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Germany 40, DailyGermany 40, DailyGermany 40, Daily

Germany 40, Daily

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GDAXI trade ideas

Buy signal TiqGPT MARKET NARRATIVE: Analyzing the Germany 40 across multiple timeframes, we observe a complex interplay of institutional activity and liquidity dynamics. Starting from the daily chart down to the 1-minute chart, there is a visible shift in market structure and momentum that suggests a nuanced institutional footprint. Daily Chart (1D): The market shows a series of bullish and bearish candles with no clear directional bias, indicating a phase of distribution where institutions might be balancing their positions. The presence of wicks on both sides of the candles suggests indecision and liquidity hunts at both higher and lower price levels. 4-Hour Chart (4H): Recent candles show a sharp decline followed by a recovery, indicating a potential sweep of lows to capture liquidity below prior lows. This could be an inducement phase to trap bearish retail traders before a possible upward move. 1-Hour Chart (1H): The sharp downward candle followed by smaller bullish candles suggests a reaction from a liquidity pool or a mitigation block, indicating that institutions might be absorbing sell-side liquidity and potentially preparing for a push higher. 15-Minute Chart (15M): This timeframe shows a clearer picture of the liquidity sweep with a sharp decline and subsequent recovery, suggesting a possible change of character (CHoCH) from bearish to bullish. 5-Minute Chart (5M) and 1-Minute Chart (1M): Both these lower timeframes show consolidation after a sharp move down, typically indicative of accumulation after a liquidity sweep, setting the stage for a potential bullish reversal. INSTITUTIONAL THESIS: The overarching thesis is that institutions are likely in the phase of accumulation after having engineered a liquidity sweep across multiple lower timeframes. The expectation is for a bullish reversal as retail bearish positions are likely trapped. LEARNING POINT: "1H liquidity sweep and mitigation followed by potential accumulation on lower timeframes." SIGNAL: BUY SYMBOL: Germany 40 ENTRY PRICE: $23,720 STOP LOSS: $23,700 TARGET PRICE: $23,780 CONDITION: Buy limit order post-confirmation of bullish momentum on 15M chart. RATIONALE: The setup aligns with a liquidity sweep followed by accumulation, a typical institutional play. The entry is set just above the recent consolidation, targeting the next potential liquidity pool. STRATEGIES USED: Liquidity Sweep and Accumulation Phase URGENCY: MEDIUM TIMEFRAME: Short-term CONFIDENCE SCORE: 85% RISK/REWARD RATIO: Risk=$20.00, Reward=$60.00, Ratio=1:3.0
SPREADEX:GDAXILong
by Mistermoriarty
DAX Long Position ManagementI'm long on DAX since last week, but market made a sharp and strong correction today. Bears showed a lot of strength today, so tomorrow is going to be key. If the market bounces of the bull trendline me might see another leg up to the previous high. But given the strength of this pullback, the probability of getting to the All Time High in the next few days is much lower than I thought. This way, I'm watching closely to see if the market is going to bounce. Even if it does, if the momentum is not extremely strong, I'll be trailing my SL and exit with a smaller profit.
EASYMARKETS:DAXEUR
by lestercrest
Technical Weekly 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. -------------------------------------------------------------------------------------------------------------- Analysis Germany 40 is neutral and ranging, eyeing a possible breakout. It trades at 24,021, close to its VWAP of 23,601. The RSI at 58 shows mild bullish bias. Support is at 22,882 and resistance at 24,320. UK 100 is also in a neutral range phase, trading at 8,791 just under the VWAP of 8,833 - still with 9k on the horizon. RSI sits at 52, indicating balance. Key support lies at 8,731, with resistance at 8,916. Wall Street has broken out above 43k into a new bullish phase. It’s trading at 44,032, significantly above its VWAP of 42,673. RSI at 71 confirms strong upward momentum. Support is at 41,379, resistance is being tested now. Brent Crude is currently in a neutral range phase, trading at 6,699 having slumped back below its VWAP of 7,063. The RSI at 45 signals low momentum. Support is noted at 6,206, with resistance at 7,919. Gold is moving sideways in a neutral range, drifting lower after a failed breakout over 3,400, priced at 3,293 with VWAP at 3,349. RSI is soft at 44. Support comes in at 3,252 and resistance at 3,446. EUR/USD is bullish and breaking out - with the 1.20 handle in sight. It trades at 1.1722, easily above the VWAP of 1.1552. RSI at 71 reflects strong buying pressure. Support is at 1.1349, resistance at 1.1730. GBP/USD is bullish and moving impulsively. It trades at 1.3700, above the VWAP of 1.3559. RSI at 63 signals steady upward momentum. Support sits at 1.3358, and resistance at 1.3761. USD/JPY is neutral and ranging, trading at 144.13 slightly below VWAP at 144.87. The RSI is weak at 46. Support via May & June lows is only just below with the 2 s.d. of the VWAP at 143.42, while resistance is higher at 146.32.
