The resistance zone at 12 601 we mentioned yesterday turned out to function perfectly. After retesting the 12 601 level, Dax went sloping down. The weekend gap has been filled from it's third only and today the price opens without a gap. Important zones Resistance: NIL Support: 12 385, 12 428, 12 508 Statistics for today Detailed statistics in the ...
Target: 13228 Stop loss: 11801 (2.65%)
kcell jsc reg.shs:Being consolidated within "3.63 & 4.66"channel ,High stabilization of the above mentioned channel Triggers a bullish trend. In general, low risk is evaluated . . Target 1: 7.12 . Target 2 : 9.24
OANDA:DE30EUR Sell after 4 hour candle close below 12186 TP-11700 SL-12280
Rising wedge with bearish divergence, entry at 12310/12320, minimum target 12.134 stop above 12354
We have seen the current trading set up on DAX during its previous mini bear cycle (April 2015 - February 2016). During that time the index finally broke upwards for the new mini bull cycle once both Lower High trend lines were crossed and held as supports on at least 1 re-test. Currently DAX has broken above the first Lower High trend line (dashed) and has...
1. Broke through rising wedge 2. RSI Bearish Divergence 3. Good RR. **Wait for retracement to zone.
Really want to short this one around 11680-11700 Could fall really good
Hi traders Daxi In BUY zone 11650 as first target BUT if SPX does go GARTLEY, then dax will follow to 11700 ( 61.8% fib ) LOOK @ DMI - always turn point when BULL vs BEAR are far away (bottom indicator) Drive safe
The index is still on a long term recovery within the 1D Channel Up (RSI = 58.547, MACD = 106.300, Highs/Lows = 0.0000). This time however 4H is on a Lower High sequence with 11,400 supporting this fragile set up. With the price already rejected just below the 11,686 - 11,838 1W Resistance Zone, we are expecting a stronger correction if 11,400 breaks. TP1 =...
Let the chart speak for itself. This is NOT financial advice. /onefouronetrading
Hi there. Price is forming a continuation pattern to the upside. But first price needs to complete one more move to the downside. So, watch strong price action at the current price for sell.
As you can see there is not much to say right now because of the impulsive wave.. We could have catched the breakout from my last DAX anlyse for 230 points/pips, but I've missed it..
Buy Dax Index at 10920 with the sl 10820 and tp 11100
This is a long term chart of the German Stock Index Dax. The upper trendline was established at the pre Financial Crisis peak in 2007 and later at the peaks of 2015 and 2017. This were good selling points. The lower support trendline is giving support since the Creek Dept Default Crisis in 2011 and fears of a China Slow Down in early 2016. This were good buy...
This is a long term chart of the German Stock Index Dax. The upper trendline was established at the pre Financial Crisis peak in 2007 and later at the peaks of 2015 and 2017. This were good selling points. The lower support trendline is giving support since the Creek Dept Default Crisis in 2011 and fears of a China Slow Down in early 2016. This were good buy...
The index managed to maintain the bullish break out above 11,390 and the new 4H Channel Up to stay above the Higher Low limit. As long as the symmetry holds, the short term target should be around the 0.618 Fibonacci extension, before it consolidates the potential overbought status. Our targets are intact: 12,000 & 12,100 in extension. ** If you like our free...