GERMANY 30
DAX GER30 The "Main Trend Is Always Up" Game is coming to an endDAX / GER30 : The "Main Trend Is Always Up" Game is coming to an end...
Even though it may seem that DAX futures could recover somewhat from the losses of the today's core trading session, it is important to keep in mind how the 3 and 4 hour trends are developing in the meantime.
Have you been following the German and European news in the last few days?
They say that according to the "efficient market theory" everything is already priced in, but I think you shouldn't switch off and do use your own mind.
Take care!
ReallyMe
DE30 Intraday Setup.GER30 - Intraday - We look to Buy at 13027 (stop at 12946)
The RSI is trending higher.
Trend line support is located at 13030.
We look for gains to be extended today.
20-hour EMA is at 13050.
A lower correction was expected.
Our profit targets will be 13264 and 13318
Resistance: 13160 / 13220 / 13300
Support: 13130 / 13070 / 13000
Signal Centre
Dax in the resistance zone!Dax had a very powerfull day and find it self again at the resistence zone
Sell for a short down the train
German DAX 30: Which three humps will it be?German DAX 30: Which three humps will it be?
If you look at the past months, you can always see the three upward humps on the 3h chart of the DAX (look for the blue MA48 line on the chart): 1-3-5, 1-3-5, ...
Well, I wonder which three humps will be in the next few weeks?
Dax path and direction Hello everyone
Dax has broken the uptrend channel in SEP
and now price found support on the blue trend line support
and went back to retest the uptrend broken channel
we could chop in this area
However any daily close below blue trend line we are heading below
Watch the Demand zone below strong zone
for any question feel free to ask :)
DAX 30 Index Buy Setup 💡 DAX 30 Index bulls for the most part have been very resilient through September's massive global index pullback. With the creation of this wedge, we gotta anticipate a buy on the breakout!
DE30EUR, Ride the trend!We have no reason to talk about sales now.
The global trend is bullish Highs and Lows are higher every time.
I see the opportunity to buy above the Key level if the price will approach to it fast.
The false breakout is the best pattern to open the position.
Dear followers, the best "Thank you" will be your likes and comments!
Before to trade my ideas make your own analysis.
Thanks for your support!
ridethepig | DAX Q2 Macro Chart Buyers of a V shaped recovery constitute a formidable opponent; the purpose of the bounce was not to recover but only to re-balance and rightly so. Of course, retail have another account and while the 11700 highs are holding continue to load thinking everything is roses and business as usual... You see, a sound position has at least 5 waves in the impulse and a double ABC in the retrace.
In such circumstances, the short-circuit and its remaining furloughed businesses hardly make a very bullish impression. A bit of a hat trick for @ridethepig after such a battle! .. In any case, if sellers claim back the highs and obstruct any breach the end scenario looks rather miserable. Sadly we will have another leg lower in Global Equities, this will turn out to be the sweep that caused depression and forces capitulation from even the most experienced of hands.
In spite of the advanced environment, this chart will demonstrate how and where an advance on the wrong side should and will be punished.
Long-term view of the Germany 30 DAX compared to the US S&P 500Long-term development of the Germany 30 DAX compared to the US S&P 500 (in EUR).
DAX trade planDAX is at an interesting level. Now price moves along the uptrend line, tried to break it but could not close below. Stuck between 50 and 200 SMA's showing consolidation.
1st trade is to wait for the break of 50SMA and the high of 13129 to buy and target higher levels.
2st trade is to wait for the break and close below the support zone and 200SMA to sell.
The selling strategy is higher risk, so we need some serious news in the market to improve our chances.
Please support the idea and share your thoughts on DAX!
Good Luck and Stay Healthy!
DAX30 Buy Limit SetupDAX30, remember there is news today. Still one more area for major liquidity before the take off.
Buy Limit @ 12874, Stop Loss @ 12700
Targets would be two for the most part, second one likely a swing
Targets 13250 and 13500
Short opportunity for DAXAfter the whole cycle of waves has been completed, it seems that wave 5 is now over. This will result in a short opportunity for Dax
DAX updatePrice retesting broken channel. With a bullish move higher, expecting price to go up to next target levels. So far, fundamental are looking bullish too.
In the contrarian side, if negative news strike, then we can see another bounce off the trend line and look for potential reverse patterns on 30 min charts.
Please support the idea and share your thoughts on DAX!
Good Luck and Stay Healthy!
GER30 ThoughtsForgot to publish this after the video.
I believe the corrective structure (ABC) is complete and now we can start to look for sell setups.
Edge with the DAX & Trading mindset videoA video showing our settings on trading the Dax and how powerful a high RR can be in overall net profit.
I also touch on sticking to your plan and accepting that any strategy has a losing run from time to time!
What would you do after the 4th trade? Let me know.
Regards
Darren
DAX(DE30) it gives us good opportunity I expect the bullish trend to start for Dax, but as I drew by using fibonacci circles, we are in the downtrend right now, and the bottom of this channel will support the area I show with the green box, our target will be 13297 when the resistance zone that I marked with the red box is broken.
Please support by liking and do your own ideas as a comment
Bullish View on DAX by ThinkingAntsOkMain items we can see on the chart:
a) The price is inside an ascending channel
b) We can see a vast symmetrical triangle broken
c) Currently, we have a corrective structure above the triangle pattern (yellow lines)
d) If the structure is broken with a bullish movement, we expect a continuation of it towards the next Resistance Zone
