GER40 trade ideas
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.
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.
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
TradeWithTheTrend3344
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.
Few like European equity, but they should - GER40 to new highs Few like investing in Europe at present, and while France remains constrained by political risk, the German equity index (GER40) is doing everything right from a technical and price action perspective, and positioning for further upside seems the play.
Having held the 19k support level throughout November, the bulls have built a solid platform to progress, taking the index through downtrend resistance & backed by solid range expansion and the index closing on weekly highs.
The ATHs are now being tested, subsequently, a closing break through 19.679 would encourage momentum accounts to chase the upside as we roll into the ECB meeting (12 Dec) and year-end.
A daily close below the 5-day EMA would be a signal to turn cautious, flipping to outright shorts on a closing break of 19k. But for now, long and strong seems the higher probability position.
Good luck to all.
GER30We looking for selling opportunities as the market is respecting the ceiling zone which is the resistance resulting in sells to the downside| 1H TIMEFRAME
DE40 (German Index) – 1-Day Time Frame AnalysisDE40 (German Index) – 1-Day Time Frame Analysis
The price of DE40 is nearing its all-time high at 19,677, and we’ve seen strong bullish momentum over the past several weeks. Based on this trend, there’s a good chance the price may continue to rise.
Two Scenarios to Watch:
Possible Reversal:
While the bullish trend is dominant, there’s a possibility of a short-term reversal near this key resistance. To capitalize on this, monitor the 4-hour time frame for confirmation. Look for a clear red candle before considering a short position.
Break and Retest for a Long Position:
If the price breaks through the critical level of 19,671, avoid entering a long position immediately. Instead, wait for the price to reach higher levels and then pull back to retest 19,671 as a new support zone. Once this level holds and there’s confirmation (e.g., bullish candlesticks), consider taking a long position.
Final Thoughts:
The odds favor continued bullish momentum, but patience and proper confirmation are key to avoiding false entries.
If this analysis helped you, don’t forget to like and comment. Your feedback motivates me to keep sharing insights like this!
DAX // expansion phaseThe market is in long expansion phase, so bears may burn their hands, however, the price is at the daily target fibo 100, and there is a nice space for a H4/H1 correction.
I wait for a a countertrend break on H4 or below to go with the long trend.
What's your take? Buy or sell?
#202448 - priceactiontds - weekly update - dax Good Evening and I hope you are well.
tl;dr
dax xetra: Max bullish. Clear break above and dax printed 19600 again. New ath next week is likely just a matter of when. Targets above are 20000, That’s it. For bears it’s anything below 19130 but that is far away and very low probability. If November closes above 19600, I think 20k is almost a given. After that I will not care about bullish targets any more until we corrected at least 30%. Does not mean I won’t continue scalping it both ways.
Quote from last week:
comment: Thursday and Friday changed the character of the market. Bulls broke above the bear trend line and closed both days at the highs. Next target is the last bear trend line around 19430 before we can retest 19600+. Can only be bullish after past 2 days. Bears can only change my mind if they can close below 19100 again. For now I think many bears gave up and try again around 19500/19600. Is this structure very bullish? Absolutely not. I just think a retest of 19600+ is more likely than a close below 19100. The market spend enough time ins this trading range that the next push above could be the last before we correct in a bigger fashion. After this push up, I would not look for bullish targets until we have seen 18000. Market is overdue for a correction. We will see at least 16000 in 2025.
comment : Late bull breakout during the week like the week before that. Another clear buying signal going into next week. There is not much to add from my tl;dr. Both of my upper bull trend lines run through 20k and I have multiple measured move targets there. More than enough reasons to be bullish and look for longs. Bears can do almost nothing to change my mind, unless we see on giant bear bar closing below 19100 on Monday.
current market cycle: trading range but if we make higher highs, we are obviously in a continuation of the bull trend.
key levels: 19100 - 20000
bull case: Bulls want 20000. Clear as day, as is the breakout. My chart is clear and my invalidation levels are too.
Invalidation is a daily close below 19100.
bear case: Not much for the bears until they close below 19100 again. Did not change that sentence since past Sunday. Bears will dominate 2025 but now is not the time to be early as a bear.
Invalidation is above 20100.
outlook last week:
short term: Very bullish above 19400 and even more above 19600. Below 19100 we are absolutely neutral once again. Hell below 18800.
→ Last Sunday we traded 19322 and now we are at 19626. 300 points on the week, hope you made some.
short term : Max bullish for 20k. Can we chop some before we get there? Sure but I don’t think bears can get this below 19300 again before we hit 20k.
medium-long term - Update from 2024-10-19: 20000 is the goal for 2024, if bulls do not get it until year end, it will probably not happen for the next 5-10 years. This market is beyond overvalued and will drop 30-50% in the next 5 years. I have no doubts about that. That fact should not be relevant to your trading at all for now. The current push is most likely the last of it. Bears will come back soon.
current swing trade: None
chart update: Highlighted bull trend lines and my 5-wave series is still valid.
Insights Beyond the DAXWhen observing the DAX INDEX XETR:DAX on a weekly timeframe, identifying a clear pattern is challenging. However, check out the TEC DAX XETR:TDXP , which is closely correlated. You'll notice a clear bullish flag pattern forming, and we're nearing its upper band. Once this pattern activates, expect an upward surge for both indices. The bull market is still very much alive!
