Daily analysis & day trading setups on DAX DE30EUR 20220818

Updated
Happy Thursday, Happy Janmashtami

What a move on DAX yesterday. As it has now broken 13510, 13510 becomes line in the sand. Break of that will open up 13360 & beyond

Macro EU HICP, ECB Schnabel Speech - US Jobless Claims, Phil Fed Mfg Survey

Buy
Break: 13 690, 755, 805, 850, 915
Reversal: 13 595, 530, 450, 365, 290

Sell
Break: 13 600, 540, 455
Reversal: 13 700, 770, 815, 870, 930, 995

I regularly publish my daily analysis & trading plan for day trading setups. The links are here:




Green Goblin levels are here >>>
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Fibonacci Confluence levels are here >>>
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Trade closed manually
#Trade 1: Anticipatory entry @ top of supply zone 1

#ShortTrade 13768
SL 20 pts
TP1: 3:1 ✅ 1/3rd
TP2: 6:1 ✅ 1/3rd
TP3: 3:1 ✅ 1/3rd
240 pts >> 80 pts

Why trade more when you can #TradeLessEarnMore

#WinningThursday

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Comment
#DAX30 was expectedly ranging after big move on Wednesday

Still played well with published plan

1 #Trade >> +240 pts averaging to +80 pts overall

#TradeLessEarnMore

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dailyanalysisDAX Indexdax30dax40daytradingGERMANY 30FibonacciPivot PointsSupport and Resistancetradingideas

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