GER30 CFD
GER30 - For a new BOS ✅Hello traders!
‼️ This is my perspective on GER30.
Technical analysis: Here we can see pretty similar scenario as on photo. Price changed the character and started to form new BOS. I expect we could see here a new BOS above buy stop liquidity and then to reject from weekly bearish order block.
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GER30 Will Go Up From Support! Long!
Please, check our technical outlook for GER30.
Time Frame: 45
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 15550.6.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 15664.06 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GER30, H4 | Retreating to a support level?GER30 is retreating to an overlap support. Price could hit our buy entry at 15453.72 and reverse from this level. Momentum could carry price up to our take profit of 15667.58 which is an overlap resistance. Stop loss is at 15274.20 which an overlap support.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GER30, H4 | Potential bearish reversalPrice is approaching a key resistance level and potentially reverse, we could see the momentum carry price down to our take profit target.
Entry: 15707.45
Why we like it:
There is a swing-high resistance
Stop Loss: 15932.10
Why we like it:
There is an overlap resistance
Take Profit: 15484.75
Why we like it:
There is an overlap support
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Weekly Outlook Update - GER30 March 30Signed, sealed and delivered - to the tick. 112 points at London Open 30 March.
Doesn't seem very random to me. Once you realise it is all controlled, you can align yourself with the engine that delivers price on an interbank level.
Thank you for coming on the ride, hope you made some money!
Elliott Wave Favors DAX Rally to FailCycle from 9.28.2022 low has ended as a 5 waves impulse at 15706.51. We labelled this rally as wave ((1)) as the 1 hour chart below shows. Wave ((2)) pullback is currently in progress to correct cycle from 9.28.2022 low. The decline from wave ((1)) peak on March 7, 2023 is unfolding as a double three Elliott Wave structure. Down from March 7, 2023 high, wave ((a)) ended at 14664.17 and rally in wave ((b)) ended at 15153.11. Final leg wave ((c)) lower ended at 14458.39 which completed wave W in higher degree. Wave X rally is now in progress to correct cycle from 3.7.2023 high with internal subdivision as a zigzag structure.
Up from wave W, wave ((a)) ended at 15298.49 and pullback in wave ((b)) ended at 14809.82. Wave ((c)) higher is in progress to retest wave ((1)) high at 15706.51 before the Index turns lower. A 100% Fibonacci extension of wave ((a)) comes at 15644.18 which is a possible target for wave ((c)) of X. Near term, as far as pivot at 15706.51 high stays intact, expect the rally to fail and the Index to resume lower again.
GER30 Sell LongSupport occurs where a downtrend is expected to pause due to a concentration of demand.
GER30 Weekly Outlook WC Monday 27 March 2023I do not typically analyse this index. But this one's for the culture.
Anticipating longs unless I am proven wrong on Monday or Tuesday this week.
I have outlined the price targets you should be concerned with should you go in with a long bias.
This is technical science. Not random, there is no chance, no 'maybe it might do this or that'. It is calculated, specific levels in price have been provided.
If it does not look like it wants to reach for these levels, the long bias is invalid. I would look to sit on the sidelines or consider reversing the outlook.
All the best.
GER30, D1 | Potential bullish bouncePrice has bounced off the 23.6% Fibonacci retracement, we could see the momentum carry price up to its take profit target.
Entry: 14,872.48
Why we like it:
There is a 61.8% Fibonacci retracement and a swing low support
Stop Loss: 14,442.76
Why we like it:
Swing low support
Take Profit: 15,718.21
Why we like it:
There is an overlap resistance
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GER30 Hope you are having a nice day. Looking at Zone 1&2 it looks a lot like we might be seeing some neutral movement for Monday i will also take extra caution when taking a trade. I also noticed that Zone 3 on the chart was a big resistance level back in November and December 2022 and then got broken out of. I do however think that the market will be testing Zone 3 again for support, but we will have to wait and see.
GER30 DailyBeautiful higher timeframe retest of previous key level resistance looking left, as new support forming a higher low. 3 weeks now price has closed above this key region, & above this zone I am looking for price to resume the overall uptrend..
A lot of confluence in this region as it also aligns with the 50 fibonacci retracment of the previous impulsive stage. The corrective stage may now be coming to an end, & the trend may enter back into the impulsive stage of the uptrend as buyers are building up liquidity here.
DAX, an opportinity for the bulls to flip the switchDAX / 1H
Hello traders, welcome back to another market breakdown.
The dax has rejected a key level sending a signal to the bulls to buy more.
Checkout the what I'm waiting for a swing trade.
Trade safely,
Trader Leo.
DAX BEARISH As shown it looks like the market could still continue down the channel till the end of the week, as it comes up to retest the Fibonacci zone to sell. It has also created LH AND LL inside the channel. With NAS100 having reaching a point of ''HIGH DEMAND'' yesterday we might see the same occur on DAX. for now i am waiting to see if it respects the levels or breaks out creating new HH AND HL
DAX has turned negative.GER40 - Intraday -
Short term oscillators have turned negative.
The trend of higher intraday lows has also been broken.
The sequence for trading is lower lows and highs.
Preferred trade is to sell into rallies.
50 4hour EMA is at 15242.
We look to Sell at 15229 (stop at 15329)
Our profit targets will be 14979 and 14939
Resistance: 15000 / 15120 / 15250
Support: 14885 / 14700 / 14600
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.
GER 30 Bearish Projection (Daily TF)The GER 30 price has breached the bullish ascending channel to the downside with s strong bearish engulfing candle, and there is a strong likelihood that the price will undergo a further decline after testing the key level. Nonetheless, if the price surpasses and closes above the key level, there is a possibility of a bullish continuation, which would negate my previous perspective.
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DAX Major bearish breakoutWe're watching the support level of 14877 very closely as it's a major overlap, 23.6% Fib retracement and a break of this level, coinciding with the ichimoku cloud bearish exit, could trigger a massive drop to the next support level at 13863.
It's also nice to see strong bearish divergence vs Stochastic suggesting we could see a big reversal upon the break of the 14877 level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DAX still showing positive signs?GER40 - Intraday -
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
The bullish engulfing candle on the 4 hour chart the positive for sentiment.
We look to buy dips.
Support is located at 15290 and should stem dips to this area.
Our outlook is bullish.
We look to Buy at 15291 (stop at 15191)
Our profit targets will be 15471 and 15531
Resistance: 15500 / 15550 / 15600
Support: 15400 / 15350 / 15290
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.
DAX to turnaround from a bearish engulfing?GER40 - Intraday
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
The bearish engulfing candle on the daily chart is negative for sentiment.
Short term momentum is bearish.
50 4hour EMA is at 15490.
We look for losses to be extended today.
We are trading at overbought extremes.
GER40 - Intraday - We look to Sell a break of 15491 (stop at 15571)
Our profit targets will be 15291 and 15251
Resistance: 15550 / 15600 / 15650
Support: 15510 / 15450 / 15400
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.
DAX is slowly approaching all time highs.GER40 - Intraday
Broken out of the channel formation to the upside.
Trades at the highest level in 13 months.
Price action continues to trade around the all-time highs.
A lower correction is expected.
20 4 hour EMA is at 15525.
We look to buy dips.
We look to Buy at 15525 (stop at 15445)
Our profit targets will be 15725 and 15755
Resistance: 15680 / 15700 / 15800
Support: 15630 / 15585 / 15550
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.
