Germoney - possible quick longIt has to bounce from the 11800 - 11820 area first. Do not take the trade at the first possible bounce. Wait for the retest. If the price will be pushed below 11800 - no trade. GL.
GERMANY 30
Dax daily: 28 May 2019 For yesterday we were more supportive of the buyers, but their strength didn’t last long. The sellers were able to correct the growing movement and eventually, Dax moved sideways. We closed at 12 064. The last trading hours were absolutely without volatility.
Important zones
Resistance: 12 142
Support: 12 064, 11 958, 11 922
Statistics for today
Detailed statistics in the Statistical Application
The statistical probability of closing the gap is 39%
Macroeconomic releases
NIL
Today’s session hypothesis
Today began with an ascending gap of 41 points. The last two sessions are systematically rising to higher prices and today’s gap is a continuation of this action. Zones from the past analysis are still valid, so the first resistance that we should be careful about is 12 142 price. Today’s probabilities suggest not to close the gap and rather head higher. If the gap is closed, the price of 12 064 will now be a luxurious support level where new buyers can comfortably step in.
DE30/EUR SHOULD BOUNCEAs you can see DE30 holding strong bullish channel since beginning of the year and every time it bounce from support trendline.
I will wait for confirmation and little bit of bullish price action for entry.
4h rsi showing bullish divergence also daily MA converge around these levels.
Target can be Green boxes on the chart if trend will continue Up and follow previous movement
If we break support trend line, than after long time there will be change in trend .
Dont forget to use stoploss
DE30 EUR BUY OPPORTUNITYTrend is up
Broken strong resistance clearly and pullback for a retest,
This shows strong bullish strength.
Fibonacci Resistance StrongSome technical oscillators are suggesting overbought, but others not so much. The Fibo retracements suggest a strong resistance level. Overall, I want to see the DAX get above these levels if we expect this upward wedge to continue.
DAX bullish formationThe current situations looks like a nice long. Keep in mind that trade talks play a big role in this market, so any bad news can drive the price down really fast.
DE30EUR SELL (GERMANY 30 - EURO)Hi there. Price is forming a continuation pattern to the upside. But first price needs to complete one more move to the downside.
So, watch strong price action at the current price for sell.
Potencial Break&Retest setup (long)price created H&S pattern and broke the trendline. we had a clear break out candle and now i will waite for a retest and enter long
DAX 4H no clear signs but there are on 30 minutesAs you can see there is not much to say right now because of the impulsive wave.. We could have catched the breakout from my last DAX anlyse for 230 points/pips, but I've missed it..
DAX sell zone 11000-11050 (H4 chart)This is my point of view for the DAX now. As i'm a student i don't have alot of time to check the chart. If I am able to watch the chart when it is in the sell zone that is mentioned in the title, I will upload an idea from that point with entry points and take profits. DAX is in a downtrend now, if the trade goes well we can make alot of points out of this trade.
DAX is in buy zone, possible reboundRecent drops brought us down to buy zone which is most likely to hold for next weeks and for christmas rally, we could have nice rebound to new levels marked on chart in yellow circles. Volume shows two possible resistance levels, which need to be broken to continue higher. Most important level to break is at 11 500.
Cheers.
Dax buy opportunity if trend holds otherwise danger ahead !This is a long term chart of the German Stock Index Dax. The upper trendline was established at the pre Financial Crisis peak in 2007 and later at the peaks of 2015 and 2017. This were good selling points. The lower support trendline is giving support since the Creek Dept Default Crisis in 2011 and fears of a China Slow Down in early 2016. This were good buy points. Recently, the trendline was testet again on fears of a Trade War with China, Brexit and Italian Credit, which presents a buying opportunity als long the support trendline stays intact. Otherwise danger ahead, because of a huge rising wedge pattern of a historical size.
Dax buy opportunity if trend holds otherwise danger aheadThis is a long term chart of the German Stock Index Dax. The upper trendline was established at the pre Financial Crisis peak in 2007 and later at the peaks of 2015 and 2017. This were good selling points. The lower support trendline is giving support since the Creek Dept Default Crisis in 2011 and fears of a China Slow Down in early 2016. This were good buy points. Recently, the trendline was testet again on fears of a Trade War with China, Brexit and Italian Credit, which presents a buying opportunity als long the support trendline stays intact. Otherwise danger ahead, because of a huge rising wedge pattern of a historical size.
DAX30 short two top and high volatility area after the market open any one can enter with the 1:2 ratio stop 110 pips and target 250 pips
DE30EUR ready for breakout. Scenarios for both long and shortIt looks like a Bearish Pennant but there's a lot of resistance down there. Targeting a test of 38.2 on the down side and a retest of the highs on the upside
