DAX Elliott Wave Analysis for Thursday 12/10/2023In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (2) correction can be finished. If the upward move fails, several bearish scenarios can be considered.10:55by AndyCuckoo0
Let DAX do it's liquidity grabThe German benchmark index recently recorded an increase of several hundred points. Nevertheless, volume remains weak and volatility low. Enthusiasm looks different, one might say. This mixed situation offers us the opportunity for a lucrative short trade with an RRR of 3.2:1. There is a lot of liquidity in the target range, which the market would like to pick up safely before it starts the year-end rally.Shortby Ochlokrat1
DAX is topping short term. Fast profit opportunity.DAX trade excatly as expected last time (chart at the bottom) making a new Low in the established Channel Down. The price reached the 0.5 Fibonnaci level today, a reading which formed the August 31st Lower High on the other -6.50% bearish leg. Sell now and target 15150 (Rising Support) but close if it reaches first the 1day MA50 as the MACD Buy Cross can completely reverse it long term. Previous chart: Follow us, like the idea and leave a comment below!!Shortby TheCryptagon999
✅DAX BEARISH BIAS|SHORT🔥 ✅DAX will soon retest a key resistance level of 15,539 So I think that the index will make a pullback And go down to retest the demand level below at 15,360 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx4426
DAX Elliott Wave Analysis for Wednesday 11/10/2023In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (2) correction can be finished. If the upward move fails, several bearish scenarios can be considered.12:48by AndyCuckoo0
GERMANY 30 MovePair : DE30EUR - Germany 30 Description : Bearish Channel in Short Time Frame and Long Time Frame as an Corrective Pattern , In LTF its Rejecting from the Lower Trend Line and in STF it has Breakout the Upper Trend Line. Break of Structure and Divergence Entry Precautions : Wait until it Complete its Retest or Rejects from Previous Supportby ForexDetective2
Lets test it outIt is really not a big deal, but not totally without risk. The market candle on 15min show weakness and it could go southside, but not a lot bc the overall trend is still intact.Shortby ralffritz212
GER40 possible bearish continuationAfter price broke structure to the downside, it retraced and formed trendline liquidity below an extreme supply zone that was left behind during the expansion. Price could now use this supply and liquidity to fuel its move down to take out the weak low. Shortby BlackTygaTrades2
combined result of -0.35Here I will document my trades to keep track of them and ask you to comment. The trades are based on a spreadsheet that combines common trading approaches. In the next posts I will explain them in detail. At the moment I have a combined result of -0.35. That triggers a signal short. Signal -0.35 DAX ShortShortby FranzFromBavaria1
combined result of +0.29Here I will document my trades to keep track of them and ask you to comment. The trades are based on a spreadsheet that combines common trading approaches. In the next posts I will explain them in detail. At the moment I have a combined result of +0.29. That triggers a signal long. Signal +0.29 DAX Long Longby FranzFromBavariaUpdated 3
GER30 H4 | Bearish reversal off 161.8% fibo?Price is approaching our sell entry at 15406.6, which is at the right shoulder of the previous H&S pattern formed. There is also fibo confluence there, which are 78.6% fibo retracement and 161.8% fibo extension. Our stop loss is at 15513, which is above the major swing high resistance level. Take profit is at 15277.3, which is a pullback 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. Short03:38by FXCM3
GER30 SHORTDAX is still in a relatively strong bearish trend. Market looks to be breaking out to form a bullish trend but before it can continue pushing to the upside it must retest its break out point. There’s a strong resistance ahead which can push price lower to retest before continuing with its up movement Shortby MphoNong1
DAX Elliott Wave Analysis for Tuesday 10/10/2023In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (2) correction can be finished. If the upward move fails, several bearish scenarios can be considered.05:45by AndyCuckoo0
DAX has started the new Channel Down bullish legDAX hit last week the bottom (Lower Highs trend-line) of the Channel Down that started after the July 31 High. Technically that is a short-term buy signal, aimed at the 1D MA50 (blue trend-line) and the top of the Channel Down. Our current target is 15500 (also on a +3.70% symmetry with the previous bullish leg of the Channel). A 1D candle close above the Channel Up will be a bullish break-out signal targeting 15920 (0.618 Fibonacci retracement level). But until it does, the trend will remain bearish within the Channel Down, targeting the 1W MA100 (green trend-line) at 14750. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot119
GER30: Thoughts and AnalysisToday's focus: GER30 Pattern – LH - Lower support test Support – 15,055 - 15,015 Resistance – 15,287 - 15,504 Hi, and thanks for checking out today's analysis. The GER30 daily is today's focus. Due to the tragic events over the weekend, we have seen stock futures trading lower into the new week. The GER30 is testing Friday's firm finish and could be forming a new lower high. The key here will be if sellers can be price back down to test 15,055 - 15,015 support. A break set up a continuation of the med-term downtrend. If buyers can reject today's selling and break back above Friday's high, this could suggest a new higher leg and a possible test of 15,504. Good trading. GShort02:45by Eightcap0
Go short on ger30Ger30 looks like it’ll continue selling, long term technical analysis Shortby pulemainamotsoeneng0
Go short on ger30Looks like ger30 will continue to sell, long term analysis Shortby pulemainamotsoeneng0
DAX ascending channel upward movement and the trend line RDAX moving on the 12M ascending channel got a trend line resistance, also it is forming an ARC pattern which could result in slowdown in the index also a possible downtrend for few coming years, if ,it continue with ARC pattern, otherwise, it will try to reach the above horizontal channel level and will decide further movement from that level by omvats1Updated 14
GER30 OVERVIEWThis week we looking to clear up the buys🐮 before we can continue with the our down trend for retest 🐻GShortby wealthsmith230
DAX Elliott Wave Analysis for Monday 09/10/2023 (+ Higher TF)In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (2) correction can be finished. If the upward move fails, several bearish scenarios can be considered.16:49by AndyCuckoo0
GER30 - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on GER30. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to go a little bit higher to fill the imbalance and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSD11
DAX Analysis- W1->H1 by a Certified Financial Technical Analyst📈📍Weekly is in a Downtrend with a Lower Highs and Lower Lows series. 📈📍Daily still in a downtrend but with a bullish Engulfing Reversal Price Action- As Daily is down, we will still be looking for shorts- for swing trading, However, 📈📍 Hourly turned upwards with a solid, valid breakout, creating a new market structure with HH, and we are waiting to form the new HL. There is room for the price to move until the next area or resistance, and on the lower time frame, scalping strategies may be applied. To align with the Daily direction, we want to see the Hourly Chart to create a reversal price action and bearish reversal divergence in the RSI from an area of Daily Resistance. 💬 please let me know your thoughts and your thinking process by MarketMindsMastery1
DAX Elliott Wave Analysis for Friday 06/10/2023There are some signs in favor of a reversal which means that the corrective WXY structure down can be finished. However, at this moment, we are still bearish in the daily and the weekly timeframe.06:50by AndyCuckoo0