DAX, DE 30 bearish ideaBecause of the gap and the volume indicator, the bulls are weakening and bears get power. so the trajectory would be long but bearish.
Dax30forecast
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B- Once the Solomon Number is touched the analysis is no longer valid to enter OR take long again.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
DE30 - DAX Weekly MovementHere is my idea for this pair. I will place an entry buy when the price clears the liquidity.
good luck and stay safe
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
DE30EUR 2021 Feb 22 Week (intraday)
OANDA:DE30EUR
DE30EUR 2021 Feb 22 Week (intraday)
Green/Red zones = preferred entry zone
Since price is in a rotation zone between 13825 - 14190, let's see if this is distribution in progress.
Daily chart shows last bar closing higher than 2nd last bar, and close is above middle of bar shows some demand there.
Scenario1:
H1 shows higher lows. Let's see if it will test 14070 or resistance.
Scenario2:
Market is unable to sustain the H1 uptrend and goes for the immediate support.
Trade with care.
Like and follow if you find this helpful : )
Have a good week ahead.
DAX RSI divergenceOn the Dax H4 chart we can see RSI divergence, all time high price, and the price touched the uptrend channel top, so we can wait a short term correction to around 13500.
I recommend to open short position on market price, take TP around 13500, and SL around 14300.
Trade at your own risk.
Please don't forget to like, follow, and comment, if you like my analysis.
DAX - Approaching Major ResistanceDAX has ben doing superbly and remains bullish at this moment. ASt the same time it is approaching major resistance as shown on our updated chart.
DAX30 - Synopsis of our 3 positionsA Synopsis of our 3 trades (and ideas):
OCT 12 IDEA 1ST TRADE
NOV 4 IDEA 2ND TRADE (COMPOUNDING THE 1ST)
NO5 IDEA 3RD TRADE (DCA THE 2ND TRADE)
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
#Dax - New #AllTimeHighs possible? Dax30 #tradingview #GRXEURHow can we protect ourselves from destructive politics?
Is the next wave of flight from money values to shares, precious metals, cryptos?
The possibility exists, because the minimum correction has been fulfilled and the Dax is reacting and turning north.
Is this the starting signal for the next catastrophe boom?
AIL - All In Long?
Questioning greetings from Hanover, Lower Saxony
Stefan Bode
Dax30- Next station 11500?Since the beginning of July, Dax30 is consolidating(distribution in my opinion) in a timid H&S (timid because you can barely distinguish the head from the shoulders)
Now the price is at neck-line support and in case of a break the next target is 11500
Look to sell rallies or sell the break
Classic wave 4️⃣ action! The DAX opens Wednesday's trading session flat, while concerns about the coronavirus pandemic and its impact on the economy continue to dominate among investors. U.S. President Donald Trump had instructed the government and his party the evening before to refrain from negotiating with the Democrats on further aid measures to deal with the virus crisis until after the election.
In both scenarios we are assuming a further imminent upward movement in the direction of 13,000 points, but at 40% we still have to take into account that the market will slump again afterwards. As long as the DAX is trading below 13304 points, the underlying downward scenario remains valid. Direction: 11500 - 10500 points.
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
Dax DEU30 Long Here are the Marks to Watch for tomorrowMajor Support (BLACK) 12900
Lower Level Support (BLUE) 12885
Major Resistance (RED) 12975
Good trades
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My posts are not and advice to buy or sell something
always do your own research
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Renkotrade
