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De30

DAX - Sell Setup Forming!Hello everyone, if you like the idea, do not forget to support with a like and follow. DAX is approaching its all-time-high in green 14200.0 so we will be looking for sell setups on lower timeframes. on H1: DAX is forming a channel pattern in red but it is not valid yet so we will be waiting for a third swing low to form around our lower red trendline to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then sell after a momentum candle close below it (gray zone) and waiting for a break below the 14k level to sell for extra confirmation. Until the sell is activated, DAX would be overall bullish and can still trade higher. And of course, as DAX approaches our lower blue support 13500.0, we will be looking for buy setups. Good luck! ~Rich
D
by TheSignalyst
45
DE30 Sell a Break setup.GER30 - Intraday - We look to Sell a break of 13887 (stop at 13975) Daily signals for sentiment are at overbought extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. A higher correction is expected. A move through 13900 will confirm the bearish momentum. A bearish Head and Shoulders has formed. Our profit targets will be 13628 and 13518 Resistance: 14030 / 14130 / 14200 Support: 13900 / 13800 / 13670
DShort
by Signal_Centre1
DE30EUR 2021 Feb 08 Week OANDA:DE30EUR DE30EUR 2021 Feb 08 Week (Intraday) Green/Red zones = preferred entry zone D1 chart showing weakness - shortening of thrust observed - price advancing on decreasing volume H4 chart similarly showing price advancing on diminishing volume Also note the narrow range bars as it approaches the high. if price forces through resistance and show rejection, it will be good opportunity to short. Else just ride the channel Remember to follow or like if you find this useful. Have a safe and profitable trading week ahead.
OANDA:DE30EUR
by paradox677
Dax Short positionWe are seeing an slight relief in Coronavirus numbers now so the outlook for next week is still bullish as I see it, but as I see a real risk for the slowing of the january christmas and NYE spike from uk variant there very well could be a new spike of numbers coming in February. On a TA Level I see the dax being at resistance having been strongly supported by the 20DaySMA, thus we already are at strong resistance around 14k we will see a correction in the next weeks trigger would be breaking the 20 Day SMA. Also I indicated the TOPS by of distance from 200 Day SMA, on average we peaked at 10-14% which was reached January eight.
DShort
by fmkatz
DAX - head and shoulders patternIn our previous analysis, we’ve mentioned the potential head and shoulders pattern which has been created on the German index DAX. It seems that the neckline in this pattern has been broken and the index has dropped to the lowest level since the third week of December 2020. Thus, the mild bearish scenario seems to be completed, but the more aggressive bearish target is set even lower. The textbook target is located around 13146. If the market won’t come back soon above 13800 the bears may take control and push DAX lower. _______ Daniel Kostecki, Chief Analyst Conotoxia Ltd. Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results. 76.44% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
XETR:DAX
by Daniel_Kostecki
DAX - Wait For The Break!Hello everyone, if you like the idea, do not forget to support with a like and follow. DAX is sitting around a strong supply zone and round number 14000.0 so we will be looking for sell setups on lower timeframes. on H4: DAX formed a valid channel in red but it is not ready to sell yet. We want the sellers to prove to us that they are taking over by breaking below the last swing low! Trigger: Waiting for a momentum candle close below the gray area to sell. And for extra confirmation , wait for a momentum candle close below the 13600.0 to sell (which would be the neckline of the head and shoulders pattern from H1) Until the sell is activated, this one would be overall bullish and can still trade higher and higher! As price approaches our lower blue support, we will be looking for buy setups. Good luck!
DShort
by TheSignalyst
46
DE30EUR 2021 Jan 25 Week OANDA:DE30EUR DE30EUR 2021 Jan 25 Week Green/Red = Preferred entry Look for entry opportunities in lower timeframe A = Reversal B = No result from effort We may see some weakness. Immediate Resistance = 13928 Immediate Support = 13843.6 Resistance3 = 14138 Resistance2 = 14044 Resistance1 = 13968 Support1 = 13742 - 13761 Support2 = 13675 - 13696 Support3 = 13569 - 13600 Remember to Like and Follow if you find this useful. Have a safe and successful trading week
OANDA:DE30EUR
by paradox677
DAX - possible head and shoulders patternThe German index DAX has been forming a potential head and shoulders pattern with possible right shoulder forming right now. Looking at the chart we could spot the nearest potential resistance at 13985 USD. This is the area where the right shoulder may end. If it happens we could expect a downward movement. The first confirmation for the head and shoulders pattern will be a breakout of the neckline. If it is broken the market could fall to the textbook target at 13146. It seems that only a move above the recent high at 14131 may change the described scenario. ________ Daniel Kostecki, Chief Analyst Conotoxia Ltd. Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results. 76.44% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
XETR:DAX
by Daniel_Kostecki
DOW JONES - Sell Setup Forming!Hello everyone, if you like the idea, do not forget to support with a like and follow. DOW JONES is sitting around strong round numbers 30000.0 - 31000.0 so we will be looking for sell setups on lower timeframes. on H4: DOW JONES is forming a channel trendline in red so we are waiting for a new/third swing to form around it to consider it objective/valid. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still trade higher. As price approaches our lower green support, we will be looking for buy setups. Good luck!
UShort
by TheSignalyst
43
DAX - Don't Sell Now!Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: DAX is sitting around a strong round number 14000 area in green and All-Time-High so we will be looking for sell setups on lower timeframes. on M30: DAX is forming a wedge pattern in gray but it is not valid yet so now we are waiting for a third swing to form around it to consider it valid. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still trade higher. Good luck!
DShort
by TheSignalyst
40
DOW JONES - Wait For It!Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: DOW JONES is sitting around a strong round number 31000 area in blue and its All-Time-High so we will be looking for sell setups on lower timeframes. on M30: DOW JONES is forming a wedge pattern in gray but it is not valid yet so now we are waiting for a third swing to form around it to consider it valid. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still trade higher. As price approaches our lower red trendline, we will be looking for buy setups. Good luck!
UShort
by TheSignalyst
35