DAX - TIME HAS COMEI hope you all remember yesterday, when we said only hit our price then we short.
PATIENCE is the key.
but now we are prepare to SHORT once the price is hit our limit order at 19469-18482
STOP LOSS can be set at 19525 - can extend to 19575 depend on your risk
Target 1 at 19433-28 - once it hit, take some partial and bring stop loss to BE to protect the trade
target 2 at 19389-72
target 3 at 19367-48
DAX Countertrend BreakHello Traders,
I'm a purely technical trader, so I skip the fundamental analysis. If you can and even want, you can add some fundamental views in the comments.
From the technical point, every major timeframe shows a bullish trend now and the daily countertrend is broken, so the target zone is marked by the fibo area.
Would you buy or sell here?
Best,
Zen
DAX/GER - PREPARE FOR THE BATTLETeam, earlier we went long for scalping only.
but now we are prepare to SHORT once the price is hit our limit order at 19469-18482
STOP LOSS can be set at 19525 - can extend to 19575 depend on your risk
Target 1 at 19433-28 - once it hit, take some partial and bring stop loss to BE to protect the trade
target 2 at 19389-72
target 3 at 19367-48
NOTE: NO rush of an entry, until the price is reach. enter slowly with proper risk management.
Trendline BreakThe price has broken out of the trendline and retested the trendline, after the pullback we expect a bearish impulse.
On another note, we also see a similar move on the EUR50 and SPAIN35, which is more confluences
WE ONLY TRADE PULLBACKS
Ger40 Sell Limit OrderHi everyone. As we're in a pull back, I think this area has its potential to set an order to go short.
Entry:19290.6
SL: 19342.5
TP1: 19237(1:1RR)
TP2: 19185.5(1:2RR)
Lets see what happens...
1-hr DAX40: Strong Downward Momentum in German Stocks
The DAX40, Germany's leading stock index, is currently under heavy selling pressure. This bearish momentum is reinforced by the appearance of a Death Cross—a key technical indicator where a shorter-term moving average (MA) crosses below a longer-term MA, signaling strong selling activity. Recently, the RSI dropped into oversold territory, prompting a corrective bounce as buyers took advantage of lower prices. This pullback may continue toward 19,340, coinciding with the crucial 61.8% Fibonacci retracement level. If this resistance holds, it could attract sellers aiming to capitalize on the prevailing downtrend, offering favorable risk-to-reward opportunities.
GER40 Trade LogYour GER40 trade setup on the 1-hour timeframe demonstrates a robust approach when aligning technical indicators with your FVG strategy. Here's a detailed breakdown:
1. Risk-reward ratio (RRR):
The setup has a favorable 1:2 RRR, meaning for every 1% risk taken on the trade, you aim for a 2% return. Points-wise, the stop-loss is placed at 75 points, while the take-profit target is at 150 points.
2. Risk management:
You are risking 1% of your account per trade, which ensures proper risk control while aiming for a 2% profit, aligning well with professional trading standards.
3. Confluence with Ichimoku lines:
The inclusion of Ichimoku lines as part of the analysis adds an extra layer of confirmation. These lines can highlight areas of support and resistance, momentum, and trend direction. Their alignment with the FVG and trend suggests higher probability for success.
4. Strong trend:
Trading in the direction of a strong prevailing trend increases the likelihood of reaching the profit target. This confluence supports the trade thesis, minimizing the risk of adverse market moves.
5. Execution:
The entry point within the FVG, supported by Ichimoku signals, should ideally occur when price demonstrates confirmation, such as bullish candlestick patterns or other reliable triggers.
This setup combines high-probability technical elements with sound risk management, making it a structured and disciplined trade plan. Monitoring market conditions and economic events will be essential to manage any unexpected volatility.
Retest of previous highsThe Dax was on a bearish move targeting the 18700-18400 regions but is currently reversing and seems headed to touch previous resistance barriers. The bullish possibility is because price action failed to go beyond the 18800, settling around the 18900 and now 19000 instead. As long as the price is above 19k, the index may try to touch the 19420 and 19500 zones.
Potential bullish rise?DAX40 (DE40) has reacted off the pivot which acts as a pullback support and could potentially rise to the 1st resistance level which is also a pullback resistance.
Pivot: 19,288.06
1st Support: 19,143.10
1st Resistance: 19,487.60
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GER30 H4 I Bounce off an overlap support?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 19,203.85, which is an overlap support close to 38.2% Fibo retracemet.
Our take profit will be at 19,440.78, a multi-swing high resistance.
The stop loss will be placed at 18,986.33, which is a multi swing low support level.
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. 64% 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, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
Bearish Breakdown Brewing on GER30 – Watch for the Drop!The price action shows a weak uptrend, with lower momentum reflected in the narrow candles nearing resistance.
The red trendline highlights the fragile support beneath the recent structure.
A break below the trendline signals bearish pressure gaining control.
If confirmed, the price is likely to revisit the key demand zone around the red horizontal line at 19,028.77, a major support level from prior lows.
