Daxanalysis
Ger30 Bearish Forecast. Look for sells!Hey everyone,
Let's take a look at the market structures and developments on Ger30. First of all the index is strongly bearish which I think the selling pressure will go on in the coming days. The index dropped from its recent high of 14750 after printing a bearish correction. I will wait for the market to correct itself and hopefully provide me with vivid details about the direction and entry. I anticipate that 13250 will be an easiest target.
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DAX INDEX….TO FALL for 162 pointsPrior to the market crush, I’m expecting the Dax Index to rise to 14100 and expect my further sell to 13900. Fibonacci wise!
DAX (GER30) about to follow US!Hey tradomaniacs,
DAX (Ger30) looks pretty bearish to me and could fall very soon in order to follow the US-Indices.
So far price has been more stable, but orderflow aswell as technicals do look bearish to me and we should see a drop very soon.
What do you think?
BUY Opportunity on DE40Good chance here to make some money
Always play safe, take no more than 2% risk per trade.
Price will hit TP (14241)
Cheers
DAX Closed Above Our Res And Make A New Supp , Long Setup ValidThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
DAX: Popeye ⚓️“I’m strong to the “finich”, ‘cause I eats me spinach”, that’s the motto of Popeye the Sailor Man. He gets strength from eating spinach, which he conveniently carries with him in cans all the time. DAX has also taken a mouthful from the green spinach can between 13981 and 13385 points to gain strength for its long way upwards. We expect the index to surmount the mark at 14663 points soon and to continue the ascent above 16295 points from there.
DAX: Step by Step🪜Currently, DAX is neatly following the step-by-step plan we calculated for it. The index has touched at the white strip between 13404 and 13225 points and has already started to move upwards, crossing 13782 points. Although it could still go back into the white strip more strongly to complete wave (4) in white, it could be finished with it just as well and could directly continue its way to the upper white zone between 14319 and 14589 points. To achieve this scenario, though, DAX must not fall below 12425 points. Otherwise, it would have to make a detour through the lower green zone between 12074 and 11776 points first. There is a 30% chance that this alternative scenario could come true.
DAX index (DAX) | The best goal to fall🎯Hello traders, DAX in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
Based on the count we had, the main waves 1, 2 and 3 were formed.
But first we examine wave 3 and then we say the conditions of wave 4.
In wave 3, the principle of periodicity is well observed, but wave 5 of wave 3 is not structurally and relatively normal, and this makes us suspect the beginning of the main wave 4 to some extent.
However, as we said before, breaking the line is a confirmation of the start of Wave 4.
Wave 4, considering the original Wave 2, which did not have a very long and deep correction, probably includes these features.
Given the current motions of wave 4, we see it as zigzagging and ultimately structurally complex,
We assume that this downtrend needs to be corrected, which in the first stage of this correction takes place in the same range.
If the price moves to the midline of the channel, the waves are in the form of five waves, but moving to the ceiling of the channel will probably be a complex structure.
In case of complete break of Fibo 0.5, correction will be done in the second stage, ie Fibo 0.618, and this time the five-wave structure will be confirmed.
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DAX: “Drop It Like It’s Hot” It seems like DAX has been listening to Snoop Dogg far too much, because it has plunged into the magenta zone between 14392 and 13805 points, as if to say “Drop it like it’s hot”. However, we expect DAX to pop out of the magenta zone again “like it’s hot”. It should then rise back above the support at 14795 points and aim for the resistance at 16295 points from there. Still, a 45% chance remains that DAX could drop below 13805 points instead and fall until the bottom of the turquoise zone between 13951 and 13227 points before making it upwards again.
DAX: Caution – danger of slipping ⚠️Could somebody please hand DAX some chalk? Its damp hands could definitely do with a bit more grip over here. On its way to the resistance at 15711 points, the index has slipped off again, but luckily did not fall too deep. Right now, it has already picked itself up from the upper edge of the white zone between 15282 and 14933 points, trying to normalize its accelerated heart rate. We expect DAX to recover further and to continue its ascent. If it manages to climb above the resistance at 15711 points, it should rise even farther up to 16295 points.
If DAX loses its strength though, and tumbles below 14829 points, there is a 40% chance that it could make a detour through the magenta-colored zone between 14392 and 13805 points before hauling itself up above 14829 points again and resuming the upwards movement.