DAX to 18000DAX is forming a large Diagonal. 3rd wave, ABC formation, wave C seems started after expanding triangle, wave B, completed by the last wave Ⓔ truncated.Longby MasUpdated 7
ger30ger30 overview trading away for premium price range , gaining liquidity . outlook overall bearish due to sessions changing and sessional cost of in commodes are impacted such gas and clothing .Gby caylibhendricks0071
LONG ON GER4015622 I expect a long swing for ger40 but let's continue monitoring it any other ideas?Longby sizwedlaminiforex0
GERMANY 30 / 40Germany 30/40 is in a Distribution phase B, currently price is about to form ST(b) based on Wyckoff phase patterns. I will be expecting a drop as price raided liquidity from the 2022 high forming the UT (upthrust). This is going to be wave 4 based on Elliot Wave. This is may Trading plan in the next coming months and weeks. I will be expecting a last push to the upside next year forming the UTAD (upthrust after distribution then a big drop to the downside until the 6790 zone ... If you find value in the above Analysis smash the like bottom and let know what are your views. Thanks by wtdlamini224
German DAX 2024 ExpectationI have broken down my prediction from both a fundamental and technical point of view below: Fundamental: The German economy has been one of the largest underperformers in Europe since the invasion of Ukraine by Russia, with its GDP currently still 0.2% behind that of when the invasion first occurred. Economists are currently forecasting a strong recovery in GDP, with the upcoming four quarters of the new year all showing growth of between 0.2% - 0.5%. The estimate that Germany will see four quarters of GDP growth next year is not one that I see likely, especially with Germany being a nation which is a net exporter. Developed nations around the world have aggressively hiked interest rates in a bid to slow consumer spending and curb inflation, however, the impacts of these rate hikes are not typically felt until 12 - 18 months later. In 2024 there is approximately 50% more US corporate debt($800bn vs $550bn) due to mature than there was in 2023 (Ref: Goldman Sachs). Many corporations will suffer from refinancing at higher rates, which will in turn have a significant impact on the US economy, as unemployment levels rise. This will drive a reduction in demand for luxury German exports and could see Germany turn into a net importer, due to it's energy dependency. Technical: The recent surge in the indices over the last two weeks is beginning to show signs of exhaustion, with indicators now flashing overbought readings. The expectation is that there will be consolidation in the short term, before a final move higher to complete the five waves. In the new year I expect to see a topping pattern form, such as the head and shoulders pattern shown. Seasonality depicts that the first three months of the year are poor for the DAX, with a rally seen from mid March through to the end of April. This will be the first wave down to the horizontal support zone at 14,650, with a bounce in April, back to the volume shelve at 15,200. The third wave will coincide with seasonal weakness from May - July and the first quarter miss in GDP estimates. The end point of this structure will be the trend line established at the start of 2021, depicting a price of 9,300.Shortby Doddle3
DAX - soft landingAfter a period of high inflation, there comes a time when the market suffers from recession. The index did not break HH - the peaks of 21 and 23, so it will probably go down again to test the SMA - the moving average indicator, as it was in previous periods. I think we had a local dip now and a slight hump is forming to go down to 13800 levels. Good luck.by dolphinfromegypt1
DAX: Overbought and approaching August's Resistance.DAX turned overbought on the 1D timeframe (RSI = 71.962, MACD = 124.900, ADX = 41.751) as it closed its 9th straight green 1D candle and is approaching the R1 level (16,050). This has been the Resistance since the start of August. The index is in need of a technical pullback otherwise this rally won't be sustainable. We will short next week's opening near the R1 and aim for the 1D MA200 (TP = 15,670), which is at the top of the S1 Zone. That is a Symmetric Support Zone holding since April 5th, only broken downwards in September's selloff. See how 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. ##Shortby InvestingScope8
combined result of +0.41Here 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 +0.41. That triggers a signal long. Signal +0.41 DAX Long Longby FranzFromBavariaUpdated 442
DAX to continue in the upward move?DE30EUR - intraday There is no clear indication that the upward move is coming to an end. A Doji style candle has been posted from the high. A lower correction is expected. Preferred trade is to buy on dips. 20 4hour EMA is at 15694. We look to Buy at 15705 (stop at 15605) Our profit targets will be 15955 and 16005 Resistance: 15869 / 15900 / 16000 Support: 15778 / 15712 / 15650 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 OANDA3
combined result of -0.37Here 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 -0.37. That triggers a signal short. Shortby FranzFromBavaria442
GER40 - Bearish DivergenceStrong bullish price activity displaying irrational exuberance. Be prepared for reversion by using trailing stop entryby fugutrader0
