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Fdax

DAX: Still in an Ascending Triangle. Opportunities both ways.DAX couldn't have given us a better trade yesterday as following the lower than expected U.S. CPI (which is a big plus in the ongoing battle to control inflation), the price broke above the 4H MA50 (14,376.70) and came close to the 14,710 (June 6th 2022 High) Resistance, getting rejected at 14,670, which is a Higher High since November 14th. The price is now back down to the 4H MA50 and it remains to be seen if it acts as a Support. With 4H neutral again (RSI = 52.784, MACD = 16.600, ADX = 23.724) but especially ahead of today's critical Fed Rate Decision, the price can swing both ways and even more so violently. The 4H MA200 is at 14,103.20 now, and will be my buy entry but if we close the day below 14,100 I will book the loss and instead sell, targeting the 1D MA50 (13,646.70 and rising rapidly), which is the ultimate Support during long-term uptrends. If however the price breaks above 14,710 first, I will take the break-out buy and target the 14,940 (March 29 2022 High) Resistance. Previous DAX chart:
CAPITALCOM:DE40
by InvestingScope
DAX 's incredible 8 straight green week rally may come to an endThe German Index (DAX) hit last week its 1W MA100 (green trend-line) and early this week, the 1W candle is pulling-back in red. If it closes this way, it will be the first week of loss (red) since late September, running an amazing streak of 8 straight green ones. With the 1W RSI almost reaching 65.000 for the first time since November 15 2021 (a whole year ago), a potential 1W MA100 rejection can draw comparisons with the post U.S. - China trade war recovery early in 2019. As shown on this chart, DAX pulled-back on the 2nd week after breaking above its 1W MA100 and the pull-back broke marginally below the 1W MA50 (blue trend-line). A megaphone pattern of Higher Highs and Lower Lows took the price just below the 1W MA200 (orange trend-line) before recovering and post a strong rally that broke slightly above its Resistance Zone from the previous All Time Highs. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
EUREX:FDAX1!
by TradingShot
DAX Big MA200 hit but needs +14000 to avoid new selloffBig bullish news for DAX yesterday as it hit the 1D MA200 for the first time since February 2nd. Even though it has also broken above the Lower High Resistance of the Bear Market since October 27th, there is one pattern remaining which if repeated, can cause a new selloff. That is the April Cup pattern which after it failed to break its Resistance, it caused a massive selloff. The level for DAX to beat in order to cancel this is 14000, which just so happens to be near the 0.5 Fibonacci retracement level. Otherwise we can visit the September low again where the 1W MA500 will be waiting. The weekly RSI can offer a fair estimate of what could happen next, bullish above its Higher Highs Resistance and bearish below it. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ## ## Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. ##
XETR:DAX
by InvestingScope
DAX Crucial 1D MA200 test! Sell with low risk but BUY if broken!The German stock index (DAX) has been trading within a Channel Up (Higher Highs/ Higher Lows) since the September 29 bottom. Following the contact with the 4H MA50 (blue trend-line) on Wednesday's Fed Rate Announcement, the price has been rebounding strongly, aiming at the 1D MA200 (red trend-line). Having already broken above the January 05 Lower Highs trend-line last week, that would be the most crucial test for the long-term trend as the 1D MA200 has been unbroken since February 02, practically throughout the whole Bear Cycle of 2022. If broken, expect a Higher High on the Channel Up that would test the 13980 August 16 High (Resistance 1) where a 1W closing above it can target further upwards the 14710 June 06 High (Resistance 2). Until the 1D MA200 break-out happens though, DAX's Channel Up draws heavy comparisons with the July 14 - August 16 Channel Up, which eventually topped and started a new heavy sell sequence that made the current market Low. As you see the top was formed after a 4H MA100/200 Bearish Cross (4H MA100 green trend-line crossing below the 4H MA200 orange trend-line), which is the pattern that DAX just formed today. On top of that, the 4H RSI sequences of the two Channel Up patterns are very similar following an (a)-(b)-(c)-(d) pattern. That means that until the price breaks and closes above the 1D MA200, being that close to it, we can take a low risk/ high reward sell and target the 4H MA200 (orange trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
EUREX:FDAX1!
by TradingShot
DAX Short-term bullish but heavy Resistance Zone ahead of ECB.The German stock index (DAX) has been trading within a Rising Wedge (dashed lines) since the October 02 bottom that is about to break. The 4H Golden Cross (4H MA50 (blue trend-line) crossing above the 4H MA200 (orange trend-line)) is a short-term bullish signal as the three times we had this pattern formed in 2022, the price rose more ranging from the 1.236 Fibonacci extension to the 1.5. Moreover, the 1D RSI broke above its Lower Highs trend-line, adding more buying pressure. The 1.236 Fib is located exactly on the January 05 Lower Highs trend-line, which is basically the Resistance dictating the 2022 Bear Market, while the 1.5 is just below the 1D MA200 (green trend-line). That trend-line has been unbroken since February 02, so we are willing to buy (on the long-term) again only if the price breaks above it and target the previous Lower Highs. Until then, selling the Fib extensions on tight SLs is our approach, targeting the 4H MA200. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:DE40
by TradingShot
DAX Hit the 4H MA200 for the first time in +1 month.DAX (FDAX1!) hit today the 4H MA200 (orange trend-line) for the first time since September 14. This is still technically a short-term bullish reaction (Channel Up) within two longer term bearish structures (Bearish Megaphone with the dashed lines and Falling Wedge o a broader frame). With the 4H RSI approaching its Resistance Zone, it is not unlikely to see a rejection by tomorrow back to the 4H MA50 (blue trend-line). We have accurately laid out this information on our previous DAX analysis 10 days ago: Basically as it happened from July 19 to August 12, we may see continuous pull-backs on that Zone as the price breaks the Bearish Megaphone to test the top of the Falling Wedge. On the long-term only a closing above the 1D MA200 (red trend-line), which is untested since February 02, can be enough to change the trend from bearish to bullish. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
EUREX:FDAX1!Long
by TradingShot
3
DAX Broke the 4H MA50. Bearish extension.The German stock index (DAX) broke below its 4H MA50 (blue trend-line) on Friday after failed to break and being rejected on the 4H MA100 (green trend-line) earlier this week. This keeps the price inside both the short-term Bearish Megaphone pattern and the longer term Falling Wedge pattern. That break is a major sell break-out signal and targets directly the 11875 Support. Below that we can only take an extension if DAX makes a closing below the bottom (Lower Lows trend-line) of the Falling Wedge. Otherwise as the price approaches the 11875 Support, it becomes a buy opportunity towards the 4H MA200 (orange trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
EUREX:FDAX1!Short
by TradingShot
2