DAX long term predictionThe rest of the year and the beginning of the next year it will move inside the triangle. IMO
GER30-DAX
Dax: Short term long setupThere can be a significant short squeeze in the Dax this week.
We can enter longs as described on chart, the price should move up strongly very soon, reaching the 10977 target in little time.
Good luck if taking this trade.
Cheers,
Ivan Labrie.
DAX to 8000 before 14'000?From what I see on the chart the $DAX has reached a major resistance which could trigger a downmove to
8'000ish, where I see a major support!
- Chart looks a bit bearish
- Support around 8'000
- Clear closes above 11'200 invalidate this setup!
- Time horizon 12-18 Months.
KissKiss
DAX have to make a decision soon (LT-VIEW)If the MACD crosses and turns negative, it will be all over. If the nearest trendline doesn't hold, expect at least 9800 area to come. Possible bounce can come from there also. We can't rule out bullish scenario out. There is gap still open (dax cash) nearby the 10560
DAX GAMEPLAN WEEK #38Description in the chart. Price action will show us early in the week which direction we are going to go. We need two consecutive "full body candle close" above/below these lines to confirm the direction. Now it sits above the latest resistance.
DAX GAMEPLAN FOR COMING DAYSToday's price action suggests that we will visit 1330-1300 area. Happy trading. This is the range until we break lower/higher.
Daily Outside Bar just below the PRZ of a Gartley The German DAX continues to consolidate just below the PRZ of weekly bearish Gartley pattern.
Today, after Draghi's ECB press conference, the German Index formed a daily Outside Bar that will be triggered if the price will decline below 10,600
For now, the Fast MA line (in yellow) continues to play its support role and drives the price higher every time it touches it.
When it'll fail, it'll be the trigger for a pullback towards 10,000 again (with 10,350-10,400 as mid Target) to test the strong weekly support there.
Ger30 : Wave 5 in PlayMost markets are now moving upwards !!
Wave 3 of wave 3 of wave 5 in play !!
And if it's right -- you can get 40 - 50 % return on stocks !!
SPX500 : Within striking distance of making new highs !! FED hike talks had no impact till friday !!
Buy @ 10200 With Sl @ 9700 Once Dax breaches 10500 expect it to climb to 11400 !!
We reached a higher levelWe will probably see it bounce back and forth now for a while. Before moving higher to the next level which is 10900. We are still in an upgoing trend.
GER30 Long UpdateGER30 broke the 2H descending Trendline and tested this line. Exactly the same Scenario with the 1H Trendline. I moved my Stop to the marked Level in the Chart. The reason for this is the completed ABCD Pattern and the low volatility. More upside potential is possible.
Trade safe, Daniel
Likes and Comments are appreciated and would keep me motivated.
GER30 ABCD Pattern UpdateGER30 broke my descending Trendline to the top and formed a pullback back to the Trendline (Take a look at my Analysis to get a deeper look of this stock. I expect an ABCD Pattern to take place soon. I will add more Positions after a breakout of this pullback.
Trade safe, Daniel
Likes and Comments would keep me motivated
GER30 UpdateGER30 broke to the upside as expected. Already 100 Points in Profit. You can protect your Trade if your Trading Plan allows to do this. Beware of the Non Farm Payrolls at Friday.
Have a great day, Daniel
Likes and comments are appreciated and would keep me motivated
GER30 AnalysisGer30 broke a Resistance to the upside (turned now into support) and tested this Level. Now I'll be looking for a further downmove and enter my long position based on a breakout to the upside. Stop Loss should be placed below the support zone at 10430-10480. Profits should be placed at the last highest high.
I don't trade Stocks often but in my Opinion this should be a good Setup.
Trade safe, Daniel
Likes and comments are appreciated and would keep me motivated
DAX DIVERGENCE Would like to see a 0.618/0.5 retracement of the previous leg of the bratwurst stock index after this nice bullride.
DAX 1 hDer Ger30 steht wohl vor einer Entscheidung.
10500/530 entweder up bis 10800 - darüber 11100
oder weiter down 10285 - 10100 - 9900
Aber das ist nur meine Meinung die den Markt nicht beeinflussen kann!
GER30 Long IdeaAfter a long period of bullish sentiment on the GER30 we are now experiencing some bearish re-tracement. By using a 4H order-block and the 61.8% level we will be looking to enter in some longs!!
Correction starting after Q2 result seasonDAX will continue to go up until around 10300 zone. Short until fib .382
GER30 trade map
We are at important point, if price closes below Gann arc then demand zone below price will become important zone to trade on daily chart.
We have formed the higher high and higher low in recent past, but we are not out of down trend.
One can use the chart and the levels to trade, every Gann line and arc can work as support or resistance.
DAX - GER30: Prepairing for a counter moveThe closing above the A/R line signals a potential countermove to the upside.
Alltough, a former test of the supportive A/R line is very possible > no hurry to trade!
