Dax daily long-term : technical say dax can go to 19000 FOR ALL INDEX FROM DOW TO NASDAQ : we strongly advice 90 percent looking for buy and be careful from sell
dax 1st target is fibo61% 14500 and if break it and high can start wild trend to new high 19000 in 2023
keep monitor AC indicator on dax 4hour chart ok?
if you have old sells you must close all above 13950 support
note: COT data in chart below is for big banks net open order on dowjones futures YM1!
wish you win
FDXS1! trade ideas
Dax 4hour : all eye on 14800 supportas i predict in low, dax flyup and can go upper now...if you have sell you must put SL on new high
above green arrow after pinbar we must buy and hold to high
good luck
alert: trade dax, other index need minimum 5 year trade on demo ,,, if you dont have 5 year practice on demo dont trade them
DAX: Push itIt's not a struggle for the German index! The DAX index used all its willpower to find its way up and pushed all the way to climb above the resistance at 13 970 points. We're currently observing an upwards slope that should steadily move into the pink zone between 14 346 - 14 687 points. As soon as the blue wave completes its movement, the trend should turn into a downwards slope heading to the resistance at 13 970 points. If the DAX can't keep its upwards trend going, there's a 35% chance for the trend to cross the support at 13 036 and drop below 11 829 points into the green zone. We'll keep you posted on whether the DAX can keep up with its hard work or if it slams on the brakes.
IMPORTANT BREAKOUT - Opportunities in SMALL CAPSThe price made a significant move, breaking out of the channel of lower highs it was forming during the year. Probably will see a retest, before climbing higher. Next resistance between 14000 - 14700.
European markets already capitulated, although the S&P 500 hasn't yet.
The European Economy's future doesn't look bright.
Nevertheless, I think that the market already priced these risks.
Exciting opportunities in Small Caps in Europe.
Do not follow the crowd, be OPEN-MINDED, and be CONTRARIAN.
Good luck with your investments.
dax daily long term view : dax can start big +up trendline dax find a shape can start +up trend ...strangly advice above 13000 dont pick sell ... .90% looking for buy
in 2023 we can see dax in 19000 (fibo 161%)
secret : when dax go above EMA200 daily (big orange line), this mean +up trend start and pick sell is stupid
good luck
DAX Crucial 1D MA200 test! Sell with low risk but BUY if broken!The German stock index (DAX) has been trading within a Channel Up (Higher Highs/ Higher Lows) since the September 29 bottom. Following the contact with the 4H MA50 (blue trend-line) on Wednesday's Fed Rate Announcement, the price has been rebounding strongly, aiming at the 1D MA200 (red trend-line).
Having already broken above the January 05 Lower Highs trend-line last week, that would be the most crucial test for the long-term trend as the 1D MA200 has been unbroken since February 02, practically throughout the whole Bear Cycle of 2022. If broken, expect a Higher High on the Channel Up that would test the 13980 August 16 High (Resistance 1) where a 1W closing above it can target further upwards the 14710 June 06 High (Resistance 2).
Until the 1D MA200 break-out happens though, DAX's Channel Up draws heavy comparisons with the July 14 - August 16 Channel Up, which eventually topped and started a new heavy sell sequence that made the current market Low. As you see the top was formed after a 4H MA100/200 Bearish Cross (4H MA100 green trend-line crossing below the 4H MA200 orange trend-line), which is the pattern that DAX just formed today. On top of that, the 4H RSI sequences of the two Channel Up patterns are very similar following an (a)-(b)-(c)-(d) pattern. That means that until the price breaks and closes above the 1D MA200, being that close to it, we can take a low risk/ high reward sell and target the 4H MA200 (orange trend-line).
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DAX: Bull flag breakout, or has the high been seen?The DAX is set to open lower, but there are two potential scenarios to monitor; a bullish breakout from a bull flag โ or the swing high has already been seen around trend resistance.
The DAX has rallied from the September low in three waves, which could either be part of a new bullish trend or part of a 3-wave retracement. If we look at price action alone, the rally from 12,000 has been strong and a potential bull-flag is forming. Should we see prices break above 13,000 then weโll assume the bullish trend is set to continue.
But there are two potential flies in the ointment which could scupper such a break higher. The rally has been seen on declining volumes, which suggests the โrallyโ is corrective and not impulsive. Furthermore, the bull flag remains stuck beneath trend resistance. And given we recently saw a -bar reversal on the four-hour chart within the supposed bull flag, we are on guard for a break beneath yesterdayโs low to assume bearish continuation.
DAX 4hour : dax can reach 14500 , be careful from sellin coming hour dax little must go down but trend will remain up
in my idea when pinbar come pick buy and hold it 7-8 day to minimum EMA200 daily 13500
only under red allow we must pick sell after pinbar comes on 1hour or 4hour or daily chart
good luck
DAX Hit the 4H MA200 for the first time in +1 month.DAX (FDAX1!) hit today the 4H MA200 (orange trend-line) for the first time since September 14. This is still technically a short-term bullish reaction (Channel Up) within two longer term bearish structures (Bearish Megaphone with the dashed lines and Falling Wedge o a broader frame). With the 4H RSI approaching its Resistance Zone, it is not unlikely to see a rejection by tomorrow back to the 4H MA50 (blue trend-line).
We have accurately laid out this information on our previous DAX analysis 10 days ago:
Basically as it happened from July 19 to August 12, we may see continuous pull-backs on that Zone as the price breaks the Bearish Megaphone to test the top of the Falling Wedge. On the long-term only a closing above the 1D MA200 (red trend-line), which is untested since February 02, can be enough to change the trend from bearish to bullish.
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