GER30 Short long term to support 12.390Possible short to 12.390 first target, based on Ichi-cloud D1,H4,M30 if break under 12.630.
Possible short correction up to 11.562 in the next steps, if the idea works.
Good luck :)
Germany30
Short DAX (Germany 30) I am looking for a potential short on DAX. It looks like there is a rejection by the imminent resistance area. Looking forward to the closes support area for first target.
Elliott Wave Analysis: S&P500 and German DAXStocks and Dax as we can see are both in a corrective rally; E_mini S&P500 has resistance near 2380 and DAX at 12680. On both markets invalidation levels are at the highs.
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DAX intradayContinue to move on the goals of Pattern Bullish Crab.
Possible scenario on the chart.
Targets on the chart.
Target 3 - ? (12800)
High risk trade!
Maybe sell DAXContinue to move on the goals of Pattern Bearish Dragon.
Possible scenario on the chart.
Targets on the chart.
High risk trade!
DAX IDEA Probably The end of the "New Heights" SHORT (08.05.17)Reverse idea.
Short with good volumes if we brake resistance levels.
DAX INDEX IDEA HIGH RISK SHORT (02.05.17)Correction possible down movement idea! Bearish consolidation.
HIGH RISK POSITION!
DAX (Germany 30) Post French ElectionDAX (Germany 30) went up to a new high at 12337. Can it go higher???
German Dax - Daily - Sell for a correction/ReversalGerman Dax is calling for a correction on monthly/weekly time-frames. Also with the upcoming french and german elections this year, I am expecting weakness/corrections in german dax for the coming weeks.
DAX - More downside to comeThe DAX has clearly broken its March rally in April, with lower highs proof of growing sellers. The break through of the blue support line indicates a lack of buyers, and this morning it switched from support to resistance.
Long DAX (Germany 30)Today’s trading idea is coming from the German index- DAX. During the day it sold off down to the closest intraday support at 12075. Buyers supported the price and it shot up to over 12175. This left a daily bearish rejection on the chart of this index. The daily candle is a pin bar and it seems logical that the next move will be up. Based on today’s activity, my possible long entry will be at around 12150. My stop-loss will be placed just under the low of the pin bar at 12035. I will be looking to take profit at around 12260 and then 12400– depending on price action. I will be extra cautious with this trade, because price is close to a major top, so even if I trade it, it will be a smaller size.
DAX - 30Moving on the channel- trend up.
Now DAX in supply zone.
And last 3 moths look like rising wadge
DAX 30 v1.4 good newsVery close to our forecast. If we stick to greenzone we long if we brake to red we short.
Bearish harmonic pattern near 2400With the DAX inside the PRZ of a weekly pattern and DIA testing weekly resistance line - SPX is presenting its own bearish option with bearish Bat and trend line resistance