SPREADEX:GDAXI
by Spreadex
DAX H4 | Bullish uptrend to extend further?The DAX (GER30) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 24,077.90 which is a pullback support. Stop loss is at 23,850.00 which is a level that lies underneath a pullback support and a Fibonacci confluence zone identified by the 23.6% and 38.2% retracements. Take profit is at 24,369.51 which is a multi-swing-high resistance. 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 (tradu.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 (tradu.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 Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:GER30Long
by Tradu
Trade setup via TiqGPTAnalyzing the Germany 40 across multiple timeframes, we observe a consistent bullish momentum, particularly evident in the daily and 4-hour charts. The daily charts (Chart 1 and Chart 2) show a series of green candles indicating strong buying pressure. The 4-hour chart (Chart 3) confirms this with a clear upward trend and higher highs. The 1-hour (Chart 4) and 15-minute (Chart 5) charts show some intraday pullbacks, which are typical in a healthy uptrend, providing potential entry points for continuation trades. INSTITUTIONAL THESIS: Institutions appear to be in an accumulation phase, pushing the price upward to potentially target higher liquidity zones above the current price levels. The consistent higher highs and higher lows across the timeframes suggest a strong bullish bias with institutional backing. LEARNING POINT: The presence of unmitigated Order Blocks (OB) on the 1-hour and 15-minute charts after a liquidity sweep indicates potential areas for price to revisit before continuing the uptrend. SIGNAL: BUY SYMBOL: Germany 40 ENTRY PRICE: $23,800.3 STOP LOSS: $23,780.0 TARGET PRICE: $23,880.0 CONDITION: Buy limit after sweep of daily low confirms BOS on 15M RATIONALE: Break of Structure (BOS): Confirmed on the 15M chart with a strong bullish candle closing above previous highs. Order Block (OB): Entry at the mitigation of the 15M OB at $23,800.3. Liquidity Targeting: Targeting the next high at $23,880.0, which is a recent peak and likely a liquidity pool. Market Maker Model Phase: Accumulation phase evident, expecting continuation of the uptrend.
SPREADEX:GDAXILong
by Mistermoriarty
Lagarde Boosts the Euro and the DAXLagarde Boosts the Euro and the DAX: Is the ECB Putting an End to the Rate-Cut Cycle? Ion Jauregui - ActivTrades Analyst European Central Bank President Christine Lagarde delivered a key speech before the European Parliament that has shaken financial markets, pushing the euro to multi-year highs and boosting stock market optimism in Germany. Her message, full of signals of monetary stability and strategic progress such as the digital euro, was interpreted as the official end to the rate-cut cycle that began in 2024. “Risks to growth remain tilted to the downside, but current conditions do not justify further adjustments,” Lagarde told EU lawmakers. The Euro Nears New Highs After ECB Message Currency markets reacted immediately. EUR/USD climbed to the 1.1700 zone, reaching levels not seen since December 2021. The move was reinforced by the ECB’s firm tone and a weaker dollar, also impacted by U.S. tensions following controversial statements from President Trump regarding the Federal Reserve. From a technical standpoint, the euro maintains a clearly bullish bias. It trades above all relevant moving averages and with an RSI close to 71%, indicating strength but also overbought risk that could pull the price back to the control area around 1.13764, the current consolidation zone. The next key level is at 1.1800, while support levels are at 1.10792 and 1.09823. The DAX Heads Toward New Highs The German stock market also welcomed the ECB’s message of stability. The DAX, already showing strength in previous sessions, is trading around 23,673 points at today’s open, very close to its current high of 24,455.98 points. The index is benefiting from a stable rate environment, improved economic sentiment in Germany — reflected in the Ifo index rebound — and a recovery in the industrial sector. Technically, a sustained close above 23,000 points would open the door for a move toward 25,000, while any correction would find support near 21,500. The RSI, currently around 52%, suggests there is still room for further price expansion, given that the 19,960 support was clearly confirmed in the latest technical rebound. What’s Next for the Markets? With European monetary policy entering a pause phase, investors are now focusing on two areas: the evolution of economic growth in the eurozone, and the direction of the dollar, shaped by political tensions in Washington and Jerome Powell’s testimony later this week. Lagarde also brought up the push for the digital euro, a strategic initiative aimed at reinforcing the bloc’s financial autonomy amid global rivals like China and the United States. Conclusion: The ECB pauses, but markets move forward. Both the euro and the DAX are showing signs of strength after Lagarde’s speech. If macro conditions remain supportive, we may be entering a new stage of consolidation for European assets. ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acting on the information provided does so at their own risk.
