DAX sideways on its ATH. Potential pull-back.Two weeks ago, the consolidation on the 1D MA50 (blue trend-line), gave a clear buy extension signal on DAX:
The 16000 Target has been hit and the index is consolidating around its 16030 former Resistance and ATH for 5 straight 1D candles. This is a sign of technical exhaustion of the dominant trend which is bullish, so if the Channel Up breaks its Higher Lows trend-line, I expect a full pull-back towards the 1D MA50. As long as it doesn't though, the bullish trend remains intact.
In either case, the target is the 1.382 Fibonacci extension (roughly within 16450 - 16500), which is still below the Higher Highs trend-line that has been keeping DAX below since April 16.
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DE40
DAX on beginning of new week - based on Options Flow (Gamma)Going to the right, DAX tests investors' nerves and endurance. What can the beginning of a new week bring to us? Overall, we are high in the context (which does not in any way negate further increases for the sake of clarity!). Below the current price level, we have several Virgin VPOC levels, which even extend to the region of 15,200. But the only thing is that EVERY time the index will return there. Not necessarily now;)
In the context of Intraday trading, breaking the Gamma +0.25 level determined automatically based on the Options market - gives the opportunity to play a Long with a target of up to Gamma +0.5. We play it carefully because of Dax's trailblazing in such high places. The exit to Gamma +0.5, because as you already know from previous analyzes, this is a very strong Intraday resistance level. Similar to playing Short as a mirror image of the described move - after Gamma -0.25 goes down, there is an opportunity for Short. Target is Gamma -0.5 (again - strong Intraday support level), but this time we are watching whether there will be a price reaction and a rebound - another opportunity for Long as the Gamma -0.5 level is in the volume zone determined automatically by VSA Scanner. According to the Gamma strategy - a bounce from Gamma -0.5 most often ends statistically at the Pivot level.
Another trading opportunity is a price breakdown at the level determined automatically - Extreme Low of Day (determined from the Options and Volatility market) with the target at the extreme Gamma -1. Here, we also expect a price reaction and a position reversal in Long, where the presence of the volume zone (determined by the VSA Scanner) is an additional strengthening of the signal strength.
The Options Market helps forecast movements that are yet to come in derivatives (including Futures Contracts). Therefore, it is a powerful weapon in the Trader's arsenal and is available to everyone;)
DE40 Sell the daily pivots.GER40 - Intraday - We look to Sell at 15998 (stop at 16066)
We are trading at overbought extremes.
Daily pivot is at 16031.
Daily pivot is at 16005.
Resistance is located at 16000 and should cap gains to this area.
We look for a temporary move higher.
Price action continues to trade around the all-time highs.
Our profit targets will be 15811 and 15761
Resistance: 15950 / 16000 / 16030
Support: 15900 / 15850 / 15800
on FED news dax break upper trend line if you remember 10 days ago in low ,we predict 16300 then 16800 then 17000
for this pro advisor adviced dont pick sell signals on dax,dow,nasdaq ,sp500 ,looking for buy in deep
www.marketwatch.com
let see daily candels (pinbar)daily and 1hour pinbar on dax (dax future not xetra dax) is very very important
prnt.sc
DE40 [Dax] Bullish Structure Plan
Weeks ago , Dax has been crashed due to Technical short signal and Fundamental Short signal .
After that, We have noticed that DAX has been break down trend - Trend line in H4 and Market Structure has been change to Up Trend.
This made me looking for long signal and now here we go!
I've been jump in trade for 2 position
1st position at 15587.17
2nd position at 15553.69
I decided to jump in by using this signal
- Bullish Divergence at H4
- Fibonacci Retracement 50.0 , 61.8
- Bullish Flag Structure
- Reject from EMA 200 H4
and I Aimed to Take profit at 15815 which have strong supply and extension 1.141 let's see if we can do it !
dax in weekly chart going to fibo 161% around 17000 germany company earnings coming exclent
predict=
in winter 2022 we will see dax around 17000 and in end of 2022, dax will see 20.000 then in 2023 can reach 24000
end of year rally start and in next 40 day dow,dax,nasdaq,sp500 must fly up (end of year rally avragly is +25% move)
enjoy bull market like 2009 to 2020 (buy in deep,hold to new high)
DE40 Sell a break.GER40 - Intraday - We look to Sell a break of 15389 (stop at 15454)
Daily signals are mildly bearish.
We are trading at overbought extremes.
Trend line support is located at 15460.
The previous swing low is located at 15390.
50 4hour EMA is at 15420.
20 1day EMA is at 15400.
A break of yesterdays low would confirm bearish momentum.
