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GDAX DAX 40 (German 40) Technical Analysis & Trade IdeaTheres a full video analysis posted before this. The DAX 40's recent bullish surge reveals signs of exhaustion on the monthly and weekly charts. Lower timeframes suggest a manipulative price structure primed for a potential trend reversal. Here's the breakdown: - Overextension: Extended trends often succumb to corrections or shifts in direction. The DAX 40 appears ripe for such a move. - Liquidity Engineering: The 4-hour and daily price action hints at manipulation. The downside breakout followed by a stop-loss raid indicates possible accumulation to fuel a bearish move. - Reversal Pattern: This market behavior aligns with recurring reversal setups I've observed consistently throughout my trading experience. Trade Idea - Direction: Short (with the potential for significant downside) - Timeframe: Expect bearish momentum through February and March. - Monitor: Watch for validation on lower timeframes (e.g., a bearish break of the current range). - Risk Management: Set appropriate stop-loss levels based on your risk tolerance. Disclaimer This analysis is for informational purposes and does not constitute financial advice. Before making any trades, perform your own in-depth research and exercise prudent risk management.
SPREADEX:GDAXIShort
by tradingwithanthony
1
GDAX DAX 40 (German 40) Technical Analysis & Trade IdeaGDAX DAX 40 (German 40) Technical Analysis & Trade Idea The DAX 40's recent bullish surge reveals signs of exhaustion on the monthly and weekly charts. Lower timeframes suggest a manipulative price structure primed for a potential trend reversal. Here's the breakdown: - Overextension: Extended trends often succumb to corrections or shifts in direction. The DAX 40 appears ripe for such a move. - Liquidity Engineering: The 4-hour and daily price action hints at manipulation. The downside breakout followed by a stop-loss raid indicates possible accumulation to fuel a bearish move. - Reversal Pattern: This market behavior aligns with recurring reversal setups I've observed consistently throughout my trading experience. Trade Idea - Direction: Short (with the potential for significant downside) - Timeframe: Expect bearish momentum through February and March. - Monitor: Watch for validation on lower timeframes (e.g., a bearish break of the current range). - Risk Management: Set appropriate stop-loss levels based on your risk tolerance. Disclaimer This analysis is for informational purposes and does not constitute financial advice. Before making any trades, perform your own in-depth research and exercise prudent risk management.
SPREADEX:GDAXIShort
by tradingwithanthony
The DAX could be at (or near) a swing lowIndex futures held their ground overnight, and the US dollar's rally is showing signs of near-term exhaustion. And that indicates a subtle change in sentiment ahead of today's open. The DAX found support at its 50day EMA on Wednesday, which is just above the 2021 high. Given a small-ranged bullish hammer formed alongside higher volume suggests a 'change in hands' between sellers to buyers, so we're on guard for a bounce. Bulls could seek to enter within yesterday's range with a stop beneath the 2021 high and initially target gap resistance around 16,490 - a break above which brings 16,600 into focus for bulls. However, as we suspect the US dollar is set to extend its gains after a pause in its rally and that equities are yet to make a decent retracement, we're anticipating another leg lower towards the support zone just above 16,000.
XETR:DAXLong
by CityIndex
GER 40 TECHNICAL ANALYSIS 11/12/2023-15/12/2023The Index is currently trading in an uptrend parallel channel, and momentum also indicate that the bulls are still in control of the market, so the interesting thing is are we going to see a pullback to level around 16500.00 level for us to get into the trade or the index will still go up. A deep pullback to around 16000.00 will still provide good entry levels for one to get into the trade, Will wait and see what is going to happen.
G
by juniormoseki1
DAX to turn into an uptrend?DE30EUR - 24h expiry The bullish engulfing candle on the 4 hour chart the positive for sentiment. Our short term bias remains positive. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. A break of yesterdays high would confirm bullish momentum. Short term RSI is moving higher. We look to Buy a break of 15301 (stop at 15201) Our profit targets will be 15551 and 15601 Resistance: 15291 / 15400 / 15500 Support: 15180 / 15100 / 15068 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURLong
by OANDA
Don't give up on the DAX just yetYes, the DAX is clearly within an established downtrend on the daily chart. And its drawdown from its record high is relatively shallow at just -11.5% by historical standards - meaning we suspect further losses could be coming. Yet its failure to break beneath the December high and March low has not gone unnoticed. And given it formed a bullish hammer around these key level with a mild bullish RSI divergence, we see the potential for some mean reversion over the near term. Keep in mind that we have flash PMIs for the US and Europe today along with a speech from ECB President Lagarde, US GDP, PCE inflation and a Jerome Powell speech also in focus this week. And that leaves plenty of room for volatility for global markets.
XETR:DAXLong
by CityIndex
GER40 Analysis 13Oct2023In my opinion, GER40 presents a slightly different perspective. If you observe the movement of the wave, you will notice a curve that is currently supporting it. Usually, when such a curve forms, the price tends to follow the same movement. Therefore, I believe that in the medium term, the price is likely to remain bearish. Furthermore, if you look at the current situation, it is possible that we are in the bearish channel, which would mean that the price will continue to follow this downward trend.
PEPPERSTONE:GER40
by Hokusai_FX
GER30: Thoughts and AnalysisToday's focus: GER30 Pattern – LH - Lower support test Support – 15,055 - 15,015 Resistance – 15,287 - 15,504 Hi, and thanks for checking out today's analysis. The GER30 daily is today's focus. Due to the tragic events over the weekend, we have seen stock futures trading lower into the new week. The GER30 is testing Friday's firm finish and could be forming a new lower high. The key here will be if sellers can be price back down to test 15,055 - 15,015 support. A break set up a continuation of the med-term downtrend. If buyers can reject today's selling and break back above Friday's high, this could suggest a new higher leg and a possible test of 15,504. Good trading.
GShort
by Eightcap
DAX - (massive!) Short; This is a no-brainer!Germany decided to systematically destroy their (and the EU's) economy, in a consistent and spectacular fashion. This is a no-brainer!! (I have been shorting this, with everything I've got, for the past week.) The only thing that kept this thing afloat, so far, is the underlying currency (EUR/USD) push-pull. I believe that is now over and full capitulation is at hand. Where will this mayhem stop? ... Well, it depends on the maximum pain tolerance of the combined German industrial base. Will they let their government fully destroy their entire economy or will they put a stop to it, at some point? ... Right now, I don't care! The damage is already done, the only question remaining; Just how bad? Sell, sell, sell ... and then, Short some more!
XETR:DAXShort
by Nemo_Confidat
60
Scallop on DAX with new upside target to 18,792From the previous trade analysis on DAX, it hit our target of 16,333. This was due to a Falling Wedge along with a Reverse Cup and Handle pattern. Since then, the price has moved into a consolidation period where the price was fighting between the bulls and bears. And guess who is winning? The bulls again. There has been a smaller pattern form called a Rounding Bottom or a Scallop formation. Now that the price has broken above the neckline, means we can expect upside to come to the next target. Other indicators confirm upside momentum including: 7>21>200 RSI>50 My next target will be up to 18,792
XETR:DAXLong
by Timonrosso
1