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DE40

DAX: Short term buy opportunity.DAX is rebounding after a -4.60% decline that turned the 1D timeframe bearish (RSI = 42.197, MACD = -69.700, ADX = 37.228). Even though that decline hit the bottom of the long term Channel Up, we focus more on the short term where after similar declines in the past two months (both -4.30%), the price rebounded to at leastthe 0.618 Fibonacci level. Consequently we go short and target the 0.618 Fibonacci (TP = 15,930) which can connect with the 4H MA200 as well. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
6
DAX hit the bottom of the long term Channel Up. Buy.DAX hit on Friday the bottom of the 8month Channel Up, just under Support (1), which was the low of April 5th. That is a long term buy opportunity and the price is treating it as such since it's already on two straight bullish candles. The previous Higher Lows was also priced within the MA100 (1d) and the bottom of the Channel Up. Trading Plan: 1. Sell on the current market price. 2. Buy if the price crosses under the Channel Up. Targets: 1. 16430 (Resistance 1). 2. 15150 (MA200 1d). Tips: 1. The RSI (1d) hit the Falling Support which made the Channel Up bottoms of December 16th and March 13th. However the price dropped some more after the RSI hit that price. Hence it is not unrealistic to expect 15150 and a MA200 (1d) test for the next long term buy. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:DE40Long
by TradingBrokersView
4
DAX Lower Low to come after this quick rebound. Sell.DAX is recovering today from yesterday's brutal break down but this should be a short lived reaction. The 1day RSI made a Double Bounce on a Falling Support, much like the one on March 13th. On that price action, after a short lived rebound that got rejected on the 1day MA50 and the 0.5 Fibonacci, the price resumed the downtrend and bottomed on the 1.5 Fibonacci level. Take advantage of this quick rebound for a better sell entry and target 15100, which happens to be also at the bottom of the long term Channel Up and the 1day MA200 (which is intact since November 10th). Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:DE40Short
by TheCryptagon
9
DAX: Entered a short term accumulation phase ahead of the next rDAX hit the 4H MA200 again after a much needed technical pull back that helped at correcting last week's overbought technicals on the 4H time frame (RSI = 48.684, MACD = 21.500, ADX = 34.751). This is a similar structure as early June, when the 4H MA200 (and 0.382 Fibonacci) offered support to a 4 day accumulation phase before the bullish leg made a Higher High on the Channel Up pattern. We are entering a new buy on the current market price, targeting the top of the Channel Up (TP = 16,500). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40
by InvestingScope
2
DAX First strong buy signal after 1 monthDAX is testing the MA50 (1d) following a rebound on the MA100 (1d). That was also the bottom of the short term dashed Channel Up as well as the medium term yellow Channel Up. Technically this is the strongest buy opportunity since May 31st. Trading Plan: 1. Buy when a (1d) candle closes above the MA50 (1d). 2. Sell if it closes under the Channel Up. Targets: 1. 16500 (top of the short term Channel Up). 2. 15450 (bottom of the long term dotted Channel Up). Tips: 1. The RSI (1d) hit its Rising Support level. Additional buy indication. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:DE40Long
by TradingBrokersView
2
DAX: Two buy entries for the long term.DAX turned technically bearish on the 1D time frame (RSI = 42.479, MACD = 3.900, ADX = 32.769) with the RSI approaching the lows of March 17th. This is our first long term buy entry as the price is not only at the bottom of the (blue) short term Channel Up but also testing the 1D MA100 for the first time since March 20th. If the price closes a 1D candle under the 1D MA100, it will most likely fail to hold the S1 and S2 supports as well and instead go for a full -6.70% decline extension to 15,350 such as the mid March and mid December correction legs. That will be the second buy entry. In both cases our target is the short term Channel's HH (TP = 16,500). Pay attention to the RSI also where the bottom of the Channel Up will be an additional buy signal. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40
by InvestingScope
13
