Trade ideas
DAX40 consolidation breakout supported at 23400The DAX remains in a bullish trend, with recent price action indicating a potential oversold rally within the broader uptrend.
Support Zone: 23400 โ 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 โ initial resistance
24116 โ psychological and structural level
24250 โ 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 โ minor support
23094 โ stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Dax40 holds above 23950. 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.
DAX: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse DAX togetherโบ๏ธ
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 23,534.81 will confirm the new direction downwards with the target being the next key level of 23,425.69 and a reconvened placement of a stop-loss beyond the range.
โค๏ธSending you lots of Love and Hugsโค๏ธ
Technical Analysis WeeklyGermany 40 is in a neutral range phase, trading at 23,436, staying below its VWAP of 23,672. RSI at 39 reflects weakening momentum and a possible range break to the downside. Support is at 23,400, with resistance at 23,990.
The UK 100 remains in a bullish phase, undergoing a correction after a failed attempt to take out the record high, trading at 9,205, slightly below its VWAP of 9,333. RSI at 47 shows neutral momentum. Support is at 9,157, with resistance at 9,309.
Wall Street continues in a bullish impulsive phase, trading at 46,173 - just under a record high set on Friday - and above its VWAP of 45,699. RSI at 63 supports strong upside interest. Support is at 45,005, resistance at 46,393.
Brent Crude remains range-bound, trading at 6,600 near its VWAP of 6,698. RSI at 44 suggests balanced-to-weak bias. Support is 6,515, resistance at 6,881.
Gold is in another strong bullish impulsive phase, trading at 3,723, a fresh record high, and above VWAP of 3,613. RSI at 77 indicates strong overbought conditions. Support is way down at 3,467, resistance at 3,759.
EUR/USD is undergoing a pullback after a โfakeoutโ that saw it briefly hit new yearly highs, trading at 1.1777, just above VWAP of 1.1735. RSI at 55 supports continued buying interest. Support is 1.1624, resistance at 1.1846.
GBP/USD Having failed to take out the annual highs after its recent bullish surge, GBP has turned back into a neutral range, trading at 1.3502 just below its VWAP of 1.3525. RSI at 48 suggests mild downward pressure. Support at 1.3393, resistance at 1.3657.
USD/JPY is neutral within a range, trading at 147.87 above its VWAP of 147.59 after a โfakedownโ below recent lows. RSI at 53 indicates a balanced market. Support is 146.51, resistance at 148.68.
GER40 (DAX40) Technical Forecast๐๐ฉ๐ช GER40 (DAX40) Technical Forecast โ Intraday & Swing Outlook
Asset Class: GER40 CFD (DAX40)
Current Close: 23,675.1 (20th Sept 2025, 12:50 AM UTC+4)
๐ Technical Setup
๐ฏ Candlesticks: Strong rejection tails at resistance, suggesting supply pressure.
๐ Elliott Waves: Market in corrective wave phase after strong rally.
๐ Harmonics: Possible Bearish Gartley forming near 23,950 zone.
๐ Wyckoff: Distribution signs emerging after extended markup.
๐ Gann Angles: 23,800 key pivot (time & price convergence).
โ๏ธ Ichimoku: Price testing Kijun resistance; cloud support below 23,400.
๐ Indicators
๐ช RSI (H1): 65 โ nearing overbought zone.
๐ RSI (Daily): Neutral โ potential downside risk.
๐ฏ Bollinger Bands: Pinching โ volatility expansion expected.
โ๏ธ VWAP (Weekly): 23,520 โ magnet level.
๐ MA Cross: Short-term EMA threatening bearish crossover.
โฑ Intraday Outlook
๐ Key Levels:
๐ข Buy Zone: 23,420 โ 23,480 (bounce setup).
๐ด Sell Zone: 23,800 โ 23,950 (rejection expected).
๐ฏ Targets:
Upside: 23,720 โ 23,840 โ 23,950
Downside: 23,520 โ 23,400 โ 23,250
โก Bias: Range-bound with bearish tilt near highs.
๐ Swing Trading Outlook
๐ข Swing Buy Entry: 23,200 โ 23,300 (strong demand zone).
๐ฏ Upside Swing Targets: 23,850 โ 24,100 โ 24,350
๐ด Swing Sell Entry: 23,900 โ 24,050 (supply area).
