sell DAX now after it broken the up trend linesell DAX now after it broken the up trend line
DAX
TYPE : SELL
TF : H2
ENTRY PRICE : 15825
STOP LOSS : 15910 (95 PIPS)
TAKE PROFIT : TP1: 15805 TP2: 15765 TP3: 15700 TP4: 15630 TP5: 15552
Dax30
DAX Index Analysis, Breaking the Resistance Hello everyone, as we all know the market action discounts everything :)
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The DAX index has lost 0.32% after the close on Monday, The market is having a hard time breaking out of the resistance zone from 16024.90 to 16114.41, as we see on the chart after the price has gone up near the 16030.575 the Bears went in right away and showed the Bulls that they still have power in them and a Bearish candle has formed dropping the price to the 15850.270.
upcoming Scenarios for the price movement :
Scenario 1 :
The DAX index is trading at 15925.730 and it's nearing the first resistance line at 16024.90, where the Bulls power will be tested and if they have proven that they still hold control over the trend then we will see a breakout from that resistance zone and the price will most likely be moving up and will be headed near the 16436.49 area.
Scenario 2 :
After that Bearish candle, The Bears has shown the Bulls that they still have power in them and they could be making a move soon, The drop in price on Monday was 0.32%, This could be a sign that the Bears are ready to make their move, if the Bears were able to hold control over the Market right now then we will be seeing the price dropping near the first Support line at 15935.39 where a battle between the Bulls and the Bears will take place over control of the market, If the Bears were able to win that battle then we will be seeing the price dropping more and could be headed to the Major support area at 15845.88.
Technical Indicators showing that :
1) The Market Price is above the 5 10 20 50 100 and 200 MA and EMA (Bullish sign)
2) The MACD is above the 0 line showing that the market is in a Bullish state, with a positive crossover between the MACD line and the Signal Line.
3) The STOCH reached The overbought zone with a negative crossover between %K (82.25) and %D (89.52). Which could indicate a small drop in price.
4) The RSI is at 61.48 showing great Strength in the market, With no divergences between the indicator and the market.
Support & Resistance points :
support Resistance
1) 15935.39 1) 16024.90
2) 15774.37 2) 16105.43
3) 15571.29 3) 16233.41
Fundamental point of view :
Germany stocks were lower after the close on Monday, as losses in the Consumer & Cyclical, Transportation & Logistics and Industrials sectors led shares lower.
At the close in Frankfurt, the DAX lost 0.32%, while the MDAX index fell 0.54%, and the TecDAX index lost 0.12%.
The DAX volatility index, which measures the implied volatility of DAX options, was up 12.13% to 18.02.
The best performers of the session on the DAX were E.ON SE (DE:EONGn), which rose 1.39% or 0.150 points to trade at 10.940 at the close. Meanwhile, Linde PLC (DE:LINI) added 1.19% or 3.100 points to end at 264.250 and Merck KGaA (DE:MRCG) was up 0.75% or 1.47 points to 196.40 in late trade.
The worst performers of the session were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 2.14% or 4.45 points to trade at 203.05 at the close. Henkel & Co KGaA AG Pref (DE:HNKG_p) declined 2.12% or 1.82 points to end at 84.06 and Bayerische Motoren Werke AG (DE:BMWG) was down 1.91% or 1.585 points to 81.495. According to Investing
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
DE30 Buy the previous resistance.GER30 - Intraday - We look to Buy at 15801 (stop at 15748)
Previous resistance, now becomes support at 15800.
20 4hour EMA is at 15785.
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Price action resulted in a new all-time high at 16030.
Our profit targets will be 15947 and 15967
Resistance: 15900 / 15950 / 16000
Support: 15850 / 15800 / 15750
16 Agust : powerfull sellimit in dax under gap with sl on high AC 4hour is red ,this mean downtrend will comes
china news comes very bad and will pressure dax to down (secret=when china news comes bad , dax same day will go down(down trend),,,, so china news are important on dax)
www.forexfactory.com
buylimit near fibo 61% and gap in 15580 (gap on cash xetra dax) is good idea with sl=15480 trailstop=40point (after open hold it 7-8 day until high or 16250 ,dont close soon )
if you have old sells ,you must close all or put tp in 15840(hedge location) or 15600
(on dax 99% looking for buy in deep)
DAX: All Eyes On Me! 👀👀👀The DAX is still indecisive whether to take the alternative route with a probability of 43% and push through the resistance at 15806 points or to take the long road around the mark at 15279 points. We primarily expect that the latter is the case and that the course will make a huge turnaround at the 15279 point mark. After that, the stage is set for a lasting bullish run.
Opportunities ahead!
