Daxidea
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.
GER40 / DAX Analysis 26July2023Ger40 / Dax entered the initial correction period. If you see Wave A has the same length as Wave C, then the possibility that is happening at this time is the formation of Wave (X), after Wave (X) occurs, the price will return to the target with the target up to the trendline below. There is a possibility that the price drops not to the trendline area, by forming complex correction.
DAX: Beam us up, Mr. Scott! 🖖Happy Birthday, William Shatner! Consistent with the great day of the actor playing Captain James T. Kirk in Star Trek , DAX was also beamed up – and considerably so. From the low of wave iv in pink, the index has shot upwards by about 5% and should still continue the ascent above the resistance line at 15 703 points, where it should complete wave 1 in blue. However, a 35% chance remains that DAX could slip below the support line at 14 617 points. In that case, the index would first develop wave alt.iv in pink to establish a new low in the pink zone between 14 299 and 13 863 points before moving upwards again.
DAX: Startle ReflexesWe don’t know what has startled DAX so much that it has jumped upwards and has come quite close to the mark at 12425 points again – maybe, someone tested its startle reflexes… However, the index is already back on track and should continue to move downwards into the pink zone between 11421 and 11060 points to finish wave III in pink, which it could also do in the slightly lower and larger blue zone between 11352 and 10828. Afterwards, DAX should perform a countermovement into the upper pink zone between 12129 and 13066 points, before dropping into the big green zone to complete the overarching downwards movement. Indeed, wave 2 in green could also end in the blue zone between 9980 and 9456 points, which provides a little bit more room southwards.
DAX: HiccupsLooks like DAX has the hiccups, the way it is hopping about nervously. We don’t know what has affected its stomach – maybe it is the fact that the index is still indecisive about wave (2) in white. Apparently, it has not yet determined whether it has already completed wave (2) in white or wants to finish it a bit lower still, before resuming the overarching ascent. However, there is only room until the support at 12425 points, as below this mark, our secondary scenario with a probability of 40% would come into play. In that case, DAX would have to take a detour through the green zone between 12140 and 11150 points first, before rising again.
GERMAN 40 (DAX) PENDING BUY STOP VRTX Dax is showing signs that it maybe ready to breakout out of a large scale high volume node that started in early June if the market breaks out of that area there is a considerable amount of space that it can run to the upside
German 40 Buy Stop
Entry 13550
Stop Loss 13450
Take Profit 1 13840
Take Profit 2 13940
Be aware that on Thursday Aug 4 GBP will have their interest rate decision and monetary policy report
DAX Closed Above Our Res And Make A New Supp , Long Setup ValidThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
DAX: Popeye ⚓️“I’m strong to the “finich”, ‘cause I eats me spinach”, that’s the motto of Popeye the Sailor Man. He gets strength from eating spinach, which he conveniently carries with him in cans all the time. DAX has also taken a mouthful from the green spinach can between 13981 and 13385 points to gain strength for its long way upwards. We expect the index to surmount the mark at 14663 points soon and to continue the ascent above 16295 points from there.
DAX Index Analysis, Breaking the Resistance Hello everyone, as we all know the market action discounts everything :)
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The DAX index has lost 0.32% after the close on Monday, The market is having a hard time breaking out of the resistance zone from 16024.90 to 16114.41, as we see on the chart after the price has gone up near the 16030.575 the Bears went in right away and showed the Bulls that they still have power in them and a Bearish candle has formed dropping the price to the 15850.270.
upcoming Scenarios for the price movement :
Scenario 1 :
The DAX index is trading at 15925.730 and it's nearing the first resistance line at 16024.90, where the Bulls power will be tested and if they have proven that they still hold control over the trend then we will see a breakout from that resistance zone and the price will most likely be moving up and will be headed near the 16436.49 area.
Scenario 2 :
After that Bearish candle, The Bears has shown the Bulls that they still have power in them and they could be making a move soon, The drop in price on Monday was 0.32%, This could be a sign that the Bears are ready to make their move, if the Bears were able to hold control over the Market right now then we will be seeing the price dropping near the first Support line at 15935.39 where a battle between the Bulls and the Bears will take place over control of the market, If the Bears were able to win that battle then we will be seeing the price dropping more and could be headed to the Major support area at 15845.88.
