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Germany 40, Daily

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Germany 40, Daily forum


DE40.F where we going above 24k or below

GER30 One last dropp down then up. My small play now
Snapshot

DE40 so the last strong short term bearish wave, meant to sweep the liquidity in my point of view.
We are bullish as long the 2h candles do not close under 23600/23595

SL is at 23520 (great risk reward ratio)
TP1 23970
TP2 24020

That is my plan and set up.

DE40 I have a question please,
Is it often that Dax is mirroring GOLD?
Both of them move very wired together today whilst other indexes not! So I wonder.
Gold I said there it is bearish
These past few movements in last minutes are exactly same as in gold!

Advice: as long the 2h candle did not close under 23600 then that is a trial to force you to close your long positions or hit SL. And I will stay in my long as long the 2h doesn't close under 23600/23595

Today the rate interest will be announced. So today will be crazy in volatility. So worth to pay attention to that.

GER40 Asset: 🇩🇪 GERMANY 40 INDEX CFD (Swing/Scalping Trade)
Plan: Bearish (Pending Order Thief Plan)

⚔️ THIEF PLAN STRATEGY
Entry: Support Zone Breakout @ 23,500⚡

Layering Strategy: Multiple Sell-Limit “layers” @ 23,650 / 23,600 / 23,550 / 23,500 (Thief layering method allows scaling entries after breakout confirmation).

Stop Loss: Thief SL @ 23,750 (adjust to your own risk appetite).

Target Zone: Oversold & support trap area near 23,300 🎯

📌 Thief Reminder: Always set alerts in TradingView to catch the breakout easily. Both SL and TP are flexible — adjust based on your own strategy and risk management.

DE40 hi guys,
The two conditions I sat for the bullish continuation happened.
2h candle went to the downside and bounced up from 23589 by point and bounced up from!
And no 2h candles closed under 23600.

So we are currently in so strong bullish wave and we caught it from its beginning (I assume that)

Moreover, you will notice on the 2h frame a clear double bottom formed too.

So 23600 is my support on the 2h frame.
Once it will be broken by 2h candle (closing price) then we know that further down moves could happen. But till that happens, I am bullish.

GER40 / DAX (CFD) – 23,602.6
Index consolidates above 23,500 base support.
Buy signals if sustained move above 23,700 occurs.
Targets lie at 23,850–24,000.
Bearish cues if price slips under 23,500.
Next support at 23,300–23,150.
Bias: Bullish above 23,700, bearish below 23,500.
Snapshot


GER40, (DAX Index) 23hr Projection — Close 23,602.6
The index is consolidating above 23,550 support, with momentum favoring mild upside.
Buy entry favored on dips near 23,520–23,550, targeting 23,750 and 23,880 if momentum holds.
Key resistance sits at 23,900–23,950, where profit-taking may emerge.
Failure to hold above 23,520 opens downside risk to 23,400–23,350.
Short entries become favorable only under 23,500, targeting 23,350.
Bias remains cautiously bullish while above 23,520.
Snapshot

DE40 hi guys,
The bullish scenario in Dax to me like that:
If the current 2h candle close above 23600
The coming candle could move up straight or could go back to 23580 then back to the upside and close higher than the closing of the current 2h candle.
I had to filter the chart and use the big time frames to give me the big image.