Sell German 40 MORNING SIGNALI’m identifying a Dark cloud patter and a Bearish engulfing signal in one Zone Let’s drop guysShortby maswazigamede111
DAX / BASF Soars on Listing News; DAX Stays BullishBASF Jumps 5% on Agri-Chemicals Listing News; DAX Remains in Bullish Zone Shares of German chemical giant BASF (BAS) surged 5% following a Bloomberg report indicating plans to list its Agri-Chemicals business as part of a broader corporate overhaul. While the listing is projected to occur in several years, the official announcement is expected during the company's capital markets day later this month. DAX Technical Analysis: The DAX index remains in a bullish momentum zone, trading above 18,640. Potential upside targets include 18,850, with an extended move toward 18,980. The overall trend is expected to maintain its bullish bias ahead of the Federal Reserve's rate decision. However, a decisive break below 18,640 could indicate a downturn, with the price potentially dropping towards the 18,520 support level. Key Levels: Pivot Point: 18720 Resistance Levels: 18842, 18970, 19150 Support Levels: 18640, 18520, 18300 Expected Trading Range: 18640 - 18970 Trend Outlook: Bullish as long as the price remains above 18,640. Previous idea: Longby SroshMayiUpdated 6
DAX breaking above this Resistance can target 20000DAX hit yesterday Resistance 1 (the September 03 High) but got rejected and failed to close the candle above it. Naturally, the market is reacting with weakness today and so far a red 1D candle. As you realize, the key here is to close that candle above Resistance 1, which is what happened in the middle of the previous Bullish Leg of the 1-year Channel Up. After testing the Resistance at the time on January 29 2024, the index turned sideways for a few days, until it finally closed above it and started the 2nd phase of the Bullish Leg. All this time the 1D MA50 (blue trend-line) was supporting, just as it did recently on September 06. If those conditions are met, we expect another run towards the 1.618 Fibonacci extension (where the April 01 Higher High was priced). Our Target is slightly below it at 20000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot5
Germany 30 BuyI buy Germany 30. SL and TP on the chart. Now i just wait and see!Longby MsandroidUpdated 5
Germany 30 SellI sell Germany 30. SL and Tp on the chart. Now i just wait and see!Shortby MsandroidUpdated 3
DAX sell setupWe have a opening market gap and an order block above it. So I think we're coming to touch this level and then go down to fill the other gap. Let's see what happens...GShortby NavidNazarianUpdated 3
DAX: Aggressive uptrend for the rest of the year.DAX maintains a very healthy bullish 1D technical outlook (RSI = 60.112, MACD = 108.800, ADX = 23.465) as it is extending a rebound aon the 1D MA50, after an August 5th rebound on the 1D MA200 as well. Successive holds of those levels suggest that the index has already started the new Bullish Wave of the 2022 Channel Up. We can target at least the 2.0 Fibonacci level (TP = 20,250) as it was the level that priced the last HH. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope5
DAX 40 Reacts Positively to ECB's Rate Cut DecisionDAX 40 Reacts Positively to ECB's Rate Cut Decision Yesterday, the European Central Bank’s Governing Council cut the refinancing rate, as expected, from 4.25% to 3.65%. The ECB also stated that monetary policy would remain sufficiently restrictive "for as long as necessary" to ensure inflation returns to its medium-term target of 2%. Financial markets responded with: → A strengthening of the euro. EUR/USD rose by more than 0.5% after the rate cut announcement. → A rise in European stock market indices. For example, Germany's DAX 40 index (Germany 40 mini on FXOpen) received a bullish boost, which supports more optimistic conclusions in today's technical analysis: → Price movement fits within the ascending channel shown in blue. → The thickened line highlights that the median of the channel repeatedly acted as support before early August. As indicated by the arrow, it regained this role after the sharp decline on 5 August. → The linear regression channel (shown in purple) points to upward momentum. Investors may feel optimistic, expecting that this autumn demand forces could lift the DAX 40 (Germany 40 mini on FXOpen) towards the upper boundary of the channel. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen227
