Triangle on DaxTHe question is, which move next. For me more propably is break down, but still need to wait of comfir.
Dax30long
Possible scenarios for DAX - based on structural analysisWe still haven't completed any patterns, 4 types of patterns are still possible to play out, a regular, expanding, contracting, or running flat. It all depends on whether we break the top or not before the down-move starts. But it seems like we will have 4H divergence, and the RSI is crawling up to overbought territory. Both indicators suggesting buy weakness. Which indicates that the down-move might be close. OANDA:DE30EUR
Dax - Daily outlook 08.07.2020 - #Dax #Dax30 #GRXEUR1.618 is reached and starting signal of wave 3 of wave 5 came in.
Entry 12.570
SL below today's low of 12,485.
RRR better than 3 to 1.
Greetings from Hannover
Stefan Bode
DAX long after a significant breakout from range #DAX #TRADINGUnless it comes back to the gray zone, price turns in the direction of the daily long trend.
First target is the size of the zone, second and third are FIBO levels, and there is also the zone around the all time high as a significant
zone.
This is a good opportunity to trade with the daily long trend.
Also, according to the IG client sentiment report, 71% of the retail traders are short...
What do you think? Do you agree or not?
Possible upward move on DaxPlease support my work by clicking the LIKE button(If you liked).Thank you! Possible upward move on Dax. 13000 and higher is very possible. If trade will go in your way hold it.
dax longwe can see that we are making higher highs and higher lows, i believe long term this will be up, i have a long opened at this level and leaving it running for a while.
DAX ( Daytrading ) Buying sharp pullback today ( if seen )Hi,
the idea is valid today only !
Looking to buy dips ( sharp pullback i f seen ) towards possible demand zone 12460/440
Stop under 12395
Target 12640
Good Luck
#DAX - Comming Trendchanging? June 19, 2020 #GRXEUR #DAX30Back from my two-day training seminar (trading/investing) and a big applause to the eager participants. It was a lot of fun again, even if it was certainly a lot of input for you and the heads smoked.
You are perfect and you will rock the show in the next months and years.
But now - Mr. Dax.
There are signs of a possible trend reversal and I want to be prepared for it. After 3 months of upward movement, trend is tiring at the moment. If a reversal is established, then there could be a next downmove.
Ideally, we still have some time to position ourselves and to wait for the weekly closing and hopefully the month/quarter closing candle next week. Nevertheless I need a tradingplan.
Currently still on sideline but always be ready to enter the market.
Greetings from Hannover,
Stefan Bode
People shorting DAX from today and I just see a 1-month longElliot waves, FOMO theories, early throw-back, people thinking it is overbought. I mean, these opinions are perfectly respectable but I see a bull channel that might be ending in July 14 to then experience the throwback and lack of FOMO that we can see around the DAX's ideas section. So Short term (1-month) is long for me and from then on short the index from its maximums. Something similar happens with S&P500.
#DAX - June 18, 2020 #DAX30 #GRXEURThe Dax has not yet finished its upmove, but broken out of small triangle with a classic retest. Dax should not touch 12,768 level, so I expect a further downward movement.
Bearish price targets would be 11,763 points and 11,305 points.
For the rest of the tradingplan, the 10,825 points should not be touched again.
Good trading day to you.
Greetings from Hannover
Stefan Bode
#DAX - June 16, 2020 #DAX30 #GRXEURDax30 should end upward movement B and change into an downward counter movement C.
A bearish target would be 11,500 points and maybe 11,000 points. Thats 700 - 1,200 points from the current level. Looking at 12,420 level for entry Short.
However, the 12,770 should not be touched.
Have a good trading day.
Greetings from Hannover
Stefan Bode
#DAX - June 15, 2020 #DAX30 #GRXEURDax30 should end its downward movement and change into an upward counter movement.
A bullish target would be 12,100 points, over 450 points from the current level.
However, the 10,825 should be defended.
Have a good trading day.
Greetings from Hannover
Stefan Bode
DAX index near the bottom for next wave higherDAX index is making a nice correction pattern. It is near completition and a new move higher.
Possible low risk entry on a longBounced off recent resistance, but only as far as current trend line (so far at least). But stops can be super tight, so low risk (gamble).
GERMANY 30 - Deutscher Aktienindex (DAX30)With a good move to break 11359.4 with force = will cause an up trend continue to 12096.1 as a First Target on daily frame
