today was futures contract expire day (99% dax go down in expire day)
we going to buy dax around 15300 and hold 10-15 day to 16000-16300
if you have buy,dont panic ,main trend (daily) is + up
note=orange fibo =trend base fibo extention(projection) on dax must draw in 30-240 min last V shape
wish you success
For the DAX, we expect that the course will come back and reach the trading zone for a second time. Then, the course should have enough power to push through the resistance at 16024 points and further increase past 16900 points.
Keep trading!
for better view zoom on above chart
today AC(or stoch 7.4.4) on 4hour chart was red , now it turn gren = up trend can start (looking for buy)
dax frist fill yesterday close price (gap on cash xetra dax) now must fill open gap on up and 16000
if you have open sells,strongly we advice close them now , in going up...
Very often the main issue for traders is to just on time (quickly?) spot on chart correct patterns that may warn traders about incoming to market Supply or Demand. Everyone tries to catch reversals as this is beginning of potentially long new trend. And asking yourself try to answer honestly to yourself - how often you skipped the move because you didn't notice it...
The German DAX is set to enter the yellow trading zone. We expect the DAX to fall between 15530 – 15140 points, before starting another bullish rally. However, until then, it needs to stay away from the resistance at 16024 points.
Be prepared!
DAX is ahead of critical crossroads as the long-term Channel Up (blue) that was formed after the November 2020 U.S. elections is on its last leg (d) before the aggressive rally that last time (March-April) led to leg (e).
If this pattern is not repeated, then there is a new Channel Up (orange) that may continue this uptrend but in a more controlled, less...
Bat pattern completing inside this imbalance, this is a beautiful set up, you can see the liquidity inducement, the best sell point here is 15830 however price may not reach that point so we dropped our sell limit a little lower to ensure we get tapped!
yesterday dax touch fibo 61% and cant fill gap( cash phisical xetra dax) on 15818 , for today it must fill gap and go upper to touch 16000
ALERT=FIBO 161% SHOW DAX TARGET 16300 , BE CAREFUL FROM SELL,100% PUT SL =40
ALERT=AX 4HOUR IS FULL GREEN
see AC (accelator occilator is stochastic 7.4.4 brother) ,it did it's job well in this week(on dax AC on 30-240 min chart is very important .... on gold :60-1440min chart)
see 4 hour chart, compair AC and stoch(if you are new user of AC dont trade with it,you must monitor it to see its secrets,reactions)
ALERT=DAX30...
be careful ,stil dax can go down to 15570(gap on cash xetra dax) we still see sell on dax (until uper trend break near 15900 , then dax signal is buy ,can go to 16100)
westpaciq.westpac.com.au
exact sellimit price =15900 and 15960 with sl=15985(high)
buylimit price =15600 sl=15450 tp=16100 (this buy is golden buy ,you must hold it 7-8 day,dont close with little profit)
secret= on dax always after 80 point profit ,move sl to open price,then let it go more ,understand? you can shot down pc and 24 hour go away
note=AC 4hour is red now + bad...
let see cash xetra dax (frankfurt phisical index) it show gap must fill soon or late
AC is red ,when turn green looking for buy in deep
ALERT=if dax break gap in 15800 can fly up to 16100 to 16300, we dont advice pick sell ,specialy dax30 going to add 10 big company will turn to dax 40, it will increase dax price
