The DAX (GER30) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 18,131.66 which is an overlap support. Stop loss is at 17,850.00 which is a level that lies underneath an overlap support that aligns close to the 23.6% Fibonacci retracement level. Take profit is at 18,779.98 which is a level that...
Multi-frame Highs and Lows, OB's and IB's. Bullish Uptrend, Price hasn't broken structure as yet.
What's up traders... Expecting huge bullish movement on DAX,, SL is a 4 H closing candle below the channel Goodluck
There is a resemblence between oct 2020 - november 2021 and now. I am following this trend for a while and if you do the extending fibonacci calculations it all adds up nicely.. But this is DAX and nobody can know for sure
DAX (DAX Index): XETR:DAX We recognize that our analysis might diverge from other analysts', but our assessment clearly indicates that the DAX is currently in an overarching Wave 4, visible on the weekly chart within a multi-year scenario. This holds unless we surpass the 18,000 level. If we move beyond 18,000, a reevaluation and recount would be necessary....
Ger30 is abit too high for me right now. I would like to see it pull back to my points of interest and if it does I'll be looking to go long.
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DAX will go up and up and up.. it seems. We may see some corrections but the target remains around 20K
GER40 Down. Lower Low with a deep V. Divergence, naturally. It should go low. And then we do have a Stop. 4x move.
it continues making a eries of HH and HL so it will continue to remain in bullish trend untill it show a major reversal pattern.
Selling Pressure on 1HR 15 min OB used as entry. Entry: 18187 SL: 18230 TP 1: 17956 TP 2: 17803 Fibonacci Levels used for take profit zones.
Dax de40 have been in a crazy bull run since few months and i think its time for a slow down. oblique support have been broke, index is oversold in weekly and we can see it loosing bull power and forming flat top in lower timeframe. I think we can see it make a last push up in the 18100 area and then start a correction since the market like to sell high. i will...
Yesterday we had a move up with high volume on the hourly, we could see some further upside, more volume has to come on the daily.
Germany's economic downturn eased slightly in March as business activity in the country’s service sector came close to stabilising. The DAX has been trending bullish since November 2023, could we continue to see the rise in the Germany economy ?
The DAX (DE40) could rise towards a resistance level at 18,263.22 which has been identified as a pivot point. Could price stall around this level before potentially making a bearish reaction to drop lower? Pivot: 18,263.22 Support: 18,005.20 Resistance: 18,431.16 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...
I marked few support lines on chart and I will enter in a buy trade while Ger40 will come down on support area and fill up fuel ⛽ again for bull 🐂 run
Stopped out last entry, one more shot. If we don’t drop here then waiting for something completely different. This is a really hard way to trade but some people need to go against the grain.