Ger30 heading after EUR CPIAfter today's EUR CPI the Ger30 will head up to the Powerful Res in the coming days to decide the next move.Longby paulquentin150
DAX Elliott Wave Analysis for Thursday 28/09/2023The higher degree correction in the DAX can be finished as we took out the wave (W) low. However, the main expectation is that we see some further downside.12:02by AndyCuckoo0
GER30 H4 | Bearish reaction off 38.2% fibo?Price is rising towards our sell entry at 15347.2, which is a pullback resistance level, aligning with the 38.2% fibo retracement and 100% fibo projection. Our stop loss is at 15460.6, which is a pullback resistance and slightly above the 61.8% fibo retracement. Take profit is at 15197.5, which is a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Short02:55by FXCM3
DAX Elliott Wave Analysis for Wednesday 27/09/2023The higher degree correction in the DAX can be finished as we took out the wave (W) low. However, the main expectation is that we see some further downside. 12:06by AndyCuckoo0
DAX_1DAnalysis of DAX index in daily and mid-term time frames Due to the failure of the trend line, the market has entered a downward correction and it can continue to decline as long as the price is below 16,000 and below the downward trend line. First support 15100 The second and main support is 14,000Shortby arongroups8
GER40 lack of interest is a concern for the bulls.GER40 - 24h expiry The lack of interest is a concern for bulls. Previous support at 15600 now becomes resistance. There is no clear indication that the downward move is coming to an end. Rallies should be capped by yesterday's high. Current prices have reacted from a low of 15327, however, we expect further losses to follow. We look to Sell at 15578 (stop at 15678) Our profit targets will be 15328 and 15268 Resistance: 15440 / 15500 / 15600 Support: 15327 / 15300 / 15200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed. Shortby OANDA3
DAX Elliott Wave Analysis for Tuesday 26/09/2023The higher degree correction in the DAX can be finished as we took out the wave (W) low. However, the main expectation is that we see some further downside. This downside should be preceded by an upward move as we are close to finishing an ABC structure.11:41by AndyCuckoo0
GER30 H4 | Bullish reversal off 61.8% fibo?Price is approaching our buy entry at 15347.05, which is a pullback support level, aligning with the 61.8% fibo projection and -27.2% fibo expansion. Our stop loss is at 15156.11, which is a swing low support level, also an area of interest for a bullish reversal since it is the last down move before the break of structures of the previous highs. Take profit is at 15568.28, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Long05:02by FXCM5
DAX Elliott Wave Analysis for Monday 25/09/2023The higher degree correction in the DAX can be finished as we took out the wave (W) low. However, the main expectation is that we see some further downside. This downside should be preceded by an upward move as we probably finished a WXY structure (in red) or we are close to finishing an ABC structure (in green).13:49by AndyCuckoo0
shortThe trend will go on as graph. 15448 ia strong support, broken of this point act as waterfall Shortby ercankuruz3
GER30 we have experienced a strong push to the down side this past week, markets are looking more bearish on the upcoming week🐻🐻🐻GShortby wealthsmith230
Short-Term Bearish Trade Setups Identified on DAX Daily ChartBearish Opportunity Emerging as DAX Forms Bullish ABCD Pattern The long-term trend since 2022 remains downward based on lower highs and lows. However, the short-term trend has turned neutral/flat. Support: 15660 (previous low), Resistance: 16150 (21-day EMA) Moving Averages: Price is trading above the 50, 100 and 200-DMA, indicating a potential trend change. Recent action: The DAX has bounced off 15660 support and is currently consolidating below the 21-DMA resistance. There is a bullish ABCD pattern currently forming on the DAX daily chart: Point A: 16029 Point B: 15573 Point C: 15893 Projected Point D: 15499 This is a bullish continuation pattern that typically resolves with a move higher past Point D. However, in this case, it seems the DAX may have trouble breaking above the downward resistance trendline. Recommendation: Given the context of the longer-term downtrend still intact, traders could look to short the DAX on a close below Point C at 15893, targeting the projected Point D low of 15499 or traders could wait for a break of the 16150 resistance to then look to enter long positions. Alternately, a break below 15660 support would suggest renewed downside momentum. Entry: Short on close below 15893 Stop Loss: Above previous high at 16029 Take Profit: 15499 (projected Point D of ABCD pattern) Adding the technical details of the forming ABCD pattern provides additional validation for entering a short position at current levels, with the goal of profiting from the completion of this bullish reversal pattern turning bearish given the longer-term bearish biases still in play. Please share your thoughts belowShortby Mezzoforte_PrivilegeUpdated 5