Will DAX find buyers at market?GER40 - 24h expiry Offers ample risk/reward to buy at the market. The primary trend remains bullish. The 1 day moving average should provide support at 15923. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Bespoke support is located at 15900. We look to Buy at 15902 (stop at 15802) Our profit targets will be 16152 and 16192 Resistance: 15950 / 16000 / 16050 Support: 15912 / 15860 / 15800 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURLong
by OANDA
DAX Sell signal but gets invalidated on this levelDAX is on a 2-day pullback with a new (dashed) Channel Up emerging. The index is already inside two long term Channel Up patterns. The RSI (1d) crossed under its MA level, calling for a technical pullback inside the borders of these Channel Up patterns. Trading Plan: 1. Sell as long as the price remains under Resistance (1). 2. Buy if it breaks above it. Targets: 1. 15740 (bottom on two Channel Up patterns). 2. 16950 (top on two Channel Up patterns). Tips: 1. The RSI (1d) has a Rising Support. Keep that in mind as if it holds you might consider closing the short position earlier. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:DE40Short
by TradingBrokersView
8
DAX: Holding today's low can lead to 16,500DAX is trading inside multiple short and long term Channel Up patterns, an indication of a strong bullish trend, showcased by the green 1D technicals (RSI = 59.394, MACD = 107.100, ADX = 32.591). As long as the 1D RSI stays over the MA line, we remain bullish (TP = 16,500). If it breaks under it, we will target first the dashed Channel bottom (TP1 = 16,000) and after a 1D candle close under it, extend to S1 (TP2 = 15,635). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40
by InvestingScope
1
DAX Channel Up and Inverse Head & Shoulders pushing for Gap fillDAX rebounded at the bottom of the Channel Up, forming Support (1) at 15625. By doing so it completed the formation of an Inverse Head and Shoulders. This is a twin bullish signal same with the March bottom. Trading Plan: 1. Buy on the current market price. 2. Sell if it crosses Support 1 (15625). Targets: 1. 16340 (Resistance 1 and Gap fill as per the March fractal). 2. 15250 (bottom of long term Channel Up). Tips: 1. The RSI (4h) is also forming a Channel Up like March indicating that we might be exactly before the breakout to the gap fill. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:DE40Long
by TradingBrokersView
10
DAX holding the 1day MA50, ready for a rally.DAX is holding the 1day MA50 Support for the 5th candle in a row. This keeps the Channel Up intact, with the price near its bottom. The 1day RSI is on a consolidation under the MA trendline same with late March. That was the same price consolidation after a Channel Up bottom. The price rallied by +6.34% from that level. Buy and target 16600. If the 1day candle though closes under the 1day MA100, sell and target 15200. Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:DE40Long
by TheCryptagon
1
DAX: Inverse Head and Shoulders aiming for a new All Time High.DAX is trading around the 4H MA50 and 4H MA200 with technicals naturally neutral (RSI = 52.802, MACD = 10.300, ADX = 21.396) as on any consolidation. The pattern that was completed (inside the long term Channel Up) is an Inverse Head and Shoulders. Technically such formations target the 2.0 Fibonacci. Our plan is to traget the R1 initially (TP1 = 16,335) and then buy any pull back given and aim at Fibonacci 2.0 (TP2 = 16,600). It is important to mention that the 4H RSI has been trading inside a Channel Up during the formation of the Inverse Head and Shoulders, giving an early bullish signal. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
3
DAX potential pull-back.DAX had an excellent run since our buy signal (see chart below) more than two months ago (March 21) but after it broke above the former All Time High (ATH) on May 19, it has formed a top and is pulling back: As long as the price is closing the 1D candle above the 1D MA50 (blue trend-line), it will be a buy opportunity targeting the top of the (dotted) Channel Up at 16600. If however it breaks below the 1D MA100 (green trend-line) we will quick sell towards the Channel's bottom at 15350 and add a new buy there. In either case, the target remains intact at 16600. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
D
by TradingShot
3
