DAX - the final call for bears to proceed to the gate- DAX rallied on the dovish Powell's conference - The price hit the resistance cluster at 1:1 + FR 61.8% + down-trend line - The fundamentals are still not very encouraging - Geopolitics don't help Shortby PetrBorosh4
DAX Doing 3 Wave Corrective Bounce From The LowsThe short-term Elliott wave view in the DAX suggests that the index has ended the cycle from the 31 July 2023 peak as a leading diagonal structure in a higher degree corrective sequence. Whereas the decline to 15468 low ended wave 1, wave 2 ended at 16042 high. Wave 3 ended at 14948 low & wave 4 ended at 15575 high. Down from there, wave 5 unfolded in a lesser degree 5 waves structure where wave ((i)) ended at 15103 low. Wave ((ii)) ended at 15288 high, wave ((iii)) ended at 14820 low, wave ((iv)) ended at 14914 high and wave ((v)) ended at 14630 low. Thus ended wave 5 of (A) as a leading diagonal structure. Up from there, the index is doing a 3-wave corrective bounce within the wave (B) bounce as an Elliott wave zigzag correction. While the initial rally to 14916 high has ended wave ((i)). Then a pullback in wave ((ii)) unfolded as a flat correction where lesser degree wave (a) ended at 14809 low. Wave (b) ended at 14933 high, and wave (c) ended at 14655 low. Above from there, the index is extending higher in wave ((iii)) as an impulse sequence. Near-term, as long as dips remain above 14630 low the index is expected to continue to extend higher for a few more highs. To complete the first leg of the bounce in wave A. Afterward, the index is expected to see a pullback in wave B. Then it should do another extension higher in wave C to complete the 3-wave corrective bounce.by Elliottwave-Forecast3
DAX Elliott Wave Analysis for Friday 03/11/2023In the higher time frame, we are working on a wave ((2)) correction down. This wave ((2)) is unfolding as an ABC or WXY structure. The lower time frame favors a WXY structure. We are currently working on the wave X as an expanded flat structure. 07:46by AndyCuckoo0
DAX: Approaching the 1D MA50. Buy the pullback.Target achieved on DAX (chart at the end) as the price made a straight rebound at the bottom of the Channel Down. The 1D technical outlook is neutral (RSi = 52.756, MACD = -158.600, ADX = 30.783) and being that close to the 1D MA50 without being bullish already, makes a short term pullback possible. On the long term, we expect a bullish breakout over the Channel Down as the current rally originated after an (almost) one month long 1D RSI Bullish Divergence. So as long as the price gets rejected under the 1D MA50, we will wait for a 4H MA50 pullback to open the new long and target the R1 level (TP = 15,575), a candidate to make contact with the 1D MA200 as well. See how well our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##by InvestingScope4
DE40 low risk entrylow risk entry is succesful, now there is no risk since SL is set as BE. DE40 was in down trend but now ending might be nearby andy_1155Updated 0
What is the next move for GER30 ? POV 1. Right now, it's uptrend to my sell zone above, looking for the buy side to sell zone above. 2. I got 2 zones, the first is 14932.64-14871.08(quite risk), and the second is 14757.67-14637.78 (recommence) ******* Hope you enjoy your trading***** please subscribe and leave a comment to show your idea or another pair your interests to analyze.GLongby tonickbouddasien332
DAX Elliott Wave Analysis for Thursday 02/11/2023In the higher time frame, we are working on a wave ((2)) correction down. The primary scenario is now suggesting that wave ((2)) is unfolding as an ABC. The five waves down from the ATH might also indicate a bearish expanded flat scenario. In the lower time frame, the final wave ((v)) of wave 5 of wave A looks incomplete. We didn't get our move down yet so the market might surprise us with an expanded flat structure. The expanded flat structure also fits in the secondary scenario as a wave X.06:22by AndyCuckoo0
GER30 NEW ForecastGER30 NEW forecast now the price trying to be down, stable above 14810 will be rise otherwise under it will be fall till 14700 or from there again will rise Today we have important news, so be careful about the strong movementShortby ElenaMayi6
de40 long 30key level below is very strong, if we look at the level 4h it also holds, in minimal time frames it also holds, soo sl below lower low, tp on the higher key level Longby andy_1155Updated 1
DAX to turn positive?GER40 - 24h expiry The previous day's bullish engulfing candle led to further buying yesterday. 3 positive daily performances in succession. Short term momentum is bullish. Price action looks to be forming a bottom. Bullish divergence is expected to support prices. 14936 has been pivotal. A break of the recent high at 14936 should result in a further move higher. We look to Buy a break of 14941 (stop at 14841) Our profit targets will be 15191 and 15271 Resistance: 14885 / 14936 / 15000 Support: 14850 / 14800 / 14700 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.Longby OANDA112
#DAX - 01112023DAX was much bullish yesterday compared to US indices. 14820 was my sell level and it did give 70points but market closed near the highs. FOMC today and it is tricky. IMO it looks like a slow move up to go short into but still no signs yet. As mentioned, lows IMO are not in but yesterday's bullish close also points to a possible new high needs for a reversal. But if I would "insist" on my short bias, it would be on a break of 14760 and retest and rejection for a move lower.by FadeMeIfYouCan0
