DAX H4 | Potential bullish bounceDAX (GER30) is trading close to a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 19,421.13 which is a swing-low support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 19,280.00 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at 19,689.28 which is a swing-high resistance that aligns with the all-time high.
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GER30-DAX
DAX H4 | Approaching pullback resistanceDAX (GER30) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 18,579.74 which is a pullback resistance.
Stop loss is at 18,700.00 which is a level that sits above a swing-high resistance.
Take profit is at 18,302.64 which is a pullback support.
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GER30 H1 | Potential bullish bounceGER30 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 18,367.33 which is a pullback support.
Stop loss is at 18,200.00 which is a level that lies underneath a pullback support.
Take profit is at 18,582.14 which is a pullback resistance.
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GER30 H4 | Potential bullish reversalGER30 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 18,050.68 which is a pullback support.
Stop loss is at 17,900.00 which is a level that lies underneath a multi-swing-low support and the 127.2% Fibonacci extension level.
Take profit is at 18,370.11 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level.
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Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
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DAX Tests Critical Support after Hotter German InflationConsumer price pressures in Germany accelerated in April to 2.4% y/y, which marked the first uptick since December. Eurozone inflation meanwhile persisted at the same level (May preliminary due on Friday), while wages in the region increased in the first quarter. This has created some worries around the disinflation process and the central bank’s prospects for less restrictive stance.
GER30 extends its slide from the recent all-time peak into the third week as a result and now tests a crucial support area. It breaches the EMA200 (H4) threatening the 38.2% Fibonacci of its last leg up. This would pause the bullish momentum and create risk for deeper pullback towards the daily Ichimoku Cloud, but we are cautious around sustained weakness.
Recent European inflation data may have showed some persistence and European officials may have warned against back-to-back rate cuts, but the ECB is expected to become the first major central bank to pivot and slash rates next week. This shift towards looser monetary setting, along with Germany’s exit for recession, are supportive for the stock market. Furthermore, the RSI is oversold and if GER30 manages to hold the pivotal EMA200 and 38.2% Fibo, its bullish bias would be reaffirmed and could lead to new record highs.
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Past Performance is not an indicator of future results.
DAX, will this be the end of the bullish cycle wave?Hallo everyone,
markets are crazy lately and beside the fact, that Germany is in a recession period the DAX were climbing up for several ATHs in the last weeks. I think this should find an end very soon, as we are testing the ultimate resistance area formed by trend lines from ATH prices in the past.
Also my wave count is pointing to an fifth wave of a fifth wave.
18000 will be a psychological barrier I don't expect the price to go over easily and we are facing the 1,618 extension level from the last wave at around 17700.
I will work with several positions starting from 17700 up to 18000.
GERMANY 30/40 DE40 DAX Bullish Heist PlanSmart Indices Traders,
NFP Trade master plan to Heist GERMANY 30/40 Market. my dear Looters U can enter after the NFP data there is high chance to go down side, Our target is Green Zone if it goes bearish side, Bullish side our target is Red Zone that is High risk Caution Pullback area, If There is any Bad news it make our heist very sad and if the news is favorable for us then we can continue our looting from there with help of trailing stop.
My dear Robbers please book some partial money it will manage our risk. Be safe and be careful.. Make money and take money.
Dax Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
GER30 H4 | Bullish bounce off 38.2% fibo?Price is approaching our buy entry at 15822.7, which is a pullback support level and at the 38.2% fibo retracement. Our stop loss is at 15719.4, which is a pullback support level, 61.8% fibo retracement and 78.6% fibo projection. Take profit is 15992.2, which is a swing high resistance level.
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Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GER30 H4 | Bearish reversal off 100% fibo?Price is in a bullish momentum currently, and could push towards our sell entry at 15984.5, which is an overlap resistance level, complemented by the 100% fibo projection and 127.2% fibo extension. Our stop loss is at 16133.8, which is above the 61.8% fibo retracement and 161.8% fibo extension. Take profit is at 15812.2, which is an overlap support.
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Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GER30 H4 | Bearish reaction off 78.6% fibo?Price could potentially reach our sell entry at 15821.07, which is an overlap resistance level, and there is also multiple fibo confluences as well. There is a 78.6% fibo retracement and 61.8% fibo projection, which shows that this area could show signs of a reversal. Our stop loss is at 15909.2, which is above the swing high resistance where the long wick was formed. Take profit is at 15563.1, which is the previous swing low support, and at the 78.6% fibo retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
FXCM Markets LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Unleash the Bull: DAX Breaks Boundaries!Bullish/Bearish Momentum:
The Macro PVVM, which indicates long-term trend, has been consistently increasing from 68 to 102. This is a strong sign of a bullish momentum in the long term. The indicator breached the overbought level (>100) on the last data point suggesting a strong bullish trend but also the potential risk of a pullback.
