ShortThe price has surged to 21,804.40, but a decline signal is now emerging. If the strength dips to the pivotal point of 21,092.7, we could see it heading toward the key Fibonacci level of 20,435 in the coming weeks.
DE30 trade ideas
Can You Beat The Next Gen Automated Trading System?DE40 on automation was certainly a traders favourite for Jan 2025, helping pass multiple funded trading account challenges and locking in withdrawals the pair DE40 has gained much popularity in the club members hangout channel on discord. US30 was a close runner up along with GOLD!!!
Wandering DAX Butterfly In the SkyThe German stock index is inching closer to the 21800 euro level, hovering around the golden Fibonacci ratio without much hope for the future.
It seems like it's in need of a deep rest due to the lack of clear financial and political policies.
Time to kick back and relax, stock index!
SEYED.
DAX H4 | Pullback resistance at 50% Fibonacci retracementDAX (GER30) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 21,514.06 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 21,855.00 which is a level that sits above a swing-high resistance that aligns close to the al-time high.
Take profit is at 20,950.00 which is an overlap support that aligns close to the 38.2% Fibonacci retracement level.
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GER30 Long There is no pattern to go long but this is at target 2 of a short pattern above
This is with the H4 trend and there is a lot of support at this level
After the fast drop this tends to bounce back up
stop loss of 100 pips
GER40-SELL strategy weekly chartI took profit on the short @ 21,165 and will be selling again higher when seen. Overall SELL strategy should remain, and we have not see the full correction I believe is possible.
Strategy SELL @ 21,275-21,350 and take profit at 20,925 for now.
GER40-SELL strategy short-and long termThe index is very overbought, and this amidst weakening EU economies, and lowering of rates, provides no basis for the levels we see for this index. the RSI is very high, and we are trading above the regression channel, which cannot last forever, and usually in following sessions this will correct.
Strategy SELL @ 21,650 - 21,750 and take profit near 20,925 for now.
DAX40 has a strong bullish momentum, could it rise further?The price is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 21,471.10
1st Support: 20,926.30
1st Resistance: 22,397.17
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#202505 - priceactiontds - weekly update - daxGood Evening and I hope you are well.
comment: Bear mode was good last Monday but that was about it for the bears. Every day market left behind a bullish gap, mostly without closing it. This is overdone, overbought, climactic and a parabolic rally which is always unsustainable. Still those facts do not help anyone shorting this. I am continuing with my plan to scale shorts with stop 22300.
current market cycle: Bull trend (very climactic move last week, market needs to take a breather or will outright crumble again)
key levels: 20500 - 21800
bull case: Bulls are still in full control. The bull channel continues until clearly broken. Bulls now only have the most obvious target left with 22000. There is no reason for bulls to not expect this to go to at least 22000 now. Bears are absolutely doing nothing and we have only 1 bar going the low of the previous day. This is as climactic as it gets but it can go further.
Invalidation is below 21400.
bear case: Bears got a big gap down on Monday and bulls just bought it relentlessly again. Tough times to be a bear. New US - EU tariffs are around the corner and this could be the trigger to finally see some bigger profit taking and the bear awakening. Technically as long as the bull channel holds, bears got nothing. First target next week is closing gaps below. It would be amazing if bear get down to 21400 fast, then 21000 is possible next week.
Invalidation is above 22300.
short term: Neutral until we break below 21400.
medium-long term from 2024-01-25: No more bullish talk. Full fucking bear mode.
current swing trade: Scaling in and out of shorts with stop 22300.
chart update: Adjusted medium term bear leg down to 20800/21000.
DAX40 Update on BreakoutThe DAX40 has pushed upwards after the regression breakout.
The other European Indexs have also moved upwards and starting to consolidate at their current prices
DAX reached upper limit of rising wedge - reversal possibleWhen in doubt - zoom out
On Thursday and Friday the DAX / GDAXI reached a high of 21800. Could this be a potential top ?
Looking at the W and M chart (log) the DAX (XETRA) has been trading in a rising wedge since 2003.
With reaching the 21800 level, the DAX has touched the upper line of this rising wedge again. The last time was in April 2015.
The monthly MACD (5 30) has never been this high and the last time the RSI was this high (77) was in 2015 and 2007.
Zooming in on the 5 minute chart (GDAXI), price touched the 21790-21800 region five times in the last two trading days, fell below the current trend line (since Jan 13th), retested it and was rejected to the downside.
