#daxshort
GER40 swing sell idea(1:10-1:20RR)GER40. 18500, which is our level of interest(Quarterly VWAP + 0.786 fib drawn from all time high) has been quite important level this year. GER40 has been bullish for 11 days straight. This indicates an overextended market, with the possibility of a Weekly Head& Shoulders pattern forming around 18500. This is a 10-20% move that should happen in a couple of weeks, counting the recent volatility in the markets all around. Will update next week.
Fractals Trading Community,
Mei
#DAX, #GER30 is ready to fall.-----------DAX DOWNSIDE MOVE IS ABOUT TO HAPPEN-----------
DAX index shows a few signs that it is ready to deep dive. The course is at all time high. Economic indicators like GDP, interes rate, emloyment don't support that optimistic behaviour. Weekly RSI is at overbought territory. And daily RSI shows divergence. I think it is time to re-consider the long positions at least or rather start to build a short position on German stock index.
GDAX DAX 40 (German 40) Technical Analysis & Trade IdeaGDAX DAX 40 (German 40) Technical Analysis & Trade Idea
The DAX 40's recent bullish surge reveals signs of exhaustion on the monthly and weekly charts. Lower timeframes suggest a manipulative price structure primed for a potential trend reversal.
Here's the breakdown:
- Overextension: Extended trends often succumb to corrections or shifts in direction. The DAX 40 appears ripe for such a move.
- Liquidity Engineering: The 4-hour and daily price action hints at manipulation. The downside breakout followed by a stop-loss raid indicates possible accumulation to fuel a bearish move.
- Reversal Pattern: This market behavior aligns with recurring reversal setups I've observed consistently throughout my trading experience.
Trade Idea
- Direction: Short (with the potential for significant downside)
- Timeframe: Expect bearish momentum through February and March.
- Monitor: Watch for validation on lower timeframes (e.g., a bearish break of the current range).
- Risk Management: Set appropriate stop-loss levels based on your risk tolerance.
Disclaimer
This analysis is for informational purposes and does not constitute financial advice. Before making any trades, perform your own in-depth research and exercise prudent risk management.
Dax Jan 31 - Feb 1 UpdateSharing DAX updated from TTR
DAX had a perfect reversal candle, but still needs to confirm below 16855
We got a monthly inside candle close today.
Weekly has more room to the upside, but a double we have a potential double top formation here
We have a clear negative divergence on the daily level!
DAX Short setupDax looks so good for a short. I can clearly see a broke down of a weekly trendline on higher timeframe. On lower timeframe we can also see a break of a short-term trendline, short squeeze and drop. My indicators also shown a good divergence on h4 timeframe, and a drop is gihly expected
DAX Analysis - Exploring Potential Corrections 📉Hello Friends 😁
Since our last analysis of the DAX, significant developments have unfolded. We've adjusted the analysis slightly to the left, identifying Wave 3, Wave 4, and Wave 5, or alternatively, Wave 1 and Wave A. In my perspective, the upward trend represents either a Wave B or Wave 2 correction. As long as we stay within the 100% correction, it continues to signal a Wave 2 correction. Anything beyond 100% could indicate a Wave B correction.
Regardless, I anticipate a substantial downturn. Consequently, I expect an entry point at 90%, as this level is likely to be reached, especially after surpassing the 78.6% mark. There is a possibility it could correct up to 100%, but personally, I plan to enter at 90%, with a slightly wider stop-loss for added security. I do not anticipate a new All-Time High or expect the current All-Time High to hold for an extended period. 💥🔍
DAX: Bounced🦘The German Dax index bounced off its support at 15 559 points. As a result, it could not yet sustainably dive into our turquoise target zone between 15 528 and 14 313 points. However, we locate the low of the turquoise wave 4 in this zone and expect a new attempt to fall below the support. Only following the turquoise wave 4, we expect a significant rise.
Will DAX continue to selloff?GER40 - 24h expiry
The bearish engulfing candle on the weekly chart is negative for sentiment.
Short term bias has turned negative.
There is no clear indication that the downward move is coming to an end.
We are trading at oversold extremes.
We look for a temporary move higher.
Previous support at 15750 now becomes resistance.
We look to Sell at 15749 (stop at 15849)
Our profit targets will be 15501 and 15451
Resistance: 15575 / 15750 / 15850
Support: 15492 / 15400 / 15300
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Short DAX my thoughts.Hello
We are stuck in 1500 point range for long time, see no reason to go more up. Everyone is so bullish talking about all time high but . Is it possible?
I think no, thats my educated quess for this trade.
Pros:
- Divergence on daily time frame
- Inflation,
- Bad data coming out,
- War.
Recently market moves without logic to me but thinking that people will start taking profits soon, money can be transfer to another assets.
Make sure you risk amount that you can loose if you fallow. I drew few patterns on chart.
I will update as always.
Take care,
Cheers.
Swing short DAX squiggly line ideaEuropean stocks have been on a tear lately, while macroeconomic conditions have been slowing down.
DAX is in an over-extended move with very shallow pullbacks, took out the high of the run started last February.
Swing short positions, SL at 15898, multiple targets, mainly around 14900, 14560, and 14100.
If the price stalls / I don't see a strong move down from this area next week or two, I will cut the position.
DAX MeltdownLet's get ready for mayhem in the coming weeks, the DAX topped out last week and we're starting to build to the downside. We're expecting a very sharp move downwards and are already short from the turn, but will be looking to add more shorts upon a minor wave 2 retracement. Exciting times lie ahead and we think there's going to be some great opportunites to make some serious money in the weeks and months ahead. Come trade with us and ride these waves!
DAX Full Analysis From Monthly To 4H TF, Next Move Expectations This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
the Energy can be the beginning¡Energy could be the beginning of a big problem for the German Industry , without a doubt this will bring consequences. Not in the short term... but in the medium and long term Yes , in addition to the advantage of other markets and their favorable factors , I achieved an effect of exodus for the Big industry of the old continent, of course, this is just a simple scenario only,
_because if Germany takes the reins, it can reverse all the situation.
DAX two possible scenarios.DAX has at the moment two possible scenarios.
If we look fundamentally, inflation might peaked, but recession probabilities around the world are still rising.
So for me the most likely scenario to happen is the bearish one.
Use a solid money management and risk precautions before you enter the market.
DAX: Bull flag breakout, or has the high been seen?The DAX is set to open lower, but there are two potential scenarios to monitor; a bullish breakout from a bull flag – or the swing high has already been seen around trend resistance.
The DAX has rallied from the September low in three waves, which could either be part of a new bullish trend or part of a 3-wave retracement. If we look at price action alone, the rally from 12,000 has been strong and a potential bull-flag is forming. Should we see prices break above 13,000 then we’ll assume the bullish trend is set to continue.
But there are two potential flies in the ointment which could scupper such a break higher. The rally has been seen on declining volumes, which suggests the ‘rally’ is corrective and not impulsive. Furthermore, the bull flag remains stuck beneath trend resistance. And given we recently saw a -bar reversal on the four-hour chart within the supposed bull flag, we are on guard for a break beneath yesterday’s low to assume bearish continuation.