ACTIVTRADES:GER40Long
by ActivTrades
DAX H1 | Rising into an overlap resistanceThe DAX (GER30) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 23,858.94 which is an overlap resistance that aligns closely with the 61.8% Fibonacci retracement. Stop loss is at 24,200.00 which is a level that sits above the 78.6% Fibonacci retracement and an overlap resistance. Take profit is at 23,531.83 which is a pullback support that aligns the 38.2% Fibonacci retracement. 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 (tradu.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 (tradu.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 Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:GER30Short
by Tradu
Technical Weekly 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. -------------------------------------------------------------------------------------------------------------- Analysis Germany 40 has turned bearish and is now in an impulsive move lower. It is trading at 23,222, notably below its VWAP of 23,732. The RSI at 39 signals weak momentum. Support is seen at 22,867, with resistance higher at 24,597. UK 100 remains in a bullish trend but has shifted into a correction phase. The index trades at 8,778, slightly below its VWAP of 8,831. The RSI is at 50, showing a balanced momentum. Support lies at 8,750, with resistance at 8,904. Wall Street continues in its bullish trend but is undergoing a correction. It is trading at 42,249, just under the VWAP at 42,460. The RSI at 51 suggests a neutral outlook. Support is at 41,857, and resistance stands at 43,062. Brent Crude is in a very strong bullish impulsive phase, trading at 7,633 above its VWAP of 7,015. The RSI at 66 indicates strong upward momentum. Support is at 6,016, while resistance is found at 8,015. Gold remains bullish but is now in a correction/sideways phase. It trades at 3,364, very close to its VWAP of 3,360. The RSI at 52 implies a neutral to slightly bullish sentiment. Support is at 3,289, with resistance at 3,438. EUR/USD continues in a bullish correction phase, with the pair trading at 1.1475 - down from the recent 3yr high - and its VWAP close at 1.1450. RSI is steady at 54, suggesting moderate buying interest. Support is at 1.1338, and resistance is at 1.1592. GBP/USD is still bullish but in a correction phase, currently trading at 1.3390, just below the VWAP at 1.3512. RSI at 42 points to weakening momentum. Support is at 1.3380, with resistance at 1.3639. USD/JPY has broken out above a triangle pattern into a bullish impulsive run, trading at 147.86, well above its VWAP of 144.52. RSI at 67 confirms strong buying pressure. Support is at 142.04, and resistance is at 147.01.
SPREADEX:GDAXI
by Spreadex
DAX H1 | Downtrend to extend deeper?The DAX (GER30) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 22,230.41 which is a swing-high resistance that aligns closely with the 23.6% Fibonacci retracement. Stop loss is at 23,460.00 which is a level that sits above the 50% Fibonacci retracement and a swing-high resistance. Take profit is at 22,913.31 which is a swing-low support. 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 (tradu.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 (tradu.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 Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:GER30Short
by Tradu
German 40 Index – Sentiment Facing a Sterm TestSince hitting its most recent all time high of 24469 on June 5th the Germany 40 index has experienced some downside pressure as traders have moved to lock in profits on a very strong start to the year. This move has the potential to turn June into the worst monthly performance of 2025 so far, although there is still another 8 trading days to go. This short-term shift in sentiment has been related to a combination of factors. The new all time high of 24469 hit on June 5th coincided with the latest ECB interest rate cut. However, at that meeting Madame Lagarde indicated in the press conference that more data on the path of inflation, trade tariffs with the US and Eurozone growth would be required before the ECB would consider cutting interest rates again. This was followed by comments and headlines which suggested that progress on a trade deal between the US and EU was slow and would potentially continue past the original July 9th pause deadline set by President Trump. Then in the last week sentiment has been rocked further by the spike in Oil prices driven by an escalating conflict between Israel and Iran that has seen them trade missile attacks for 7 straight days, alongside a growing concern that the US may also be seriously considering entering a direct conflict with Iran after Bloomberg reported yesterday that senior US officials are preparing for a possible strike in the coming days. At the time of writing (0700 BST) this leaves the Germany 40 trading at 1 month lows around 23142 and suggests a consideration of the technical outlook, including potential support and resistance levels could be useful. Technical Update: Watching 23235 Last Correction Low Having posted a new all-time high on June 5th at 24469, a more extended price correction has developed in the Germany 40 index. Interestingly, as the chart below shows, this phase of weakness has seen closing breaks under what some might have anticipated