There are no certainties in the stock market, but this being at least a local top is quite probable.
DAX Extension impulse Dax looking to perform a nest with expected targets from fib extension based one lower degree. Expected targets 1.00 / 1.123/161.8
DAX Index Analysis.**DAX Index Analysis: Current Trends and Outlook**
**Current Price:** €21,656.13 (as of January 31, 2025.
**Recent Movement:** The DAX Index has shown a robust upward movement, particularly evident in the recent daily sessions. The price is currently near its recent high of €21,656.13, reflecting strong market momentum.
**Technical Indicators:**
- **Moving Averages:** The short-term moving average (blue line) is positioned above the long-term moving average (orange line), confirming the bullish trend.
- **RSI:** The Relative Strength Index (RSI) is above 70, indicating overbought conditions. This suggests the index may face some short-term selling pressure.
- **MACD:** The Moving Average Convergence Divergence (MACD) shows a bullish trend, with the MACD line above the signal line, supporting the positive outlook.
**Fundamental Factors:**
- **Economic Growth:** Germany's robust economic performance and strong corporate earnings have been key drivers of the DAX's recent performance.
- **Interest Rates:** The European Central Bank's (ECB) accommodative monetary policy continues to support equity markets, including the DAX.
- **Global Markets:** Positive sentiment in global markets, driven by optimism around trade agreements and economic recovery, has further boosted the DAX.
**Outlook:**
- **Resistance Levels:** The DAX is currently testing the resistance level around €21,700. A successful breakout above this level could lead to further gains.
- **Support Levels:** Key support levels are seen near €21,200 and €20,800. These levels could provide buying opportunities if the index faces any pullbacks.
- **Market Sentiment:** The positive economic outlook and strong corporate earnings continue to support the bullish trend in the DAX. However, investors should keep an eye on potential risks, such as geopolitical tensions and changes in ECB policy.
**Conclusion:**
The DAX Index is in a strong uptrend, supported by positive technical and fundamental factors. Traders should monitor key resistance and support levels for potential trading opportunities. A breakout above €21,700 could lead to new highs, while any corrections may provide strategic buying opportunities for long-term investors.
GER30 POSSIBLE SELL?The market is currently showing a possible Daily divergence that could form based on what the RSI is showing. On the 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible SELL.
We could see SELLERS coming in strong should the current level hold.
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Germany 40 Index – Charting the UnchartedThe week started badly for the Germany 40 index as it was dragged lower by the sharp dip in market sentiment created by the fears around Chinese artificial intelligence DeepSeek’s potential impact as a disruptor in the AI space.
However, that early Monday drop to lows at 21,078 didn’t last long, with strong earnings updates from SAP (No.1 weighting in index) which saw the stock to print new all-time highs, and Siemens (No.3 weighting in index), helping to reverse the falls and start a rebound that has seen the Germany 40 register yet another record high at 21,791.
Not only that, the ECB cut interest rates for the Eurozone, as expected by 25bps (0.25%) to 2.75% on Thursday, and President Lagarde maintained the central bank’s dovish stance, suggesting risks to growth are tilted to the downside and that inflation will fluctuate before settling around the central banks 2% target, while indicating policymakers remained open to more interest rate cuts, if incoming data between now and the next meeting on March 6th supported it.
So, looking forward, it seems that the macroeconomic backdrop may be more settled for the Germany 40 index, although excessive long positioning could be a catalyst for a correction at some stage.
What do the technicals say?
Technical Update: Germany 40 Index
The current phase of price strength continues to be seen within the Germany 40 index, a move that has consistently posted new all-times. Of course, this means the index is now trading in uncharted territory, where it can often be difficult to establish the next valid resistance levels.
That said, technical analysis can help in this regard. By using Fibonacci extensions of recent price weakness, we can project potential resistance points, on which traders may be focusing. This doesn’t guarantee sellers being found at these levels, but it is worthwhile to be aware of these possible resistance levels over coming trading sessions.
Resistance: Fibonacci Extensions
Calculating extension levels using the last price correction seen between the December 13th high at and the December 20th low at, indicates that traders may now watch how resistance at 21780, the 138% extension level is defended, as this may be an area at which fresh sellers emerge again.