German 40 IndexPair : German 40 Index Description : Bearish Channel as an Corrective Pattern in Short Time Frame and Completed " 123 " Impulsive Wave. Rejecting from the Lower Trend Line to complete the " 4th " Impulsive Wave and Retracement for the Break of Structure Entry Precaution : Wait for the Proper Rejection or Breakout of Trend Lineby ForexDetective4
DAX Elliott Wave Analysis for Wednesday 01/11/2023In the higher time frame, we are working on a wave ((2)) correction down. The primary scenario is now suggesting that wave ((2)) is unfolding as an ABC. The five waves down from the ATH might also indicate a bearish expanded flat scenario. In the lower time frame, the final wave ((v)) of wave 5 of wave A looks incomplete. We didn't get our move down yet so the market might surprise us with an expanded flat structure.06:27by AndyCuckoo0
GER30 / DE30 Bulls are back! (for now...)clear break of structure here, higher highs and higher lows, following my fib levels for possible targets. European inflation came down this last month aswell, perhaps europe is healing? 2hour chart! not calling a perma bull or perma bull market. cheers Longby ChartCartel1
GER30 Toward RiseGER30 the price is rises till 14820, now trying to get 14955 , otherwise dropping and stability under 14620 will support the price to get 14460Longby ElenaMayi6
DAX Elliott Wave Analysis for Tuesday 31/10/2023In the higher time frame, we are working on a wave ((2)) correction down. The primary scenario is now suggesting that wave ((2)) is unfolding as an ABC. The five waves down from the ATH might also indicate a bearish expanded flat scenario. In the lower time frame, the final wave ((v)) of wave 5 of wave A looks incomplete. We didn't get our move down yet so the market might surprise us with an expanded flat structure.06:58by AndyCuckoo1
Ger30Ger30 D1 TF. Wait for price to break and retest the resistance in 4h tf. Selling opportunity till the weekly OB. Secondly price formed a reverse cup and handle pattern which also confirms a sell. No confirmation no entry 🚫🚫GShortby OwnBoss6194
Bigger FlatGreetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want to share my market analysis ideas based on the Elliott Wave Principle with you. I am a fan of this principle and follow all the rules and guidelines for analyzing the market. However, please note that my ideas are based on my personal experience and may change over time. If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes. It's important to understand that making an error in analysis is not a fault, but evading responsibility is. No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get. We analyze from multiple perspectives to consider all possibilities. Let's mention a few opinions and ideas! Based on mathematics. I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future. Thank you for your continued support, and I look forward to our mutual success. Best regards, Mr. Nobody Keep trying and never give up. Good luck! DShortby mehdi47abbasi796
Three Wave Corrective?!!!Greetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want to share my market analysis ideas based on the Elliott Wave Principle with you. I am a fan of this principle and follow all the rules and guidelines for analyzing the market. However, please note that my ideas are based on my personal experience and may change over time. If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes. It's important to understand that making an error in analysis is not a fault, but evading responsibility is. No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get. We analyze from multiple perspectives to consider all possibilities. Let's mention a few opinions and ideas! Based on mathematics. I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future. Thank you for your continued support, and I look forward to our mutual success. Best regards, Mr. Nobody Keep trying and never give up. Good luck! Longby mehdi47abbasi797
DAX Index .4HGER30 the price is rises, may be go till about 14810 . and from there will be down trend till 14460 . breaking 14810 will be uptrend, otherwise dropping and breaking 14620 will support the price to get 14460Shortby ElenaMayi8
#DAX - 30 October 202314620 triple support zone worked fine, as market based there and gapped up this morning, probably due to news on the end of the UAW strike for US. Nonetheless, weekly and monthly candles look bearish, thus IMO market needs to find a base before a good up move. One such possible move might be, market sell off first later, and rebounded sharply; if so, that could signify a near term low. Conversely, if market continue its move up, I will be more inclined to look for weakness for a short (given trend is still down) especially during US session. Looking for a short if 14720-50 for a move down to 14600 if it is traded first, or a long from 14480 to 14760 on a possible near term low.by FadeMeIfYouCan3
GER30 W Sell Continuation Idea 10/14/23GER30 is breaking structure bearish, bouncing off a W trendline, and has closed below the 50EMA (for those that use EMAs). This weeks candle closed with a large wick at the top and the body at the lower half of the candle. This is a bearish candle. Looking to take the entry to the next weekly low from March 2023. It is a little bit over a 1:1 tradeShortby cecediditUpdated 2
Ger 30 Let's look for entry to go long on the highlighted golden zone The price broke the structure and the price needs to retest before it keeps on pushing to the upper side What is your view on thisLongby murendi1