Dax30
DAX Will Keep Falling! Sell!
Hello,Traders!
DAX is trading in a downtrend
And the index has been stuck in a range
For quite some time, but we are bearish biased
Thus, after the bearish breakout we will be expecting
The index to go further down
Sell!
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See other ideas below too!
Easy Trading Setup For The Dax (GER30)- Double TopHi Traders,
Looking at the DAX today.
On the 4-Hour, we see a nice double op that has formed.
The two tops are wicks which shows strong sell movement.
The two wicks are also a lower low in terms of the 4-hour trend.
We also have partial divergence across the histogram of the MACD.
Buyers are weakening.
We have broken below the neck zone and then entered upon a retrace into the neck zone.
My target is previous support around the 12823 price point.
Trade safe out there!
The Vortex Trader
DAX 30 Waiting For An Opportunity To Go LongHi Traders,
Looking at the DAX today.
On the Daily, we see that price has flipped from support to resistance and we are ranging between the
1245 and 1480 price levels.
Dropping down to the 4-hour time frame, we can see that price is descending and broadening out.
We do have divergence across the MACD which helps give a bit of confluence to some potential positive price action occurring in the near to mid-term future.
I don’t typically trade these types of patterns but what I would want to see for me to validate going long is the following :
An impulsive break above the top of the descending trend line
A retrace with low volume to the top of the descending trend line.
My target would be at the daily resistance range level around the 1480 price point.
Let's keep an eye out.
This is purely technical. I only trade what the charts show
Trade safe out there!
The Vortex Trader
DAX Index: Breakout & Bearish Continuation
Hey traders,
As I predicted, DAX index broke and closed below a solid daily demand zone.
The underlined structure turned into resistance now.
I will expect a bearish continuation from that.
Next goal for sellers - 12617
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Joe Gun2Head Trade - Speculative long on DAXTrade Idea: Speculative long on DAX
Reasoning: Finding support on the daily chart
Entry Level: 13414
Take Profit Level: 13790
Stop Loss: 14332
Risk/Reward: 3.03:1
Disclaimer – Signal Centre . Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Ger30 Bearish Forecast. Look for sells!Hey everyone,
Let's take a look at the market structures and developments on Ger30. First of all the index is strongly bearish which I think the selling pressure will go on in the coming days. The index dropped from its recent high of 14750 after printing a bearish correction. I will wait for the market to correct itself and hopefully provide me with vivid details about the direction and entry. I anticipate that 13250 will be an easiest target.
If you enjoy reading my ideas please leave a like. If you have any question or suggestion be kind to share in the comment section below.
DAX INDEX….TO FALL for 162 pointsPrior to the market crush, I’m expecting the Dax Index to rise to 14100 and expect my further sell to 13900. Fibonacci wise!
Head and Shoulders forming on DAXDAX seems to be forming a Head and Shoulders pattern, clearly visible in the H1 timeframe.
There is still strong support EMA (4H, 34) in the way and the formation is not finished or confirmed yet, so at this point, we are only OBSERVING if the formation will be finished. If not, we do not enter the trade.
Entry1: At the close of the first H1/H4 candle below the neckline
Entry2: On pullback to the neckline (if occurs and conviction is strong)
Exit: As always we use multiple Take Profits. The furthest one we are aiming toward the 14326 price level - which is the nearest support.
Stop Loss: We will put Stop Loss above the nearest leg up on smaller timeframes (30m, 1h), which should be around 14500.
This should give us a Risk to Reward ratio of around 3. By using multiple Take Profits along the way (aiming at the 14400 and 14360 price levels) we will bring the Risk to Reward ratio down to about 2
Dax30- A pretty nice outlook for bullsUnlike American indices, Dax30 looks like it has finished correcting at the beginning of March with a low at 12500.
After this low, the index has traded pretty constructively and at this moment a higher low can be in place at the 13500 zone.
The falling trend line started at the beginning of 2022 is also broken to the upside and we can assist in further gains this summer.
Traders can look to buy dips around the 14k zone with a negation under 13500 and a break of 15k horizontal resistance can lead to a test of the ATH above 16k.
Joe Gun2Head Trade - Fading DAX strengthTrade Idea: Fading DAX strength
Reasoning: Price action stalling at the recent highs
Entry Level: 14249
Take Profit Level: 13874
Stop Loss: 14332
Risk/Reward: 4.48:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Ger30| Bearish forecast with head and shoulders pattern!Ger30| The market made a fake breakout out of the falling channel resistance. Instead of price continuing higher, it reversed back with no signs of bullish continuation. What we can see currently is a typical head shoulders pattern on lower timeframe, suggesting that price might reverse to the downside. I will be looking for bearish signs for short positions with target to the recent low around 13488.00.
Please support this idea with likes, I will highly appreciate it.