Dax40
DAX rejected on Lower Highs. Unless broken, consolidation ahead.DAX broke and closed yesterday above the 4H MA200 (orange trend-line) for the first time since January 20. Despite this bullish development, the index failed to break above the long-term Lower Highs trend-line of the correction, which has been holding and rejecting the price (6 rejections including yesterday's) since after the All Time Highs.
The last time that happened, DAX consolidated for more than 2 weeks (February). As a result, as long as it fails to break above the Lower Highs, it is more likely to see a consolidation within roughly 14800 - 14100, which as you see is within the zone of the 0.618 - 0.382 Fibonacci retracement levels.
A break (and 1D candle closing) above the Lower Highs, should be enough to extend this bull run all the way to the 16290 All Time Highs. Similarly a break below the 0.382, could restore the bearish sentiment back to the 12420 March low.
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GER40 Sell a break setup.GER40 - Intraday - We look to Sell a break of 14178 (stop at 14276)
Daily signals are bearish.
A break of yesterdays low would confirm bearish momentum.
50 4hour EMA is at 14230.
The bearish engulfing candle on the daily chart is negative for sentiment.
Our profit targets will be 13931 and 13841
Resistance: 14380 / 14500 / 14580
Support: 14180 / 14100 / 14000
dax 4 hour : 3 place we must buy with SL=40 pointAccelator occilator AC 4hour do it's job well
despite yesterday mini crash , still we see daily chart trend + up
dax next target 🎯 is 14800(sellimit possible with SL above support)
if you have sell , advice you close it near 14000 and pick buy and hold it 8-10 day to 14800 or above (don't close sooner)
ALERT = for dax ( check your broker , dax symbol property,, if size is 10 contract) don't open Big size on dax ( per 1000$ balance you have , dont open above 0.01 lot , SL must be max -10$ ) dax easily can move in 1 day 1000 point (on 10k account max 0.1 lot)
if your broker dax contract = 1 so per 1000$ balance use 0.1 lot
note = in down side we have green line = EMA200 1hour (ema200 is very very important on full time dax on 15min, 1hour and daily chart ) and open gap (comes from cash extra dax) ( powerfull buy place, next low for next 30 day)
DAX (Alım Fırsatı)İnceltilmiş bölge, 14020 seviyesi olan taban talep bölgesinden başlamakta olup
test ve tepki sonrası alım fırsatını değerlendirebilirsiniz.
DAX Index Timeframe: Medium Term, Technical: Bullish <15400#DAX Index
#Weekly
#Technical Analysis
#crevixtrader
GER40 Buy a break setup.GER40 - Intraday - We look to Buy a break of 14561 (stop at 14469)
Short term bias is bullish.
14556 has been pivotal.
A break of the recent high at 14556 should result in a further move higher.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 14788 and 14848
Resistance: 14400 / 14550 / 14800
Support: 14250 / 14100 / 14000
GER40 Sell into a rally.GER40 - Intraday - We look to Sell at 14519 (stop at 14624)
Price action has stalled at good resistance levels and currently trades just below here (14500).
We look for a temporary move higher.
Daily signals are bearish.
Preferred trade is to sell into rallies.
50 1day EMA is at 14520.
14556 has been pivotal.
Our profit targets will be 14257 and 14207
Resistance: 14500 / 14600 / 14800
Support: 14300 / 14100 / 14000
buy dax near 14000 and hold it 10-15 dayon cash extra dax DEU40 we have gap in 14000 , then we can hold it to 15000 or even 16200
NOTE=14800 area is very important support
good luck 🎲, main trend will +up , strongly advice don't pick sell (if you want sell,100% put sl and never remove it , dax upper target is 17200 , it can fly up wild , don't allow you exit sell
ON DAX keep monitor accelator occilator AC in 30min and 4hour chart (trade with AC need minimum 8 month watching and find it's movements, secrets)
DAX Approaching the 1D MA50. Key for the recovery.The German Index has made a +17% rebound since last Monday's bottom and is very close to test the 1D MA50 (blue trend-line). That is the natural Resistance for the index as it has been unbroken since January 20th.
