Swing short DAX squiggly line ideaEuropean stocks have been on a tear lately, while macroeconomic conditions have been slowing down.
DAX is in an over-extended move with very shallow pullbacks, took out the high of the run started last February.
Swing short positions, SL at 15898, multiple targets, mainly around 14900, 14560, and 14100.
If the price stalls / I don't see a strong move down from this area next week or two, I will cut the position.
Daxshort
DAX MeltdownLet's get ready for mayhem in the coming weeks, the DAX topped out last week and we're starting to build to the downside. We're expecting a very sharp move downwards and are already short from the turn, but will be looking to add more shorts upon a minor wave 2 retracement. Exciting times lie ahead and we think there's going to be some great opportunites to make some serious money in the weeks and months ahead. Come trade with us and ride these waves!
DAX Full Analysis From Monthly To 4H TF, Next Move Expectations 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.
the Energy can be the beginning¡Energy could be the beginning of a big problem for the German Industry , without a doubt this will bring consequences. Not in the short term... but in the medium and long term Yes , in addition to the advantage of other markets and their favorable factors , I achieved an effect of exodus for the Big industry of the old continent, of course, this is just a simple scenario only,
_because if Germany takes the reins, it can reverse all the situation.
DAX two possible scenarios.DAX has at the moment two possible scenarios.
If we look fundamentally, inflation might peaked, but recession probabilities around the world are still rising.
So for me the most likely scenario to happen is the bearish one.
Use a solid money management and risk precautions before you enter the market.
DAX: Bull flag breakout, or has the high been seen?The DAX is set to open lower, but there are two potential scenarios to monitor; a bullish breakout from a bull flag – or the swing high has already been seen around trend resistance.
The DAX has rallied from the September low in three waves, which could either be part of a new bullish trend or part of a 3-wave retracement. If we look at price action alone, the rally from 12,000 has been strong and a potential bull-flag is forming. Should we see prices break above 13,000 then we’ll assume the bullish trend is set to continue.
But there are two potential flies in the ointment which could scupper such a break higher. The rally has been seen on declining volumes, which suggests the ‘rally’ is corrective and not impulsive. Furthermore, the bull flag remains stuck beneath trend resistance. And given we recently saw a -bar reversal on the four-hour chart within the supposed bull flag, we are on guard for a break beneath yesterday’s low to assume bearish continuation.
DAX Breakout or Breakdown?The DAX has rallied significantly since the end of September after touching a major support range at 11,550 - 11,850 - the area that price bottomed in November of 2020
It is now pressuring the downtrend extending from the yearly highs and could be poised to break higher
A convincing close above downtrend resistance would provide a great buying opportunity with near-term targets at 13,570 and 13,950
However, if trend resistance holds firm, a continued downside push looks likely, with a great opportunity to sell and chase price back to yearly lows
Jamie Gun2Head Trade - Selling DaxTrade Idea: Selling Dax
Reasoning: Bearish outside day, looking for selloff to be extended
Entry Level: 13682.0
Take Profit Level: 13512.0
Stop Loss: 13724.0
Risk/Reward: 4.05:1
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Daily analysis and trade setups on DAX Ger30 20220722DAX is likely to consolidate today. However, PMI data might change that and make it directional
Blue zones B, C and mega zone Brown B are in play today.
Break below 13100 can drop DAX to 12800 and below
Break above 13300 can take DAX to 13600 and above
Buy
Breaks: 13220, 13270, 13350, 13450
Reversals: 13050, 12960, 12900, 12820, 12700
Sell
Breaks: 13160, 13100, 12990, 12925. 12825
Reversals: 13270, 13380, 13475, 13630
Chart with Green Goblin levels >>>
DAX with a clear bearish trendThe DAX is in a clear bearish trend and there seems little that can support the idea of upside, one bullish thought might be the fact that the EUR is weak and that could help with exports for the German industry, but with inflation being so high globally and supply chains being so disrupted I highly doubt this will help the German industry generate an income since so many of their companies are on the verge of a shutdown...
The image in Germany is not pretty and as it seems we will only continue to face further problems.
Price action is king right? Well if we take a look at this weekly chart all I see is reasons to sell... like... hell!
Constant lower lows since the H&S pattern formed at the ATH, a clear rejection of a reversal at that double top which formed at the end of May and a new weekly low followed right after that rejection.
It seems for now that we are heading towards the 11650 zone for the DAX.
DAX Will Keep Falling! Sell!
Hello,Traders!
DAX is trading in a downtrend
And the index has been stuck in a range
For quite some time, but we are bearish biased
Thus, after the bearish breakout we will be expecting
The index to go further down
Sell!
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DAX (Ger30) likely to fall with other indices!Hey tradomaniacs,
technically we are getting a nice chance to short DAX30 as price has hit a strong resistance-zone inside the trendchannel.
Fundamentals:
Market only pushed up as Jerome said 0,75% hikes are not considerable. Marked enjoyed that as it would have been the only surprise that wasn`t really priced in, but a rumor
or expectation by some banks.
Nonetheless - It doesnt change the tight policy.
Yap.. I expect Dollar to keep pushing as nothing has changed.... ECB stays dovish while FED freaks out and fights inflation.
Not good for the globale stock-market..
What do you think?