Germany 30 SellI sell Germany 30. SL and TP on the chart. Now i just wait and see!Shortby MsandroidUpdated 3
Dax AnalysisAs you can see we touched this swing high 3times and we also have a good divergence in TSI that indicates sellers are coming in. I think we'll have a CHoCH to the down by breaking the low to feel the opening market gap. If this happens I'll look for a sell opportunity... GShortby NavidNazarian2
European Shares Gain as DAX Holds Bullish Momentum Ahead of CPIEuropean Shares Rise, Led by Tech and Resources Sectors European shares opened higher on Wednesday, with gains driven by the tech and basic resources sectors, as investors await a key U.S. inflation report for insights into the Federal Reserve’s upcoming interest rate decision. The DAX remains in a bullish momentum zone as long as it trades above 18,180, with potential targets at 18,520 and, beyond that, 18,645. The trend is expected to remain bullish ahead of the inflation data, and if the data aligns with expectations, this momentum is likely to strengthen. However, a break below 18,180 could signal a downturn, with the price potentially falling towards 17,960. Key Levels: Pivot Point: 18300 Resistance Levels: 18520, 18640, 18780 Support Levels: 18180, 17970, 17740 Expected Range: 18180 - 18780 Trend: Bullish as long as the price stays above 18,290 and 18,180.Longby SroshMayiUpdated 6
DE40 | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # Trend | Time Frame Conductive | Weekly Time Frame - General Trend - Measurement on Session * Support & Resistance * Trade Area | Focus & Motion Ahead # Position & Risk Reward | Daily Time Frame - Measurement on Session * Retracement | 0.5 & 0.618 * Extension | 0.786 & 1 Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | BuyLongby P-Ment4U2
DE40 (aka GER40) - LONG (BUY) Trade CallOverall trend is bullish on Daily TF. On 4h TF, Bullish Hidden Divergence has formed on RSI which indicates strengthening of bullish trend. Remember, Hidden divergences indicate continuation of trend. Therefore, Taking Long trade. LONG Buy Trade Call DE40 (GER40) Entry Buy Limit: 18740 SL: 18640 TP1: 18840 TP2: 18940 Longby Golden_Spur4
GER40 swing trade(UPDATE)Last week we were looking for a sell from 18500 with many technical confluences. We also had a 11 day straight bull run without any meaningful retracements. This is a continuation to the previous idea, as the price did not react from our level of interest and kept pushing higher. Currently waiting for 18800, which is the Weekly 0.786 fib level drawn from the all time high. We target 18500-18450 for our TP1. Will update next week. As always, trade safe and wait for confirmations before entering a trade. Fractals Trading Community, MeiShortby martinmei2
Long trade Trade Setup: Buy-side trade on DE30EUR (DAX) Entry Price: 18,517.0 Profit Level: 18,923.7 (2.20%) Stop Loss Level: 18,341.6 (0.95%) Risk-Reward Ratio (RR): 2.31 Key factors supporting this trade include positive economic data from Germany and the Eurozone and technical indicators that point toward bullish momentum.Longby davidjulien369Updated 2
German DAX30 buy setupAfter BOS to the top, now it's time for the pullback and I think this area has potential to set a buy order. Lets see what happens...Longby NavidNazarianUpdated 2
DAX 2HThe price has reached a resistance zone and has shown a good reaction. Around this time, you can enter the Sell transaction and earn a good profit.Shortby Trading-House1
Will the DAX index return to its ceiling?According to the resistance in the range of 18803 After breaking this area, expect to climb up to the 18947 range Otherwise, with the failure of its support in the 18605 range, we can expect the 18496 range to continue falling. by arongroups2
