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
Dax30
$DAX Can Still Rise Higher To This FCP Zone #daxTraders, DAX Can Still Rise Higher To This FCP Zone.
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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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US30 FORECAST TODAYPrice formed a swing low at 35470 which was yesterday's LOD. There is sell-side liquidity under this swing low and an M15 BULLISH OB that needs mitigation. It would be a nice area to go long if prices visits just below 35470. However consider that there is a fair value gap down there so if bear pressure is too much we might break my anticipated bullish OB but that's why we got a stop loss. Good trading!
US30 SELLLook like a good trade to end the week! A lot of confluences and reverse trendline psychology to back it up. Waiting for price to reach my SELL ZONE and I'm pulling the trigger! (SELL)
DAX May Breakthrough Record Highs on New Government PolicyOlaf Scholz, a former German finance minister, took over as the new German chancellor on Wednesday replacing Angela Merkel’s Christian Democrats who ruled for the last 16 years. He was approved by the Bundestag, a German parliament, with 395 votes out of 736.
The major German DAX stock index reacted calmly with a slight correction of 0.4% on Wednesday afternoon after a steep rise on Tuesday by 2.8%.
Mr. Scholz is known for his sterling reputation as a competent executive and a professional. He is a strong advocate for supporting business and supported the billions that went towards the government aid package during the pandemic. The new German government has many plans in the pipeline including “green” energy expansion. Robert Habeck, the first-ever Green minister within the economy, has said that climate protection would lead Germany towards greater support of SME’s, renewable energy, and the expansion of the country’s aging electricity grid. Annalena Baerbock, a Green party co-leader who will become the first woman German foreign minister, has signaled a more assertive stance towards China and Russia, putting respect for human rights and the rule of law at the center of German diplomacy.
Germany as a country and its policies will certainly go through transformations. But the scale of such changes is hard to envision right now. As for the German stock market, it has clearly been signaling sideway dynamics since April 2021. Even the DAX’s new record in November at 16,920.19 points has not changed this nine-month trend.
Technically, a triangle uncertainty pattern is forming in the German stock market with a support for the DAX index at 14,830-14,870 points and an upward-sideling resistance that is crossing the 16,300-16,330 landmark. Sooner or later the DAX index will leave the pattern with a likely upside spike. This must be confirmed as the current triangle pattern suggests uncertainty. In case of an upside swing, the growth potential of the pattern is within 1400-1450 points or 9%, which means a target of 17,800 points.
Alternatively, if the index drops below the support at 14,830-14,870 points, we may have a downward correction to 13,400-13,500 points.
DAX: Primary Push?The DAX has excellently recovered from its low and is celebrating it with some great runs. However, within the blue box, where the index is currently located at, there is a high chance that this current surge is only short-lived. With a chance of 40%, the course might drop all the way down to the pink area.
Don't be too fast!
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.
In this index, we consider two scenarios:
In the first scenario, the main waves 1, 2, 3, 4, and 5 are formed, and now we have entered a new phase and correctional waves.
In the second scenario, waves 1, 2 and 3 are over.
And now we are inside wave 4 and wave 4 is in the form of an disciplinary triangle and from this triangle wave e is incomplete.
For this reason, we considered several ranges. If the trend line and the downward red circle are broken, the movement continues to the lower side of the triangle, and after this side is broken, the first scenario will be completely approved.
But in case of reaction to any of these ranges, I consider the second scenario and the trend climbs to Fibo 0.38 by breaking the upper side of the triangle.
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buy dax now , hold 10 day sl = 4-5 point under low
if big bad news not come (low not break) dax midterm for next 2 month target is 17200
if you have open sell , close it now ,put sellstop in low
if you have open buy be patient 10 day until 15900 ok??? , put hedge sellstop in low too , break low mean new wave of crash come
important = dax have very powerfull support around 14000 so put buylimit there ,,,if open hold it 30-40 day until near 16000,we have big buylimit there near 13900 with sl=13800
advice=above low looking for buy in deep until 16000 , if low break,looking for sell until 14000 mega support
banks,fund net order on dow futures prnt.sc
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DAX Forecast: Continues to Consolidate Around 200 Day EMAThe German index continues to bounce around the 200 day EMA as we have seen a lot of consolidation in this general vicinity. The 200 day EMA is obviously an indicator that a lot of technical traders will jump on, as it continues to be an area that longer-term traders pay close attention to. Furthermore, when you look at this chart, you can see that we have gone back and forth just above the €15,000 level, an area that obviously would be somewhat attractive for traders as well.
When you look at this chart, you can see we are trying to build a bit of a basing pattern, and if we can take out the €15,500 level, I think it is very likely that we go looking towards the €16,000 level again. Ultimately, the market will have to decide whether or not the lock down situation in Germany is going to roll over the cliff, or if we are going to turn around and rally. At this point, the reaction has been somewhat positive, so one would have to think it is probably only a matter of time before we grind higher. After all, we had recently sold off quite drastically only to go sideways, which is the first step in getting things turned around.
That being said, if we were to break down below the €14,900 level, then it could send this market much lower, perhaps down to the €14,000 level. The DAX is going to be just as sensitive to risk appetite as many other indices, despite the fact that Germany is considered to be the “blue-chip index” of the European Union. A cheap euro certainly helps the idea of exports, which the DAX is full of when it comes to large multinational corporations.
One thing is for sure, if the DAX sells off again, nothing good could happen to other indices such as the IBEX, MIB, and other smaller indices on the continent. If this market does rally, those very same indices will be where traders look to next in order to find some type of return. As things stand right now, we have pulled back to a serious support level, and so far, it seems to be doing its job. It is a little early to call it a victory, but it certainly is starting to act like the buyers are willing to step in.