DAX#DAX40 - H1 📣 Upon analyzing the 1-hour timeframe, if the upward trend line in the 15223 range is broken, there is a potential for the index to decline towards the 15050 range. ⛔ Stop Loss: 15320Shortby FXSMARTTUpdated 0
DAX - at important support level- German economy is not in a perfect condition, but markets may neglect the fact (as usually) - Price is contracting, filling the downward wedge (gray lines). The lines cross exactly on the level of FR 0.381 (14'702) - Now, the price is completing the ABC 1:1 correction pattern (at 14975) which seems to be respected. - If ABS is broken down, the next very important support will be the earlier mentioned FR 0.382, where the BAT pattern D-Point sits as well. Longby PetrBorosh1
GER30 H4 | Bullish reversal off 127.2% fibo?Price could fall to our buy entry at 14946.6, which is a swing low support level, aligning with the 127.2% fibo extension and 78.6% fibo projection. This is a level which has fibo confluence, hence price may reverse from here. Our stop loss is at 14829.8, which is below the previous major swing low support level. Take profit is at 15128.4, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Long03:41by FXCM4
DAX Elliott Wave Analysis for Thursday 19/10/2023In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (2) correction can be finished. However, the lower time frame suggests further corrective price action which will result in more wave (2) downside. Several bearish scenarios can be considered if we take out the 04/10/2023 low.06:42by AndyCuckoo1
Dax long based on my indicator RR/200 Take only precise ntry on scalping , with dax here Longby SiSiFX1
DAX Elliott Wave Analysis for Wednesday 18/10/2023In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (2) correction can be finished. However, the lower time frame suggests further corrective price action which will result in more wave (2) downside. Several bearish scenarios can be considered if we take out the 04/10/2023 low.08:52by AndyCuckoo2
Use Confirmation on Ger30#ger30 is already in a weekly demand zone, which is currently considered weak, but the price is already in a downward curve. Therefore, it's better to wait for confirmationGby raja_sahil_changaiz1
DAX Elliott Wave Analysis for Tuesday 17/10/2023In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (2) correction can be finished. However, the lower time frame suggests further corrective price action which will result in more wave (2) downside. Several bearish scenarios can be considered if we take out the 04/10/2023 low.08:53by AndyCuckoo3
GER30 - EA FilteredIt is one of the ideas that I had in my mind for almost 3 months. Generally this idea is based on multiple custom indicators and lots of stuff from other coders in PineScript. Actually I really grateful for those who made very complex but still precise calculations on the LWTI and TWAP. You can actually better search these names on the Google to find much clear understanding. Anyway the general and most clear explain is multiple filter to find real possible trend. Most of the traders actually think of that moneys are made in the ranging market, I believed it is in the past, since we can't see their data freely on everywhere. So I wanted to go opposite of what is used to be. Enjoy the prediction. Also it has lots of things need to updated in this code, like if the price is on support or resistant areas it needs to identify those first and not go in trade and etc...by Gunefy0
de40 As you see the diametric pattern is completed and we can expect to that begin an uptrend.by mahdi-sheykh1
GER30 H4 | Bullish reversal off 127.2% fibo?Price could fall to our buy entry at 15088.5, which is a swing low support level, aligning with the 127.2% fibo extension and 78.6% fibo retracement. Our stop loss is 15019.7, which is below the swing low support level. Take profit is at 15190.7, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Long04:04by FXCM113
16102023 - #DAXDAX is much bearish on Friday; bearish price action on weekly and daily and also below the zones, but it hit a key support. Would prefer to watch for a pullback to go short regardless. 15270 will be key level to watch for a move to 14980 key support.Shortby FadeMeIfYouCan2
DAX - 1HIf the range of 15150 units is broken and the price stabilizes below it, the price may fall to the range of 15050 units, and in case of strength, the range of 14950 units Otherwise, the possibility of price increase up to the range of 15,350 unitsShortby arongroups7
DAX Elliott Wave Analysis for Monday 16/10/2023 (+ Higher TF)In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (2) correction can be finished. However, the lower time frame suggests further corrective price action which will result in more wave (2) downside. Several bearish scenarios can be considered if we take out the 04/10/2023 low.17:59by AndyCuckoo2
DAX confirming the support- if the price rebounds from 15250, it will probably end the correction. - the next resistance at 15750 - if broken, most likely ATHLongby PetrBorosh3
A little push downsideLets just see what happen here on a hour time-frame. The volume is already strong red, now we can wait until the next sale-wave und continue with the downfall. But more than 200 as tp is probaby not possible.Shortby ralffritz211
Market Crash ahead and short opportunity is in.As mentioned in previous videos I am expecting a Market Crash to unfold in October. Here the current Chart of GER40Shortby JonasBenjaminFriedrich220
DAX Elliott Wave Analysis for Friday 13/10/2023In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (2) correction can be finished. If the upward move fails, several bearish scenarios can be considered.13:05by AndyCuckoo0
GER40 Analysis 13Oct2023In my opinion, GER40 presents a slightly different perspective. If you observe the movement of the wave, you will notice a curve that is currently supporting it. Usually, when such a curve forms, the price tends to follow the same movement. Therefore, I believe that in the medium term, the price is likely to remain bearish. Furthermore, if you look at the current situation, it is possible that we are in the bearish channel, which would mean that the price will continue to follow this downward trend.by Hokusai_FX7
DAX MIGHT BE HEADING FOR FURTHER CORRECTIONThe German DAX40 stock index has experienced a recent downward trend, falling below its 200-day moving average and a critical support level at 15,500. This reversal followed a multi-year high above 16,500, where the 50-day moving average became a resistance level, intensifying the sell-off. A classic Fibonacci pattern suggests a corrective pullback targeting the 61.8% retracement level near 14,700, with 14,600 as another potential bearish target, being a pivot level from the previous year. However, a rapid rise to 15,000 may occur without significant support. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses. Shortby legacyFXofficial111
DAX Short term sell signal on the MA200 (4h).DAX got rejected on the MA200 (4h) and is pulling back. This is heavy pressure as it took place near the top of the 2 month Channel Down. Trading Plan: 1. Sell on the first green (4h) candle. 2. Buy if Resistance (1) breaks. Targets: 1. 15230 (Rising Support and -2.20% decline like the September 5th pull back). 2. 16000 (Resistance 2). Tips: 1. The MACD (4h) just formed a Sell Cross. This amplifies the short term selling momentum. Please like, follow and comment!! Notes: Past trading plan: by TradingBrokersView113