GERMANY 30
DE30EUR (German DAX Index) long swing trade setupDE30EUR (German DAX Index) long swing trade setup
Buy: 12043.5
T1: 122135
T2: 12220.9
SL: 11938.8
Dax30 0.618 and 30min shooting star combination short!1st time to post an idea on DAX30 as many friends are so interested in trading this one.
Here we got an 30min shooting star after it finished daily 8ema correction and pulled back to the daily supply,
Also, in terms of 8ema, this trade also got abundant ema correction rooms!
I would like to take the short with a 11898 sell stop
If it makes new high before triggering my stop order, this trade will be cancelled !
Let's see how it goes yo!
Germoney - possible quick longIt has to bounce from the 11800 - 11820 area first. Do not take the trade at the first possible bounce. Wait for the retest. If the price will be pushed below 11800 - no trade. GL.
Dax daily: 28 May 2019 For yesterday we were more supportive of the buyers, but their strength didn’t last long. The sellers were able to correct the growing movement and eventually, Dax moved sideways. We closed at 12 064. The last trading hours were absolutely without volatility.
Important zones
Resistance: 12 142
Support: 12 064, 11 958, 11 922
Statistics for today
Detailed statistics in the Statistical Application
The statistical probability of closing the gap is 39%
Macroeconomic releases
NIL
Today’s session hypothesis
Today began with an ascending gap of 41 points. The last two sessions are systematically rising to higher prices and today’s gap is a continuation of this action. Zones from the past analysis are still valid, so the first resistance that we should be careful about is 12 142 price. Today’s probabilities suggest not to close the gap and rather head higher. If the gap is closed, the price of 12 064 will now be a luxurious support level where new buyers can comfortably step in.
DE30/EUR SHOULD BOUNCEAs you can see DE30 holding strong bullish channel since beginning of the year and every time it bounce from support trendline.
I will wait for confirmation and little bit of bullish price action for entry.
4h rsi showing bullish divergence also daily MA converge around these levels.
Target can be Green boxes on the chart if trend will continue Up and follow previous movement
If we break support trend line, than after long time there will be change in trend .
Dont forget to use stoploss
DE30 EUR BUY OPPORTUNITYTrend is up
Broken strong resistance clearly and pullback for a retest,
This shows strong bullish strength.
Fibonacci Resistance StrongSome technical oscillators are suggesting overbought, but others not so much. The Fibo retracements suggest a strong resistance level. Overall, I want to see the DAX get above these levels if we expect this upward wedge to continue.
DAX bullish formationThe current situations looks like a nice long. Keep in mind that trade talks play a big role in this market, so any bad news can drive the price down really fast.
DE30EUR SELL (GERMANY 30 - EURO)Hi there. Price is forming a continuation pattern to the upside. But first price needs to complete one more move to the downside.
So, watch strong price action at the current price for sell.
Potencial Break&Retest setup (long)price created H&S pattern and broke the trendline. we had a clear break out candle and now i will waite for a retest and enter long
DAX 4H no clear signs but there are on 30 minutesAs you can see there is not much to say right now because of the impulsive wave.. We could have catched the breakout from my last DAX anlyse for 230 points/pips, but I've missed it..
DAX sell zone 11000-11050 (H4 chart)This is my point of view for the DAX now. As i'm a student i don't have alot of time to check the chart. If I am able to watch the chart when it is in the sell zone that is mentioned in the title, I will upload an idea from that point with entry points and take profits. DAX is in a downtrend now, if the trade goes well we can make alot of points out of this trade.
