GER30 CFD
Tuesday: DAX - Week 36Hello Traders! Check Related Idea for market context!!
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GER30 (DAX INDEX) 1D Chart - BUYGER30 is creating a Bullish Flag on the 1D chart. This is signifying a long-term buying opportunity for the index. It is currently on the back end of the formation, the break and retest, so momentum and trading activity should be increasing behind the buyers very soon.
dax will go down to 15570 to fill old gap in coming days ,dax target is fill gap (cash xetra dax gap) then little by little will go up to touch 16100(new high)
arrow=best order place with sl=40 or last high,low
yellow fibo = trend base fi'bo extention (projection)
on daily chart on cash xetra we have high volume=trend change signal
prnt.sc
larg banks(cfd brokers liquid provider) and big fund managers start sell dow futures (dax and dow similar and brother)
prnt.sc
i wish you success ,this is my workplace link
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GER30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15832 (stop at 15791)
Daily signals are bullish.
Dips continue to attract buyers.
Expect trading to remain mixed and volatile.
A break of bespoke resistance at 15830, and the move higher is already underway.
The trend of lower highs is located at 15950.
Our profit targets will be 15948 and 15968
Resistance: 15800 / 15830 / 15900
Support: 15750 / 15700 / 15670
Dow Jones - Unsustainable Gains ⚠️US30 has been making incredible gains but with all good things, there must come a period of respite.
We are long overdue a correction - which could be in the form of a slow decline or a massive drop like we saw last time. This will not happen until we see major news or government intervention which would cause a big correction.
Currently we are seeing MACD divergence which is an indication that something big is coming. Keep an eye on the minor ascending trendline and monitor that for a break.
Dow Jones - Unsustainable Gains ⚠️US30 has been making incredible gains but with all good things, there must come a period of respite.
We are long overdue a correction - which could be in the form of a slow decline or a massive drop like we saw last time. This will not happen until we see major news or government intervention which would cause a big correction.
Currently we are seeing MACD divergence which is an indication that something big is coming. Keep an eye on the minor ascending trendline and monitor that for a break.
DAX Which Channel will prevail?DAX is ahead of critical crossroads as the long-term Channel Up (blue) that was formed after the November 2020 U.S. elections is on its last leg (d) before the aggressive rally that last time (March-April) led to leg (e).
If this pattern is not repeated, then there is a new Channel Up (orange) that may continue this uptrend but in a more controlled, less aggressive manner. I believe that the signal for this will be a closing below the 4H MA200 (orange trend-line).
Which Channel Up do you think will prevail?
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GER30 4H (downward more available)Ger30, the price in a some last day tryed to get lower point but failed about that so now i think continued the downward, but another side if the price can stable above 15850 then will try to get strong upward.
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Tendency: downward
Entry: stabilize under 15710
Tp.: 15620 &15500 & 15290
Sl.: 15890
25 August wednesday: on dax , AC and stoch 4hour is red 16000 and 16200 is buyer target
in next hours dax can go down,in green arrow( we must put buylimit with sl=40 point
buystop on yesterday high is possible (dont pick sell under 16000)
enjoy bull market in 2021-2022 =buy in deep ,hold 4-5 day ,close on high
DAX 30Technical Analysis of the DAX 30 Index The main German index did not witness stability during last Friday's trading, as a result of the tension between the bulls and the bear.
Where it can be observed that the sellers took control of the DAX, we notice its decline at the beginning of trading from 15814 points towards the levels of 15651 points, and with the failure to break the first support areas as a result of the high buyers’ determination, it rebounded to close at 15819 points and turned from red to green.
DAX analysis:
The German index is moving in a bullish direction that is being formed on the 60-minute time frame, supported by the breach of the descending trend line during last Friday's trading, and it breached the top of 15814 points, and the technical indicators support our view.
· The fast simple moving average and the slow simple moving average during the last trading sessions of the last week, and its signal changed from bearish to bullish.
The Relative Strength Momentum Indicator (RSI 14)) is trading in an uptrend supported by the breach of the descending trend line and the 50-point area.
· Analysis of the (ADX) index closed last Friday's trading at 34 points, which indicates the strength of the bullish trend.
GER30 Buy the previous resistance.GER30 - Intraday - We look to Buy at 15812 (stop at 15758)
Previous resistance, now becomes support at 15800.
Dips continue to attract buyers.
We look to buy dips.
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 15969 and 15989
Resistance: 15970 / 16000 / 16030
Support: 15900 / 15850 / 15800