DAX will fall soon!!!The Dax slowly but surely approaches the target zone
now it is to be seen when the first reversing candles will appear. This will also be the time at which I position myself short. not only intraday but also a knockout certificate.
what do we have here?
The Dax approaches the zone of resistance of the shoulder head shoulder formation.
This is also the point at which the 200 EMA is located as well as the 61er fibunacci.
According to experience, the dax could run a bit higher before he turns.
therefore it is enormously important to wait for the confirmation zone at the interesting zone. Here you can buy a trade cart with a very nice CRV.
the dax does not turn until the latest black trend line, the set up is no longer on.
enjoy the way
logindaten
Germany30
German 30, SHORT, good diagonal resistanceDiagonal resistance. Price just touched the level again, on which indicates a good downside momentum, with a gap opening and candle being rejected, not only diagonal resistance being touched but also a horizontal resistance.
Stop loss should now be above the gap opening candle, and take profit should be at the next support level .
Dax backtest soonHello everybody
Let's take a quick look at the dax.
we see the Dax fighting back into a crucial backtest zone.
The next few weeks will be very exciting as a reversing candle has to wait to position yourself dan and let things run their course.
in the moment, the dax still has strength therefore it is currently still to be seen how the candles look after the end of the weeks.
The Dax has broken a long-term shoulder-shoulder formation and is currently testing reversal formation.
enjoy the way
logindaten
DAX: Short opportunity on overbought levels.The index is trading on a 4H Channel Up (RSI = 69.786, MACD = 72.000, Highs/Lows = 56.2642) that has crossed into the overbought zone (STOCH = 95.784, STOCHRSI = 79.387, Williams = -3.343). Since the price is too close to the 11,570 1W Resistance, we will take this opportunity to go short and target the first Support on 1D = 11,300. This is where the 1D Channel Up will meet its median, which if broken, it can seek a Higher Low at 11,100. We will update if we decide to follow it that low.
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1 H Bear Flag DEU30 Short!Hi Guys!
As we see on this 1 H chart DAX showing clear signs of weakness! As the news came out of the USA, markets immediately turned around. I saw this move coming, as I spotted tone of bearish divergence since last week already.
I am entering a short now. I see this triangle formation to play out in the next 14 days.
RSI and MacD giving also nice short signals.
Let's see...
Happy and safe trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
Dax going downAfter the uptrend in the Dax, we went up again and corrected.
Now I assume that we will see falling courses in the next few days.
Why am I thinking that?
Now we see that we have made a deep down deep after a strong sell off.
After such a fall there is usually a correction.
We now have various resistance which now serve as support.
The 200 EMA was not broken.
the trend-limiting green line
weak volume
enjoy the way
logindaten
DAX wants to come back and falls againHello everybody
today was an exciting day to devote to the Dax.
If you have positioned yourself short you could watch the game relax.
We have seen an uptrend lately, which has declined more and more. The last high let one assume that it comes soon to the trend reversal.
Well, now we have fallen below the last low which means a clear reversal signal.
Beware the market has already given a lot of points.
I would not be surprised if he tries to fight back. Right there I'm looking for my new short boarding. I work with reversal signals at the main fibonacci level. I also go into the smaller time unit and look for possible resistance.
Caution is advised in the 10963 (blue line). This is a very strong resistance and many will position themselves long.
Personally, I am looking for my short entry and date this as the 1st price target.
There I pay attention to how the market behaves.
Enjoy the way
logindaten
A possible movementJust looking at the graphs, maybe the history will repeat one more time ;) Market seems to have one more leap forward before a correction in the first 2 weeks of February.
Last 2 days, we observed a nice upward movement at US stocks, but at the sometime Germany remain weak.
US-China trade talks will be postponed later in the month with a big visit of the president Trump to China. The analysts in China says it would be not possible to reach all goals. I guess it would be partial agreement, maybe some tariffs would be reduced ???? but I believe the further discussions will be ongoing --- this seems a positive information for sometime.
Dax corrected nowThe Dax has received several reverse signals today. It was a real short day and you could get some =).
