DAX Index DEU30

DAX is reaching the 61.8% of the Fibonacci retracement of the latest swing down and the second half of the Pitchfork channel 12750 level. This level could provide a significant resistance for the upside.

I had a few ideas removed from the site as there were links in the descriptions. I am re-posting those Ideas without the links. This is a good setup on the DAX 0.38% for those who trade patterns like H&S . The slight downward slope on the neckline is usually a good sign that the pattern will be reliable as a trend change pattern. This will obviously take some ...

All the technicals are on the chart, no need to say much. My targets are also displayed. Also note how the the H&S is less than 1/3 of the total distance of the uptrend therefore there is tons of upside to reverse. The ideal strategy for this kind of setup, in my opinion, would be to set sell stop orders below the neckline. If the analysis proves to be right ...

DAX30 long short possibility

The Dax has reached the MoB line after the last analysis and thus the counting method has been adjusted and set to ongoing correction. Current we are as the momentum shows, in the middle of a wave 3 of the c. This should run up to the range 12,113, correct in a short 4 and then tackle the 12,000 points. Important NOTE. The MoB 11,725 points may not be touched.

not very confident about this expanded flat count but it is possible. if the rally from 11726.6 is the first wave of final 5, we should expect another wave ii pullback that may offer opportunity to trade for the upside.

Retrace 12356 go long, tp1: 13166, tp2: 13580, tp3: 14500

The ones who have followed me on the DAX know i have waited very patiently for the correctional wave to end. Ever since i called the the start of the bear market from around 13.440 (futures price) i knew were going to see an ABC wave that will end with a very big bull trap. Where i pointed out the reversal we saw the market created a very nasty bear trap on ...

I don't trade stocks but the price principles are the same across asset classes and once you understand how to read buyer-sellee dynamics, you will be able to interpret any chart. The DAX broke it's 20 SMA a while back and is about to confirm the retest which is an important pattern. A break of 12,000 would open the room for more downside and it could start a ...

a

test

Looking for a bounce from the demand level of this market

Comments on the chart

DAX is testing the upside confluence of resistance 12550-12650 zone. This zone is also the downside support zone. There is higher probability for the downside reversal here after the couple of upside days. Look at today daily close for the possible trade entries.

Trade Alert Certainly, nothing is fur sure and especially, when you have an index that is starting to range between the 12450 and 12150. This is where DAX might get stuck for a while. But that doesn't mean that we could not try and squeeze something out of it. This is a potential trade scenario for today, so please see the chart for details. Never forget your ...

He plays us normally

Will grow to 14000 or more

After ending of 5th wave in 1920 price area will pivot to bull trend. But now is short-term short position.