DAX in USD looks like it will break downDAX in USD has followed tramlines for a week or two but now looks like it will break down. As EURUSD is not likely to fall further, this implies a substantial DAX move to the downside
Dax30short
DAX 4hnow i think it's going down to 10 k. But be carful in this time. trail your stops if you are on a good run...
10k is the next key for me. more down ist goes to 9750 - 9500 let s see.
06 oct 2016 DAX daily analysesUse the chart together with the text. They form a roadmap that will guide you through the market
DAX 4 HOUR Firstly the trendline has broken, secondly price has gone above weekly highs (dotted rays), both EMA's have been passed. Thirdly proce action shows 10640 level shows bearish drops. Support and resistance self explanatory. TP and SL is an example.
DAX 4 H ShortDAX 4 H Short
Resistance: 106300 - 106900
Support: 104600 - 104000
This is not investment advice
DAX inside at top in a downchannel, some bear divergence....Here aug-sept...60min.... maybe a downchannel (yellow). But also an alternative-channel (red-lines by the arrows)....some more rom to the roof there, 650.
Above todays high, 600-700... there's a zone for to be ready for a posible breakout upward...
If not, then low in the channel should be a target for the downside.....
MACD is a kind bullish, untill it cross down again....
Some bear divergence in momentum and RSI, but not sure if it is enough thoug... ?
Wait and watch for next big move now..... monitor price and such... and indikators progress.
DAX - 30Long time i think about DAX . I see one Global chanel(BLUE) and smaller channel (YELLOW). In all channels shall be downward movement.
DAX , HIDDEN BEARISH DIVERGENCE >> develope to the downside ?Not sure , but if it holds on here 10648 , I can notice we have a clear HIDDEN bearish divergence, that could come in play now >>> to the downside. Put a SL above that level, for a start.... and move the SL down, when posible. Not an easy task , so let's see if it could be any good....
That 4h-candle was not finnished, for another 2 hours.... but I did choose to make the chart now.....
DAXGER already start goind down but not so strong. Next two weeks i think we go more down.
Have good profit dear traders.
DAXGood move this morging. I still look down. But after speech Mario Dragi DAX can go up.
If you dont want lose your money every time open positions with STOP LOSE
DAX GAMEPLAN FOR COMING DAYSToday's price action suggests that we will visit 1330-1300 area. Happy trading. This is the range until we break lower/higher.
SHORT DAX WITH US ELECTIONS @ 12K - maybe butterfly pattern?why not? bearish butterfly pattern is not complete but if will be completed you can short "all in"! ;-)
Reversal ahead?since dax ended his correction game, it looks like the up move was of a "correctional" nature to prepare a much bigger sell off.
Areas of interest will be between 10.600 and 10.550
