Trade ideas
DAX: Move Up Expected! Long!
My dear friends,
Today we will analyse DAX together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 23,517.46 will confirm the new direction upwards with the target being the next key level of 23,580.90 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
DAX retesting key support at 23400The 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.
DAX (GER40) - Great Short opportunityNasdaq down (see other idea) Dax playing Games. Was moving in a formation and did some fake breakout to the top today. Now sold back and heading south. I'm exepcting a drop to our previous defined targets.
Short at current position 23680
T1: 23487
T2: 23053
No trading advise.
German DAX | Inverted Cup vs Inverted Head & ShouldersThe FX:GER30 continues to trade around critical technical levels, where multiple patterns are competing to determine the index’s next direction.
In the short term, the main risk remains with the inverted cup and handle pattern, formed above the weekly fractal support at €23,381, which could project a drop toward €22,483 (around -4%). A new daily fractal support has emerged at €23,281, adding pressure just below the previous support/neckline.
On the other hand, the index is also building the base of a potential inverted head and shoulders pattern, with its trigger lying in a breakout above the daily resistance at €23,782. If this breakout is confirmed, it opens the door for strong bullish momentum toward €24,400 (200% Fibonacci extension and the classical target of the pattern). This move could also validate a parallel consolidation channel, suggesting the formation of a bullish flag.
Key fractals to monitor
Weekly resistance: €24,654
Daily resistance: €23,782 (H&S neckline/resistance)
Intraday resistance: €23,742
Intraday support: €23,572
Weekly support: €23,381
Daily support: €23,281
The DAX is at a decision point:
Clear break below €23,281 → activates bearish scenario (target €22,483) .
Sustained breakout above €23,782 → validates bullish scenario (target €24,400) .
Safe Trades,
André Cardoso
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 – 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 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 together☺️
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.
❤️Sending you lots of Love and Hugs❤️
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 ‘fakeout’ 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 ‘fakedown’ below recent lows. RSI at 53 indicates a balanced market. Support is 146.51, resistance at 148.68.






















