Long term target has been reachedWide of the chanel is 8900 points and now the price hit upper resistance at monthly frameShortby pederast4ence4
Long term target has been reachedThis is long term monthly chanel and the price hit upper resistance...next movie is sharp down i thinkShortby pederast4ence2
dax shortim shorting dax currently, the harmonic pattern suggest a negative trend coming, moreover the index rsi is overbought suggesting a draw back, blue lines is good targets zones for closing the posititionShortby swedish_viking2
Dax view and targets!PEPPERSTONE:GER40 Hi guys, ** I have 4 TPs and feel free in taking the level you wish of them. ** The index jumped up due to a massive bullish push and I see other moves to the upside. ** TPs and SL are on chart above. ** I believe too that the retrace to up will be happening from current price 20210 or from 20200 ** There is a little chance too that it could go down to the purple trend line down to jump from but I personally do not think so ** The time frame I used is 3h frame. Good luck all)) My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold. Longby moustafa_mareiUpdated 6
sell 20405 with 3 tpi sell it at 20405 with for sure till 2nd tp -much overbought -data are bad -pure speculation -us stock too are up -all on historical high -nfp today -end of the week -French crisis -Ukraine and more n more A legit correction is to comeShortby corsicasia1113
GER 40 Trade Log GER40 1H Long Setup: Entering at 0.5 FVG Level I'm eyeing a long position on the GER40 (DAX) based on the 1-hour timeframe. Here's the breakdown of my trade setup: 🔹 Entry Point: - Entering at the 0.5 level of the hourly Fair Value Gap (FVG). 🔹 Risk Management: - Risk: 1% of the trading account. - Risk-Reward Ratio (RRR): 1:2. - Stop Loss (SL): Placed below the 1H Kijun-sen line to account for potential volatility. 🔹 Trade Idea: - Expecting a retracement to the FVG before resuming the upward trend. - Aware that price action might slice through our SL, but willing to see how it unfolds. 📊 Technical Analysis: - Ichimoku Cloud: The price is above the cloud, indicating a bullish trend. Placing the SL below the 1H Kijun-sen provides a safety net against sudden dips. - FVG Levels: Fair Value Gaps often act as magnets for price retracements. The 0.5 level is a strategic entry point to capitalize on the potential bounce. 🌐 Macro Factors Supporting the Trade: - Economic Resilience: Recent data shows that the German economy is demonstrating resilience amid global uncertainties, boosting investor confidence. - ECB Monetary Policy: The European Central Bank's accommodative stance continues to support liquidity in the markets, which is positive for equities. - Political Developments: Speculation around leadership changes, such as discussions about President Macron's position, might lead to increased investor optimism in European markets. - Global Market Sentiment: A general shift towards risk-on sentiment globally can propel the GER40 higher. 📝 Note: Trading always carries risk. While the setup aligns with both technical and macroeconomic factors, unforeseen events can impact the outcome. Stay vigilant and adjust your strategy as needed. Let's monitor this trade and see how it plays out. Feel free to share your thoughts or any insights you might have!Longby Fondera0
DAX, 20K or 18473, both scenario possibleI´m expecting a major breakout towards 20K or a test of 18473 level. There is a volatility squeeze clearly visible on 1D chart. Personally I think that the first move will be a false one and the market will move the opposite direction, so be careful with the entry and do not FOMO. Try to trade the retests combined with CHOC, BOD on lower TF. If-when entry conditions for long or short trade are met, I will try to update this idea. Wish you good luck.by Rendon1Updated 5
DAX 40 Index Closes Above 20,000 for the First TimeDAX 40 Index Closes Above 20,000 for the First Time On 24 October, we noted that the DAX 40 stock index (Germany 40 mini on FXOpen) was losing bullish momentum and could break downward from the Bearish Rising Wedge pattern (marked with black lines). Since then, as indicated by the orange arrow on the DAX 40 chart: → The price dropped below the pattern. → It found support at the psychological level of 19,000, which had previously acted as resistance (marked by arrows). → The price then rose to a historic high, breaking the 20,000 level. Interestingly, the index has risen despite media reports stating: → The IFO Business Climate Index has fallen for the fifth consecutive month. → The German Services PMI has remained below 50.0. New data released today confirms that economic weakness is spreading beyond the manufacturing sector. The bullish sentiment may be driven by the weakening euro, which makes German export-oriented companies more attractive to investors. Today, the chart of the German stock index DAX 40 (Germany 40 mini on FXOpen) indicates that the stock market may be overbought: → The RSI indicator is at its highest level since May. → The price is near the upper boundary of the channel (marked with purple lines), constructed from key reversal points in autumn 2024. Given these factors, it seems plausible that a correction could be forming under the current conditions. After the rally that started in late November, the DAX 40 index (Germany 40 mini on FXOpen) may decline towards the former resistance level of 19,700. 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 FXOpen9
