Dax30short
DAX Long Target reached Hello to all watching my charts.
As a lot of yours wanted to get from me information about Risk/Reward trades
i will try it here in Dax as sample.
New Long has been the Mode after the break of last resistance
at 12914.
Target has been the old high 12975 which has been reachin during
the trading day.
RRR = 2.55
Good trades.
if you want to support my work, please like them
My analyes here are all NOT a request to buy or sell
seomething. Allways do you own research.
Renkotrade
DAX Short as Forecasted Break 12885Hello to all watching my charts.
Dax is since the decision level break and
break of
12885 short
I have shown you the levels again in the chart.
The short run has now increased...
Good trades
If you want to support my work , please be so kind and like them
-
My posts are not and advice to buy or sell something
always do your own research
-
Renkotrade
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sell #dax 12402 and TP1=12285 and TP2=12187 sell #dax 12402 and TP1=12285 take half of your gain and try to go to fill the gap on TP2=12187 ,also when u are around 12250 made a SL at 1290 like that if he up u are safe and with gain #dax30 #germany30 #dowjones #nasdaq #cac40 #sp500 #usdjpy
overbought
for china us trade talks i am sure e are on buy THE RUMOUR AND SELL THE NEWS
DAX DEU30 Short Decision Level has been brokenNow my Trendchannel system shows short
Decision Level BLACK has been broken
Now we are in Short Aerea.
Good trades
If you want to support my work , please be so kind and like them
-
My posts are not and advice to buy or sell something
always do your own research
-
Renkotrade
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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
If you want to support my work , please be so kind and like them
-
My posts are not and advice to buy or sell something
always do your own research
-
Renkotrade
DEU30 DAX Long in My TrendchannelHello to all watching my charts
Dax DEU 30 climbs step by step and our by hour
to higher Levels.
Fine that my forcast has been 100% correct..
Hope you are in.
At the moment for today Support Level to wacth is
12840 for further long-
Good trades
If you want to support my work , please like them
-
My posts are not and advice to buy or sell something
always do your own research
-
Renkotrade
Short DAX, bearish divergence on Daily TFDivergences are a powerful way to identify trend movements/ reversal points alongside other indicators
The chart of XETR:DAX shows a scenario in the recent past where we got a great bullish divergence where price made a lower low, not confirmed by RSI and in hindsight, would have been a great entry point
Also, from where we are, there is a bearish divergence, again RSI not confirming the recent surge in price movement.
Calls for a short position, with TP at 0.786 Fib retracement levels and SL right above recent highs
If you like what you see, please leave a thumbs up and your comments
Cheers
DAX DEU30 1 HR Long End of 20.10.2019Hello to all watching my charts,
I am back here with a new analysis of german Dax Index
on a 1 HR view.
We have a very nice long setup since 10.10. and i do hope
everybody have seen that.
Thats in my midtime channel (blue) nice to see.
Of course such a strong rally cant last forever and has to be paused
sometimes.
Since yesterday we have such a phase
but if you check my shorttime channel (turkis green)
it still long.
So all which cried "short" at 18.10. are now faked out.
Please remember some of my rules:
Dont trade what you want to come next
only trade what you do see in the trading channels.
Good trades to all.
Renkotrade
Elliott Wave View: Bullish Sequence in DAXDAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure. On the chart below, we can see wave 3 of (1) ended at 12471.83, wave 4 of (1) ended at 12141.82, and wave 5 of (1) ended at 12497.28. Index then pullback in wave (2) and ended the correction at 11877.32.
Index has resumed higher and broken above wave (1) at 12497.28, signalling the next move higher has started. Up from 11877.32, wave ((i)) ended at 12097.43 and wave ((ii)) ended at 11933.02. Expect Index to see a few more highs before ending wave 1 of (3) a 5 waves from 11877.32. Index should then pullback in wave 2 to correct cycle from October 4 low (11877.32) in 3, 7, or 11 swing before the rally resumes. We don't like selling the Index.
DAX-30The DAX (Deutscher Aktienindex (German stock index)) is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Germany is the strongest economy in Europe. But in Europe is not very good there are more indebted debtors Greece, Italy, Spain ..., England has already fled the sinking ship. And the situation in the European Union will deteriorate. On technical analysis, showed the wave theory of the Elliott. We paint the fifth wave and after down the ABC correction. At the top showed a yellow line of resistance that with a black support line makes an rising wedge - a reversal pattern.
DAX WHEN WILL IT REVERSE?The price is still moving below the Hermes indicator that i built. The blue line represents the support and the red one represents the resistance. As you will see the sell signal received on 1st of October at 12 o'clock. There is no clear sign of reversal yet, following the price movements.