Fdaxsignals
#DAX - I'll be #BULLISH #DAX30 #fdax1! #tradingviewBreakout is confirmed in my opinion and now I'm long.
First target 13,800.
First goal is to get SL @entrypoint and then let the trade run.
Greeting from Hannover
Stefan Bode
#dax - 12.850 and then? #dax30 #fdax1! #grxeur #tradingviewThe range 12,850-12,860 should be magnetically attractive.
Is this where the trend reversal and thus the end of wave 2 takes place, or has the air gone out of the market and market participants are securing their profits before the US election (in 2 months) and are switching to cash, gold, commodities or ...?
Greetings from Hannover
Stefan Bode
Trading plan for DAX FUTURES - Short Strategy – FDAX1The market goes back down but two major resistance could limit the fall.
And don ‘t forget to take your profits…
DAX Trading PlanPattern: Channel Up since late March.
Signal: Bullish (A) as long as the Channel Up holds (right now marginally holding), Bearish (B) if it breaks.
Target: (A) 11200 (right below the Resistance) and (B) 10200 (right above the Support) or the Higher Low trend-lines if you seek quicker profit.
DAX Sell SignalPattern: Channel Up on 1W.
Signal: Bearish as the price is below the MA50 and MA200 on the 4H chart, with a potential to form a Death Cross. Last time that happened DAX made a Higher Low on the Channel Up.
Target: 12500 (top of the Higher Low support zone).
* Latest successful Sell Signal on DAX:
DAX Buy SignalPattern: Channel Up on 1H.
Signal: Bullish as the price made a Higher low.
Target: 12990 (Resistance) and 13100 (extension for risk seekers).
Dax daily: 20 Jun 2019By looking at the past two sessions, it is very clear that the waiting for FOMC does indeed affect the Dax. Yesterday’s session only had a range of 70 points and most of the time, we traded sideways, slightly to the downside. The session ended at the price 13 312.
Important zones
Resistance: 12 433
Support: 12 281
Statistics for today
25 % gap close
Detailed statistics in the Statistical Application
Macroeconomic releases
none
Today’s session hypothesis
Today’s morning gap did surprise many traders. The Dax jumped 59 points to the upside to test our long-term resistances. The probability of closing the gap is only 25%. It seems that this is a sign that we might test higher prices. Immediately this morning, we are battling with the resistance 12 378, next resistance is at 12 433, where buyers might slow down.
DAX Buy SignalPattern: Channel Up on 1W.
Signal: Bullish as the price rebounded on the Channel's Higher Low.
Target: 12600.
