FDAX UpdateUS futures show no indication of direction but FDAX went oversold so now they're buying back into this dump, lol.
Good chance we see a complete gap fill today. Not gonna short anything except possibly BTC at the EOD.
DAX1! trade ideas
DAX INDEX FUTURES (FDAX1!), H4 Potential for Bullish RiseType : Bullish Rise
Resistance : 13968
Pivot: 13674
Support : 13379
Preferred Case: On the H4, with price expected to bounce from the stochastic support, moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise to the pivot at 13674 where the pullback resistance is. Once there is upside confirmation that price has broken pivot structure, we would expect bullish momentum to carry price to 1st resistance at 13968 in line with swing high resistance and 61.8% fibonacci projection .
Alternative scenario: Alternatively, price could drop to 1st support at 13379 where the overlap support, 100% fibonacci projection , 38.2% fibonacci retracement , -27.2% fibonacci expansion and 127.2% fibonacci extension .
Fundamentals: Since the Eurozone and German ZEW Economic Sentiment data worsened in the current survey, we have a bearish view on the DAX Index . We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.
DAX INDEX FUTURES (FDAX1!), H4 Potential for Bullish RiseType : Bullish Rise
Resistance : 13968
Pivot: 13674
Support : 13379
Preferred Case: On the H4, with price expected to bounce from the stochastic support, moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise to the pivot at 13674 where the pullback resistance is. Once there is upside confirmation that price has broken pivot structure, we would expect bullish momentum to carry price to 1st resistance at 13968 in line with swing high resistance and 61.8% fibonacci projection.
Alternative scenario: Alternatively, price could drop to 1st support at 13379 where the overlap support, 100% fibonacci projection, 38.2% fibonacci retracement, -27.2% fibonacci expansion and 127.2% fibonacci extension.
Fundamentals: Since the Eurozone and German ZEW Economic Sentiment data worsened in the current survey, we have a bearish view on the DAX Index. We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.
FDAX UpdateNot oversold yet which means a possibility of another gap down tomorrow.
At this point I'm thinking gap down tomorrow and reversal.
DAX 4 hour : looking for pinbar for buy as predict yesterday dax go down , now we must wait clear pinbar comes on 1hour or 4hour or daily chart then buy and hold it to 14200(gap on cash phisical dax)
wait time =4-5 dax SL=pinbar low
good luck
Mini DAX Futures (FDXM1!), H4 Potential for bullish riseType : Bullish Rise
Resistance : 14220
Pivot: 13670
Support : 13351
Preferred Case: On the H4, with price moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise from the pivot at 13670 where the pullback support and 23.6% fibonacci retracement are to the 1st resistance at 14220 in line with 78.6% fibonacci retracement and 100% fibonacci projection .
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13351 where the pullback support, -27.2% fibonacci expansion , 61.8% fibonacci retracement and 100% fibonacci projection are.
Fundamentals: Since investors have seen evidence that inflation has peaked, we have a bullish view on the DAX index .
Mini DAX Futures (FDXM1!), H4 Potential for bullish riseType : Bullish Rise
Resistance : 14220
Pivot: 13670
Support : 13351
Preferred Case: On the H4, with price moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise from the pivot at 13670 where the pullback support and 23.6% fibonacci retracement are to the 1st resistance at 14220 in line with 78.6% fibonacci retracement and 100% fibonacci projection .
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13351 where the pullback support, -27.2% fibonacci expansion , 61.8% fibonacci retracement and 100% fibonacci projection are.
Fundamentals: Since investors have seen evidence that inflation has peaked, we have a bullish view on the DAX index.