DE30 Sell the top.GER30 - Intraday - We look to Sell at 15798 (stop at 15852)
We are trading at overbought extremes.
Pivot resistance is at 15803.
The previous swing high is located at 15806.
Preferred trade is to sell into rallies.
Our profit targets will be 15642 and 15622
Resistance: 15750 / 15800 / 15815
Support: 15700 / 15650 / 15600
DAX, SELL POSITION.DAX ON short FOR NEXT WEEK.
DAX has broken a long uptrend and we will be heading for a retest after the trend is been broken, so we won't be having a long sell, is just a short sell until we see the next move of the market.
7 August= upper gap 15800 fill as we predict 3 days ago for coming days w hacve open ,active gap on cash xetra dax DEU30 near 15555 , soon or late it must fill
note=AC 4hour is red too
advice =looking for sell with SL on high , break high 15800 can give dax + trend
note=very good NFP news on friday,this week will give fear about tapering(increase rate ,reduce help by Fed) so we predict this gap must fill(it is near fibo61% too (dax love pullback to fibo 61%)
6 August friday : in germany dax ,we have open gap in 15560 in cash xetra dax we have 2 open gap , old 15800 and new gap in down15560
put sellstop under trend (AC 240min is red too) with sl=today high
put sellimit on 15800 gap too with sl on high near 15850 trailstop=40
buylimit in downer gap 15570 sl=15470 trailstop=40 tp=16000
good luck , use very low size (10.000$ balance max 0.1 lot)
5 August dax : dax try to touch gap in 15800 all trader watching chart when dax will touch 16000
note: AC (or stoch 7.4.4) on 4hour chart turn red now ,if dax can break today high 15710 ,can turn AC to green again(mean new + trend start)
strongly advice stand on buy side(sl=low) above 15500, dont pick sell , green arrow powerful buylimit place sl=40 trailstop=40
www.tradingview.com
for germany and dax news you can use below (use chrome for translate)
www.finanznachrichten.de
4 August : on cash xetra dax 15800 gap is open ,must close soon gray line= our prediction (not for trade)
you can see AC (or stochastic ) 4hour is green ,this mean buyer and + up trend can comes
best powerful order is buystop with sl= low trailstop=40 tp1 =15800 tp2=16000
advice= stil we advice stand on buy side in 2021-2022 , looking buy in deep and hold 7-8 day to new high but with sl=last clear low (or same day low)
we are going to put buystop in real accounts too
green arrow=powerful buylimit place with sl=40 trailstop=40 we must put
if you have old dax sells ,hedge in 15615 (break this mean + trend start) (,frist close sells on 15300 then 10 day wait in high 15800 close buys , never close buys frist=margincall
ALERT=DAX30 GOING TO CHANGE TO DAX40 THIS CAN INCREASE DAX PRICE TO 17000
www.dailysabah.com
if you need exclent dax broker with low spread(0.01 lot), pm me
🐮 Longs on DAX as a day tradeDAX finally approaced a level and formed a decent pullback on its short-term charts which gives us reasons to go long.
Specifically price has hit the 38.2% of the recent high/low play of the current price moves, which is a trigger for buy for our "pullback trading system".
In about 2 and a half hours we get the important PCE data from the US, which measures inflation and that is the current market theme right now in the financial world, the Eurozone CPI data came out higher, meaning inflation is rising but so did the GDP.
Based on our study of inflation, indices tended to go up with higher inflation.
GER30 Buy the dip.GER30 - Intraday - We look to Buy at 15474 (stop at 15425)
Daily signals are bullish.
Dips continue to attract buyers.
We look to buy dips.
Pivot support is at 15470.
We have a Gap open at Monday from 15543 to 15605.
Our profit targets will be 15618 and 15638
Resistance: 15650 / 15700 / 15730
Support: 15600 / 15550 / 15500
Monday: DAX - Week 31Hello Traders! Check Related Idea for market context!! So far the structure is going as expected, let's monitor and adapt to the next possible scenarios and changes.
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15604 (stop at 15549)
Daily signals are bullish.
Pivot resistance is at 15603.
A break of bespoke resistance at 15600, and the move higher is already underway.
Expect trading to remain mixed and volatile.
Our profit targets will be 15749 and 15769
Resistance: 15570 / 15600 / 15670
Support: 15500 / 15470 / 15450
Friday: DAX - Week 30Hello Traders! Check Related Idea for market context!! A possible continuation 3-wave structure is currently in play, let's see how it plays out!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
DAX 30probably we have opportunity to enter again
on the cross of two channels
and a beautiful ichimoku flat
let's see what germans do ;)
Wednesday: DAX - Week 30Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Wednesday: DAX 2 - Week 30Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.