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Dax40

DAX Elliott Wave Analysis for Thursday 18/01/2024In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded. The primary scenario suggests that wave 4 as a WXY structure should be in. If we do not see upward price action, we are working on a deeper ABC correction.
OANDA:DE30EUR
by AndyCuckoo
DAX Elliott Wave Analysis for Monday 15/01/2024 (+ HTF)In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded. The primary scenario suggests that wave 4 has finished as an ABC structure. Doing the double correction as a WXY cannot be excluded.
OANDA:DE30EUR
by AndyCuckoo
DAX to find buyers at market levels?GER40 - 24h expiry Short term bias has turned positive. Levels close to the 50% pullback level of 16724 found buyers. The primary trend remains bullish. We look to buy dips. Prices have reacted from 16444. We look to Buy at 16725 (stop at 16645) Our profit targets will be 16925 and 16985 Resistance: 16885 / 16962 / 17004 Support: 16790 / 16724 / 16657 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
US100 ENTRIES FOR SHORT,Longs All Trap Zones for 5th Jan.2023This analysis is only for my honorable followers. Click on the chart above and study it closely, before taking any trade today: Ofcourse if you want to win. I will buy if these conditions hit. if one of them do not hit, the bulls will get trapped hard 30 min close above 16425 US DATA TODAY VERY STRONG for nasdaq,gold, etc but negative for the U DOLLAR and if retracment after 30 minute closing firm above 16425 My first target will be 16820 Here I will solve out my short hedge that I have opened at 16853, and take Profit. But I will add more longs too, and all longs that are active,but hedged will run along SELL CONDITIONS: I would ell US100 ONLY and ONLY, if these conditions met. Otherwise the downward move will be a bear trap 16275: I would open a short , below this price only if: 1. it reache 16244 or 16223 2.I will wait for a pullback to 16275 3. if it cannot break above that level, t hen I would open the short. Profit levels are as lower mentioned. At 15939 we have 0,382 Fibonacci of Hourly and higher Time frame(that is very strong support level no. 2) TRAP ZONE 1 THE OPEN PRICE TODAY is below yesterdays range, but it is not rejected tHIS IS AN INDICATION THAT the market is accepting the lower price, and the sentiment ha not been changed Both bulls and bear will get trapped very often in this range 16356-16416 TRAP ZONE BULLS got trapped in this zone twice this week I will AVOID TO ENTER THIS ZONE AND GETTING TRAPPED BETTER: I WILL WAIT If You are Gold Digger and speculate to take some pips your Risk Reward ratio will be high(Higher RISK THAN REWARD) As at this point the market quickly changes sentiments Follow the price The trend is your friendCut losse quickly, Let the profits run. Dont predict the market. Intelligent traders follow these principals only.
CAPITALCOM:US100
by DaveBrascoFX
1
GER 40 TECHNICAL ANALYSIS 11/12/2023-15/12/2023The Index is currently trading in an uptrend parallel channel, and momentum also indicate that the bulls are still in control of the market, so the interesting thing is are we going to see a pullback to level around 16500.00 level for us to get into the trade or the index will still go up. A deep pullback to around 16000.00 will still provide good entry levels for one to get into the trade, Will wait and see what is going to happen.
G
by juniormoseki1