Bull flag on DAX - 15 minAt the open we sew a run-up on raising volume and then the whole morning we see consolidating on minimal volume. For those of you who are fans of indicators - Stochastic is not in a good position for a long, but in case some reverse divergence forms later on the 15 min or the 30 min that will add up to the odds for an explosive move up. If I see a breakout out of the flagging structure, I will take it. If the 10 and 21 EMAs stop holding the price and there is a bigger correction will reconsider, then maybe a spring setup will be an option. Also, 15785 is a viable area where we can see an AB=CD reaction and a potential Spring up might start. For sure we'd need a close below the previous low with a good entry bar. If that bar closes above the 10 EMA this adds greatly to the odds for at least a 1 to 1 trade.Longby TheSpringHunter111
Seeing daily bullWe broke out of the bearish flag and gave us a continuation correction to the upside so we entered after the correction GLongby tshepokgasi110
DAX Short Looking to short the Dax from around 15550. Confluences- Big 50% Fibo Intra Key Level. TP 1 I will be removing most of the position as I am not sure if it will continue down from this point and TP2 I will close fully. Will look to see if other Indices are lined up to a tradable area if the Dax reaches there. Shortby FalkenFx2
DAX a buy to resistance after brake trend line i think it goes to test the Resistance price.Longby aminrichman1
DAX Watch this low risk November trading plan.It's been a bit long since we last took a trade on DAX (DE40) but it didn't disappoint as it hit both our buy and sell targets (see chart below) within the 3-month Channel Down: The rebound took place within the 6-month Support Zone and slightly under the 1W MA100 (green trend-line), similar to the March 20 rebound. The fractals are identical as they both rebounded aggressively, indicating strong demand inside the Support Zone. Both also formed a strong 1D MACD Bullish Cross straight after they bottomed. The price is now on the 1D MA50 (blue trend-line) at the top of the Channel Down, and the last two days failed to close the 1D candle above the MA50, despite breaking it. The Resistance pressure is getting stronger since this is also the 0.382 Fibonacci retracement level from the July 31 top. As a result, we are willing to sell the Lower Highs top of the Channel Down and target 15050 (can go even to the 0.618 Fib level but we seek short-term exposure for now) but only as long as the candles close below the 1D MA50. Upon the first 1D candle closing above the 1D MA50, we will take the loss and resume buying, targeting the 1D MA200 (orange trend-line) at 15635. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot3318
GERMANY 30Pair : Germany 30 Description : Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Completed the Retracement. If it Breaks the Daily Descending Trend Line and Retest then Buy otherwise it will Complete its " 5th " Impulsive Wave Entry Precautions : Wait for the Breakout or Retestby ForexDetective4
GER 30 - Expecting some bearish price action this week TVC:DEU40 GER30 is delivering bullish PAs inside a monthly imbalance so I am long term bullish. However, I am expecting some pullbacks into some discount.GShortby Tick-Profits3
Almost 10'000 Days of divergences for the DAX.1st July 1997. The DAX made a all time high RSI value of 92.98. Ever since each high the DAX has made has had a price high whilst the RSI being considerably lower. Ever so recently the DAX Made a double top with a lower histogram on the MACD indicator suggesting that momentum has slowed. With divergences on such a wider timeframe this usually means a change in momentum for quiet some time. MACD histogram being one of the strongest signals one can rely on. This suggest that the price of DAX index may suffer as the US economy heads into a recession. Germany already suffered from 3 consecutive quarters of Negative GDP Growth. If this chart is correct and it is expected that the DAX will suffer further decline then a interesting comparison would be to compare the DAX/SPY to see if it is expected to overperform as a comparison. Upon analyzing this comparison it has come to my attention that recently the DAX/SPY had bounce of the standard 2 deviation from its long term regression trend. As seen here. More to my attention it currently has retraced to the local 0.5 Fibonacci Retracement Level If it does not find support hear and follow through on its inverse H&S pattern due to US seasonality in markets it may just find support on its 2nd Standard deviation and still form a little less obvious H&S. A recent example of this pattern was displayed in another major indices. The Nikkei 225. However this comparison inclining was a result of the Nikkei inclining I do not expect the DAX/SPY comparison reverting to its mean as a result of this. Due to macro economic factors of less GDP expected for Germany and a slow down in the US Economy. It may be expected that the DAX touches its second standard deviation one last time before the end of this market downturn. Which may lead to another yet but 25% retracement. Shortby Ryan1993Updated 1
GER40🤍🔥Let the trend be your friend 🔥🔥 A sweet BULLISH awaits us.. Let trade GER40🤍Longby GEMINIFOREXTRADE0
Let's just see what happensThe market is not giving any real signals and a real bull trend cannot be identified. But if I had to pay my rent tomorrow, then this would be a possible but definitely risky optionLongby ralffritz21110
GER30 (DAX) - Short active ✅Hello traders! ‼️ This is my perspective on GER30. Technical analysis: Here we are in a bearish market structure from daily perspective, so I am looking for a short position. I expect bearish price action from here as price filled the imbalance and rejected from bearish order block. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSD9917