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DAX Index

DAX - Watch this mark!Hi Traders, for the German Index DAX we clearly see a very important zone: 15.450 There are 2 possible Scenarios. Scenario 1: He market accepts the support zone and we see a reversal. Then we can trade a pullback to 16.000. Scenario 2: The Support will break. Then we expect sharp movement to 15.000 - following a pullback to the former support (which will then become resistance). Next bigger support is for this case at 14.500 Right now the decision is open and we should also cleary watch the FED interest rate decision and conference tomorrow as German market often follows US indicies. Wish you all great trades! Team tegasFX
CAPITALCOM:DE40
by tegasFX
DAX: Pullback buy opportunity, very stable consolidation range.DAX formed a Bullish Cross between the 4H MA50 and MA100 but dropped sharply, the same kind of sell-off (proportionally) it had on the previous MA50-100 Bullish Cross (July 31st) which was a structured top. Opposite to theory, the Bearish Crosses have marked the bottoms. In any case, the 1D technical outlook is neutral (RSI = 51.653, MACD = -44.700, ADX = 19.555) and that is largely due to the 0.236 - 0.786 Fibonacci range which has kept the index consolidating since almost the start of August. Consequently any pull-back near the 0.236 Fibonacci would make an ideal buy entry. We will target a little under Fibonacci 0.786 (TP = 15,900). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
1
DAX Index Is Forming This Decisive Ascending-Wedge-Formation!Hello, Welcome to this analysis about the DAX Index in which we are looking at the 4-hour timeframe perspectives. In trading, it is always necessary to assess the market by a neutral perspective to come up with the most possible scenarios and move on with the opportunities resulting out of it rather than over-speculating the market into a one-sighted direction in which one does not have an exit plan and gets overwhelmed by circumstances when they show up. In this case, now I discovered a very interesting formation developing in the Dax Index and what are important factors, upcoming determinations, and aftermath-developments we should consider in this structure. Structural Developments: As when looking at my chart now we can watch there how the Index has emerged with this major ascending-wedge-formation in the structure marked in my chart with the black boundaries. Within this ascending-wedge the Index has the coherent wave-count with the waves A to E almost all already completed and now the index already showed up with an increased bearish pullback from the 15800 level in which it is testing and penetrating the lower boundary of the formation now again. Furthermore, it is necessary to register that the index moved below the 45-EMA marked in my chart in red which was previously support and is now a strong resistance by which a pullback is highly likely. Upcoming Determinations: Taking all these factors into the consideration the index is in a decisive situation now as when bearishness increases further in the near future this will lead to a breakout below the lower boundary and such a breakout, as it is marked in my chart, will complete the ascending-wedge-formation bearishly to the downside and the index will highly possibly move on with further bearishness to the downside. The final wedge-completion will activate the targets within the 14800 level marked in my chart in blue and when these targets are reached the situation needs to be elevated anew, it is also strong support therefore a stabilization in this structure has increased potential. In this manner, thank you for watching my analysis about the DAX Index and the important decisive ascending-wedge-formation currently forming, great when you support it with a like and follow or comment, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
XETR:DAX
by VincePrince
5
DAX Elliott Wave Analysis for Friday 15/09/2023 (+ Higher TF)For traders (lower timeframe): The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). In our move down, we should first see some upside as a wave ((b)) or wave ((2)). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY. For investors (higher timeframe): In the higher timeframe, the higher level wave ((1)) is probably finished. There is also an alternative scenario where we can make one more high to finish wave ((1)). This wave ((1)) should be followed by a wave ((2)) to the downside which is an interesting buying opportunity for investors. The wave ((2)) is currently unfolding as a WXY structure. Investors should buy the Y leg.
OANDA:DE30EUR
by AndyCuckoo
DAX Rebounding on this Support.DAX / Germany 40 is technically stuck inside the 1day MA200 (support) and 1day MA50 (resistance). Friday's bullish reversal to close the 1day candle flat, paved the wave for today's green candle. Following August's 18th Double Bottom that started the Rising Support (that has closed all candles over it), we expect a continuation of this rise, at least on the short term. Buy and target 16045, which is a little under Resistance A. Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:DE40Long
by TheCryptagon
5
DAX Elliott Wave Analysis for Monday 11/09/2023 (+ Higher TF)For traders (lower timeframe): The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). In our move down, we should first see some upside as a wave ((b)) or wave ((2)). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY. For investors (higher timeframe): In the higher timeframe, the higher level wave ((1)) is probably finished. There is also an alternative scenario where we can make one more high to finish wave ((1)). This wave ((1)) should be followed by a wave ((2)) to the downside which is an interesting buying opportunity for investors. The wave ((2)) is currently unfolding as a WXY structure. Investors should buy the Y leg.
OANDA:DE30EUR
by AndyCuckoo
DAX Trading plan within this 1H Channel DownDAX is within a Channel Down pattern on the 1H time-frame and just bounced back to its top (Lower Highs trend-line), hitting the 1H MA50 (blue trend-line) immediately. As long as the price remains within the Channel Down, sell and target the Inner Lower Lows trend-line at 15525. With the 1H MACD just forming a Bullish Cross that high for the first time since September 01, it is equally likely to see a bullish break-out above the Channel. We will buy if it breaks above the 0.5 Fibonacci level, which should coincide with a 1H MA200 (orange trend-line) test. In that case our target will be 15940 (the 0.786 Fibonacci). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:DE40Short
by TradingShot
6
DAX: Low risk buy here but exit below the 1D MA200.DAX got rejected on the 1D MA50 and pulled back to the bottom of the Channel Up again. The 1D technical outlook turned bearish (RSI = 43.037, MACD = -52.700, ADX = 29.821) a closing under the 1D MA200 confirms a long term bearish reversal. Until that happens, we will be bullish on this bottom structure, targeting R1 (TP = 16,530). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
7
DE30EUR to form a higher low?GER40 - 24h expiry Intraday signals are mildly bearish. Trend line support is located at 15700. Preferred trade is to buy on dips. Prices expected to stall near trend line support. We look for a temporary move lower. We look to Buy at 15713 (stop at 15613) Our profit targets will be 15963 and 16013 Resistance: 15800 / 15900 / 15960 Support: 15772 / 15700 / 15600 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURLong
by OANDA