DAX Critical junction on the 1day MA100.DAX hit today the bottom of the short term Channel Up. This is inside a larger Channel Up pattern that started during last year's market bottom. As long as it holds, especially the 1day MA100, buy and target 16600 on a +6.34% repetition of the first short term Channel Up rally. If the price closes under the 1day MA100, sell and target the bottom of the long term Channel Up at 15150. The 1day RSI, trading inside a Channel Down, gives a clear indication as to when that low may be achieved. Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:DE40
by TheCryptagon
5
DAX Trade break outs only. Neutral at the moment.DAX has turned neutral after the 16340 top and the subsequent test of the MA50 (1d). As long as those two levels hold, it will remain sideways with no action to take. The long term pattern is a double Channel Up. Trading Plan: 1. Buy if the price closes over Resistance (1). 2. Sell if the price closes under the MA50 (1d). Targets: 1. 16750 (top of Channel Up). 2. 15200 (Fibonacci 0.618 level). Tips: 1. The RSI (1d) is trading under the MA trend line, consistent with the previous two bottoms of the Channel Up. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:DE40
by TradingBrokersView
14
DAX: reached the 1D MA50 but can drop more if it breaksDAX has almost hit today the 1D MA50 (last time it had contact was March 29th) and reacted with a rebound. The 1D technicals are neutral (RSI = 45.355, MACD = 76.400, ADX = 25.34&) indicating that this is a first Support level but if we close a 1D candle under it, can drop more until they turn red. Consequently, as long as the 1D MA50 holds, we will keep our first buy open, targeting the R1 (TP = 16,300). If a 1D candle closes under it, we will buy again on the 1D MA100, which is waiting on S2 and keep it for the long term even though a max technical drawdown extendes as low as -6.60%. Those where the % declines on the previous two corrective legs inside the Channel Up since December. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40
by InvestingScope
7
DAX Can decline more before finding a bottomDAX had an excellent run since our buy signal two months ago (March 21) but has since formed a top and is pulling back (see chart below): The price is below the 4H MA50 (blue trend-line) and today is testing the 1D MA50 (red trend-line) for the first time since March 29. The 1D RSI is still neutral around the 50.00 mark, meaning that there is still more room left on this downside. The next technical Support is the 1D MA100 (green trend-line), which is on a significant Support cluster as it is just above the October 01 Higher Lows trend-line. We expect a bottom to be made at 15500, it offers a solid R/R ration for buying and that is what we will go, targeting 16300 and the previous High, which was the first target of the late March rebound. An addition signal to help with taking the best buy entry possible, can be the 1D RSI. A Double Bottom at least (especially as close to the 37.80 Support as possible) would be ideal. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
DShort
by TradingShot
3
DAX primary trend still remains positive.GER40 - 24h expiry Daily signals are bullish. We are trading at overbought extremes. Short-term momentum is bearish. A lower correction is expected. The 1-day moving average should provide support at 15980. The sequence for trading is higher highs and lows. We look to Buy at 15981 (stop at 15896) Our profit targets will be 16191 and 16241 Resistance: 16090 / 16150 / 16230 Support: 16059 / 16000 / 15930 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURLong
by OANDA
DAX to find sellers at market?GER40 - 24h expiry Price action continues to trade around the all-time highs. Daily signals for sentiment are at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A higher correction is expected. A break of the recent low at 16190 should result in a further move lower. We look to Sell a break of 16188 (stop at 16268) Our profit targets will be 15988 and 15948 Resistance: 16270 / 16333 / 16400 Support: 16190 / 16140 / 16000 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURShort
by OANDA
DAX to turnaround at all-time highs?GER40 - 24h expiry Price action continues to trade around the all-time highs. Daily signals for sentiment are at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A higher correction is expected. A break of the recent low at 16240 should result in a further move lower. We look to Sell a break of 16238 (stop at 16328) Our profit targets will be 16028 and 15978 Resistance: 16310 / 16333 / 16400 Support: 16270 / 16240 / 16200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURShort
by OANDA