๐ฏ Downside Swing Targets: 23,400 โ 23,050 โ 22,750
๐ Bias: Bearish divergence forming โ possible correction if 23,900 rejects.
๐ Market Context
โ ๏ธ Eurozone slowdown + ECB policy risks may cap upside.
๐ US indices correlation โ keep an eye on US500/NAS100.
๐ข Energy price spikes = potential drag on DAX industries.
๐ Trading Plan
โ๏ธ Intraday traders: Sell rallies into 23,800โ23,950 ๐ป
โ๏ธ Swing traders: Accumulate near 23,200โ23,300 ๐ข
โ๏ธ Manage risk: Always place tight stops below support or above resistance.
๐ฅ Conclusion:
DAX40 (GER40) faces stiff resistance at 23,900. Intraday range traders can fade extremes, while swing traders prepare for a correction towards 23,200 support before the next big move.
For individuals seeking to enhance their trading abilities based on the analyses provided, I recommend exploring the mentoring program offered by Shunya Trade. (Website: shunya dot trade)
I would appreciate your feedback on this analysis, as it will serve as a valuable resource for future endeavors.
Sincerely,
Shunya.Trade
Website: shunya dot trade
GER40 | 30min Double Top | GTradingMethodHello traders,
Just took a short on GER40.
Potential double top on 30min chart.
I only trade double tops that have rsi diveregnce
Risk/reward = 3.4
Entry price = 23 725.8
Stop loss price = 23 763.2
Take profit level 1 (50%) = 23 622
Take profit level 2 (50%) = 23 565
Keep to hear your thoughts on the equities markets :)
This is not financial advice but just me documenting my journey
DAX40 Oversold bounce resistance at 23950The DAX remains in a bullish trend, with recent price action indicating a potential oversold rally within the broader uptrend.
Support Zone: 23400 โ 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 โ initial resistance
24116 โ psychological and structural level
24250 โ 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 โ minor support
23094 โ stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Dax40 holds above 23950. 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.
DAX: Move Up Expected! Long!
My dear friends,
Today we will analyse DAX togetherโบ๏ธ
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 23,355.45 will confirm the new direction upwards with the target being the next key level of 23,470.80 and a reconvened placement of a stop-loss beyond the range.
โค๏ธSending you lots of Love and Hugsโค๏ธ
GER40 Loading the Break โ Big Move Coming!Hey guys,
Iโve analyzed the GER40 index for you. Right now, itโs too early to drop a clear targetโthe price is stuck in a consolidation zone. Itโs either gonna break down or break out. Once that move happens, Iโll share the exact target right away.
For now, just waiting on the breakout.
Also, every single like from you guys is what keeps me motivated to keep sharing these analyses. Big thanks to everyone supporting me with those likes.
DAX/GER - OPPORTUNITY FOR LONG ENTRYTeam, I am going long DAX after the sell-off last night
RATE announcement in 17 hours from the US would support the market volatility and short-term recovery.
ENTRY ZONG AT 23370-23395
STOP LOSS AT 23280
TARGET 1 AT 23473-23497 - TAKE 50%-70% PARTIAL AND BRING STOP LOSS TO BE
TARGET 2 AT 23556-23582
LETS GO
DEX 30 - Forecast๐ฐ Weekly
Sitting right on top of that weekly demand (22,700โ23,200). Buyers are trying to defend, but if this floor gives way, weโre diving deeper. BOS is still intact from the upside, but momentum looks tired.
๐ Daily
Heavy drop straight into demand. Now the real question โ do we bounce back into 23,700โ24,000 supply for a cheeky rejectionโฆ or do we crack lower straight away? ๐
โฑ 8H
Clean ChoCH to the downside. Market tapped demand, so a little relief rally is on the cards. But watch that supply zone โ sellers waiting up there with bags packed.
๐ฏ Outlook
Short-term โ bounce into supply โ
Mid-term โ bearish pressure still in control ๐ป
Lose 22,700 and we could easily hunt liquidity towards 22,000โ22,300.
Bias : Short-term pullback โ Mid-term bearish
DAX coiling price pattern support at 23950The DAX remains in a bullish trend, with recent price action indicating a potential oversold rally within the broader uptrend.
Support Zone: 23400 โ 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 โ initial resistance
24116 โ psychological and structural level
24250 โ 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 โ minor support
23094 โ stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Dax40 holds above 23950. 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.