DAX 4H SHORTMy view on the current situation. Feel free to comment and correct as this is my first ever idea published ;)
Daxshort
Short @12100 pullback on daily chartWe see a pullback towards an old important support line. Worth to take a short from here.
DAX Wave (3) or C progressing lower ?DAX daily chart view has been brought up again to bring up the larger picture. We have been following this chart since 12500 levels and our initial expectations have been almost met at 11800/900 levels yesterday. Also note that the 3rd of Wave (3) might be into progress, at a lower degree and if this count holds true, we could see prices dropping below 11750 levels at least and towards 11300/10800 levels in the coming sessions. On the other hand, if it is a flat unfolding, then we could see a bottom soon around 11750 levels.
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Short the pullback DAXBased on the 1H chart, I see a great opportunity to hop on this strong downtrend. We probably will meet this level because of the divergence (on the 1H chart) and the support line on the monthly chart. If we fail the short at this level and it hit our stoploss, I will take another short @300 which is also mentioned in the chart. Let's hope the best traders!
DE30 ShortLooking to allocate short on a break of the purple trend-line
- I like the break in EXY so EUR denomination suites the thesis
- Volume Profile is favourable
EXY for reference
DAX - Sell on Corretive SHS Impulse StructureDAX - the German Index made an Sell Initial Impulse (Xi), following by Corretive buy Pressure into SHS Formation. Price expands this Structure
on Friday. For the upcoming Week, it seems to be that this Asset will see more weakness...
DAX at decision levelPrice reaches the Centerline over 80% of time. With this fact alone one has a great measure tool for profit targets, or a good hint where to hide stops.
The white Pitchfork's Centerline was a great indication that price will move in the opposite direction, after it recaptured it and closed above it again.
Now price is dealing with
a) the grey horizontal balance line
b) the orange Centerline
c) the up-sloping yellow Mini-Fork
If price close below the Mini-Forks L-MLH, then a short is in play, with the natural target at the Centerline of the white Fork.
If price climb above the orange Centerline, then the target will be the U-MLH of the white fork.
If you not have any positions in DAX, then relax, lean back and observe how the rules play out.
P!
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DAX Bigger Picture View Head And Shoulders FormationI had a few ideas removed from the site as there were links in the descriptions. I am re-posting those Ideas without the links.
This is a good setup on the DAX 0.38% for those who trade patterns like H&S . The slight downward slope on the neckline is usually a good sign that the pattern will be reliable as a trend change pattern. This will obviously take some time to play out but the target to the downside of this pattern is a nice round number as well.
I will use formations on lower time frames to enter positions on this instrument.
Contact me via direct message for any assistance
Cheers
LInton
DAX XETR long term sort to 105000.00?How I see this Gem. Short-term bullish as the price will likely retest 12250.00 .
Targeting 12500.00 is possible. (lower TF) Waiting for a short will get a bigger slice of the pie. (in my view)
I'm waiting on supporting price action which will be another week away yet. Why does the target seem so far away? This is a bearish long-term projection. A mid-term bullish move would fill the gap at 12500.00 (weekly)
The failure to push much past 12500.00 would give us a reason to look for shorts at those levels to break 12000.00 as we make our way back to 10500.00
See the weekly bearish head and shoulders almost complete. (or zoom way out on the daily TF to see it ) A piercing line candle breaking past 50% of the body of the last candle and the gap above that. We have a bullish reversal pattern in a downtrend.
This bullish move will be short-lived when compared to the likely decline from these levels. Oh, we have beautiful fib numbers everywhere as well.
Let's see what it does.:)
As always, this a just a personal opinion and not a trade recommendation.
Dax: 12,113 and 11,829 on ScreenThe Dax has reached the MoB line after the last analysis and thus the counting method has been adjusted and set to ongoing correction. Current we are as the momentum shows, in the middle of a wave 3 of the c. This should run up to the range 12,113, correct in a short 4 and then tackle the 12,000 points. Important NOTE. The MoB 11,725 points may not be touched.
DAX : Huge downside possible (Elliott Wave)From this current chart which is one of the two counts I have currently (both extremely bearish), it looks like we can see huge down move in DAX.
Wave 2/B which moved up in 3 waves with Wave B (Circled) being a Running Triangle seems to have completed, but even it is still continuing the scenario for DAX (German Index) remains sideways to bearish and hence shorts looks attractive in this market situation.
Stop Loss : Swing High : 13205
Target 1 : 12268
Target 2 : 11859
Dax -Shortterm ShortIn my opinion one low is left with a Target under 12,600 points. Actual level ist 12.718 an i think we can go to area 12,538.
greetz from Hanover
DAX Index: Short TargetI believe a 13570 short target is inevitable with medium risk. Many industrial and tech companies are starting to gain notice in Germany and the overall indication of strength of the startup scene have increased. Even though Merkel's policies are regulatory tax wise, companies have still managed to sustain some growth as well as recouping of positive correlations there. I think the expectancy of a year over year average will likely show healthy strength.
Wait for a higher level to short. '13050 and 130100'Dax has broken its legendary support zone a few days back and now it is retracing upwards.
I would wait for the price to a little higher and go short around 13050.
levels to watch 13050. 13100.
DAX daily Supply - Daily Reversal pattern: Engulfing candle!All Trade Parameters shown on the chart. Short setup in daily Supply. Level on top of level scenario. I personally would combine both since we have a high Risk:Reward ratio on that trade anyways. But you can also play only the higher one to have an even bigger Profit Margin. Daily Reversal Pattern with an Engulfing candle. Looks like we reached the High of the Year.
DAX (Germany 30) Possible ReversalThey say never go against the trend, but it looks like a very strong resistance to break and maybe a chance to take some fresh aid before further raises.
$DAX In any normal market this would be a clear short.But with the way things are going, who can tell.
DAX ShortSeems like DAX won't be able to break through this resistance level. Maybe time for a short. Waiting for a 4 Hour close
