching manoeuvre which we can now describe as a compounding play. It is as follows: my models started to pick up on the alarm bells towards the back-end of last year, and hinted of DAX making revisiting 10,000. The compounding is going to be of great importance, when we...
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?
This diagram portrays the position from the initial 2020 Macro map which I posted on December 31st 2019. The position arose after I called the end of an economic cycle and positioned with the intention to defend. We overshot the lows and snapped back, it is worth pointing out that sellers have significantly better chances because of the strong resistance. 📌 Dax...
THE GERMAN DAX 30 HAS BEEN TRENDING NICELY OVER THE LAST FEW MONTHS AND IS STRONGLY BULLISH ON THE HIGHER TIME FRAMES. TAKING A LONG POSITION ON THE MONTHLY CHART WITH A GOOD RR RATIO. WILL ADD MORE ENTRIES TO MY POSITION ON SWING-POINT LOWS TO JOIN THE MAIN TREND. PRICE IS CURRENTLY ABOVE THE 200EMA AND HAS CLOSED SUCCESSFULLY OVER IT. ENTRY 12631 STOP-LOSS-...
will drop soon. its likely to form the head shoulder pattern. there are no fundamental positives to go further long either but only to drop
if there a sell here the best entry, there is possibility continue to make new high, follow ur strategy
Buy Dax Index at 10920 with the sl 10820 and tp 11100
13250 resistance zone But.. Candle is still pretty bullish. wait for a small consolidation with rejection candle before taking a short. Do note, it is a counter-trend trade, the structure is still very bullish. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk...
If Red trend support line is broken should be looking at a Bearish movement however currently on the 4H it's looking bullish short term may possibly be a double top, then short.
I believe DAX is in a bullish market looking at the top 30 German companies however my indicators and technical analysis are telling me that the market is now turning bearish so it looks like it could be a short term long position then a short term position.
SHORT @ Xetra Open - Stop Loss 0,9% - Close = Xetra Close 17:35 Uhr Happy Trading
SHORT @ Xetra Open - Stop Loss 0,9%. Happy Trading
Price reached a monthly resistance zone. If this zone is accepted the monthly Doubletop is valid. I'll wait an see how price behaves in the next couple of weeks!
Price hits a monthly resistance from March/April 2015. Let's see how price behaves in this area.