DAX 4 hour : as predict before ,dax touch 13940 trendline on high 13920 i close my buy , i am going sell under red arrow near 1940 (after pinbar comes on 1hour or 4hour or daily )
dont close your sell soon
good luck ,stand on very very low size , big size = margincall soon or late
DAX Targeting The 78.6% RetracementIn this update we review the recent price action the DAX futures contract and identify the next high probability trading patterns and price objectives to target
Mini DAX Futures (FDXM1!), H4 Potential for bullish riseType : Bullish Rise
Resistance : 14220
Pivot: 13670
Support : 13351
Preferred Case: On the H4, with price moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise from the pivot at 13670 where the pullback support and 23.6% fibonacci retracement are to the 1st resistance at 14220 in line with 78.6% fibonacci retracement and 100% fibonacci projection .
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13351 where the pullback support, -27.2% fibonacci expansion, 61.8% fibonacci retracement and 100% fibonacci projection are.
Fundamentals: Since investors have seen evidence that inflation has peaked, we have a bullish view on the DAX index.
DAX INDEX FUTURES (FDAX1!), H4 Potential for Bullish RiseType : Bullish Rise
Resistance : 14213
Pivot: 13782
Support : 13670
Preferred Case: On the H4, with price moving above the ichimoku indicator and along an ascending channel , we have a bullish bias that price will rise from the pivot at 13782 where the pullback support and 23.6% fibonacci retracement are to the 1st resistance at 14213 in line with 78.6% fibonacci retracement and 100% fibonacci projection .
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13670 where the pullback support, 61.8% fibonacci projection and 50% fibonacci retracement are.
Fundamentals: As the US Consumer Inflation eases, we have a bullish view on DAX Index .
DAX INDEX FUTURES (FDAX1!), H4 Potential for Bullish RiseType : Bullish Rise
Resistance : 14213
Pivot: 13782
Support : 13670
Preferred Case: On the H4, with price moving above the ichimoku indicator and along an ascending channel, we have a bullish bias that price will rise from the pivot at 13782 where the pullback support and 23.6% fibonacci retracement are to the 1st resistance at 14213 in line with 78.6% fibonacci retracement and 100% fibonacci projection.
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13670 where the pullback support, 61.8% fibonacci projection and 50% fibonacci retracement are.
Fundamentals: As the US Consumer Inflation eases, we have a bullish view on DAX Index .
DAX 4 hour : we have gap on 14200 , it is buyer target dax now little must go down , above green arrow after pinbar comes on (1h-4h-daily chart) we must buy and hold it 3-4 day SL=pinbar low
if you have old sell (i was give buy from 20 days ago low ) near 13320 you must close all or hedge
ADVICE = until 2023 star,90% looking for buy in deep (+buy pinbar) , be careful from sell , dax can move 2000 point up withouy pullback (dont allow you vlose sell)
good luck
FDAX UpdateFDAX MFI overbought so potential for a gap down Monday. If you played the dip this morning, you may want to lock in some profits EOD.
If you're bearish, wait until EOD to buy any puts, but a gap down isn't guaranteed during a melt up.
DAX broke above the 1D MA100. Important Lower High test.The German Index DAX (FDAX) is attempting today a 1D candle closing above the 1D MA100 (green trend-line) and if successful it will be the first since June 07. Despite the bullish short-term action, this is not the time to double down on buying as the January 05 Lower Highs trend-line (1) is right above, providing Resistance. On top of that, the 0.382 Fibonacci retracement level is at 13855.
Only a break above the LH (1) can justify further buying, targeting the 1D MA200 (orange trend-line) and the 0.5 Fib. Until then, it is likely to see a rejection and short-term pull-back to test the 1D MA50 (blue trend-line) as Support. Note that if the index breaks above the 1W MA50 (red trend-line), we can claim that the trend will turn bullish on the long-term.
A strong sign that we may be turning bullish on the long-term is the fact that the RSI on the 1W time-frame is on Higher Highs since March 21 with the price rebounding after the Double Bottom. We saw the exact opposite formations right before the 2022 correction started. Price formed a Double Top while the 1W RSI was on Lower Highs.
