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GER30-DAX

GER30 going towards 12000 again.In light of the tariffs negotiation amid the trade war between USA and China we have seen stocks and indices plummeting, the case of the GER30 is no different, we have it today falling towards 12000 level, and just below there is a resistance which if not broken and fundamentals spur risk on, we can see the price going towards 12150 again, otherwise will visit low 11800 again. At the moment of writing price pivoted around 12050. MACD on 4h chart hits for further. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Risk Warning: Trading on the Financial Markets, Stock Exchange and all its asset derivatives is highly speculative and may not be suitable for all investors. Only invest with money you can afford to lose and ensure that you fully understand the risks involved. Please remember that past performance may not be indicative of future results. Supplied information is not an advice.
OANDA:DE30EUR
by TheTrade_Academ
GER30 Dax good Bullish Target in VERY STRONG Bearish Area.COMPLETE Technical Analysis of GER30 Dax GER30 ( DAX ) Double 'W1" High candles broken for bullish move in the next weeks and maybe months. W1 target Convergences : 11'945 - W1 Double Highs heigth - Past D1 swing low - MN1/W1 Bearish Head/Shoulders pullback area Even if we had a heavy MN1 "head and shoulders", the market has drawn a good break out : - Double W1 high broken. - MN1 "mother candle" broken. - First near target high probability. (+ past swing low at the same level). Only buy in daily basis for "day trading" above 11'690. And if we finally break down under 11'390, then sell. W1 target Convergences : 11'945 - W1 Double Highs heigth - Past D1 swing low - MN1/W1 Bearish Head/Shoulders pullback area
FX:GER30Long
by HACK_inthe_MARKETS
Either a triple top or an inverted H&S: Crucial week1) Most indices retraced 50%, and we are at a very important turning point: if indices breakout cleanly there resistance (for instance SP500 at 2610.8, among other ones) then I would reassess my short bias as we would go back to potentially bullish territory (however, this would mean that the world and its economy become rosier --- no more issues!). The DAX could then retrace everything back up and reintegrate previous broken support levels. 2) In case it doesn't work out, then a triple top could be validated if a clean breakout occurs as well. We could retest all the leg down (80-100%). As volume is decreasing, I believe we had fake rallies and simply witnessed a great technical bounce (see monthly charts) while retracing a down run on US indices. We shall see, everything has to be decided tonight and in the following days in my humble opinion.
FX:GER30Short
by UnknownUnicorn569872
1