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GERMANY 30

DE30 Sell the top setup.GER30 - Intraday - We look to Sell at 13898 (stop at 13977) We are trading at overbought extremes. A higher correction is expected. A break of 13660 is needed to confirm follow through negative momentum. With signals for sentiment at overbought extremes, the rally could not be extended. Rallies should be capped by yesterday's high. The RSI is trending lower. A break of yesterdays low would confirm bearish momentum. Our profit targets will be 13672 and 13572 Resistance: 13800 / 13900 / 14000 Support: 13700 / 13630 / 13550
DShort
by Signal_Centre1
1
DE30EUR 2021 Jan 06 Midweek Update OANDA:DE30EUR DE30EUR 2021 Jan 06 Midweek Update Could this wide spread down bar on ultra high volume be accumulation? Keep your eyes on 13681. It is back into a previous supply zone, circled, so I'll be cautious at the moment. If price goes below 13533 then we would likely see a change in trend. 13681 : if it holds, then we can see a test of the high. Resistant1: 13890 - 13928 Resistant2: 14020 Resistant3: 14090 Support1: 13568 - 13590 Support2: 13458 Support3: 13349 Support4: 13233 - 13250 Click like if you find this useful. Thanks!
OANDA:DE30EUR
by paradox677
DE30EUR 2021 Jan 04 WeekOANDA:DE30EUR DE30EUR 2021 Jan 04 Week Since 22 Dec price had been marked up (note little participation in the volume) 28 Dec sees a little push by smart money beyond an old top 13773 for distribution. The market moving down from 29 Dec's also due to lack of participation by the big boys. 13681 : if it holds, then we can see a test of the high. Resistant1: 13878 - 13909 Resistant2: 14020 Resistant3: 14090 Support1: 13578 - 13611 Support2: 13415 - 13472 Support3: 13233 - 13250
OANDA:DE30EUR
by paradox677
ridethepig | DAX favourable to sellers📍 A few more words about the possible creation of a waterfall in global equities. There is a strategically interesting example of the exploitation of ECB and FED. The board is hanging by a thread, here German Equities are remarkably similar to that of someone who is having difficult paying their debts while having to bend the knee and convince the masses to be guarantors. One indication of the weakness at the highs is the isolation of 'C' represented in the retrace. All in all, the price action is clearly congested and gridlocked at the highs, but it will become really weak in the endgame of a cycle. Here buyers came back in after we cleared the initial targets. If they manage to stop the sellers by completely blockading the downside and turning the move into an impulsive nature, then they are only right to claim victory with a break of C which will then unlock '3' in a sequence... you get the point... The choice between bids and offers is generally not a very difficult one to make with vaccine and elections (almost) cleared. Of course the short-term news will shift negative a the hanging stimulus is illusory. So we can actively sell the highs here; quite rightly aiming for support. Thanks as usual for keeping the feedback coming 👍 or 👎
GShort
by ridethepig
7
DE30EUR / DAX30 / DAX - Shooting Stars and HammersPlease don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
OANDA:DE30EURShort
by Michael_Harding
DAX still looking for a correction (when buy? when sell?)In my opinion, DAX is still overheated through the latest vaccine news. Looking at the daily chart, you see lots of impatience. A correction is more than likely to happen with DOJI candles at the top. The fundamentals don't really point in the direction of an ongoing rally. During the Corona crisis, the most accepted value was 12640. The area between 12800 and 12640 would be for me a fair price in relation to the current situation. You can see this chart as a confirmation of your own settings. Take care about not getting stopped out, look for a good money and risk management as always and happy trading!
EUREX:FDAX1!
by DE30Surfing
DAX30 Intraday Setup.GER30 - Intraday - We look to Sell a break of 13028 (stop at 13151) We are trading at overbought extremes. We have a Gap open at Monday from 12478 to 12668. A higher correction is expected. Rallies should be capped by yesterday's high. We look for a temporary move lower. Short term MACD has turned negative. With signals for sentiment at overbought extremes, the rally could not be extended. Price action has formed a bearish ending wedge formation. Our profit targets will be 12669 and 12542 Resistance: 13200 / 13300 / 13450 Support: 13090 / 12950 / 12700
DShort
by Signal_Centre1