GERMANY 40 BUYTrying this buy. Good risk/reward. Probable trend reversal. I go in staggered on the 2 fibonacci levels, with same stack, trying to optimize entry. Do your own research. No financial advice. Be cautious.Longby BigPlanUpdated 114
✅DAX BULLISH BIAS|LONG🚀 ✅DAX is trading in an Uptrend and the index has Formed an opening wedge Pattern so IF we see a Bullish breakout then we Will be expecting a Further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFxUpdated 1131
GER 30 : More long orders are setting up for potential bull run A strong daily bullish close above the bull flag resistance would signal bullish rally continuation. by ChartsEmpire01Updated 2
DAX // primary expansionA countertrend on H1 was broken by a nice trigger candle that is visible on H4 as well, near the all-time high. At the moment, this long impulse's correction on H1 is valid, but if it breaks before the H4 TREND and the Daily TREND is broken, we can witness a very nice move towards the target zone.GLongby ZenScape0
The extension of the Bull marketDear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market. I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions. The first analysis is Litecoin In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily). I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished. Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Longby mehdi47abbasi799
SHORT IDEAPrice rallied up yesterday after the London Sessions following high impact news drivers. I'm anticipating a retracement lower to possible correct the move higher, and a possible reversal later in the day. Targeting the lows and taking partials at the annotated key levels and the consolidation area. Annotations and stops made in the chart. As usual, manage risk and conserve capital. Shortby Quantum_LabsUpdated 4
DAX at Resistance - again... - German economy is not in its best condition ever, no signals for rapid change in this matter - hiper optimism is still present out there and no signals it is going anywhere - technical levels work only if many traders observe them, - technical levels dont work if traders just buy without giving it a single thought - which is happening right now - thus this technical level will most likely be broken and DAX will add more gains... But you can keep in mind, that technical resistance @ 16950 is created by two Fibo Ext levels: * FE 61.8 of the impulse starting at the bottom of pandemia (green) *FE 0.5 of the impulse starting on Oct 22 2022 (yellow) Do you thing DAX will respect this resistance or it will ignore it? Shortby PetrBorosh1
SHORT IDEAAnticipating a move lower to the anticipated targets. Stop at 16812.1 Key anticipation: we have several news drivers in the London Session which could possibly prompt as reversal. Annotations made in the chart. Once the stop level of 16812.1 is taken, the idea is invalidated. As always, manage risk and conserve capital. Shortby Quantum_LabsUpdated 0
GER 30 Day chart Potential Bull flagA strong bull breakout could interest buyers for bull run continuation.by ChartsEmpire01Updated 2
The DAX could be at (or near) a swing lowIndex futures held their ground overnight, and the US dollar's rally is showing signs of near-term exhaustion. And that indicates a subtle change in sentiment ahead of today's open. The DAX found support at its 50day EMA on Wednesday, which is just above the 2021 high. Given a small-ranged bullish hammer formed alongside higher volume suggests a 'change in hands' between sellers to buyers, so we're on guard for a bounce. Bulls could seek to enter within yesterday's range with a stop beneath the 2021 high and initially target gap resistance around 16,490 - a break above which brings 16,600 into focus for bulls. However, as we suspect the US dollar is set to extend its gains after a pause in its rally and that equities are yet to make a decent retracement, we're anticipating another leg lower towards the support zone just above 16,000. Longby CityIndexUpdated 4
a daily price action after hour update - daxGood evening and i hope you are well. After such strong rallies, markets tends to form trading ranges instead of another trend in whatever direction. So today, we chopped back and forth. Which is bad for the bears because that means acceptance of higher prices. Only question is then, how high? Most indexes have obvious targets above, which i gave in my weekly outlook. I also said market is currently bullish and today further confirmed my thesis. dax Dax is inside a big triangle from the recent bull trend and the upper bear channel visible on the daily chart. Today was uneventful since we close 9 points above the open price. The tricky thing on a day like today is, that the 2 to 3 legged moves inside the range look strong with good looking signal bars that just turn around at support & resistance, tricking traders into believing a breakout is about to happen. That’s just something will learn to read with hard earned experience. Nothing else. short term: sideways to up medium-long term: down trade of the day: short from the open to globex gap close and test of fridays open and the long above bar 55 to todays open price. that could have been 150-200 pointsLongby priceactiontds1
Weekly Technical Anaylsis 22/01/2024Start your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. ----------------------------------------------------------------------------------- Germany 40 is displaying a neutral trend with price movements around the 20-period VWAP of 16,638. The index is supported at 16,446, with resistance at 16,811. The RSI is at 51, suggesting a balanced market dynamic. UK 100 has entered a bearish trend, as indicated by the price consolidation around the 20-period VWAP of 7,609.2. The support level has dropped to 7,412.5, and resistance is at 7,805.9. The RSI has fallen to 35, indicating potential for further declines. Wall Street shows a bullish trend with the price maintaining above the 20-period VWAP of 37,523. Support is found at 37,168, while resistance sits at 37,896. The RSI is elevated at 65, pointing to a strong bullish momentum. Brent Crude Oil remains neutral, with prices slightly below the 20-period VWAP of 77.84. The commodity has formed support at 76.21 and faces resistance at 79.47. The RSI is neutral at 48. Gold has shifted to a bearish trend, with the current price around the 20-period VWAP of 2,040. It has support at 2,011 and resistance at 2,069. The RSI has decreased to 45, indicating bearish momentum. EUR/USD is now in a bearish trend, with prices below the 20-period VWAP of 1.089. Support and resistance are at 1.085 and 1.103, respectively. The RSI is at 44, which could signal a continuation of the downward trend. GBP/USD shows a neutral trend, oscillating around the 20-period VWAP of 1.2706. The pair finds support at 1.2631 and resistance at 1.2786. The RSI is at 51, indicating a balanced market condition. USD/JPY is bullish, with the price above the 20-period VWAP of 145.07. Support is established at 140.54, and resistance is at 149.61. The RSI is high at 68, suggesting strong bullish momentum. by Spreadex0
