Daily analysis and trade setups on DAX Ger30 20220725

Dax is at a pivotal point. Brown Zone B is in strong play. I think it will go where the US markets go. Wednesday's FOMC will keep markets in a tight range.

Macro movers: Germany business climate index

For immediate direction, as far as it remains above 13100, it is in bullish zone.

Blue zones C and B are also in play.

Buy
Breaks: 13225, 13270, 13350,
Reversals: 13100, 12990, 12900, 12830, 12750, 12670, 12620

Sell
Breaks: 13080,12970, 12920, 12850
Reversals: 13370, 13440, 13480, 13550, 13600

For more precise levels, here is the Green Goblins chart >>

tradingview.com/chart/invq78hL/

Confluence levels are here >>

TradingIndian

Find my daily analysis + trades live & FREE 🆓 💰
👉🏼twitter.com/trading_indian

Learn my strategy and get indicators & tools 👉🏼tradingindian.com

Also on:

Related publications

Daily analysis and trade setups on DAX Ger30 20220722

by TradingIndian

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.