Bearish reversal off swing high resistance?DAX40 (DE40) is reacting off the pivot, which has been identified as a multi swing high resistance and could reverse to the 1st support.
Pivot: 24,550.50
1st Support: 24,231.02
1st Resistance: 24,660.54
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Trade ideas
Typical Inverse Head and Shoulder PatternPrice Patterns in price action trading is highly effective and profitable, however the main problem is executing the trade. Most traders will learn and test patterns over and over but when it comes at executing the trade, they doubt that it can be as simple as identifying and trusting a pattern to make money.
DAX Bearish Bias! Sell!
Hello,Traders!
DAX taps into horizontal supply where Smart Money distributes orders. The rejection signals bearish flow, with liquidity likely drawn toward inefficiency near 24,300 zone. Time Frame 3H.
Sell!
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DAX Bullish resistance breakout supported at 24250 The DAX remains in a bullish trend, with recent price action indicating a potential oversold rally within the broader uptrend.
Support Zone: 24250 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 24250 would confirm ongoing upside momentum, with potential targets at:
24550 – initial resistance
24650 – psychological and structural level
24800 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 24250 would weaken the bullish outlook and suggest deeper downside risk toward:
24100 – minor support
24000 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Dax40 holds above 24250. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GER40 Critical Level: Which Way Will It Break?📊 GER40 Critical Breakout Analysis
Hello Guys,
By popular demand, I’ve prepared a GER40 analysis. Every single follower matters to me, and that’s why I’m sharing this breakdown with you.
🔹 Buy scenario: Price needs to break above 23,895 and close a candle there.
🔹 Sell scenario: Price needs to drop below 23,278 and close a candle under it.
I’ll be watching both levels closely. Once a breakout happens, I’ll update you right away.
Every like is my biggest motivation to keep sharing these analyses.
Thanks to everyone supporting me!
"DAX 40 Strategy Map — Multi-Layer Entries & Thief Twist"📊 GERMANY 40 Index Market Wealth Strategy Map (Swing/Day Trade)
Ladies & Gentlemen (aka Thief OG’s 😎), here’s my fresh DAX roadmap.
🔑 Plan (Bullish Bias):
Triangular Moving Average 382 broken upwards ✅
CCI Oscillator flashing a Golden Cross ⚡
Both signals together = bullish confirmation.
🎯 Entry (Thief Layer Strategy):
This is not a single-entry plan. Instead, I’m layering multiple buy-limit levels:
23800, 23900, 24000, 24100
(You can increase layers if market structure supports it.)
This layering method (Thief Strategy) spreads risk and improves average entry.
🛡️ Stop Loss (Thief Guardrail):
My SL marker: 23700
⚠️ Note: This is my personal map, not financial advice. You can adjust according to your own risk appetite.
💰 Target (Take Profit Zone):
Primary Exit: 24600
Strong barricade & resistance near 24700 🚨 (watch out for overbought trap).
Idea: escape with profits before the police (market sellers) block the road!
📌 Correlations & Watchlist:
FOREXCOM:GER40 (Germany 40 Index)
XETR:DAX (cash market ticker)
CAPITALCOM:DE40 (futures contracts)
ICMARKETS:STOXX50 (Euro Stoxx 50 correlation)
SP:SPX / NASDAQ:NDX (U.S indices often influence DAX intraday flow)
FX:EURUSD (currency correlation can impact European equities via euro strength/weakness)
Keeping an eye on global risk sentiment is essential — strong U.S. momentum often supports DAX upside.
✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!”
📜 Disclaimer:
This is a Thief-style trading strategy — designed for fun, educational purposes, and market mapping only. This is not financial advice. Trade at your own risk.
#GER40 #DAX #Germany40 #SwingTrade #DayTrading #IndexTrading #TechnicalAnalysis #ThiefStrategy #TradingView
DAX: The Market Is Looking Down! Short!
My dear friends,
Today we will analyse DAX together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 24,143.24 will confirm the new direction downwards with the target being the next key level of 24,058.86 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
DAX breakout retest at pivotal 23600The DAX remains in a bullish trend, with recent price action indicating a potential oversold rally within the broader uptrend.
Support Zone: 23400 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 23400 would confirm ongoing upside momentum, with potential targets at:
23950 – initial resistance
24116 – psychological and structural level
24250 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 23400 would weaken the bullish outlook and suggest deeper downside risk toward:
23250 – minor support
23094 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Dax40 holds above 23400. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Bullish bounce?DAX40 (DE40) is falling towards the pivot which is a pullback support and could bounce to the 1st resistance.
Pivot: 23,479.66
1st Support: 23,317.44
1st Resistance: 23,873.56
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Technical Analysis WeeklyGermany 40 remains in a sideways trend, trading at 23,840, just above its VWAP of 23,629 after rebounding off range support. The RSI at 53.2 suggests mild upward momentum. Support is at 23,396, with resistance at 24,000.
UK 100 continues in a bullish trend and is currently in a correction (triangle) phase. It is trading at 9,317, above its VWAP of 9,245. The RSI of 61.4 indicates steady buying interest. Support is at 9,172, and resistance is at 9,333.
Wall Street remains in a bullish impulsive phase, trading near record highs at 46,380, above its VWAP of 45,984. The RSI at 63.0 supports strong bullish sentiment albeit not overbought. Support sits at 45,379, with resistance at 46,590.
Brent Crude is in the same choppy range-bound conditions with reduced volatility from weeks prior, trading at 6,886, above its VWAP of 6,719. The RSI of 59.1 suggests moderate strength. Support is found at 6,500, and resistance is at 6,939.
Gold is maintaining its epic bullish impulsive phase, trading above the 3800 handle for the first time at 3,806, well above its VWAP of 3,613. The RSI at 79.1 indicates extreme overbought levels. Support is at 3,492, and resistance is at 3,734.
EUR/USD has dropped back into its range after a failed breakout. It is trading at 1.1726, slightly below its VWAP of 1.1750. RSI at 49.9 indicates a neutral stance. Support is at 1.1638, with resistance at 1.1832.
GBP/USD remains in a neutral trend within a range phase, currently at 1.3437, below its VWAP of 1.3514. The RSI of 45.5 shows slightly bearish momentum. Support and price are aligned at 1.3357, with resistance at 1.3673.
USD/JPY is in a neutral trend and remains range-bound, pulling back from the 150 round figure, trading at 148.85, just above its VWAP of 147.93. The RSI at 56.4 shows slightly bullish momentum. Support lies at 146.14, while resistance is at 149.72.