The Dax is parried for the second time on the 78er fibunacci and is again below the 200 EMA in the 4 hour chart.
In the 1-hour chart, the MACD also comes to a head, which may lead to further price losses
I assume that he makes a backtest at the blue zone of resistance and then opens the way to head shoulder shoulder formation and also makes a backtest. if this is the case, the market will fall sharply again. Consider this is a longer-term forecast. You have to pay attention to how the course behaves there in all the resistance zones.
enjoy the way
logindaten
DAX will go up bevor he falls deeplyLet’s take a look at the long-term chart of the Dax. We can see that Dax has recovered well on an 1-hour chart after the touch of EMA.
since we haven’t seen any appreciable backtest of the shoulder-head-shoulder formation yet and we have exceeded the latest low in a short period of time. I proceed to the following upsiring courses, till we finally can see a reversed candle at the lower part of the formation.
#schnugg
enjoy the way
logindaten
GER30 marching for 11500?During this turbulent time of tariff imposing between USA and China, indexes have changed a lot in the way of movements, and the reactions on speculations are extreme, leading the spikes to be in hundreds and thousands of points in both directions. GER30 particularly has been very sensitive, thus a great possibility to trade with, but also very risky on the short term.
Yesterday and also today, probably we will hear about this more in the following days too, we have speculations that USA have been prepared to lift tariffs on China, or if not, at least get closer to an agreement on how to proceed in the future, so businesses will not be affected. finance.yahoo.com
That said even if USA and China have an agreement, the EU have been loud lately about how that agreement out of the WTO rules of engagements will have an negative effect on the EU business with USA and China, so from one side things can be resolved, but since another powerful economic organisation as the EU is, is having aspiration to lead the world in an economic sense, we can expect a lot more from Stocks and Forex movements, sudden spikes of volatility and instability in prices.
For now as it is , and if more positive news come in we have the GER30 on the run towards 11500.
1d chart analysis:
Resistance 11150, 11270, 11500.
Support 11750, 11580, 11280.
MACD: signals for further gains.
thetrade.academy
Risk warning!
---------------------------------------------------
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. You should first be aware of the risk and know what you do before you proceed with trading. Supplied information is not advice.
GER30 marching for 11500 level? During this turbulent time of tariff imposing between USA and China, indexes have changed a lot in the way of movements, and the reactions on speculations are extreme, leading the spikes to be in hundreds and thousands of points in both directions. GER30 particularly has been very sensitive, thus a great possibility to trade with, but also very risky on the short term.
Yesterday and also today, probably we will hear about this more in the following days too, we have speculations that USA have been prepared to lift tariffs on China, or if not, at least get closer to an agreement on how to proceed in the future, so businesses will not be affected.
That said even if USA and China have an agreement, the EU have been loud lately about how that agreement out of the WTO rules of engagements will have an negative effect on the EU business with USA and China, so from one side things can be resolved, but since another powerful economic organisation as the EU is, is having aspiration to lead the world in an economic sense, we can expect a lot more from Stocks and Forex movements, sudden spikes of volatility and instability in prices.
For now as it is , and if more positive news come in we have the GER30 on the run towards 11500.
1d chart analysis:
Resistance 11150, 11270, 11500.
Support 11750, 11580, 11280.
MACD: signals for further gains in the price.
Risk warning!
---------------------------------------------------
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. You should first be aware of the risk and know what you do before you proceed with trading. Supplied information is not advice.
Bullish Reversal On German DAX - Elliott wave AnalysisGerman dax unfolded an EW ending diagonal within a bigger wave, which seems to have found a low at the 10280 level, from where a nice rally is now developing. This rally can be labelled as wave 1, first wave of a bigger upcoming cycle that is expected to unravel five minor legs. At the moment we see a temporary pullback unfolding as part of wave 1, which can face support and a recovery near the 10782 level.
DAX 30 - INVERSE H&S SETTING UP Just the right shoulder left to form.
Will be looking to enter above the break of the neckline.
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The analysis is made based on chart patterns and EW.
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.