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GERMANY 30

DAX - Rounded retest The DAX has broken out of its 5-year long channel, with the last time being early 2018. This time, however, there is substantial support found around the 14150 level. With the ECB speeding up their PEPP in order to quell rising bond yields, the DAX is fundamentally poised to continue moving up. The ZEW Economic Sentiment comes out on Tuesday, which has previously led to a drop in prices over the following days in the past few months. Eurozone inflation data comes out on Wednesday, with YoY jumping from 0.2% to 1.4% from Jan to Feb. These factors may cause a sell-off into our buy zone around 14150. The zone is a 4 touch resistance (there wasn't this kind of support in 2018) as well as the 0.618 level. Given there should be some time and space between the break and retest, orders should be built up there. This makes it a perfect level for a reversal/pullback into a continuation. Entry: 14153 SL: 13953 TP: 14920 Happy trading:) follow for more.
OANDA:DE30EURLong
by pasojov
5
DE30EUR 2021 Feb 22 Week (intraday) OANDA:DE30EUR DE30EUR 2021 Feb 22 Week (intraday) Green/Red zones = preferred entry zone Since price is in a rotation zone between 13825 - 14190, let's see if this is distribution in progress. Daily chart shows last bar closing higher than 2nd last bar, and close is above middle of bar shows some demand there. Scenario1: H1 shows higher lows. Let's see if it will test 14070 or resistance. Scenario2: Market is unable to sustain the H1 uptrend and goes for the immediate support. Trade with care. Like and follow if you find this helpful : ) Have a good week ahead.
OANDA:DE30EUR
by paradox677
DE30EUR 2021 Feb 15 Week OANDA:DE30EUR DE30EUR 2021 Feb 15Week (Intraday) Green/Red zones = preferred entry zone Moving back into a previous supply area Chart shows diminishing supply, however buy side doesn't have much participation either. Will follow channel at the moment to buy after price dip. 13925 acts as the immediate guide if market can maintain its strength. Have a safe and profitable trading week. GONG HEI FATT CHOI & HAPPY CHINESE NEW YEAR to those who are celebrating! Like and follow if you find this helpful : )
OANDA:DE30EUR
by paradox677
2
DE30EUR 2021 Feb 08 Week OANDA:DE30EUR DE30EUR 2021 Feb 08 Week (Intraday) Green/Red zones = preferred entry zone D1 chart showing weakness - shortening of thrust observed - price advancing on decreasing volume H4 chart similarly showing price advancing on diminishing volume Also note the narrow range bars as it approaches the high. if price forces through resistance and show rejection, it will be good opportunity to short. Else just ride the channel Remember to follow or like if you find this useful. Have a safe and profitable trading week ahead.
OANDA:DE30EUR
by paradox677
German Stock Index (All Quiet On the Western Front!)View On German Stock Index (22 Jan 2021) Currently, we are witnessing the strong bullish momentum in German index getting stalled. Now 14K~14.1K region is acting as a resistant for now. If the region holds, we may face some pull back region as there will be more bad data popping up in the near future. 13.7K level will be very first immediate support and 13.6K & 13.3K will be the next support regions. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. alien
OANDA:DE30EURShort
by SonicDeejay
5
DE30EUR 2021 Jan 25 Week OANDA:DE30EUR DE30EUR 2021 Jan 25 Week Green/Red = Preferred entry Look for entry opportunities in lower timeframe A = Reversal B = No result from effort We may see some weakness. Immediate Resistance = 13928 Immediate Support = 13843.6 Resistance3 = 14138 Resistance2 = 14044 Resistance1 = 13968 Support1 = 13742 - 13761 Support2 = 13675 - 13696 Support3 = 13569 - 13600 Remember to Like and Follow if you find this useful. Have a safe and successful trading week
OANDA:DE30EUR
by paradox677
DE30EUR 2021 Jan 11 Week DE30EUR 2021 Jan 11 Week Red/green zones = preferred trade areas. We see a strong rejection at A, notice the bar closing at the bottom third of the bar. The bar after intermediate support at B went up on low volume, likely a mark up bar Some reduction in volume as price makes new high, keep stops tight if on long position / protect profits. Possible levels if price > 14140 14212 14254 Resistant1 = 14101 - 14140 Intermediate support = 13996 - 13420 Support1 = 13900 - 13928 Support2 = 13731 - 13747 Support 3 = 13568 - 13590
OANDA:DE30EUR
by paradox677