would be support, marked by the Bollinger mid-average (currently 23862). In previous reports, we have suggested that traders may use the Bollinger mid-average as an indicator of the possible direction of the current price trend. If the mid-average is rising with prices above it, the trend may be classed as an uptrend, while if the mid-average is falling with price activity below it, a downtrend might be in place. As the chart shows, following the latest breaks below the mid-average, this has now turned lower, and traders might now be focusing on the possibilities for an extended phase of price weakness. Let's consider the possible support or resistance levels that could be worthwhile for traders to focus on. Potential Support Levels: With Thursday’s initial price activity so far seeing further selling pressure, as the chart below shows, it might be suggested the next relevant support is already currently being tested with moves below 23235. This level is equal to the last correction low posted on May 23rd at 23235. Traders might now be watching how this 23235 low support is defended on a closing basis over coming sessions, as confirmed breaks lower, while no guarantee of deeper price declines, might skew risks towards tests of the next potential support at 22303, which is equal to the 38.2% retracement of April 7th to June 5th strength. Potential Resistance Levels: Since the June 5th all-time high, an extended decline in price has already been seen, so a reactive recovery might be a possibility. However, having recently seen the mid-average turn lower, closing breaks back above its current 23862 level might now be required to trigger a phase of price recovery. While much will depend on future price trends and market sentiment, if successful upside breaks above the 23862 mid-average are seen, it might lead to tests of 24469 which is the June 5th all-time high. The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:GER40
by Pepperstone
5
DAX | Bearish Below 23810–23690, Targeting 23395 and 23160DAX | Technical Analysis The price has stabilized below the pivot zone (23810 – 23690), confirming the continuation of bearish momentum. 📉 As long as the price remains below 23810 and 23690, the downtrend is expected to persist, with a potential move toward 23395. A confirmed break below this level could extend the decline toward 23160. Pivot Zone: 23810 – 23690 Resistance Levels: 24085, 24300 Support Levels: 23395, 23160 Trend Outlook: Bearish Momentum
PEPPERSTONE:GER40Short
by SroshMayi
2
DAX Can today's 1D MA50 test start a new rally?Last time we looked at DAX (DE40) more than 2 months ago (April 04, see chart below), we took a long-term buy on the 1D MA200 (orange trend-line) and the bottom of the 2.5-year Channel Up, targeting 25400: The price reacted favorably, rising almost instantly, almost hitting the top of the Channel Up on June 05. Since then it got rejected and pulled back to hit the 1D MA50 (blue trend-line) today. Based on the previous Bullish Legs of the Channel Up, this seems to be a technical correction (blue ellipse patterns) that only served as a 1D MA50 test to accumulate more buyers and extend the uptrend. If the current Bullish Leg rises as high as the previous one (+38%), we should be expecting 25900 by the end of Q3. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:DE40Long
by TradingShot
1
DAX topping formation “neckline” resistance at 23,700The DAX equity index remains in a bearish technical setup, in line with the prevailing downward trend. Recent price action is forming a corrective pullback, suggesting temporary relief within a broader negative structure. Key Technical Levels: Resistance: 23,700 (previous intraday consolidation zone) Support levels: 22,880 (initial target) 22,640 22,500 (longer-term support) Bearish Scenario: If the index rallies toward the 23,700 resistance and faces a rejection, this would likely confirm a continuation of the downtrend. In that case, downside momentum could accelerate toward the 22,880, 22,640, and potentially 22,500 support zones over the longer term. Bullish Alternative: A breakout above 23,700, confirmed by a daily close, would invalidate the bearish outlook and shift momentum in favour of the bulls. This would open the door for a move toward 23,920 and possibly 24,100 resistance. Conclusion: The bias remains bearish unless the DAX can break and close above 23,700. Traders should watch for price action around this key level to confirm trend direction. A rejection favors short positions targeting lower support levels, while a breakout invites a shift to a more constructive outlook. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:DE40
by TradeNation
DAX H1 | Rising into a 50% Fibonacci resistanceThe DAX (GER30) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 23,533.74 which is a pullback resistance that aligns with the 50% Fibonacci retracement. Stop loss is at 23,750.00 which is a level that sits above the 38.2% Fibonacci retracement and a swing-high resistance. Take profit is at 23,306.20 which is a multi-swing-low support. 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 (tradu.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 (tradu.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 Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:GER30Short
by Tradu