DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15081 (stop at 15026)
Daily signals are bullish.
We are trading at overbought extremes.
We can see no technical reason for a change of trend.
Posted a bullish Flag formation.
A break of 15080 is needed to confirm the outlook.
We look for gains to be extended today.
Our profit targets will be 15231 and 15321
Resistance: 15070 / 15150 / 15200
Support: 15000 / 14950 / 14900
GER30 CFD
Candle in the wind?Sometimes a single candle can make a difference. How? It could trigger a trend change.
This is not a prediction. It is vigilance for a trend change. Single candles on any time frame often fail.
Position is everything (well not exactly). Some say it's luck. I say it is a chance to see how wrong I am. Acceptance of being wrong for a controlled loss is the business.
If one cannot afford to lose in this business, then winning is practically impossible.
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions and not intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
DE30 Sell the trend of higher highs.GER30 - Intraday - We look to Sell at 14777 (stop at 14831)
The trend of higher highs is located at 14770.
Pivot resistance is at 14810.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 14631 and 14581
Resistance: 14750 / 14780 / 14810
Support: 14700 / 14630 / 14570
Ger30 DAX sell to13850 monthly.Possible turnaround at 14.700-14850.
Issues: Monthly
RSI + Bollinger + Trend channel
Targets: Monthly (April 2021)
14.400
14.186
14.000
13.850
Good luck!
www. aiart. one
DE30 Sell a Break setup.GER30 - Intraday - We look to Sell a break of 14566 (stop at 14624)
Trend line support is located at 14590.
Bespoke support is located at 14570.
A break of 14570 is needed to confirm follow through negative momentum.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Our outlook is bearish.
Our profit targets will be 14416 and 14345
Resistance: 14600 / 14650 / 14700
Support: 14570 / 14520 / 14470
DAX week 12Hello everyone,
This week, I offer my analysis of the movements of $GER30 during the week and my outlook for next week.
Have nice reading and be pleased to comment if you want.
Reminder of my prevision of last week: « My perspectives for next week are GER30 will not break the resistance of 14600 and it may stay between 13900 and 14600. That’s why I am currently short on $GER30.»
As last week, I was good on the first part of the week. But completely wrong on the end. Even if the start of a fall finally arrived Friday.
So, what happens this week?
Monday: Astra Zeneca vaccination was stopped all around Europe: the fear of secondary effect. The possible change in the vaccination policy take the lead and then the GER30 fall a bit towards 14500 with a spike at 14400.
Tuesday and start of Wednesday : those two days were very calm days because the investors were waiting for the FED decision. The anticipation of the good world economic recovering push GER30 up
Wednesday evening: FED decision was revealed… the interest rates may remain the same up to 2023. Very good news for $GER30 and $NSDQ100 which explodes
Thursday: Thursday, the effect of the FED decision continues and $GER30 touches 14800.
Friday: It was a calm day, but FED decided to stop some avantages concerning US banks which pushes GER30 fall at around 1.00pm UTC.
Moreover since Thursday, there are tensions between Biden’s administration and Russia and also between Biden’s administration and China. I didn’t see a massive effect last week, neither on $GER30 nor on $NSDQ100, nevertheless I am expecting to see some effects next week if it continues.
My perspectives for next week:
- I don’t see GER30 break the resistance of 14800 (but I have prepared a plan if it breaks, because as we saw last week: we never know).
- Except if bad news occur like: new lockdowns, rise of US/Russia tensions or US/China tensions, I don’t see a big fall.
- I think next week will be the good week to take some selling positions around 14700 and wait for it to fall during the last week of the month.
What to follow next week?
At first, like the weeks before: the US Bond during the whole week and the German and French Bonds also.
Then: US/Russia tensions and US/China tensions
Finally:
- Monday: China national Bank interest rates;
- Tuesday: Calm;
- Wednesday: German manufacturing PMI and US Crude Oil Inventories
- Thursday (Big day):
- Switzerland: Interest rates;
- Bank of England and European Central Bank speeches simultaneously;
- US: GDP and initial jobless claims
- Friday: German Ifo business climate and US Budget (possible).
I wish you a good trading week,
Please feel free to ask me questions, I will be glad to connect with you over the comments or by private messages.
Stay safe,
Alexandre
US & Germany DOW/DAX RSI D1 sell opportunity. - FED Week.We face a good sell entry for US30 and GER30 caused by massive blowout caused from stimulus last week.
This week we get the FED statement. Jerome is in truouble to argue because of the rising US Bonds,
ongoing zero intrest FED policy and the strong recovery of the US economy. We need to listen, if
Jerome misses market expectaions.
Time frame: 4H, 1D, RSI $ Bollinger W1 M1.
This is not a trading advise. Good luck.
www. aiart. one
GER30 might drop to 14200 this weekThe GER30 is very tricky to analyze these days, so be careful and do your own DD :)
The Ascending triangle has broken out down. Potential target 14200
False break-out are common with triangles, so this break-out is fake or real?
Probably real:
- Trending moves are slowing down (the 3 green rectangles)
- the breakout has been followed by a retest of the bottom trendline of the triangle and rejected.
