Expecting a bear rally from today (@ 13330 level) and later to print a lower target @ 13655 Green arrow ---> expected bear rally Red arrow ---> crash to minimum 13655 level INDEX:DEU40 XETR:DAX VANTAGE:DAX40
OANDA:DE30EUR .GOOD EVENING TRADERS! Havent been too active lately but heres my bias for GERMAN 30. Comments on this trade will be much appreciated.
dax in last week go up and touch fibo 161% (see green fibo on chart ) now it can go down to 15200 area , we have important trendlines and fibo 61% there advice = sellstop in 4hour chart last low and SL on last high + buy limit in 15200 area if you have old sells, dont fear be patient 20-30 day ,,,near 15200 hedge your sells and never never close hedge...
for buy wait for 14270 area and buy on gap and hold it 3-4 day if you have old sell, you must close all or hedge them in gap upper target is 14555 then 14800 keep monitor AC indicator on 4hourchart, it is full green now ,if high not break it has sell signal strongly advice 90% looking for buy in deep above 14000 good luck
near arrow we can pick posation after pinbar comes keep monitor AC indicator on 4hour chart goodluck
According this analysis i see the assets increasing in value and head to the liquidity pool that lays above
dax upper target is 14800 (fibo 61% daily) strongly advice dont pick reverse sell dax easily can back to high 16000, ,instead looking for buy in deep (after pinbar comes on high time chart, pick buy) we can pick sell in 14500(gap cash phisical xetra dax DEU40 ) and EMA200 daily and 14800 (SL=40 point trailstop=40 tp=120) if you have old sell , close...
trailstop=80 despite dax little down move , it can fly up again , our old target is 17200 for dax technicaly dax must fill big gap in 15600 (cash dax gap) but + trend pressure is very high , so reach 15600 need big bad news if you have old sell , hedge it near EMA200 1 hour (green line) if you have open buy , put SL on today low and wait 5-6 day to...
dont fear put buystop on 15620 (above EMA200 1hour) , soon or late dax must fill gap in 16100 , fibo 161% show dax can go up to 17000 area strongly advice= dont sell , 99% looking for buy in deep with sl in last low (on 1 hour chart) if you have old sell, 100% close sells in monday low or hedge your sells if you have old buys,, be patient until gap on cash...
today AC 4hour was red , dax little can go down but its target is gap on 16100 advice=above EMA200 daily looking for buy in deep, dont pick sell , dax can fly up to 17200(end year rally ) if you have buy ,put SL or hedge sellstop in 15180 if you have sell , close it near 15500 and pick buy ,hold 15 day
on daily chart ,fibo 161% show dax upper target is around 17200 if you have sell , close all now or put hedge buystop on today high if you have buy , be patient 10-15 day still we advice looking for buy in deep and hold it to new high end of year + rally start now
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)
in green arrow we must put buylimit ,after open ,hold them 7-8 day to min 15800 area
for inter buy , we need break trend in 15 or 60 min chart AC 4hour is green too EMA200 1hour and gap on cash xetra dax is target of dax (if big bad news not come)
you can hold these buys to fibo 161% too (can take 15 day ALERT=if you have sells , close all near 15077 , each second dax can fly to 16300 (fibo 161%) dont pick sell signals, main trend on daily chart is very + note=our target for close buys is fibo 161%=16300 area , be careful it can goes to 17000 too (dax40 is under fair value ) note=AC 4hour...
best trade for now is buy near yesterday close and buystop on today high (above gap) cash xetra dax note= we calculate dax next high (our target) 16200-16300 be careful from sell
ZOOM on above chart dax now touch powerful support on daily chart(must be low for next 30 day) , we dont belive sell on dax , soon or late it must fly up to fill 2 open gap on cash dax advice = when dax break ema200 daily (big orange line) looking for buy in deep with sl in low ,dont pick sell signals alert= dax in 2-3 day can move up 1000 point ,see ...
cash phisical dax chart we dont advice pick sell signals on dax(and dow,gold) ,looking for buy ,hold to 16000