Germany DAX30 buy analysisAs the price didn't react to the area of value in 1H TF, So I think it is possible that the price come down again to touch our entry but it should NOT close below the low.
I'm waiting for a lower candle shadow that trigger our entry and then go up again.
we can set an order or wait for price to come to our zone and then look for a CHoCH in lower TF and then find an entry with more confidence.
Let's see what happens...
Dax30signal
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B- Once the Solomon Number is touched the analysis is no longer valid to enter OR take long again.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
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