Ger40 this time to short Ger40 now still in demand area zone and the Awesome oscillator has divergence in TF H1,H4 and D1 from my analysis short sell should be money for trader .Shortby homosapains228
DAX Elliott Wave Analysis Higher Timeframe (29/07/2023)In our primary scenario we expect a bit more upside as a wave (5) to finish the higher level wave ((1)). For investors, we are in an area to take (partial) profits. Investors do not buy here as the data shows a bearish divergence. Investors should wait for a decent wave ((2)) pullback before buying again. Traders should analyze the lower timeframe. We see opportunities for both short and long trades next week.10:29by AndyCuckoo0
DAX Will Keep Growing! Buy! Hello,Traders! DAX broke the key horizontal Level of 16,330 and the Breakout is confirmed Which combined with the Fact that the index is in The uptrend makes us Bullish biased so we Will be expecting a Bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals6618
DAX to reach a new all time high today?GER40 - Intraday Price action resulted in a new all-time high at 16450. There is no indication that the rally is coming to an end. Short term momentum is bullish. We look for gains to be extended today. A break of yesterdays high would confirm bullish momentum. We look to Buy a break of 16461 (stop at 16361) Our profit targets will be 16711 and 16781 Resistance: 16450 / 16600 / 16700 Support: 16330 / 16250 / 16200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA2
DAX Elliott Wave Analysis for Friday 28/07/2023We finally got some data that allows a better interpretation. In the 15m, there is a potential long trade for today but the upside is limited as it concerns the fifth wave.13:13by AndyCuckoo0
GER30 LONGGER30 Broke out of a daily trendline and just gave an entry opportunity on H4 for Long positions with EMA's crossed on the daily confirming a strong uptrend. Longby Fxi_FeUpdated 11
DAX Elliott Wave Analysis for Thursday 27/07/2023Several scenarios can play out today. We are waiting for more data. The current structure does not give us a reliable setup.12:39by AndyCuckoo0
27072023 - #DAXI said sell will come () when market test last week's high and that was what we got yesterday. Market swept the highs and came down 250 points before an equally impressive rebound. I also said sell will come this week, around FOMC. Is sell here yet? IMO, what is messy is SPX and NDX are showing clearer bullish move while DAX made a bearish dip down. I would say as long as PZ holds, should see a move higher. Will only be interested in shorts below PZ. Upside target will be to 16377 which is a strong resistance and possible pullback from there. While if market does dip, 16031 below is a possible first bounce. To the question if sell is here, I will say, no signs yet, thus I would say that though DAX looks slightly weaker but still only be short below PZ. Do note also that there is ECB meeting today which might result in some volatility.by FadeMeIfYouCan0
DAX: Holding the 1D MA50 will start a new bullish waveDAX tested again today the 1D MA50, which is the Support since the July 12th Bullish breakout, and reacted with a rebound. With the 1D timeframe neutral (RSI = 54.688, MACD = 65.900, ADX = 24.550) this holding of the 1D MA50 translates to a buy opportunity. In addition, the 1D RSI crossed over its Channel Up. We are long, targeting the HH trendline (TP = 16,500). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope116
GER40 / DAX Analysis 26July2023Ger40 / Dax entered the initial correction period. If you see Wave A has the same length as Wave C, then the possibility that is happening at this time is the formation of Wave (X), after Wave (X) occurs, the price will return to the target with the target up to the trendline below. There is a possibility that the price drops not to the trendline area, by forming complex correction.Gby Hokusai_FX1
DAX intraday dips continue to attract buyers.GER40 - 24h expiry Trading within a Bullish Channel formation. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 50 4hour EMA is at 16125. We look to buy dips. Price action continues to trade around significant highs. We look to Buy at 16131 (stop at 16031) Our profit targets will be 16381 and 16461 Resistance: 16240 / 16300 / 16400 Support: 16200 / 16150 / 16100 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA2
DAX Elliott Wave Analysis for Wednesday 26/07/2023Several scenarios can play out today. We are waiting for more data. The current structure does not give us a reliable setup.10:11by AndyCuckoo0
Unleash the Bull: DAX Breaks Boundaries!Bullish/Bearish Momentum: The Macro PVVM, which indicates long-term trend, has been consistently increasing from 68 to 102. This is a strong sign of a bullish momentum in the long term. The indicator breached the overbought level (>100) on the last data point suggesting a strong bullish trend but also the potential risk of a pullback. The Micro PVVM, representing short-term movement, has also shown a general increase from 12 to 41 with some periods of pullback, which indicates a predominantly bullish momentum in the short term. Alignment with Closing Prices: The closing prices have generally been increasing, aligning well with the bullish momentum indicated by the PVVM indicators. The price moved from $16147 to $16189 with some fluctuations. Long-term and Short-term Trends: Long-term (Macro) Trend : The continuous increase in the Macro PVVM suggests a long-term bullish trend. Short-term (Micro) Trend : The short-term trend, represented by the Micro PVVM, has also been predominantly bullish, but the ups and downs suggest a higher level of volatility and uncertainty in the short-term trend. Key Takeaways: The OANDA:DE30EUR is in a strong bullish trend based on the provided dataset, with both Macro and Micro PVVM showing an increasing trend. The Macro PVVM has breached the overbought level, indicating a strong bullish market but also warning of potential short-term pullbacks. The short-term movement shows volatility, which means traders should be cautious. Proposed Trade Strategy: Long Position : As the overall trend is bullish, traders can consider entering long positions. However, they need to watch out for potential pullbacks due to the overbought condition. Short Position : Given the overbought state of the market, traders could consider short positions if there are clear signs of bearish reversal in the Micro PVVM or a decrease in the Macro PVVM. Price Prediction: Given the current trend, the TVC:DEU40 could continue to increase in the next 7 bars. However, as the Macro PVVM has entered the overbought territory, a short-term pullback or consolidation could also occur. Critical Points to Watch: Continuation of the bullish trend in the Macro PVVM. Signs of a reversal in the Micro PVVM, given the overbought condition in Macro PVVM. Price movements and their correlation with PVVM indicators. Watch out for any divergence between price and PVVM indicators, as it may suggest potential trend reversals. Remember, while the PVVM indicators provide valuable insight into the market's direction, they are not infallible and should be used in conjunction with other technical analysis tools and fundamentals for the most reliable results.Longby SwingSwiss1
DAX Elliott Wave Analysis for Tuesday 25/07/2023Several scenarios can play out today. We are waiting for more data. Depending on what the market gives us, we see entries for both short and long trades.04:23by AndyCuckoo0
25072023 - #DAXConsolidation remains for DAX. Made a lower high higher low yesterday. TBH ok, trend is still up in this consolidation so BY RIGHT, the educated guess would be a continuation in the direction of trend. But we will see if that will be so. I did say that I was looking for a up to re-test recent highs at 16245 or so for a short. Market dipped and went higher but only hit 16205 or so before coming down. Yesterday was a small range day. I really have no strong views on indices though I said I do see a sell soon especially on/post FOMC. For DAX today, for now, price is within the PZ and the BZ is below acting as support. Possible will be a break above PZ for a move to 16229 and even 16269 overshoot to look for divergence for a short down. If market instead dip, 16099 will be a level to look for low risk long.by FadeMeIfYouCan0
GER30 Short Consolidation Pivot: 16240.00 Our preference: short positions below 16240.00 with targets at 15985.00 & 15755.00 in extension. Alternative scenario: above 16240.00 look for further upside with 16370.00 & 16470.00 as targets. Comment: the RSI is below its neutrality area at 50%GShortby Daniel_Thompson1