DAX bearish flag targeting 12535Hello Fellow Trader!
DAX bearish flag looking to continue the down trend for at least the short term.
SPX also starting to roll as global indices start to sell off.
Key Points:
- Daily – Below 50 EMA
- Daily – Targeting Trend line or 200 EMA
- Below 50 EMA
- Below 200 EMA
- Flag pattern for break out
- SPX futures bearish
Key Levels:
Support – 12680, 12535
Resistance – 50 EMA, 200 EMA, 12795
Entry Zone:
Optimal entry provides the greatest reward to risk ratio while supporting entry is a zone for reversal signals.
Optimal Entry – 12770
Supporting Entry – 12750 – Break of flag
Candle Reversals for entry
- Bearish Shooting Star
- Bearish Engulfing
- Bearish Dark Cloud Cover
The Risk:
As traders, it is your job to mitigate the risk and only trade structures that provide high probability and great reward to risk ratios.
If you are not comfortable with defined exit levels, experiment with Moving Averages to help set solid exit rules to protect your capital.
IF: Price breaks above 12851 and violates 50 EMA – this would suggest the structure is not in our favour and would be wise to reduce exposure or close the trade until a solid signal gives us reasons to re-enter.
Reward / Reward Targets:
Optimal Entry 12770 – Target 1 12795 = 3x Reward to Risk
Supporting Entry 12750 – Target 1 12795 = 2.5x Reward to Risk
De30
DE30 Intraday Setup.GER30 - Intraday - We look to Buy at 13027 (stop at 12946)
The RSI is trending higher.
Trend line support is located at 13030.
We look for gains to be extended today.
20-hour EMA is at 13050.
A lower correction was expected.
Our profit targets will be 13264 and 13318
Resistance: 13160 / 13220 / 13300
Support: 13130 / 13070 / 13000
Signal Centre
DAX30 Intraday Setup.GER30 - Intraday - We look to Buy at 12691 (stop at 12618)
The RSI is trending higher.
Trend line support is located at 12700.
We look to buy dips.
12900 continues to hold back the bulls.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Our profit targets will be 12887 and 12948
Resistance: 12900 / 12950 / 13000
Support: 12865 / 12800 / 12700
Signal Centre
What are your thoughts for DAX 30?For me they are short long term. I would love to know your opinion on the comment section.
DAX - DE30 video top-down AnalysisHello everyone, here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
DAX Buy SignalPattern: Channel Up.
Signal: Buy as the price is forming a Bullish Flag , which has been a bullish break-out signal in the past 2 occurrences within the Channel.
Target: 13150 (short-term) and 13500 (long-term which is the -0.5 Fib extension).
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German DAX 30: Which three humps will it be?German DAX 30: Which three humps will it be?
If you look at the past months, you can always see the three upward humps on the 3h chart of the DAX (look for the blue MA48 line on the chart): 1-3-5, 1-3-5, ...
Well, I wonder which three humps will be in the next few weeks?
Reputation points. Testing how to publish DE30I am new and need reputation points to communicate with others.
Regards,
RinceRepeat
DAX 30 Index Buy Setup 💡 DAX 30 Index bulls for the most part have been very resilient through September's massive global index pullback. With the creation of this wedge, we gotta anticipate a buy on the breakout!
GER30 BUY IDEAA break and close above the daily zone, and a bullish pennant visible on the lower tf charts.
DE30 SELL IDEAThe break of the 61.8% would confirm my sell, price has been in a strong bearish trend, making lower highs. A break above the daily zone would invalidate the sell idea.
DAX - DE30 video top-down AnalysisHello everyone, here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Stratgy for trade DAXfrist sellstop in low,buystop on high lol hahaha
RAMIN DAX 1H STRATGY WINRATE 80%(80 TP,20SL)
ON 1MIN CHART ON 8:59 CET , PUT BUYSTOP ON HIGH(8 TO 8:59)
PUT SELLSTOP ON LOW TRAIL=40 SL FOR BUYSTOP=4-5 POINT UNDER LOW (8:00 TO 8:59)
AFTER SET ORDER,TURN OF PC VOLUME, , GO AWAY AND DONT TOUCH UNTIL TOMARROW
www.tradingview.com
Stunning week belongs to the bears3 drive pattern completed at key area(daily high), stops taken out on 1h tf fib 78 completed last Friday .lets go!
Long-term view of the Germany 30 DAX compared to the US S&P 500Long-term development of the Germany 30 DAX compared to the US S&P 500 (in EUR).
