IS DAX GOING BACK 13200 ? waiting from the graphic to break fbo 23,6 level (12837) and touch up channel trend up tick and come back touch 23.6 level and continue to 13150 ' s , we can use as a stop lost level down channel breakout...
GERMANY 30
What if...These are the levels that I have if the next angle (dotted red line) is lost. If it respect the angle I will use the chart "It seems that this orange still has juice" as reference.
Best wishes!
It seems that this orange still has juiceI would have liked to see it before, but it seems that there is still an opportunity. Although I have to be very careful with the "danger zone" it seems that we have a target.
I will use this publication together with "DAX Down" as reference.
Best wishes!!!
DAX BUY OPPORTUNITYPrice broke above trendline from the upside. RSI oversold with divergence. Price above 20EMA. 2 trades 1.5:1 2:1 RRR. 1st target 127.2%fib 200EMA resistance. 2nd target trend continuation. In my opinion the cycle isn't over we have some time before we get a recession. Bullish. Good Luck
de30eur short termshort term goal, it is following a downward channel and wait for retracement to confirm trend pattern.
DE30EURDE30EUR CFD is currently trading under the 50 m.a which would suggest there could be downside momentum if it holds below the 50 m.a.If it fails to break the 12195.9 priceline i'll be going short til 11944.5 . The 11944.5 PL is important as it failed to break last August so it should be interesting to see if it will hold or breakthrough it. Im not ruling out any upside movements but it seems more bearish than bullish from my analysis. Lastly DE30EUR could trend in a channel (red lines)if so please take note of the bearish flag .
BUY DAX 4HBuying opportunity on DAX30. Trend continuation. Level of support RSI oversold. Market overextended. Bullish on EU Equities until QE ends. Good Luck
German DE30 analysisWe are currently trading at S3 level which also has significant volume so this level ight not be easy to break but bears are strong, trend is bearish so we might see breaking this S3 level and keep going to S4 which is next major support.
At S4 it all could reverse and go for another bullish run and a new high.
Pure divergence, might be easy signal for shortAs you can see on chart, H4 and also H1 shows very nice divergence on RSI. Might be an easy call for short, TP1 around 13 200, TP2 by 13 150.
What will be next? Bounce or breaking the support?Another 3rd bounce or finally breaking support at current level?
DE30 bearish divergenceWe are looking for a nice short here on a weekly chart, based on the chart, bearish divergence formed pretty clear signal.
Trade with care.
Wait for a higher level to short. '13050 and 130100'Dax has broken its legendary support zone a few days back and now it is retracing upwards.
I would wait for the price to a little higher and go short around 13050.
levels to watch 13050. 13100.
DE30/EUR 1D Chart: Rebound from 55-day SMADE30/EUR 1D Chart: Rebound from 55-day SMA
The index that compiles 30 largest German companies is advancing against the Euro in the long-term rising wedge formation. This pattern started to form two years ago and today consists of two reaction highs and three reaction lows. Consequently, the breakout of the pattern is expected to happen in the Q2 2018.
In the meantime, in the middle of this year the exchange rate started to form new junior ascending channel but due to support provided by the 55-day SMA it began to transform into another rising wedge. As the northern side contains no notable obstacles, the pair is expected to continue climbing to the top, thus ending the year near the 13,600 level. In case of sudden reversal, the above moving average should prevent the pair from making a premature breakout.
DAXEger fiyat 13.030'u gecer ve 13.030 ustunde kalicilik saglarsa ana hedef noktasina varana kadar turuncu olarak cizdigim fibo seviyeleri arasinda hizli hareket edip tirtikli fibo çizgilerinde yavaslayacaktir. Birincil ana hedef olan 13.330 da ise duzeltme dususu gelebilir, islemden cikip beklemek gerek.
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If the price exceeds 13,030 and sustains above 13,030, it will move quickly between the fibo levels I draw in orange until it reaches the main target point(13.330) and slow down in the serrated fibo straps.
DE30EUR Wedge/H&S 4h chart wedge pattern with H & S pattern within, waiting for a validating retest of the 100 EMA.
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Short term trend continuation setup in 15 min chart.
