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De30

ridethepig | DAX favourable to sellers📍 A few more words about the possible creation of a waterfall in global equities. There is a strategically interesting example of the exploitation of ECB and FED. The board is hanging by a thread, here German Equities are remarkably similar to that of someone who is having difficult paying their debts while having to bend the knee and convince the masses to be guarantors. One indication of the weakness at the highs is the isolation of 'C' represented in the retrace. All in all, the price action is clearly congested and gridlocked at the highs, but it will become really weak in the endgame of a cycle. Here buyers came back in after we cleared the initial targets. If they manage to stop the sellers by completely blockading the downside and turning the move into an impulsive nature, then they are only right to claim victory with a break of C which will then unlock '3' in a sequence... you get the point... The choice between bids and offers is generally not a very difficult one to make with vaccine and elections (almost) cleared. Of course the short-term news will shift negative a the hanging stimulus is illusory. So we can actively sell the highs here; quite rightly aiming for support. Thanks as usual for keeping the feedback coming 👍 or 👎
GShort
by ridethepig
7
DOW JONES - US30 Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: DOW JONES is sitting around a strong resistance and round number 3000 so we will be looking for sell setups on lower timeframes. on H1: DOW JONES is forming a channel in red, but it is not valid yet, so we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward. Trigger: Waiting for a momentum candle close below the gray area to sell. NB: Until the sell is activated, this one would be overall bullish. Good luck!
UShort
by TheSignalyst
4
DE30EUR / DAX30 / DAX - Shooting Stars and HammersPlease don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
OANDA:DE30EURShort
by Michael_Harding
DAX Long / Easy day tradeThis is the second time we go long on the DAX today. The first one was a London open 2m clap long that earned us a quick 750eur, pays the bills ;) This one however looks to be a better setup for the NYC session, we have 3 sets of TP listed and we might close out an any given level. RSI is in the lows, the 10m chart has a contraction leading to the 30% level and the 1H chart has plenty of support levels! Nothing more to add... we don't do analysis, we just focus on making money from trading!
OANDA:DE30EURLong
by PrimedGroup
DAX30 Intraday Setup.GER30 - Intraday - We look to Sell a break of 13028 (stop at 13151) We are trading at overbought extremes. We have a Gap open at Monday from 12478 to 12668. A higher correction is expected. Rallies should be capped by yesterday's high. We look for a temporary move lower. Short term MACD has turned negative. With signals for sentiment at overbought extremes, the rally could not be extended. Price action has formed a bearish ending wedge formation. Our profit targets will be 12669 and 12542 Resistance: 13200 / 13300 / 13450 Support: 13090 / 12950 / 12700
DShort
by Signal_Centre1
DAX - V-shape reversalLooking at the German DAX index we could spot a potential V-shape reversal pattern. DAX has reached the target for the bears which was mentioned in our previous analysis at 11545. Since then the market bounced back. It seems that the worse Q4 2020 in the German economy has been discounted by the market and currently the index is trying to evaluate the rebound in the economy in Q1 and Q2 2021. However, from the technical point of view, the key resistance has been tested and the market may retrace back to potential support set be previous low and by the bullish gap. The area 12568 - 12313 looks interesting. There is also a possibility of creating a potential inverted head and shoulders pattern before another upward movement. ________ Daniel Kostecki, Chief Analyst Conotoxia Ltd. Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
XETR:DAX
by Daniel_Kostecki