DAX ForecastI am going out on a limb here -- but that's what the good old DAX is going to do in my opinion.
This is not a trade recommendation. Always use your own mind to decide for yourself.
Take care.
Dax30short
DAX 4H no clear signs but there are on 30 minutesAs you can see there is not much to say right now because of the impulsive wave.. We could have catched the breakout from my last DAX anlyse for 230 points/pips, but I've missed it..
DAX [Weekly] Towards 5000, is it possible ?We are done with small H&S formation but what about "The Monster" one ?
For now we may see continuation to the downside towards 9500/000 and after that some kind of bounce/rally
which might create right shoulder.
Please remember its weekly chart , its going to take time and we are talking about possible bounce twds 12000/500
DAX seller against the trendline (4H)I take a long due to this chart. downtrend is getting weaker and it could be logic that it is testing the trendline again. I'll update this chart on a lower timeframe to enter a short position when it is at the trendline.
DAX30- STRAIGHT AWAY TO 8000 POINTS - SHORTHello Guys,
My bearish view has not changed at all. Dax will be hitting 8000 points in few months.
Thank you,
Dr. Simone Siesto
Bear market is coming!As you see in the next 1-2 years a big crash is going to happen and apparently it will lead to trend reversal for the next decade on the whole stock market.
I guess it may lead to new economical crisis or/and bring big money into cryptocurrency.
Really excited to see what is going to happen.
DAX sell zone 11000-11050 (H4 chart)This is my point of view for the DAX now. As i'm a student i don't have alot of time to check the chart. If I am able to watch the chart when it is in the sell zone that is mentioned in the title, I will upload an idea from that point with entry points and take profits. DAX is in a downtrend now, if the trade goes well we can make alot of points out of this trade.
German DAX - W - Multi Year Trendline BreakTargets previous resistance and measured move of head and shoulders drop.
Elliott Wave View: DAX Looking for Further DownsideDAX continues to make a new low and this week broke below 11/20 low (11009) suggesting that the move lower remains in progress. Near term Elliott Wave outlook calls for the decline to 11009.25 on 11/20 as blue wave (3). From there, rally to 11566.97 ended blue wave (4) as a zigzag Elliott Wave structure. Red wave A of (4) ended at 11403.72, red wave B of (4) ended at 11208.60 and red wave C of (4) ended at 11566.97.
Decline from there is unfolding as an impulse Elliott Wave structure and a marginal low still can happen before ending the 5 waves down. This move lower also ended blue wave (5) and black wave ((3)) of a larger degree. Afterwards, expect black wave ((4)) rally in 3, 7, or 11 swing before the decline resumes again. We don’t like buying the proposed rally as the right side still remains lower.
DAX - Completed a Head and Shoulder on the weekly timeframe The DAX has broken the H & S neckline as well as the 200 MA on the weekly timeframe. It is potentially heading to the 10000 area but will the trendline hold and produce a bounce. This is not trading or investment advice but my personal opinion.
Ugly DAX (Weekly)The DAX broke its decade long bearish rising wedge.
It could retest it. Anyway, it seems to be targeting <9600.
Dax30 - Again at 11.000?This week is likely to mark the end of the downturn and it should not come as a surprise to reach the 11,000 point range again.
Subsequently, a strong upward movement should start and bring the Dax over 12,000 better 13,000 points.
But it is still too early and the expected upward movement must then be analyzed again. The danger is that the green IV has not yet finished, but has only formed an intermediate low.
greetings from Hannover
Stefan Bode
P.S. You liked it? Thumbs up!
DAX Elliott Wave Analysis Calling Rally to Fail Hello Traders,
DAX has broken below Oct 26 low (11051) and suggests that the Index has resumed the decline lower. We are calling the decline from July 27 high (12886.83) as a triple three Elliott Wave Structure where decline to 11051.04 low on Oct 26 ended blue wave (Y) and bounce to 11692.91 high on Nov 2 ended second blue wave (X).
Down from 1162.91, short term Elliott Wave view suggests that it ended the cycle from 11/02 in red wave W. The internals of that decline unfolded as an Elliott Wave Zig Zag structure (5-3-5) which ended black wave ((a)) at 11/12 (11310) and black wave ((b)) at 11/14 peak (11567). Below from there it ended black wave ((c)) of red wave W at 11/20 low (11010). Above from there it is currently in the process of correcting the cycle from 11/02 peak in red wave X and as long as the bounce stays below 11692.91 we expect Index to extend lower.
We don’t like buying the Index and expect rally to fails in 3, 7, or 11 swing as far as pivot at Nov 2 high (11692.91) stays intact.
Last lifebuoy for the DAX!The DAX is now in a difficult situation. Make or break! Crucial for the bears and the bulls! Below 11k downwards to 10.2k and 9.5K
DAX30 short two top and high volatility area after the market open any one can enter with the 1:2 ratio stop 110 pips and target 250 pips
DAX is going down againDax index going down again => we can see a clear hidden divergence with MACD indicator
The first Target 11000 points, a stoploss we can put above the 11800 points.
I will update the idea
Good luck!
P.s. Look my previous idea
DAX - Breakout of the bearish channel or short below 11050?Since October 8th, the DAX has lost close to 1000 points.
This graphic offers a technical framework on the bear trend and shows that the DAX moves into a bearish parallel channel which has been tested several times.
We can also notice that prices have reacted on 11050 points.
In my case, before to take a swing position on DAX, I am waiting for :
-A breakout by the top of the bearish channel to open a long position
or
-Prices move below 11050 to short the DAX
The DAX30 Scary Monthly Chart (candle not closed yet!)Bearish divergence
Broke-down of its Rising Wedge (Converging Channel)
Broke the neckline of its H&S topping pattern