In a similar situation after the U.S. elections of November 2020, DAX started the strong uptrend of 2021 once it broke above the 1D MA50. It's first stop was the 1.236 Fibonacci extension level. On the current fractal that Fib is around 17200 and can be hit by June.
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GER40 Sell the trend line resistance.GER40 - Intraday - We look to Sell at 14093 (stop at 14204)
Daily signals are bearish.
Trend line resistance is located at 14100.
Bespoke resistance is located at 14100.
14094 has been pivotal.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 13808 and 13738
Resistance: 14000 / 14100 / 14300
Support: 13800 / 13700 / 13500
GER40 Sell a break of recent low.GER40 - Intraday - We look to Sell a break of 14197 (stop at 14294)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Previous support at 14300 now becomes resistance.
A break of the recent low at 14220 should result in a further move lower.
Our profit targets will be 13951 and 13901
Resistance: 14400 / 14500 / 14700
Support: 14200 / 13950 / 13800
GER40 Sell the previous support.GER40 - Intraday - We look to Sell at 13749 (stop at 13841)
Our bespoke support of 13800 has been clearly broken.
Previous support at 13800 now becomes resistance.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Daily signals are bearish.
Our profit targets will be 13505 and 13455
Resistance: 13500 / 13600 / 13800
Support: 13300 / 13150 / 13000
GER40 Sell the 20 EMA.GER40 - Intraday - We look to Sell at 13028 (stop at 13153)
Daily signals are bearish.
Rallies continue to attract sellers.
Price action produced another negative day, yesterday.
Preferred trade is to sell into rallies. 20 4hour EMA is at 13060.
Our profit targets will be 12707 and 12627
Resistance: 12700 / 12850 / 13000
Support: 12600 / 12430 / 12200
GER40 Sell into a rally.GER40 - Intraday - We look to Sell at 14078 (stop at 14191)
Daily signals are bearish.
Bespoke resistance is located at 14100.
Trading close to the psychological 14000 level.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
20 1day EMA is at 14000.
Our profit targets will be 13802 and 13702
Resistance: 14000 / 14100 / 14200
Support: 13800 / 13600 / 13300
DAX: Two Reversal in a Row Two Bouhmidi-Reversal in a row - After Fridays reversal short in to the Bandwidth - we see today again a nice Short reversal after breaking the upper #BouhmidiBand - Watch out this week - Its triple witching week usually higher volatilty.
Want to know more about Bouhmidi-Bands?
Check my Script:
GER40 Sell the resistance.GER40 - Intraday - We look to Sell at 13969 (stop at 14101)
Daily signals are bearish.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
20 1day EMA is at 13900.
We look for a temporary move higher.
Our profit targets will be 13626 and 13536
Resistance: 13950 / 14100 / 14300
Support: 13700 / 13500 / 13300
dax next target is EMA200 daily(big orange line) in 15000if you have buy , dont panic , trend will + up soon , today pullback is normal (AC accelator occilator 4hour is red)
+ up trend will start soon (if big bad news not come)
advice = looking for buy with low size and SL = today low (last low) and wait 7-8 day minimum to fibo 61%=14800
personaly i will keep my buy to 16000 (can take 2 month) in weekly chart dax up target fibo 161% show 17200 !!!!!
if you have old open sell , close 50% now and put sl on yesterday high ,ok?
ALERT= if low near 12400 break , dax can go to 12000(need big bad news) 12000 is best place for buy and hold to high (can take 30 day)
above condition(buy now) is valid on nasdaq,dow,sp500 too , they have buy too ,,, but + up trend always have many zigzag,mini crash
wish you win , 100% put SL under support or 40 point
buy little size dax and hold it minimum 15 day dax touch 12500 powerfull support (see weekly chart) now it must going fill friday gap
pick low size buy (per 1000$ balance 0.01 lot or 10$) with SL in pinbar low (after 80 point profit,move sl to open price, then let it go up)
please dont close your buy soon , dax after zigzag and minicrash can back to 16000 !!!!!!
personaly i want hold my buy near 2-3 month
note= if you are in CFD you can find it in INDEX folder with these symbol = FDAX -DAX -Germany40
DE30 - DE40