DAX weekly, white line resictance
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DAX weekly, white line resictance
GER30 Is there any way for an access to intraday updates of DAX volatility index eg 1-hourly (rather than once per day as for VDAX)? Any suggestions?GER30 Volatility VDAX index is below 20 following increased chances for interest rate cuts in December. Sounds to me like a good ground for trend up, am I right?
GER40 So silent in here..
DE40.F maybe today time for dax ⬆️
GER40 📐 Fibonacci & Harmonic PatternsFibonacci Extension: The current rally has hit the 1.272 extension of the previous correction. The next major resistance aligns with the 1.414 extension at 23,350.
Harmonic Pattern: A Bearish Butterfly Pattern is nearing completion. The Potential Reversal Zone (PRZ) is calculated between 23,320 and 23,350.
🛡️ Support and Resistance Levels
Resistance 1: 23,320 (Harmonic PRZ)
Resistance 2: 23,400 (Psychological Round Number)
Support 1: 23,220 (Previous High / Support Flip)
Support 2: 23,150 (0.382 Fib Retracement)
🎯 Strategic Trade Setups
Scenario A: The Reversal (Short)
Valid if price rejects the 23,320 zone with a bearish pin bar.
Entry: Below 23,280
Target 1: 23,220
Target 2: 23,150
Stop Loss: 23,360
Scenario B: Breakout Continuation (Long)
If price closes above 23,350 on strong volume.
Entry: Retest of 23,350
Target: 23,450
Stop Loss: 23,300
GER40 After deviation and due to discount zone inside of range will work with long potisions. Expecting slow growth with breaking range.
GER30 Santa Claus unrallied this year?
GER40 Daily could be a break to the down side. Depend on weekly close, if solid close under, well bb then.
GER30 Trade completed!