past performance is not garantee of future results :-)candle formation identical to jan 2015 -> excess above bollinger was 25% so target is Dax 22600 Good luck to those fading before confirmationLongby olivvUpdated 2
GER 40 Trade LogGER40 Short Position (Discretionary) Rationale : - Overextension: The GER40 index appears significantly overextended without substantial fundamental support. - Rising German Bond Yields: An increase in German government bond yields suggests a shift towards higher borrowing costs, potentially impacting equity valuations. - MACD Divergence: A notable divergence between the MACD indicator and price action indicates a weakening bullish momentum, often preceding a trend reversal. - CVD Divergence: Divergence in the Cumulative Volume Delta points to a disparity between buying and selling pressures, signaling a potential downturn. Trade Details : - Position: Short GER40 via market order - Risk Management: - Risk per Trade: 1% of trading capital - Risk-Reward Ratio (RRR): 1:2 Note: This trade is discretionary and anticipates a sharp correction at market open. Despite the lack of a formal signal, the confluence of technical indicators and macroeconomic factors supports this decision.Shortby FonderaUpdated 0
Short Opportunity DAXThere is opportnity to short DAX based on bearish divergence & completion of ABCD pattern. We can place buy stop order at the breakout of recent HL as inducated in chartShortby GulKiyani5
DE30 "GERMANY 30" Index Market Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist DE30 "GERMANY 30" Index Market Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 2H timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂Longby Thief_TraderUpdated 7
DAX 2.5R2.5R Trade on DE30EUR (DAX). 50% chance of success. Decent positive expectancy.Longby TipsOfPips1
Sell your GER40. Short long-term setup.The GER40 index is currently in a critical phase, with a key sell zone identified between 20,150 and 20,200. Traders looking to short this area could have a favorable long-term setup, with a target price of around 19,000 by January 2025. If the index breaks below this level, it may signal further weakness, paving the way for a larger bearish trend. Looking further ahead, by March 2025, if GER40 breaks the 18,900 curvature, it will trigger a major shorting opportunity. This could open up the path for a deeper decline, with a potential target of 16,300 by November-December 2025, as the index could enter a prolonged downtrend. However, staying above the 19,000 area is critical. If GER40 maintains support above this zone, it could form a bullish cycle, with a potential turnaround in early 2026. A break higher in January 2026 could signal the start of a smaller bullish trend, offering an opportunity for recovery after a period of extended weakness. Overall, the outlook for GER40 is shaped by the movement around 20,150-20,200. The direction it takes from this key level will dictate whether the index enters a bearish phase or potentially sets the stage for a long-term recovery.Shortby QuantumFusionWave3317
Possible correction and then upward continuationThe Dax was in a consolidation phase which turned out to be a bullish flag because price managed to break out and stabilise above this correction structure. As the indice is developing, price may correct a bit tageting the region between the 19600 and 19500. However, if price action fails to drop and manages to stabilise above the 19900's into 20k, the German benchmark will continue up.by Two4One4223
Mon 2024 12 02 Short||| Stats ||| Stats Day: ** 08:00 H4 double color, - Short ** 09:30 VOLD -1.2, AD -1.2, Senti +34, Agio St +0.04, Lg +0.04, - Short ** 09:45 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short ** 16:15 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short Stats Week: ** Fri US NFP 14:30:, ** Mon Morning rule - pending, ** Tue return to W1 trend and not a W1 trend change - pending, Stats Month: ** Christmas Rally - US election year, start Dec. Stats Year: ** US Election, ||| Trade Taken ||| Trade Taken: ** Time frame: * H4 ** Time: * 08am, Set-Up: ** Trigger for trade: * 8am H4 double color Short, * Senti +34, Risk Reward: ** Risk: * Initial Turn, ** Target: * R 1:1 as trend is upShortby ErPatUpdated 2
