DAX: All Eyes On Me! 👀👀👀The DAX is still indecisive whether to take the alternative route with a probability of 43% and push through the resistance at 15806 points or to take the long road around the mark at 15279 points. We primarily expect that the latter is the case and that the course will make a huge turnaround at the 15279 point mark. After that, the stage is set for a lasting bullish run.
Opportunities ahead!
Daxsignals
DAX Fractal from 2017 hints to one last HighThis is a fractal comparison for DAX on the 1W time-frame. As shown on the chart, the Channel Up since the October 2020 low has many similarities with the Channel Up since the June 2016 low. They both started after a recovery of the price below the 1W MA50 (blue trend-line) and continued posting Higher Highs for as long as the 1W MA50 was supporting. In 2017 the final peak came in October (one marginal break and rejection in Jan 2018) and then the index corrected back below the 1W MA50, even the 1W MA200 (orange trend-line).
Based on the Fib extensions, the 3.0 level should hold (even with a marginal break below) it and push the index for that last High on the 5.0 level at 16700. Even their RSI sequences seem fairly symmetrical.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> sikret
--------------------------------------------------------------------------------------------------------
DAX Bullish fractalPattern: Channel Up on 1D.
Signal: Buy as long as the 1D MA50 holds or if the Channel Up breaks upwards. The pattern resembles the Nov 2020 - March 2021 Channel.
Target: 16500 (the 2.0 Fibonacci extension).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> CryptoCreatin
--------------------------------------------------------------------------------------------------------
DAX Ready for a strong reboundPattern: Channel Up on 4H.
Signal: Buy as the price is re-testing the 4H MA200 (orange trend-line) on a potential Double Bottom similar to late February.
Target: 16300 (just below the 2.0 Fibonacci extension level).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> StockSwinger
--------------------------------------------------------------------------------------------------------
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 Buy SignalPattern: Channel Up on 1D.
Signal: Buy as the price entered the 1D MA50 (blue trend-line) - 4H MA300 (yellow trend-line) Buy Zone. This has initiated a rebound twice within the Channel Up. Also the RSI is on its 4 month Support Zone and the MACD close to it.
Target: 15500 (Resistance) and 16200 (Higher High) in extension.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala
--------------------------------------------------------------------------------------------------------
DAX High alertPattern: Channel Up on 1D.
Signal: Sell as the MACD is flatlined and could repeat the September 2020 sequence.
Target: The 1D MA50.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Jpolitis
--------------------------------------------------------------------------------------------------------
DAX Channel Up or Inverted Head and Shoulders?Pattern: Channel Up on 4H.
Signal: Buy but only if the price breaks above the middle of the Channel again. Otherwise the pattern may turn into an Inverted Head and Shoulders.
Target: 13600 (Higher High trend-line of the Channel Up).
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> superkitty
--------------------------------------------------------------------------------------------------------
DAX Buy SignalPattern: Channel Up on 4H.
Signal: Buy once the price approaches the 4H MA50, which has been supporting since November 19.
Target: 13500 (+1.75 projected rise from the 4H MA50 contact).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView
--------------------------------------------------------------------------------------------------------
DAX Buy SignalPattern: Lower Highs bullish break-out.
Signal: Buy as the RSI broke above its 3 month Lower Highs trend-line and the MACD is on a Bullish Cross much below the mean.
Target: 13850 (within the ATH and 1.236 Fib extension line).
Most recent DAX signal:
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingSafely
--------------------------------------------------------------------------------------------------------
DAX targeting 13000 if the 1D MA200 breaks (3 year pattern)This is an interesting 3 year pattern for DAX. Since 2018, every time the 1D MA200 breaks as a Resistance (index closes one 1D candle above it), DAX rallies to at least the 0.786 Fibonacci retracement level of the previous Top.
Right now we are testing the 1D MA200 and the 0.786 is at 13000. Will history repeat?
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> didogetsov
--------------------------------------------------------------------------------------------------------
DAX Double Bottom and perfect symmetryHow symmetrical is this short/medium-term structure on DAX? Well if that pattern is completed in the same fashion it started, we are looking at a temporary pull-back (orange ellipse), then test of the Lower High trend-line, pull-back and finally a break-out. Too obvious to be true? Could be. In the meantime the 4H MACD is making a Bullish Cross. All valid of course as long as the Double Bottom holds.
Are you going to buy those pull-backs?
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView
--------------------------------------------------------------------------------------------------------
DAX Buy signal on Fibs demand zonePattern: Channel Up on 1D.
Signal: Buy as the price hit the Demand Zone made of the 0.382 - 0.236 Fibonacci levels (worked successfully on the 3 last occasions).
Target: 13500 (regressive rate on the 1.082 Fib extension).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> AxelShadah
--------------------------------------------------------------------------------------------------------
DAX - Monthly; Massive SHORT, long term.Although accounting for a ~+2% currency advantage over US indexes and for an annual +5%-6% equity (stocks) advantage over US stocks, in general,
all that means is that the DAX will sink somewhat slower/less than it's US counterparts. E.g. one should sell this - SHORT -, freely here, as well.
DAX Buy SignalPattern: Channel Up.
Signal: Buy as the price is forming a Bullish Flag , which has been a bullish break-out signal in the past 2 occurrences within the Channel.
Target: 13150 (short-term) and 13500 (long-term which is the -0.5 Fib extension).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Haluk1969
--------------------------------------------------------------------------------------------------------
DAX Buy SignalPattern: Channel Up on 4H.
Signal: Buy as the RSI hit and rebounded on the 39.50 Support level, which has always delivered a bounce.
Target: 13400 (Below the Higher Low trend-line).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Shout-out to TradingShot's top TradingView Coin donor this week ==> CITIZENCAINE
DAX Consolidation and possible top formationJust an observation on DAX. The index is consolidating within the 10150 Support and 11335 Resistance with the 1D RSI ranged too around roughly 53.00. Last time it was trading within those RSI levels was from December 2019 to February 2020. The sharp sell-off took place then. It appears that investors are once again unsure on how to move forward with the index and it may be a possible top formation where the market takes the March/ April profits heavily.
Just a thought. What do you think?
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Previous DAX trade:
DAX Trading PlanPattern: Channel Up since late March.
Signal: Bullish (A) as long as the Channel Up holds (right now marginally holding), Bearish (B) if it breaks.
Target: (A) 11200 (right below the Resistance) and (B) 10200 (right above the Support) or the Higher Low trend-lines if you seek quicker profit.
DAX Sell SignalPattern: Channel Up on 1W.
Signal: Bearish as the price is below the MA50 and MA200 on the 4H chart, with a potential to form a Death Cross. Last time that happened DAX made a Higher Low on the Channel Up.
Target: 12500 (top of the Higher Low support zone).
* Latest successful Sell Signal on DAX: