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 โ 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 โ initial resistance
24116 โ psychological and structural level
24250 โ 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 โ minor support
23094 โ 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 trade ideas
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 indexโs next direction.
In the short term, the main risk remains with the inverted cup and handle pattern, formed above the weekly fractal support at โฌ23,381, which could project a drop toward โฌ22,483 (around -4%). A new daily fractal support has emerged at โฌ23,281, 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 โฌ23,782. If this breakout is confirmed, it opens the door for strong bullish momentum toward โฌ24,400 (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: โฌ24,654
Daily resistance: โฌ23,782 (H&S neckline/resistance)
Intraday resistance: โฌ23,742
Intraday support: โฌ23,572
Weekly support: โฌ23,381
Daily support: โฌ23,281
The DAX is at a decision point:
Clear break below โฌ23,281 โ activates bearish scenario (target โฌ22,483) .
Sustained breakout above โฌ23,782 โ validates bullish scenario (target โฌ24,400) .
Safe Trades,
Andrรฉ Cardoso
DAX: Sideways at ATH, Q3 Coil โ Q4 Pop?Since May the DAX has moved sideways at/near all-time highs. Q3 has been chop as expected, but momentum hasnโt brokenโbuyers keep defending the 23.4โ23.7k shelf. Iโm leaning into seasonality and prior behavior: staying long for a push into quarter-end, then Iโll reassess. Plan on scaling out into 24,500 โ 24,600 โ 24,700 (ATH supply), with risk tucked below the recent range floor.
Technicals
โข Structure: Multi-month range at the highs; no decisive lower-low. The 4H view shows repeated rejections of a minor descending supply line while the base at ~23,6xx keeps holding.
โข Entry zone: 23,620โ23,720 (range support / prior VWAP shelf).
โข Invalidation: daily close below 23,200โ23,300 (range break).
โข Targets: 24,000 (psych), 24,300 (mid-supply), 24,600 (ATH line from your chart).
โข Breadth/rotation clues (dashboard): Financials firm, tech mixed, autos soft; overall market still balanced rather than risk-offโconsistent with consolidation, not reversal.
โข Tape feel: Repeated โmuted opensโ with buyers showing up later in the session fits the grind-higher playbook into month/quarter end.
Fundamentals
โข Macro tone: US risk appetite improved after the Fedโs first cut, even as Powell tempered hopes of an aggressive pathโenough to cap deep corrections but still supportive of equities. European desk notes point to a restrained start, not a bear impulse.
โข Germany specifics: Headlines flag auto-sector warnings (VW/Porsche) weighing on sentiment, but banks and select industrials offsetโmatching the mixed sector board rather than broad deterioration.
โข Flows/seasonality: Quarter-end & Q4 seasonality often favor indices that have consolidated at highs; with DAX still ~1k points off the record, a range breakout toward 24.3kโ24.65k is a reasonable path before re-calibrating.
โข Risks to thesis: Another round of negative guidance from autos, hotter-than-expected US data re-pricing fewer cuts, or a clean daily close below 23.2k (range failure).
Trade whatโs on the chart, respect the invalidation, and pay yourself into strength.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every traderโs situation is unique, so itโs crucial to tailor your approach to your own risk tolerance and market environment.
GER40 (DAX40) Technical Forecast๐๐ฉ๐ช GER40 (DAX40) Technical Forecast โ Intraday & Swing Outlook
Asset Class: GER40 CFD (DAX40)
Current Close: 23,675.1 (20th Sept 2025, 12:50 AM UTC+4)
๐ Technical Setup
๐ฏ Candlesticks: Strong rejection tails at resistance, suggesting supply pressure.
๐ Elliott Waves: Market in corrective wave phase after strong rally.
๐ Harmonics: Possible Bearish Gartley forming near 23,950 zone.
๐ Wyckoff: Distribution signs emerging after extended markup.
๐ Gann Angles: 23,800 key pivot (time & price convergence).
โ๏ธ Ichimoku: Price testing Kijun resistance; cloud support below 23,400.
๐ Indicators
๐ช RSI (H1): 65 โ nearing overbought zone.
๐ RSI (Daily): Neutral โ potential downside risk.
๐ฏ Bollinger Bands: Pinching โ volatility expansion expected.
โ๏ธ VWAP (Weekly): 23,520 โ magnet level.
๐ MA Cross: Short-term EMA threatening bearish crossover.
โฑ Intraday Outlook
๐ Key Levels:
๐ข Buy Zone: 23,420 โ 23,480 (bounce setup).
๐ด Sell Zone: 23,800 โ 23,950 (rejection expected).
๐ฏ Targets:
Upside: 23,720 โ 23,840 โ 23,950
Downside: 23,520 โ 23,400 โ 23,250
โก Bias: Range-bound with bearish tilt near highs.
๐ Swing Trading Outlook
๐ข Swing Buy Entry: 23,200 โ 23,300 (strong demand zone).
๐ฏ Upside Swing Targets: 23,850 โ 24,100 โ 24,350
๐ด Swing Sell Entry: 23,900 โ 24,050 (supply area).
๐ฏ Downside Swing Targets: 23,400 โ 23,050 โ 22,750
๐ Bias: Bearish divergence forming โ possible correction if 23,900 rejects.
๐ Market Context
โ ๏ธ Eurozone slowdown + ECB policy risks may cap upside.
๐ US indices correlation โ keep an eye on US500/NAS100.
๐ข Energy price spikes = potential drag on DAX industries.
๐ Trading Plan
โ๏ธ Intraday traders: Sell rallies into 23,800โ23,950 ๐ป
โ๏ธ Swing traders: Accumulate near 23,200โ23,300 ๐ข
โ๏ธ Manage risk: Always place tight stops below support or above resistance.
๐ฅ Conclusion:
DAX40 (GER40) faces stiff resistance at 23,900. Intraday range traders can fade extremes, while swing traders prepare for a correction towards 23,200 support before the next big move.
For individuals seeking to enhance their trading abilities based on the analyses provided, I recommend exploring the mentoring program offered by Shunya Trade. (Website: shunya dot trade)
I would appreciate your feedback on this analysis, as it will serve as a valuable resource for future endeavors.
Sincerely,
Shunya.Trade
Website: shunya dot trade
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 โ 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 โ initial resistance
24116 โ psychological and structural level
24250 โ 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 โ minor support
23094 โ 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 togetherโบ๏ธ
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.
โค๏ธSending you lots of Love and Hugsโค๏ธ
GER40 | 30min Double Top | GTradingMethodHello traders,
Just took a short on GER40.
Potential double top on 30min chart.
I only trade double tops that have rsi diveregnce
Risk/reward = 3.4
Entry price = 23 725.8
Stop loss price = 23 763.2
Take profit level 1 (50%) = 23 622
Take profit level 2 (50%) = 23 565
Keep to hear your thoughts on the equities markets :)
This is not financial advice but just me documenting my journey
DAX40 Oversold bounce resistance at 23950The DAX remains in a bullish trend, with recent price action indicating a potential oversold rally within the broader uptrend.
Support Zone: 23400 โ 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 โ initial resistance
24116 โ psychological and structural level
24250 โ 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 โ minor support
23094 โ 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.