BIGMANC 100$ MARKET STRUCTURE Hi Guys set up for VANTAGE:GER40 pure price action at its best.Reason for set up strong bullish momentum with a nice bullish flag.Very good for swing/day trading.After break of structure we can expect a 1000 pip swing....0813924018 for more infoGLongby oupakiec3
dax - a weekly priceaction recap and outlookGood evening and welcome to the 2024 early bull games. Something like that bears must have felt thursday and friday. S&P500 & Nasdaq futures are breaking out big time and are on their way printing new all time highs. That being said i still think the moves are part of their respective monthly trading ranges and we won’t trade far above. dax cfd Dax was early with the consecutive new ath’s and is now lagging a bit behind the bullish price action on us indices. So the biggest question into next week is, will we break above the smaller bear channel and join the us rally or are dax bulls done and every rip get’s sold? We had 3 legs down inside the bear channel, broke out of the triangle to the downside but bulls closed at the friday highs and above the daily 20ema. For me to complete this market cycle (trading range after the big rally from october), would be another touch of the upper bear channel. Which one? Doesn’t matter but i think the higher one around 16970ish will get touched or broken. Why? Let’s talk bull case first: Bears could not produce lower prices or big consecutive bear days below the 20ema. Bear channel held and bulls just bough everything under 16700. Bears tried 3 times and now they will probably give up to short higher again. Thursday and friday printed consecutive bull bars and it’s a buy signal. They want a retest of the ath or at least trade back to upper channel lines. Bear case: The ath at 17199.5 was done with a big gap up and the daily closed deeply red. Since then every attemp at 17000 was rejected. Not really surprising after printing multiple new ath’s in the last weeks. Bears see the the break below the triangle as confirmation for lower prices and thursday + friday as a retest of that breakout. They do not want the market to close above the smaller bear channel line around 16800 otherwise bulls will see this as a buy signal. outlook last week: sideways - good outlook since we closed a bit below last week short term: probably up but just slighty in my odds. if friday was a bull trap and bears can get strong selling pressure, i look for shorts. but i would also not be surprised if we close monday above 17000. medium-long term: down - what would change that? two consecutive daily closes above 17300Longby priceactiontds1
DAX on the Path to All-Time HighThe DAX has recently exhibited resilience after a multi-week period of weakness. Noticeably evident is the impulsive upward pattern, which typically concludes correction phases. Anticipating a further correction in the recent uptrend, we are initially awaiting a decline to 16,520 points before entering a long position. Our target is the All-Time-High, resulting in an attractive Risk-Reward Ratio of 3.8:1.Longby OchlokratUpdated 9
DAX H4 | Resistance overheadThe DAX (GER30) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 16,797.48 which is a multi-swing-high resistance that aligns close to the 100.0% Fibonacci projection level. Stop loss is at 16,900.00 which is a level that sits above a multi-swing-high resistance. Take profit is at 16,386.44 which is a swing-low support. 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. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. 72% 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 Trading 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.Shortby FXCM2
DAX trade ideea Plan the trade, trade the plan. I am expecting price to clear the BSL (16442.7) before entering the 4h FVG (16446.5 - 16501.5) . I am expecting it to reach the FVG in London Session as an Manipulation continuing down for the SSL (16349.5) after London Session, depends on how the markets works i am considering selling tomorrow.Shortby AlexRacariuUpdated 1
DE40 / TECHNICAL ANALYSIS / 4H Hello friends, On the 4-hour chart of the CAPITALCOM:DE40 pair, my first target is 16,346, and the second target is 16,143. Best regards, You can express your appreciation by clicking the like button and the follow button for the analyses we have meticulously prepared for you; we've invested time and effort on your behalf. Feel free to share your thoughts and questions in the comment section. Good luck. Shortby TraderTilki3
2024-01-18 - dax price action update Good Morning, i could see dax breaking out of this bull channel to rally upwards. I'd look only for longs here. Here is my recap from yesterday after hours to give more context: Let’s look at the 1h tf because today closed 10 points above the opening price. That tell’s you enough. Opex sold off 100 points to eu open and bulls could not get this above 16560. Bears tried multiple times to push this below 16500 but every attempt was bought. One side tries to push the market into a direction just so many times before they give up. This brings us to an adjusted big lower bear channel line so market is free to move up imo. We will trade sideways to up in the globex session which would bring the 1h 20ema closer or we can get above it. More reasons why we market could go up. Bar 10 + 16 today formed a double bottom and bar 16 + 19 could already have set the new bull channel upwards. If you look at the daily chart, you can clearly see 3 pushes down and an expanding triangle. Lows from 2023-12-18 + 2024-01-05 + 2024-01-17. Do i have a short term bear case? Not really, i think the odds that we break below that channel and close low are below 25%. short term: up medium-long term: downLongby priceactiontdsUpdated 0
GERMANY DAX has reached the FIB TARGET= EVENT SOON IS MAJORThe DAX has reached the Fib relationship in my forecast .WARNING EVENT IS NOW IN THE PRICE AND WE ARE NOW IN THE TIME WINDOW OF SEVEN SPIRALS by wavetimer6
DAX - KOGWe had a plan on this to long from below and were looking for the higher level to react. So far so good so we'll stick with the plan to go lower unless we break above resistance. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG by KnightsofGoldUpdated 23
DAX sell ideea I am expecting price to have a little up move reaching for the first FVG (the one that is higher) before taking the SSL that is around16480.00.Shortby AlexRacariuUpdated 2