DAX - (massive!) Short; This is a no-brainer!Germany decided to systematically destroy their (and the EU's) economy, in a consistent and spectacular fashion. This is a no-brainer!! (I have been shorting this, with everything I've got, for the past week.) The only thing that kept this thing afloat, so far, is the underlying currency (EUR/USD) push-pull. I believe that is now over and full capitulation is at hand. Where will this mayhem stop? ... Well, it depends on the maximum pain tolerance of the combined German industrial base. Will they let their government fully destroy their entire economy or will they put a stop to it, at some point? ... Right now, I don't care! The damage is already done, the only question remaining; Just how bad? Sell, sell, sell ... and then, Short some more!Shortby Nemo_ConfidatUpdated 606065
DAX update :dip-down and wolfe wave confluencetechnical view : please pay attention to 15600 level and wait for breaking this level .if this level broken then enter long toward tp's. we see at the moment both wolfe wave pattern and dip-down pattern to form a nice confluence and waiting for 15600 break. fundamental view: A more hawkish Fed policy outlook and the threat of a higher-for-longer Eurozone interest rate environment leave the DAX on the defensive. Euro area and US services PMIs will influence buyer appetite and likely support the near-term bullish trend reversal. Longby MtICHI5
Short continuation As labelled, I'm catching wave C which is target by measuring wave A. The confirmation was the breach of my trend line and the exit of the ABCDE wedge correction however I'm considering position trading this as the length could last for some time. Message me for any questions of requests on charts. by Waves-Fib660
GER30 - Retracement to order block ✅Hello traders! ‼️ This is my perspective on GER30. Technical analysis: As we can here price started to form lower lows and lower highs, this mean we can see bearish market structure. Now I expect a retracement after taking our sell side liquidity, price can go higher to fill the imbalance. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD13
DAX H4 | Rising into pullback resistanceThe DAX index (GER30) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 15565.59 which is a pullback resistance. Stop loss is at 15654.35 which is an overlap resistance that sits above the 50.0% Fibonacci retracement level. Take profit is at 15454.00 which is a recent swing-low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short03:22by FXCM4
DAX Under the 1day MA200 after 11 months!DAX / DE40 crossed today under the 1day MA200 for the first time since November 10th 2022. In the meantime it also broke under the wide Channel Up pattern that was holding since the December 20th 2022 Low. This is a critical bearish break out signal and closing a 1day candle under the MA200, confirms the extension to a new Low. Support A is at 15455 (so far a Double Bottom), so it is better to wait for a sell until this level breaks. If it does, sell the first minor bounce and target 15050 (almost -6% from the recent top). Important note: The 1day MACD is also under a Sell Cross. Follow us, like the idea and leave a comment below!!by TheCryptagon2
DAX Bullish as long as the 1D MA200 holds.DAX (DE40) has been neutral on the 1D time-frame, trading sideways within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) since August 03. We can see two clear Support and Resistance Zones. Today the price is approaching once more the 1D MA200, following yesterday's Fed Rate Decision, so it is a buy opportunity again. Target the bottom of the Resistance Zone at 16000. Apart from that, the Fibonacci retracement levels since the July 31 High, make solid Supports and Resistances, with the 0.5 Fib currently being one. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot6612
DAX Elliott Wave Analysis for Thursday 21/09/2023The primary scenario (in green) is now calling for a triangle as a wave (X). We are still missing the E leg before we break down as a wave (Y). The secondary scenario (in red) assumes that wave (X) is in and that we can expect more downside as a wave (Y).08:18by AndyCuckoo2