Technical Indicators showing that :
1) The Market Price is above the 5 10 20 50 100 and 200 MA and EMA (Bullish sign)
2) The MACD is above the 0 line showing that the market is in a Bullish state, with a positive crossover between the MACD line and the Signal Line.
3) The STOCH reached The overbought zone with a negative crossover between %K (82.25) and %D (89.52). Which could indicate a small drop in price.
4) The RSI is at 61.48 showing great Strength in the market, With no divergences between the indicator and the market.
Support & Resistance points :
support Resistance
1) 15935.39 1) 16024.90
2) 15774.37 2) 16105.43
3) 15571.29 3) 16233.41
Fundamental point of view :
Germany stocks were lower after the close on Monday, as losses in the Consumer & Cyclical, Transportation & Logistics and Industrials sectors led shares lower.
At the close in Frankfurt, the DAX lost 0.32%, while the MDAX index fell 0.54%, and the TecDAX index lost 0.12%.
The DAX volatility index, which measures the implied volatility of DAX options, was up 12.13% to 18.02.
The best performers of the session on the DAX were E.ON SE (DE:EONGn), which rose 1.39% or 0.150 points to trade at 10.940 at the close. Meanwhile, Linde PLC (DE:LINI) added 1.19% or 3.100 points to end at 264.250 and Merck KGaA (DE:MRCG) was up 0.75% or 1.47 points to 196.40 in late trade.
The worst performers of the session were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 2.14% or 4.45 points to trade at 203.05 at the close. Henkel & Co KGaA AG Pref (DE:HNKG_p) declined 2.12% or 1.82 points to end at 84.06 and Bayerische Motoren Werke AG (DE:BMWG) was down 1.91% or 1.585 points to 81.495. According to Investing
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
DE30EUR ( Dax ) New Short Setup Available After Confirmation This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
DAX New Analysis And Long Setup Available To Catch 300 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Germany30 : Possible upside break out to 15800 levelSince the last two months, the Germany index was trading inside the Inner Range 15130-15330 together with the outer range 14800-15550 by making stop hunt higher highs and lows many times . Last days we saw some strong upside push towards the 15670 handle indicating a possible break out of the ascending triangle like formation eyeing for 15820 and 16000 psychological level resistance .
Major Trend : Up
Signal : Long Scalp every dip
Speculative Sentiment Index : 14%
Dax 30 : Likely to continue inside the monthly range 15130-15330Dax managed to stay inside the monthly range, unlike Us indices ,Dax avoided any heavy loss regardless of the situation in middle east as well as the higher inflation numbers from US. Price is likely to continue inside 15130-15330 rectangle with few more Higher highs and Higher Lows ,Speculative Sentiment Index is around 40% and fluctuating rapidly after every spike . Better is to scalp inside the range until we see a major real break out either side.
Trend : Rangebound
Signal : Long Scalp 15130 -14950
Target : 15300-15530
Stop Loss/Sell Stop : Below 14800
Dax Hit All Targets +328 Pips , Moved As I Said Exactly This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
DAX Running In 190 Pips Profits , What Next ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
DAX Running In 60 Pips Profits , It Will Continue ? This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
DAX New Short 2 Setups To Catch 340 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
DAX New Long Setup To Catch 260 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
DE30EUR 2021 Jan 25 Week
OANDA:DE30EUR
DE30EUR 2021 Jan 25 Week
Green/Red = Preferred entry
Look for entry opportunities in lower timeframe
A = Reversal
B = No result from effort
We may see some weakness.
Immediate Resistance = 13928
Immediate Support = 13843.6
Resistance3 = 14138
Resistance2 = 14044
Resistance1 = 13968
Support1 = 13742 - 13761
Support2 = 13675 - 13696
Support3 = 13569 - 13600
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Have a safe and successful trading week
GOLDEN DAX Take Profits 364 pipsGood day, snipers. Our previous analysis played out well and now we banked 364 pips so far. Take profit was clearly hit! Enjoy the free money.
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