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GER40 Cash

GER40 (DAX) Analysis & Trade Ideas

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📊 Market Structure & Analysis

GER40 is in a strong bullish trend, forming higher highs & higher lows.
Resistance: 22,943 – Price is testing this level; a breakout could push higher.
Support Levels: 22,132, 21,767, and 20,500 – Potential pullback zones.
Break & Retest Pattern: Price has been breaking resistance and turning it into support, confirming an uptrend.

🔹 Bullish Scenario
✅ Buy on pullback at 22,132 - 21,767 if price respects support.
🎯 Target: 23,000+
🛑 Stop: Below 21,500

✅ Breakout Buy if price breaks & retests 22,943.
🎯 Target: 23,500+
🛑 Stop: Below 22,700

🔻 Bearish Scenario
❌ Sell rejection at 22,943 if price fails to break higher.
🎯 Target: 22,132, then 21,767
🛑 Stop: Above 23,000

⚡ Final Thoughts
Market structure remains bullish—focus on buying dips & breakouts. Shorts only if rejection is strong. 📈🔥

#GER40 #DAX #Forex #Trading


juniormoseki1
Also on:
Supply and DemandSupport and ResistanceTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Supply and DemandSupport and ResistanceTrend Analysis
juniormoseki1
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.