Germany DAX30 buy setupAs you can see the price broke the structure to the top again and now we have to wait for a pullback and I think this area is good to set a buy order.
Let's see what happens.
Dax30analysis
SOLOMON NUMBER of DAXThe Solomon Number of DAX is: 15897
Instructions:
A- Every DECREASE in price is an opportunity to BUY. The Target is Solomon Number 15897.
B- Once the Solomon Number is touched the analysis is no longer valid to enter OR take long again.
D- Apply proper risk management according to your balance.
1st long entry@ now 15275
2nd long entry@ 15060
TP@ 15897
Dax 30 : Stuck in short positions ? Here is the solution ! Speculative sentiment index is just 7.5% on an average indicating an open above 15660 eyeing the targets 15820 and 16k + psychological level / Possible stop loss cluster area . Stuck sellers just be patient and do not put equal parallel positions at the moment ,you will be stuck for life time . Do that only if your margin is in trouble and deposit later to avoid the swap charges that gonna eat your account. Ascending triangle like formation is breaking slowly ( Typical Algos Frustration mode ) . Possible massive profit booking happens around 16000-16200 levels with some magic numbers high like 16033,16057,16077,16133 and so on . Machines will hunt entire typical human mind stop loss like 15650,15675 15700,15750 . Don't let the machines to trap you in mesosphere level if you are holding sell for long time. Trade Safe, All the best
DAX Index SIGNALHere I see that the market has had it's 8:30 am candle. From there we will enter in for the scalping buy on the 15 minute timeframe. As I was marking up, TP1 hit. Let's see where we go from here.
DE30EUR 2021 Feb 15 Week
OANDA:DE30EUR
DE30EUR 2021 Feb 15Week (Intraday)
Green/Red zones = preferred entry zone
Moving back into a previous supply area
Chart shows diminishing supply, however buy side doesn't have much participation either.
Will follow channel at the moment to buy after price dip.
13925 acts as the immediate guide if market can maintain its strength.
Have a safe and profitable trading week.
GONG HEI FATT CHOI & HAPPY CHINESE NEW YEAR to those who are celebrating!
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Sell confirmation DAX30Doji candlestick formed on the resistance level meaning the sellers has taken over the market and pushing it to the support level 1 or 2
Dax30- Target hit, now what?IN my previous analysis on Dax30 I said that although "timid", we can see an H&S reversal pattern for the German Index.
A break occurred and the price dropped quickly to reach the 11500 target.
In my opinion, we are at the beginning of a medium-term downtrend, and 12k should be very well defended by bears.
Sell rallies around this price could be a good strategy with a great R:R
Another downmove left? #Dax #Dax30 #grxeur #tradingviewHello, Grüezi and Moin Moin,
after completion of the correction wave 4
I expect another downmove of Dax to deeper lows.
Another 400 + X points for your poket?
Greeting from Hannover
Stefan Bode
DAX30 possible scenario, very important day!
Strong reaction in the night of the American futures which once again have been crushed on the lows, Asian choral bullish movement that pull prices back to the highs of the week.
Today if the scenario is confirmed also in the USA and in the EU, the closing of the highs of the important 8 days just passed will anticipate the bullish exit of the powerful weekly setup and the probable restart of the annual cycle
