GER40 Good morning. Still waiting for a close on the daily below 22120. As long as that doesn't happen, I'm expecting DAX to be bulllish overall and visit 22840 at least. But that is only to get a perspective and context. Intraday, this is totally unpredicatble for me, except for scalping. Scalping the very low timeframes worked out pretty well (for me) in the last days. This is due to high volatility of course.
Buy Levels: Entry Level:22,449.9 EUR (Optimal support level) Key Take Profit Levels: TP1:22,511.9 EUR (Immediate resistance zone) TP2:23,140.5 EUR (Major resistance with volume cluster) Stop Loss Level:22,384.3 EUR (Below key support level for risk control)
Sell Levels: Entry Levels: Level 1:23,140.5 EUR (Primary resistance zone based on volume profile) Level 2:22,938.5 EUR (Secondary resistance zone) Key Take Profit Levels: TP1:22,511.9 EUR (Critical support level after reversal) TP2:22,384.3 EUR (Major support zone for extended profit) Stop Loss Level:23,200.0 EUR (Above resistance to safeguard against losses)
These levels reflect the most accurate buy and sell opportunities for German 40 Index (DAX) based on Smart Money Concepts, Fibonacci insights, and price action analysis. If there’s more you’d like to refine or explore, let me know!