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Mini DAX Futures (FDXM1!), H4 Potential for bullish riseype : Bullish Rise
Resistance : 14210
Pivot: 13664
Support : 13376
Preferred Case: On the H4, with price moving above the ichimoku indicator and within the ascending channel , we have a bullish bias that price will rise from pivot at 13664 where the pullback support is to the 1st resistance at 14210 in line with 100% fibonacci projection and 78.6% fibonacci retracement .
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13376 where the overlap support, -27.2% fibonacci expansion , 100% fibonacci projection and 23.6% fibonacci retracement are.
Fundamentals: As the US Consumer Inflation eases, we have a bullish view on DAX Index .
Mini DAX Futures (FDXM1!), H4 Potential for bullish riseType : Bullish Rise
Resistance : 14210
Pivot: 13664
Support : 13376
Preferred Case: On the H4, with price moving above the ichimoku indicator and within the ascending channel, we have a bullish bias that price will rise from pivot at 13664 where the pullback support is to the 1st resistance at 14210 in line with 100% fibonacci projection and 78.6% fibonacci retracement.
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13376 where the overlap support, -27.2% fibonacci expansion, 100% fibonacci projection and 23.6% fibonacci retracement are.
Fundamentals: As the US Consumer Inflation eases, we have a bullish view on DAX Index.
DAX 4 hour : as predict befor , dax going to near 14000 area100% advice dont pick sell signals,looking for buy in deep
under red arrow ,after PINBAR on 1hour or 4hour or daily chart comes ,we can pick low size sell,with SL= pinbar or day high
good luck , keep watching AC indicator on 4hour chart on dax (dax full time chart)
DAX INDEX Futures (FDAX1!), H4 Potential for Bearish DropType : Bearish Drop
Resistance : 13802
Pivot: 13452
Support : 13013
Preferred Case: On the H4, with price breaking the ascending channel and MACD histograms are moving below zero, we have a bearish bias that price may drop from our pivot at 13452 where the 23.6% fibonacci retracement is to the 1st support at 13013 where the overlap support and 50% fibonacci retracement are.
Alternative scenario: Alternatively, price could break pivot structure and rise to 1st resistance at 13802 where the swing high resistance and 61.8% fibonacci retracement are.
Fundamentals: USD CPI m/m will release today, the potential tighten monetary policy may lead to European stock markets edged down.
DAX INDEX Futures (FDAX1!), H4 Potential for Bearish DropType : Bearish Drop
Resistance : 13802
Pivot: 13452
Support : 13013
Preferred Case: On the H4, with price breaking the ascending channel and MACD histograms are moving below zero, we have a bearish bias that price may drop from our pivot at 13452 where the 23.6% fibonacci retracement is to the 1st support at 13013 where the overlap support and 50% fibonacci retracement are.
Alternative scenario: Alternatively, price could break pivot structure and rise to 1st resistance at 13802 where the swing high resistance and 61.8% fibonacci retracement are.
Fundamentals: USD CPI m/m will release today, the potential tighten monetary policy may lead to European stock markets edged down.
FDAX UpdateAlong with the US market, EUropean market also reversed this morning.
Potential for a gap down tomorrow, especially if the US market finishes red. CPI Wed, and there's really no compelling reason for Europe to rally considering they will go into a recession by winter. I hope they like cold showers in the winter, they've got no natural gas....
DAX Targeting A 78.6% RetracementIn this update we review the recent price action in the DAX futures contract and identify the next high probability trading opportunity and price objectives to target
Micro DAX Futures (FDXS1!), H4 Potential for bullish riseType : Bullish Rise
Resistance : 14216
Pivot: 13674
Support : 13348
Preferred Case: On the H4, with prices moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 13674 where the pullback support is to the 1st resistance at 14216 where the 78.6% fibonacci retracement and 78.6% fibonacci projection are.
Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 13348 where the overlap support, 100% fibonacci projection and 38.2% fibonacci retracement are.
Fundamentals: Due to concerns of inflation , we have a bearish view on the DAX Index . We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.