DE40 (German Index) – Update on Yesterday’s ProjectionDE40 (German Index) – Update on Yesterday’s Projection As projected in yesterday’s analysis, DE40 has successfully broken to the upside, confirming the bullish momentum. Now, the key focus should be on waiting for the price to retest the critical zone at 19,675. Potential Trade Opportunity: If the price pulls back to 19,675, this could present a solid buy trade opportunity for two main reasons: Retest of Support Zone: The 19,675 level, previously a resistance, could act as a strong support after a retest. Shift in Market Structure: The overall change in character confirms the bullish trend, further supporting the case for a long trade. Important Note: Avoid taking a short trade just because you expect the price to pull back. The timing of the pullback is uncertain, and entering a short trade without confirmation could lead to unnecessary losses. It’s better to stay patient and wait for a proper setup. Final Thoughts: Focus on confirmation at 19,675 for a potential long position, and avoid speculative shorts in the current bullish environment. If this update helps, don’t forget to like and comment for more insights like this!Longby KainT2110
Weekly Technical AnalysisStart your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. *KEY Trend is set by the slope of the VWAP over 50 periods Phase is determined by the current price relative to the VWAP (20) level (above or below) Support & Resistance are set by the StdDev #2 Lower and Upper respectively. Momentum is determined by the RSI level (70 as overbought and under 30 as oversold). Analysis --------------------------------------------------------------------------------------------------------------------- Germany 40 has entered a new impulsive phase of its bullish trend, trading at 19,608, now comfortably above the VWAP (20) level of 19,197. Support is at 18,813, with resistance at 19,602. The RSI is at 60, indicating more bullish momentum and suggesting potential for a resumption of the uptrend. The UK 100 index looks more bullish within its longstanding neutral trend, trading at 8,287, above the VWAP (20) of 8,150. Support is positioned at 7,945, with resistance at 8,355. An RSI of 62 reflects more bullish momentum with a bullish bias. Wall Street remains bullish and is in an impulsive phase, trading at record highs of 44,876, comfortably above the VWAP (20) of 44,012. Support is at 42,824, while resistance is positioned at 45,199. The RSI at 70 signals strong bullish momentum in overbought territory in line with the prevailing bullish environment. Brent Crude is turning more bearish within its sideways trend eyeing a possible breakdown of the 7000 level, now trading at 7242, just below the VWAP (20) of 7250. Support is at 7050, with resistance at 7477. The RSI is below the 50-line at 46 momentum, consistent with the range-bound conditions but slightly more bearish. Gold has flipped into a more neutral consolidation phase, trading at 2,635, near the VWAP (20) of 2,630. Support is positioned at 2,543, with resistance at 2,721. The RSI at 46 indicates lackluster momentum, suggesting continued consolidation within a new range beneath record highs. EUR/USD remains distinctly bearish but has adjusted into a correction phase, trading at 1.0516, just below the VWAP (20) of 1.0552. Support is at 1.0409, with resistance at 1.0694. The RSI at 40 signals less bearish momentum than last week. GBP/USD remains bearish but (like EUR) is now in a correction phase, trading at 1.2706, slightly above the VWAP (20) of 1.2677. Support is at 1.2481, with resistance at 1.2874. The RSI at 47 reflects much less bearish momentum, implying a pause in the downtrend. USD/JPY has seen a steep correction of its former bullish trend and looks to have topped for the time being, trading at 150.23, below the VWAP (20) of 153.48. Support is near current levels at 149.52, with resistance at 157.44. The RSI at 38 reflects new bearish momentum. by Spreadex0
DAX - time for another SHORTTeam, earlier we short DAX got more than 70 points we are now RESHORT at 19715-20 with STOP LOSS at 19745-50 target 1 at 19672-65 target 2 at 19632-45 target 3 at 19312-19596 NOTE: Once the price drop below 19690, bring STOP LOSS TO BE. Shortby ActiveTraderRoom7
GER30 Eyes 20,127: Bullish or Bearish Ahead?Hello, FX:GER30 is showing bullish momentum, with potential upside toward the 20,127.027 level. However, from that point, a bearish reversal could emerge. If the 20,127.027 resistance level instead holds as support, further upside could be possible. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344by TradeWithTheTrend33441
DAX/GER - TIME FOR A SHORTTeam, last week we were lucky to get out from the DAX with a profit then, later they day, it pumps back DAX either visit old high and retests, SHORT DAX at current price 19646-50, STOP LOSS AT 19487, Target 1 at 19548-62 target 2 at 19465-76 Target 3 at 19332-399 NOTE: once the price drop below 19600, bring stop loss to BE to protect the trade we are looking at 3R-8R on this.Shortby ActiveTraderRoom3