- RSI is in a bearish channel, near the neutral area (53)
****
Analysis INVALIDATION IF the ascending triangle breaks out above the 1600 horizontal trendline, the bullish move might continue toward 14900 in the bullish channel started February 22.
****
GER30 Sell a break setup.GER30 - Intraday - We look to Sell a break of 14448 (stop at 14512)
Price action has formed an expanding wedge formation.
The trend of higher intraday lows has also been broken.
Trading within a Bearish Channel formation.
Trend line support is located at 14485.
20 4hour EMA is at 14486.
A break of bespoke support at 14470, and the move lower is already underway.
Our profit targets will be 14269 and 14206
Resistance: 14530 / 14580 / 14600
Support: 14470 / 14400 / 14330
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 14611 (stop at 14549)
Price action has formed a bullish ascending triangle formation.
Daily signals are bullish.
We look for gains to be extended today.
A break of yesterdays high would confirm bullish momentum.
Our profit targets will be 14779 and 14862
Resistance: 14600 / 14700 / 14800
Support: 14500 / 14470 / 14000
Germany 30 - Overblown sell to 14.020Nice sell in Germany 30 via trend channel H4.
Possible double top formation on D1.
Not expected to trade much higher.
Linked to US Stocks Dow Jones.
www. aiart. one
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 14621 (stop at 14559)
Daily signals are bullish.
Price continues to trade within the triangle formation.
A move through bespoke resistance at 14600 and we look for extended gains.
We look for gains to be extended today.
Our profit targets will be 14786 and 14866
Resistance: 14600 / 14700 / 14800
Support: 14520 / 14400 / 14330
DAX week 11Hello everyone,
This week, I offer my analysis of the movements of $GER30 during the week and my outlook for next week.
Have nice reading and be pleased to comment if you want.
Reminder of my prevision of last week: « My perspectives for next week are a rise over the 14100 support towards the 14300 new support in the beginning of the week (Monday and Tuesday) use to the Senate acceptance of the US Covid plan which occurred few hours ago and then a fall to 14100 or 13900 because of the rise of US bonds. »
I was good on the first part of the week. Even a bit pessimistic. But wrong on the end. Even my advise of Thursday went wrong!
What happens?
Monday: The acceptance of the covid plan by Senate had a big impact on the GER30 which rises to around 14400.
Tuesday: OCDE rose is prevision of growth for mondial economy, thus, it pushed all the stocks which hadn’t move on Monday to rise. $GER30 finished around 14500.
Wednesday: Good news on US Bonds pushed the GER30 to a new top at almost 14600, which seems to be an important resistance.
Thursday: ECB talked and decided not to change the interest rates. It also presented the forecast for Europe and US for the coming years and the European forecast are much worse than in the US.
That explained the flat day today while US Stonks were flying.
Friday: The US production price, the US bond and the 4 green days before pushed it down (as I was expecting it on my post of Thursday evening). GER30 was pushed a little bit higher in the end due to good prevision for next week.
My perspectives for next week are GER30 will not break the resistance of 14600 and it may stay between 13900 and 14600. That’s why I am currently short on $GER30.
What to follow next week?
At first, like the weeks before: the US Bond during the whole week and the German and French Bonds also.
Then:
- Monday: The industrial production of China in February;
- Tuesday: German Economic sentiment.
- Wednesday: European CPI of February and US Crude Oil Inventories & !! US Interest rate Decision !!
- Thursday: Bank of England interest rates & US new unemployed indicator
- Friday: Australian retail sales.
I wish you a good trading week,
If you want any clarification do not hesitate to contact me.
Stay safe,
Alexandre
DAX - Rounded retest The DAX has broken out of its 5-year long channel, with the last time being early 2018. This time, however, there is substantial support found around the 14150 level. With the ECB speeding up their PEPP in order to quell rising bond yields, the DAX is fundamentally poised to continue moving up.
The ZEW Economic Sentiment comes out on Tuesday, which has previously led to a drop in prices over the following days in the past few months. Eurozone inflation data comes out on Wednesday, with YoY jumping from 0.2% to 1.4% from Jan to Feb. These factors may cause a sell-off into our buy zone around 14150.
The zone is a 4 touch resistance (there wasn't this kind of support in 2018) as well as the 0.618 level. Given there should be some time and space between the break and retest, orders should be built up there. This makes it a perfect level for a reversal/pullback into a continuation.
Entry: 14153
SL: 13953
TP: 14920
Happy trading:) follow for more.
March 11th, what happens and what is my vision of tomorrowDear Tradingviewers,
Today was a very flat day for $GER30 (near 0%), whereas it was a very good day in US ($NSDQ+2% …)
ECB talks today and decide not to change the interest rates. It also presents the forecast for Europe and US for the coming years and the European forecast are much worse than in the US.
That explains the flat day today while US Stonks were flying.
For tomorrow, I think the GER30 will not continue to rise because other economy are way more interesting and It may fall a bit. Moreover, it is facing the 14600 resistance which is holding. I don’t think it will fall as much as I was expected it to fall when I short it at the beginning of the week but I think the context and the end of the week will help it to lose at least 100 points.
For your information, I am currently shorting GER30 so my idea can be biased.
I wish you the best,
Stay safe,
Alexandre