DAX Correction in Weeks Today Moderna CEO Predicts Less Effective Vaccines For Omicron Variant and it showing negative impact on Future Markets, if we look DAX it already broke it's trend line after 2020 Rise, but now on bear side it's very near to it's weekly support line to break.
All we can do wait to see how deep this correction can go not good time to invest yet in my opinion.
Dax40
dax breakup can happend if high break despite ww have 2 gap in down , dax creating box range now , this mean if break range box , will breakup
personaly belive = 70% dax will see 15700
but if break range can fly up to 16300
advice= like last 30 day=dont pick sell signals,looking for buy in deep with SL=40 or low
if you have old sell,put SL on high or hedge buystop
www.tradingview.com
DAX sideways on its ATH. Potential pull-back.Two weeks ago, the consolidation on the 1D MA50 (blue trend-line), gave a clear buy extension signal on DAX:
The 16000 Target has been hit and the index is consolidating around its 16030 former Resistance and ATH for 5 straight 1D candles. This is a sign of technical exhaustion of the dominant trend which is bullish, so if the Channel Up breaks its Higher Lows trend-line, I expect a full pull-back towards the 1D MA50. As long as it doesn't though, the bullish trend remains intact.
In either case, the target is the 1.382 Fibonacci extension (roughly within 16450 - 16500), which is still below the Higher Highs trend-line that has been keeping DAX below since April 16.
--------------------------------------------------------------------------------------------------------
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
DOJI on dax daily come +NFP day let see dax daily chart
gap on fdax and cash xetra dax is open ,can fill (in green arrow we can buy with SL=40 point) for hold 5-6 day
secret= dax love fibo 61% too much ,it can easily pullback to fibo 61%
alert=trade dax need min 5 year practice on demo account before real money , it is very zigzag
on FED news dax break upper trend line if you remember 10 days ago in low ,we predict 16300 then 16800 then 17000
for this pro advisor adviced dont pick sell signals on dax,dow,nasdaq ,sp500 ,looking for buy in deep
www.marketwatch.com
let see daily candels (pinbar)daily and 1hour pinbar on dax (dax future not xetra dax) is very very important
prnt.sc
dax in weekly chart going to fibo 161% around 17000 germany company earnings coming exclent
predict=
in winter 2022 we will see dax around 17000 and in end of 2022, dax will see 20.000 then in 2023 can reach 24000
end of year rally start and in next 40 day dow,dax,nasdaq,sp500 must fly up (end of year rally avragly is +25% move)
enjoy bull market like 2009 to 2020 (buy in deep,hold to new high)
DAX Bullish continuation towards 16000.My last DAX analysis was on a bus signal after the price broke above the 4H MA50:
The short-term target of the 4H MA200 eventually got reached and now I shift my focus for the medium-term back to the 1D time-frame.
As you see the price has been trading around the 1D MA50 (blue trend-line) for a week. The very same consolidation pattern around the 1D MA50 was last seen from July 23rd to August 3rd. It led to the formation of the 16030 All Time High/ Resistance. I am expecting a similar rise/ target.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
DE40 Sell a break.GER40 - Intraday - We look to Sell a break of 15398 (stop at 15461)
Trend line resistance is located at 15530.
Offers ample risk/reward to sell at the market.
Daily signals are bearish.
Bearish divergence is expected to cap gains.
A higher correction is expected.
Our profit targets will be 15224 and 15204
Resistance: 15530 / 15600 / 15650
Support: 15500 / 15400 / 15300
2 powerful place for buylimit and hold minimum to fibo 61% you can hold these buys to fibo 161% too (can take 15 day
ALERT=if you have sells , close all near 15077 , each second dax can fly to 16300 (fibo 161%) dont pick sell signals, main trend on daily chart is very +
note=our target for close buys is fibo 161%=16300 area , be careful it can goes to 17000 too (dax40 is under fair value )
note=AC 4hour is green now , check it
www.tradingview.com
DE40 Buy a break setup.GER40 - Intraday - We look to Buy a break of 15471 (stop at 15414)
Expect trading to remain mixed and volatile.
There is no clear indication that the upward move is coming to an end.
The trend of lower highs is located at 15650.
We look for a temporary move higher.
Our profit targets will be 15638 and 15658
Resistance: 15450 / 15500 / 15550
Support: 15400 / 15350 / 15300
DE40 Sell a break.GER40 - Intraday - We look to Sell a break of 14977 (stop at 15036)
Daily signals are mildly bearish.
Our short term bias remains negative.
Pivot support is at 14979.
Trading close to the psychological 15000 level.
A break of bespoke support at 15000, and the move lower is already underway.
Trades with a bearish descending triangle formation.
Our profit targets will be 14811 and 14791
Resistance: 15100 / 15150 / 15200
Support: 14980 / 14900 / 14800
DAX LongThere have been clear signs of a reversal in price since the market opened this month. A bullish candle indicates we have now entered an uptrend.
15560 gap still is open soon or late dax must fill this gap ,each second dax can fly up 4-5 day
advice=when dax start go up ,dont pick sell signals (it can wild go up witout pullback and you cant close sells) instead looking for buy in deep
we predict for dax 16000 then 16000 for next 10 day
cash xetra dax chart
DAX ShortA double top has formed on the 4 hour time frame. Price then fell sharply with a bearish candle, then retested a key level. Indication of a downtrend, or at the very least a further fall in price short term.