#202438 - priceactiontds - weekly update - daxGood Evening and I hope you are well. tl;dr dax: Neutral. Won’t be running into any more traps again. Both sides have reasonable arguments but bulls closed last week at the highs, so bulls are slightly favored. Best pattern currently is probably the big bull wedge we are in. Bulls want a retest of the ath 18990 and bears below 18000. Bullish above 18750 and bearish below 18200, neutral in between. Quote from last week: comment: Selling is already too strong for a pullback in a bull trend. We are in a big trading range and on our way to test the lower range somewhere between 17000 - 17500. Do we get there in a straight line like we went up in August? Highly unlikely but so was the climactic selling and the insane reversal over the past 5 weeks. comment : Disappointment bar on Monday, bears tried again on Tuesday and Wednesday but market held above 18200 and bears then quickly gave up. My bearishness last week was a bit too strong but slightly profitable until the reversal on Wednesday. So, not much harm done. Market formed a bull wedge and if bulls can close the bear gap to 18750 on Monday, we will very likely see 18990 or 19000 over the next days. Bears have nothing until they can get below 18200 or we reach 19000. I don’t think that many traders will be interested in buying above 19000 but let’s see next week. current market cycle: big trading range key levels: 17000 - 19000 bull case: Bulls did not do much on Monday and Tuesday but enough to make many bears take profits early and stall the market and bears were not having that, so they gave up. Bulls are favored if they get above 18750 but I think it’s very close to 50/50 if we make a new ath. Market is undecided to the max and we see many traps on any time frame. We are above the daily ema and the bull trend line from the wedge, so bulls are slightly favored. Invalidation is below 18200. bear case: Bears gave up on Thursday and do they want to fight it at 18700? I don’t think so. Thu + Fr was strong enough that we can expect a retest of the ath next week and there I expect stronger selling to happen again. Since we did not print 19000 so far, it’s an obvious magnet and market’s rarely touch those big round numbers and reverse from there. We will likely overshoot some before big bears come around. Make no mistake, this buying here is purely absolutely atrocious from any reasonable valuation level given many German macro indicators but that stuff will only destroy your account so let’s not go there. Market is overvalued and we will likely see 17000 again this year. Invalidation is above 18750. outlook last week: short term: Bearish but only on momentum again. Any pullback has to stay below 18700. Next targets for bears are 18000 and below that is 17500. Fun times ahead. → Last Sunday we traded 18301 and now we are at 18699. Bears fumbled it on Wednesday and then quickly gave up. Bearish momentum was there on Tuesday but they barely made a new low. Anyhow, bad outlook. short term: Neutral. Bullish above 18750 for 18900+, bearish below 18200 and neutral in between. medium-long term - Update from 2024-09-01: 4 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19000 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Next 2000 Points will be made to the downside but it’s too early to short this. current swing trade: Cut those shorts on Thursday and will try again around 19000 if bears come around. chart update: Added a bull wedge again and made the bear gap smaller.by priceactiontds1
GER30 ICT AnalysisThis is the 4H chart of GER30 which shows potential bearish continuation. I dont really know if we are going to just drop but the aggression leaves a huge room of a retracement possibilityby TheDemoTrader_SA1
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Dax Long position setupWe had a BOS to the down and then a CHoCH to the top. Now we have to wait for a pullback, and I think this area has its potential to set an order. This setup is in 4H TF, so also we can wait for the price to come into our area of interest and then wait for a CHoCH in lower TF like 15m TF and then find another entry zone... Longby NavidNazarianUpdated 3
DAX - BEARISH CORRECTION BEFORE CPITechnical Analysis DAX The price remains within a bearish zone as long as it trades below 18,520, with potential targets at 18,290 and, below that, 18,180. Ahead of the inflation data, the trend is expected to remain bearish. However, during the release of inflation data, a reversal to a bullish direction is possible due to potential rate cuts. Stabilization above 18,520 would support a rise towards 18,640 and 18,780. Key Levels: Pivot Point: 18520 Resistance Levels: 18640, 18780, 18970 Support Levels: 18345, 18260, 18180 Expected Range: 18540 - 18260 Trend: Bearish as long as the price remains below 18520.Shortby SroshMayiUpdated 4