However, while much depends on future price trends, a break higher above this level on a closing basis may result in further price strength towards 22005, which is the 162% extension level, or even 22350, which is the higher 200% extension.
Support: What is the Germany 40 was to dip from here?
Of course, just because an asset is posting new all-time highs, doesn’t mean that price strength can continue indefinitely without downside corrections. With that in mind, we must be aware of possible support levels that if broken may indicate that a deeper phase of price weakness is about to emerge.
Traders may well be watching the 21432 level, which is half of the latest strength, as a potential support, if a sell-off is seen. Breaks below this level could skew risks towards further price weakness, with focus may be then shifting to the weeks low at 21078.
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DAX H4 | Pullback support at 38.2% Fib retracementDAX (GER30) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 21,514.06 which is a pullback support that aligns close to a 38.2% Fibonacci retracement.
Stop loss is at 21,080.00 which is a level that sits under swing-low support.
Take profit is at 22,033.93 which is a level that aligns with the 61.8% Fibonacci projection.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
de30 analysisde30 analysis
Before we start talking
I would like to tell you that we have a history in the world of analysis that is trustworthy without errors in the medium and long term and everything that is here on our page and our official pages is an accurate analysis of all markets and we had an old update about the targets at the level of 20700 and 21400 and indeed we are exceeding this level and we are now at the level of 21685
Now we have this chart and I confirm that we have upcoming levels up to 22600
If your goal is to invest, you must be patient because patience is the basis of trading and your goals are certain, but with patience and not dealing with the emotions of fear
We will be with you step by step about the markets or any new updates about any market
GeR30 BIG CATCH. DOWNTREND?Yes, as i mention in the previous indices that sells are much expected after this long Bullrun. Perfect area to execute orders. This is just the beginning of the great.
Elliott Wave View: DAX Pullback Should Find BuyersShort Term Elliott Wave View in DAX suggests that rally from 11.19.2024 low is in progress as a 5 waves nesting impulse. Up from 11.19.2024 low, wave 1 ended at 20522.82 and wave 2 dips ended at 19649.87. The Index nested higher in wave 3. Up from wave 2, wave i ended at 20024.79 and wave ii ended at 19833.82. Wave iii higher ended at 20391.17 and wave iv ended at 20255.85. Wave v higher ended at 20480.49 which completed wave (i).
Pullback in wave (ii) ended at 20025.28. Index has resumed higher in wave (iii). Up from wave (ii), wave i ended at 20362.59 and wave ii ended at 20234.26. Wave iii higher ended at 21330.87 and wave iv ended at 21212.25. Wave v higher ended at 21491.51 which completed wave (iii). Pullback in wave (iv) ended at 21081.61. Expect wave (v) to end soon which should complete wave ((i)) in higher degree. Afterwards, wave ((ii)) pullback should correct cycle from 12.20.2024 low before the rally resumes. Near term, as far as pivot at 19648.57 low stays intact, expect dips to find buyers in 3, 7, 11 swing for more upside.
DAX Wave Analysis 29 January 2025
- DAX broke the key resistance level 21500.00
- Likely to rise to resistance level 22000.00
DAX index recently broke the key resistance level 21500.00 – which stopped the previous minor impulse wave i earlier this month.
The price earlier reversed up from the upper trendline of the daily up channel from August (which is acting as the support after it was broken previously in December).
Given the powerful daily uptrend, DAX index can be expected to rise further to the next resistance level 22000.00 (which is the target price for the completion of the active impulse wave 5).
DAX- Short setting up (DE30 or DE40)The Dax is entering liquidity and supply and is looking like it may be getting ready for a short trade.
GER40: AMD SetupOn the chart, an AMD setup has been identified with an entry from the middle of the manipulation. The target is a take-profit beyond the ATH, as there is no reason to move lower. A slight wick touch to the lower levels is possible.
Scenario:
The price is slowly descending but is expected to deliver to the ATH during the New York session.
The current POC is at the last low, confirming the system's integrity.
This zone is also an OTE zone, serving as an ideal re-entry point, once again proving its effectiveness.
Watch for confirmations on lower timeframes to find the perfect entry moment.
GER40-SELL strategy 2D chartWe have been short from the highs, and took back around 21,190 yesterday. Overall, the view is not changed, as we should see a larger correction unfold. I suspect we wilol test 20,000 in the near term.
Strategy SELL @ 21,325-21,375 and take profit at 20,350 for now.
