Pair : DAX Index Description : Symmetrical Triangle as an corrective pattern in Long Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Bearish Channel as an Corrective Pattern in Short Time Frame
-----------DAX DOWNSIDE MOVE IS ABOUT TO HAPPEN----------- DAX index shows a few signs that it is ready to deep dive. The course is at all time high. Economic indicators like GDP, interes rate, emloyment don't support that optimistic behaviour. Weekly RSI is at overbought territory. And daily RSI shows divergence. I think it is time to re-consider the long...
DAX is approaching its sell zone in the weekly time frame, and due to the filling of the time frame, we can consider the possibility of reacting to this zone.
Sharing DAX updated from TTR DAX had a perfect reversal candle, but still needs to confirm below 16855 We got a monthly inside candle close today. Weekly has more room to the upside, but a double we have a potential double top formation here We have a clear negative divergence on the daily level!
In my opinion, GER40 presents a slightly different perspective. If you observe the movement of the wave, you will notice a curve that is currently supporting it. Usually, when such a curve forms, the price tends to follow the same movement. Therefore, I believe that in the medium term, the price is likely to remain bearish. Furthermore, if you look at the current...
Since last Wednesday, the German stock index DAX has been rising again. In theory, the low of the turquoise wave alt.4 could already be in place. However, this scenario would require a rise above the resistance at 15 647, which we consider to be 33% probable. Until then, we maintain our primary expectation that the turquoise target zone between 14 866 and 14 555...
Germany decided to systematically destroy their (and the EU's) economy, in a consistent and spectacular fashion. This is a no-brainer!! (I have been shorting this, with everything I've got, for the past week.) The only thing that kept this thing afloat, so far, is the underlying currency (EUR/USD) push-pull. I believe that is now over and full capitulation is at...
Hello, Welcome to this analysis about the DAX Index in which we are looking at the 4-hour timeframe perspectives. In trading, it is always necessary to assess the market by a neutral perspective to come up with the most possible scenarios and move on with the opportunities resulting out of it rather than over-speculating the market into a one-sighted direction...
last week the price managed to form a new HH and at the close it looks corrected. the chances are that the price will still have a limited downside before continuing bullish.
DAX went up He is now approaching a Horizontal resistance Of 102.750 while trading In a rising channel so IF we see a breakout of The channel to downside Then the price will go down
Happy Birthday, William Shatner! Consistent with the great day of the actor playing Captain James T. Kirk in Star Trek , DAX was also beamed up – and considerably so. From the low of wave iv in pink, the index has shot upwards by about 5% and should still continue the ascent above the resistance line at 15 703 points, where it should complete wave 1 in blue....
Dax will raise zig zag sideway to upside but for short for getting bullish, dax need to find strong support.
DAX - Where to next? What a clean chart... I don't expect any movement on this until mid week roughly A break to either direction. Don't forget to follow your own trade plan! Have a great week ahead, Trade Journal
Gm Today we opened DAX,with a gap which has been closed few hours later, and now we’re looking at price action near psychological level - 14 000. Bullish: (Higher low and support at point of control? ~13885?) In this moment I’m checking if price action forming triangle pattern and if it could break out and boost price from current level to ~14160 and even ~14220...
DAX Weekly Volatility Analysis 5-9 Dec 2022 We can see that currently the implied volatility for this week is around 2.82%, down from 2.98% last week according to VDAX data With this in mind, currently from ATR point of view we are located in the 1st percentile, while according to VDAX, we are on 1th percentile. Based on this, we can expect that the current...
Hello my friends, Everything is clear on the chart for you like always. We have a bullish trend and price keeps it but the weakness in the trend is obvious and I expect supply from the resistance zone. So monitor the price's action in the circles. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your...
It's not a struggle for the German index! The DAX index used all its willpower to find its way up and pushed all the way to climb above the resistance at 13 970 points. We're currently observing an upwards slope that should steadily move into the pink zone between 14 346 - 14 687 points. As soon as the blue wave completes its movement, the trend should turn into...
Here is my view for DAX on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!