DE30 Sell the resistance.GER30 - Intraday - We look to Sell at 15588 (stop at 15645)
Short term bias is mildly bearish.
20 4hour EMA is at 15570.
50 4hour EMA is at 15600.
Pivot resistance is at 15603.
Preferred trade is to sell into rallies.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Our profit targets will be 15421 and 15401
Resistance: 15550 / 15600 / 15630
Support: 15500 / 15470 / 15450
Dax30
DE30 Sell the downtrend.GER30 - Intraday - We look to Sell at 15658 (stop at 15711)
Trend line resistance is located at 15650.
The trend of lower highs is located at 15650.
The previous swing high is located at 15675.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 15515 and 15495
Resistance: 15650 / 15670 / 15700
Support: 15600 / 15550 / 15500
DE30 Sell the downtrend.GER30 - Intraday - We look to Sell at 15641 (stop at 15691)
Trend line resistance is located at 15640.
The trend of lower highs is located at 15650.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
We are trading at overbought extremes.
Our profit targets will be 15501 and 15481
Resistance: 15650 / 15670 / 15700
Support: 15600 / 15550 / 15500
MASSIVE BEARISH ABCD Harmonic Pattern in DAX30Hello everyone,
I spotted this MASSIVE ABCD harmonic pattern in the German DAX30, and wanted to share a few details about my current DAX 30 short trade.
in order for you to understand what I am talking about I added this snapshot of the whole ABCD structure:
(TMF: Daily)
The retracements/extensions:
As you can see, the B-C move retraced exactly as far as 0.382 of the A-B move.
While the C-D move extends as far as 2.272 of the initial B-C retracement.
While 2.272 is a very uncommon extention number for C-D moves, it still is a valid number, and I consider it worth a try.
In order to confirm the potential mega-short chance, I took a look at the RSI and spotted a huge divergence in both, the 24h and 72h timeframes.
RSI settings: standard except the range, which is set to (8):
About the actual trade:
My stop is set slightly above the most recent high, as we may still see a recovery and I don't want the trade to immediately get stopped out.
In terms of profit taking:
I attached a FIB retracement from D to C, and each of the displayed Fibonacci numbers will be partial take profit levels. My final take profit is sitting on 1.618.
If any of that actually came true, then, yes, this would be yet another historical mega-crash of even greater scale than the 'Corona-Crash'.
Feel free to comment your opinion or to hit me up and share your current analysis if you disagree :)
in comming week = 15500 support and 3angel pattern in focuspinbar on daily chart push dax up
AC 4hour is red now but cant move dax down so with little up move ,can turn green and dax fly up
buystop= if dax can break red trend line can fly up to 16000 (60%)
sellstop= if dax break 15500 can crash to 14850 (40%)
green arrow powerfull place we must put limit order with sl=40 (hold 15 day until new high)
weekly chart ,long term target= dax in way to 17000 (according fibo on crona crash)
advice= 90% looking for buy specialy when AC 4hour is green (AC 30min is in down,full red want turn green)
100% put SL in 15min chart high,low ,,,like gold ,dax can explode 1000 point too
take look on COT data , larg banks and big funds money managers (they buy near 200.000 lot sp500 futures)
prnt.sc
prnt.sc
FDAX analysis: turnaround dates and important zonesCurrent analysis of the FDAX - view in the H4 chart
After reaching the all-time high on June 14th (at 15,806 points), there was a lasting break in the upward trend channel when the turnaround date arrived on June 18. Since then the FDAX has been in a correction mode, which from the point of view of the cyclical calculation around the 25th / 28th June (+/-) should end with the formation of a low.
Since we do not act purely on turning dates within our swing trading strategy, factors such as the market environment, dominant players, chart technology and the corresponding activity zones must be included.
The areas of support and possible course targets at 15,530 and 15,430 as well as 15,290 points (green zones) are to be named as activity zones.
Only with a sustained break through the upper limit level (red zone - 15.630 / 15.656) would the current short-heavy environment clearly brighten up again.
As mentioned, our cyclical calculation is trend-setting, so that after stabilization tendencies there should be a change of direction today or at the beginning of the coming week.
(Our turnaround dates have an average tolerance of 3 days. In 80% of the cases it is 2 days.)
Note:
Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided.
DE30 Sell the trend line resistance.GER30 - Intraday - We look to Sell at 15694 (stop at 15751)
Bespoke resistance is located at 15700.
Pivot resistance is at 15731.