Our profit targets will be 15201 and 15181
Resistance: 15550 / 15600 / 15650
Support: 15500 / 15450 / 15400
DE40 Sell a break.GER40 - Intraday - We look to Sell a break of 15398 (stop at 15461)
Trend line resistance is located at 15530.
Offers ample risk/reward to sell at the market.
Daily signals are bearish.
Bearish divergence is expected to cap gains.
A higher correction is expected.
Our profit targets will be 15224 and 15204
Resistance: 15530 / 15600 / 15650
Support: 15500 / 15400 / 15300
DAX índice forecast Dax as reached the top of the downtrend channel.
Sell at the top for a new lower low
Trade on chart
Cheers
DAX Broke above the 4H MA50. Buy Signal.Pattern: Channel Up on 4H.
Signal: Buy as the price broke above the 4H MA50.
Target: 15500 (just below the 4H MA200).
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Dax short IdeaHas reached an area of interest in 1hr 4hr and daily giving a good possibility for shorting it for the rest of this week.
DE40 Buy a break setup.GER40 - Intraday - We look to Buy a break of 15471 (stop at 15414)
Expect trading to remain mixed and volatile.
There is no clear indication that the upward move is coming to an end.
The trend of lower highs is located at 15650.
We look for a temporary move higher.
Our profit targets will be 15638 and 15658
Resistance: 15450 / 15500 / 15550
Support: 15400 / 15350 / 15300
DE40 Sell a break.GER40 - Intraday - We look to Sell a break of 14998 (stop at 15059)
Daily signals are mildly bearish.
Our short term bias remains negative.
Pivot support is at 15015.
Trading close to the psychological 15000 level.
A break of bespoke support at 15000, and the move lower is already underway.
We look for losses to be extended today.
Our profit targets will be 14821 and 14801
Resistance: 15200 / 15250 / 15300
Support: 15150 / 15100 / 15000
DE40 Sell a break.GER40 - Intraday - We look to Sell a break of 14977 (stop at 15036)
Daily signals are mildly bearish.
Our short term bias remains negative.
Pivot support is at 14979.
Trading close to the psychological 15000 level.
A break of bespoke support at 15000, and the move lower is already underway.
Trades with a bearish descending triangle formation.
Our profit targets will be 14811 and 14791
Resistance: 15100 / 15150 / 15200
Support: 14980 / 14900 / 14800
DAX hit the 1D MA200, first time since the US elections!DAX hit today the 1D MA200 (orange trend-line) for the first time since November 04 2020, which was the period of the U.S. elections. That was at the start of a very aggressive end-of-the-year rally.
Right now the index is rebounding after having made a Double Bottom just below the 15040 Support. If we also consider the July 19 Low, then this can be treated as a Triple Bottom. It is possible to see a similar pattern as May - June 2021, which also rebounded after a Double Bottom, that time on the 1D MA50 (blue trend-line, which is the first Resistance) instead of the MA200. The RSIs of the two fractals are on Inverse Head and Shoulders.
The medium-term target is naturally the Resistance (16000), while on the long-term a price range within 16250 - 16400 as every previous Higher High since June has been near the 1.382 Fibonacci extension .
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DAX ENTERD THE RANGEDax entered the range i expect short term hitting up the uspide channel
stop loss below the lower channel
GER40 Buy a break setup.GER40 - Intraday - We look to Buy a break of 15702 (stop at 15657)
A break of yesterdays high would confirm bullish momentum.
A break of bespoke resistance at 15700, and the move higher is already underway.
Expect trading to remain mixed and volatile.
Our short term bias remains positive.
Our profit targets will be 15827 and 15847
Resistance: 15650 / 15700 / 15750
Support: 15600 / 15550 / 15500
DAX LONG TERMIn general, the downward trend is continuing in analysis. We have to follow important areas of support and resistance zones. If the trend isn't broken, the sale will continue in chart.
DE40 Buy a break setup.GER40 - Intraday - We look to Buy a break of 15602 (stop at 15557)
Bespoke resistance is located at 15600.
A break of yesterdays high would confirm bullish momentum.
There is no indication that the rally is coming to an end.
Prices have reacted from 15015.
Our profit targets will be 15729 and 15749
Resistance: 15600 / 15650 / 15700
Support: 15550 / 15500 / 15450
DAX Buy SignalDAX is rebounding after approaching two key pressure levels: the 1D MA200 (orange trend-line) and the 15040 Support (1). Last time the price rebounded on the level, it topped at 16,030 (current Resistance) after consolidated within a mini Bull Flag around the 1D MA50 (blue trend-line). The Flag signal is the MACD Bullish Cross so keep an eye.
The medium-term target is naturally the Resistance, while on the long-term a price range within 16250 - 16400 as every previous Higher High since June has been near the 1.382 Fibonacci extension.
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