GER40. 18500, which is our level of interest(Quarterly VWAP + 0.786 fib drawn from all time high) has been quite important level this year. GER40 has been bullish for 11 days straight. This indicates an overextended market, with the possibility of a Weekly Head& Shoulders pattern forming around 18500. This is a 10-20% move that should happen in a couple of weeks,...
Pair : DAX Index Description : Symmetrical Triangle as an corrective pattern in Long Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Bearish Channel as an Corrective Pattern in Short Time Frame
Sharing DAX updated from TTR DAX had a perfect reversal candle, but still needs to confirm below 16855 We got a monthly inside candle close today. Weekly has more room to the upside, but a double we have a potential double top formation here We have a clear negative divergence on the daily level!
Index 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...
Yes, 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...
Dax has been trading higher since October 2022 but five waves up from that low suggested that bulls are done for now and that correction is in play. In fact, we have seen a nice reversal down recently, through the trendline support on the 4h chart so the corrective phase is here, but with three waves down from the top, we may start observing some of the support...
As you can see from my track record, I am never wrong. The DAX will sell off to 14100. I have taken my trade at the very top. Let us watch this unfold. Cheers
Dax will raise zig zag sideway to upside but for short for getting bullish, dax need to find strong support.
Bears in Twitter start to ask themselves whether they were all wrong or they were too early to bet against the market after the Fed was hawkish-but-not-too-hawkish in yesterday's meeting. DAX is a heavily automotive, banks and other cyclic assets weighted European index. Europe has performed better than America, but if ECB decides to implement an even more hawkish...
aar or paar for bulls in germany bulls near to break resisting trendline next week would be deciding
Here is my view for DAX on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for DAX on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Lovely buy opportunity on the DAX! make yourselves some good money buying 14500 call options with April 25 for expiry 14500 is the target Like and subscribe. Cheers!
Here is my view for DAX on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Folks, See here a 1 hour chart strategy for a possible MEASURED MOVE.. Always do your own research but buying support and sell resistance is a strategy that can work out very well.. Feel free to comment..
Let's see what is going to happen. We are at the crossroad right now.
DAX | DAX Index Forecast Based on the Order Blocks Trading Strategy
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