Trend line resistance is located at 15690.
Reverse trend line resistance comes in at 15690.
Preferred trade is to sell into rallies.
A lower correction is expected.
Our profit targets will be 15525 and 15505
Resistance: 15670 / 15700 / 15730
Support: 15600 / 15550 / 15500
DE30 Buy the pivot.GER30 - Intraday - We look to Buy at 15515 (stop at 15459)
Daily signals are bullish.
Reverse trend line resistance comes in at 15670.
We look to buy dips.
Pivot support is at 15500.
Trading close to the psychological 15500 level.
We look for a temporary move lower.
Our profit targets will be 15669 and 15689
Resistance: 15670 / 15700 / 15730
Support: 15600 / 15550 / 15500
DE30 Sell the pivot.GER30 - Intraday - We look to Sell at 15341 (stop at 15404)
We are trading at oversold extremes.
Pivot resistance is at 15375.
Preferred trade is to sell into rallies.
The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing.
Broken out of the channel formation to the downside.
Our profit targets will be 15151 and 15121
Resistance: 15350 / 15375 / 15400
Support: 15300 / 15250 / 15170
dax break 2 important trend ,this show powerfull down trendif you zoom on chart , you can see green color TREND BASE FIBO EXTENTION(projection) ,it clearly show dax next target is 15200 and then 14850 (support+gap)
www.tradingview.com
see daily chart ichimoku up and down line (ichimoku not very important on dax , it is good for trendy markets like gold ,not dax zigzag )
in left you can see fibo daily (dax love fibo 61%=13100)
on daily chart high , can you see doji pinbar and candel sell pattern ?
on 4hour chart AC is red and very powerfull ,mean powerfull down trend can start , in next days AC one time can green (will push dax up or will range it) then when again turn red can start wave 2 of crash
we will put limit order in this price=red and green arrow ,1 of green arrow is lowest low place ,for this after open , dont close it soon with little profit ,put sl=40 and give 7-10 day to go more SPECIALY ON 14850 AREA
10% low is in 15200
70% low is in 14850
10% low is in 14200
note= in cash xetra dax on daily chart big volume comes=trend switch to down
DAX- Dropped perfectly 2,4% Since Our Post!! 🥳Indeed the DAX idea we posted recently was PERFECT !
We now have a great open position in our hands and we start managing it by Taking some profit and relaxing this weekend!
Keep in touch for more ideas like this next week.
Hope you followed,
the FXPROFESSOR
today dax futurs expire date start down currection,dont buysee dax option and dax knockout(warrants) orders,both show down move is powerfull , will continue
prnt.sc
dax break big trend , green arrow have buy with sl=40 tp=high
iff you have open sell , move sl to open price,,,wait 7 day
if you have buy ,be inform dax can see 15000
day daily chart
prnt.sc
DE30 Buy the uptrend.GER30 - Intraday - We look to Buy at 15616 (stop at 15559)
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
20 1day EMA is at 15585.
Trading within a Bullish Channel formation.
Trend line support is located at 15610.
Our profit targets will be 15773 and 15793
Resistance: 15700 / 15730 / 15800
Support: 15600 / 15550 / 15500
big trend break =SELL signal big inflation comming US 5% inflation is all time record and if fed dont start tapering,in comming months we will see 10% too , can inter economy to trouble
fdax touch our target 15800 yesterday , not it must start go down to 1540 big trend 2(comes from daily chart) if can break eout , we will see 14850 gap-support again
on daily chart , technicaly dax can see 14000 (cash xetra dax gap) !!!!! still we advice looking for sell in next days , 100% for your buys put sl in day low
in 14850 we will looking for buy ,not above
keep monitor AC(or stoch 7.4.4) on 4hour and 30 min chart
DE30 Sell the uptrend.DE30 - Intraday - We look to Sell at 15809 (stop at 15871)
We are trading at overbought extremes.
Trading within a Bullish Channel formation.
Trend line resistance is located at 15815.
Preferred trade is to sell into rallies.
Our profit targets will be 15647 and 15627
Resistance: 15750 / 15800 / 15850
Support: 15730 / 15670 / 15630
DAX- Time for a CorrectionOur Last DAX idea below has been fulfilled and satisfied to the first part; price has risen and rejecyed on what used to be the ascending wedge's support (now resistance).
This could very possibly be the week that we experience a correction on the DAX's price as on our updated chart.
Let us know your thoughts.
the FXPROFESSOR