DAX30 - Box Formation - Upward probability - 20 Jan 2022Dax30 OUTLOOK: BULLISH
Dax 30 has been moving in a Box Formation for the last couple of months. It has however, been showing an upward momentum with higher lows and short candles to the short side. I suspect we will see traction up in the next few weeks.
Dax30
DAX index (DAX) | The best scenario for the last climb📝Hello traders, DAX in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In counting this index, we counted the main 1 and 2 waves, and from the 3 main waves that we have in mind; Microwaves 1, 2, 3, and 4 are formed, and now we are inside wave 5 of wave 3.
The ratio of microwave 5 to other waves of the main wave 3 is not normal, ie its ascent is shorter than other waves.
Also, the main wave 3 is not in a good position compared to the first wave.
For this reason, we assume that the climb will continue until the ratios confirm each other.
But it must be borne in mind that all these ratios can be fielded and start the downward trend earlier than we expect by breaking the line.
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DAX30 time for growthWe experienced the DAX market retrace to meet our bearish trend line, using it as a support and reversed as soon as it touched it. I now anticipate the GER30 index to regain the ground lost in this last month to meet an all-time high before starting to stabilize in a consolidation.
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let see cash xetra dax chart, gap
witch gap will fill , 70% dax want fill 15600 old open gap
100% above green arrow put buylimit,after open hold it 14day (dont close soon) , we put buylimit on 15600 too
secret of dax= dax in way to 17200 (fibo 161% weekly chart show 17200) so above EMA200 daily 90% looking for buy
good luck
DE40 Sell a break setup.GER40 - Intraday - We look to Sell a break of 15947 (stop at 15994)
Trades with a bearish descending triangle formation.
A break of yesterdays low would confirm bearish momentum.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A break of bespoke support at 15950, and the move lower is already underway.
Our profit targets will be 15822 and 15802
Resistance: 16000 / 16050 / 16100
Support: 15950 / 15900 / 15800
dax want fill gap on 16200let see cash xetra dax 1hour chart open gap
above green 2 green arrowput buylimit near 15620 is powerful order and dont close with little profit , hold it 10 day until upper red arrow (dax long term upper target is 17200)
if you have sell put tp near 15620
if you have buy , you can put hedge sellstop in today low
good luck and on dax keep monitor AC 30 and AC 240 min (work exclent on dax , but if you are new on AC you need min 8 month watching it reactions)
DAX index (DAX) | The best area to fall🔥Hello traders, DAX in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In counting this index, we counted the main 1 and 2 waves, and from the 3 main waves that we have in mind; Microwaves 1, 2, 3, and 4 are formed, and now we are inside wave 5 of wave 3.
The ratio of microwave 5 to the other waves of the main wave 3 is not normal, ie its ascent is shorter than other waves.
Also, the main wave 3 is not in a good position compared to the first wave.
For this reason, we assume that the climb will continue until the ratios confirm each other.
But it must be borne in mind that all these ratios can be fielded and start the downtrend earlier than expected by breaking the line.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
dax= buylimit above green arrow with sl=40 trailstop=80
despite dax little down move , it can fly up again , our old target is 17200 for dax
technicaly dax must fill big gap in 15600 (cash dax gap) but + trend pressure is very high , so reach 15600 need big bad news
if you have old sell , hedge it near EMA200 1 hour (green line)
if you have open buy , put SL on today low and wait 5-6 day to new high
if you have hedge buy,sell , never close buy frist ok? , in deep(low) move SL to your sell open price , then shot down your platform, go sleep 7 day , then in high near 16500 , close your buy
if you are in above -5000$ loss , please pm me
$DAX Can Still Rise Higher To This FCP Zone #daxTraders, DAX Can Still Rise Higher To This FCP Zone.
Rules:
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2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
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GER40 Buy at previous resistance.GER40 - Intraday - We look to Buy at 15451 (stop at 15381)
Prices have reacted from 15057.
Bespoke support is located at 15450.
15426 has been pivotal.
Short term momentum is bullish.
Our profit targets will be 15649 and 15669
Resistance: 15500 / 15550 / 15600
Support: 15450 / 15400 / 15350
DE40 Buy the previous resistance.GER40 - Intraday - We look to Buy at 15961 (stop at 15904)
Daily signals are mildly bullish.
Short term bias is bullish.
Dips continue to attract buyers.
Previous resistance at 15950 now becomes support.
20 4hour EMA is at 15933.
Our profit targets will be 16116 and 16136
Resistance: 16100 / 16150 / 16200
Support: 16050 / 16000 / 15950
DAX index (DAX) | The best scenario for the fall📝Hello traders, DAX in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count that has been done. The main waves 1 and 2 in this process of progress are over and now we are in wave 3.
It consists of 3 microwaves 1, 2, 3 and 4 and wave 5 is at the beginning of its motion.
We expect wave 5 to climb to Fibonacci 1.618, which is the ratio of the main wave 3 to the main wave 1, and then wave 4 will start with a complete break of the trend line.
Wave 4 will be deep and long due to wave 2.
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Dax needs a little breakProbably a 3-6% drop
there is only al ittle of positive coming soon, still high inflation, bad job numbers and a weak economy in general
DAX index (DAX) | The best scenario for the fall📝Hello traders, DAX in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
With the studies that were done in this index, it can be concluded that this index, like other indices, always has upward movements.
And it is in the waves of progress. Most of these movements are at the end of their path in our wave count.
Based on the count, we considered two scenarios:
In the first scenario, waves 1, 2, 3, 4, and 5 are formed, and now is the time to correct for these waves.
But in the second scenario, only waves 1, 2 and 3 are formed and the trend inside wave 4 is an expansion triangle, and from this triangle, wave e is not complete.
As a result, we considered several ranges to confirm the scenario.
If the trend line is broken downwards, the descent to the bottom of the disciplinary triangle will continue and in that range we will have to wait for the scenarios to be confirmed.
And if the trend lines are not broken, we should have an upward view and the formation of the 5th wave.
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