The Micro PVVM, representing short-term movement, has also shown a general increase from 12 to 41 with some periods of pullback, which indicates a predominantly bullish momentum in the short term.
Alignment with Closing Prices:
The closing prices have generally been increasing, aligning well with the bullish momentum indicated by the PVVM indicators. The price moved from $16147 to $16189 with some fluctuations.
Long-term and Short-term Trends:
Long-term (Macro) Trend : The continuous increase in the Macro PVVM suggests a long-term bullish trend.
Short-term (Micro) Trend : The short-term trend, represented by the Micro PVVM, has also been predominantly bullish, but the ups and downs suggest a higher level of volatility and uncertainty in the short-term trend.
Key Takeaways:
The OANDA:DE30EUR is in a strong bullish trend based on the provided dataset, with both Macro and Micro PVVM showing an increasing trend.
The Macro PVVM has breached the overbought level, indicating a strong bullish market but also warning of potential short-term pullbacks.
The short-term movement shows volatility, which means traders should be cautious.
Proposed Trade Strategy:
Long Position : As the overall trend is bullish, traders can consider entering long positions. However, they need to watch out for potential pullbacks due to the overbought condition.
Short Position : Given the overbought state of the market, traders could consider short positions if there are clear signs of bearish reversal in the Micro PVVM or a decrease in the Macro PVVM.
Price Prediction:
Given the current trend, the TVC:DEU40 could continue to increase in the next 7 bars. However, as the Macro PVVM has entered the overbought territory, a short-term pullback or consolidation could also occur.
Critical Points to Watch:
Continuation of the bullish trend in the Macro PVVM.
Signs of a reversal in the Micro PVVM, given the overbought condition in Macro PVVM.
Price movements and their correlation with PVVM indicators. Watch out for any divergence between price and PVVM indicators, as it may suggest potential trend reversals.
Remember, while the PVVM indicators provide valuable insight into the market's direction, they are not infallible and should be used in conjunction with other technical analysis tools and fundamentals for the most reliable results.
GER30, H4 | Potential bearish reversalWe're seeing price test a key overlap resistance at 15702 which also happens to line up with our 38.2% Fibonacci retracement. A reversal from this breakout level could see prices drop all the way down to test our recent swing low at 15508 again.
We're seeing price rise towards a major overlap resistance at 0.8552 which also coincides with a 23.6% Fibonacci retracement, 38.2% Fibonacci retracement and a shorter term 61.8% Fibonacci retracement.
It's worth noting that there's a fair bit of bearish momentum too wish the descending resistant line and the bearish ichimoku cloud pushing prices down.
A drop from here could see pries drop to 0.8524.
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The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
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Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
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FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
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Losses can exceed deposits.
GER30 H4 | Potential bearish reversal?GER30 is close to a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 16007.70
Why we like it:
There is an overlap resistance at the recent swing-high
Stop Loss: 16109.20
Why we like it:
There is an overlap resistance that aligns with the 127.20% Fibonacci extension
Take Profit: 15707.45
Why we like it:
There is an overlap support that aligns with the 78.6% Fibonacci retracement
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Short DAX my thoughts.Hello
We are stuck in 1500 point range for long time, see no reason to go more up. Everyone is so bullish talking about all time high but . Is it possible?
I think no, thats my educated quess for this trade.
Pros:
- Divergence on daily time frame
- Inflation,
- Bad data coming out,
- War.
Recently market moves without logic to me but thinking that people will start taking profits soon, money can be transfer to another assets.
Make sure you risk amount that you can loose if you fallow. I drew few patterns on chart.
I will update as always.
Take care,
Cheers.
GER3 30 H4| Bearish Divergence?Looking at the H4 chart, Price is approaching our sell entry at 15713.94, a swing high resistance level. If there is a reversal from this level, the price could drop to our take profit at 15480.74, which is a swing low support level.
If the price were to break above, it could rally to hit our stop loss at 15920.63 which aligns with the -27.2% Fibonacci expansion. However, it's important to note that bearish divergence is present, indicating that the bears may be preparing to take control once again.
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GER30 Sell LongSupport occurs where a downtrend is expected to pause due to a concentration of demand.
GER30, D1 | Potential bullish bouncePrice has bounced off the 23.6% Fibonacci retracement, we could see the momentum carry price up to its take profit target.
Entry: 14,872.48
Why we like it:
There is a 61.8% Fibonacci retracement and a swing low support
Stop Loss: 14,442.76
Why we like it:
Swing low support
Take Profit: 15,718.21
Why we like it:
There is an overlap resistance
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
DAX Major bearish breakoutWe're watching the support level of 14877 very closely as it's a major overlap, 23.6% Fib retracement and a break of this level, coinciding with the ichimoku cloud bearish exit, could trigger a massive drop to the next support level at 13863.
It's also nice to see strong bearish divergence vs Stochastic suggesting we could see a big reversal upon the break of the 14877 level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.