Ger30 dax index 1H2-Stabilize under 13960 will get target 13870 and under 13870 will get 13735
2-stabilize above 13970 will get 14090 and 14150
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My last idea about Dax on 16feb:
GER30 CFD
DAX – Correction overdueShort analysis on the DAX in the context of the cyclical calculation
On further rising prices is to be counted on the German leading index only with very much imagination. On the contrary! According to our calculations, a price decline of several weeks must necessarily be included.
We strongly advise against any long positions in the current environment. We see the probability of a further rise with a good risk-reward ratio only far in March.
Our subscribers will receive the coming low (exact turning date and probability of hit) as usual via our distribution list.
Notice:
Despite careful analysis, Global Investa does not guarantee the content, timeliness, accuracy or completeness of the information provided. In particular, the information provided does not constitute investment advice, a recommendation to buy or investment brokerage and can in no way replace investor and investment advice from a professional investment advisor who takes into account the individual economic circumstances and the level of experience of the customer.
DAX H4: BEST Level to SHORT IT +1000/+1500 points(SL/TP)(NEW)Why get subbed to to me on Tradingview?
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DAX H4: BEST Level to SHORT IT +1000/+1500 points(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: DAX 4hour/candle chart review
::: bearish fractal in progress now
::: setup still valid as of today
::: XABCD short from current level
::: upside limited from here
::: point D is 12 900 points
::: HOWEVER heavy resistance overhead
::: 14 000 heavy resistance
::: get ready to SHORT rips / from overhead
::: BEARS will take over soon
::: lower risk setup is SHORT
::: get ready to SHORT or short at market
::: BEARS will target point D/PRZ at 12 900
::: TP BEARS TP1 +1000 points TP2 +1500 points
::: SHORT/HOLD setup with great risk:reward
::: BEARS TP FINAL is 12 900
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 12 800 fresh demand zone
::: 14 000 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS
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Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
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Analysis of the movements of GER30 this weekHello 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.
The $GER30 tests like last week the resistance of 14100 and the support of 13900 and finally end the week in the middle waiting.
Monday: The news of the weekend were very good in UK (that is why in the commentary of my precedent post I decided to buy $UK100). And those news pushed the $GER30 over is resistance of 14100. Moreover the fact that Donald Trump was acquitted, open the perspective of a fast help plan in the US.
Tuesday: A lot of statistics in Europe or US were good nevertheless the $GER30 enter the range again because it needed to breath.
Wednesday: A general rise of the interest rates for the US or Germany rose a new interest in those product and thus the $GER30 which is complementary fall and tested the support 13900
Thursday: A lot of bad results of several company went out then the US unemployment bad data help the $GER30 to fall under the support of 13900.
Friday: After 3 red days, investors have decided that the price was low enough and the GER30 went back in the range.
To sum up: like last week the $GER30 maintained itself in the range of 13900 and 14100. In my opinion, it is still in an uptrend but is waiting for a catalyzer which may occur in March.
My perspectives for next week are not very uptrend on the $GER30. I think it will consolidate the rise of February and stay in the range or follow a small downtrend staying of 13732.
What to follow next week?
- Monday: German IFO Business Climate which will give an idea of the current climate in Germany;
- Tuesday: Consommer Price Index which may rise risks on inflation.
- Wednesday: Crude Oil inventories
- Thursday: US unemployment
- Friday: calm
I wish you a good trading week,
If you want any clarification do not hesitate to contact me.
Stay safe,
Alexandre
DAX on the way to a reversalThe German leading index DAX seems to be getting more and more stuck in the area around 14,000 points. Should there therefore be another upward impulse before the imminent reversal date on 19 February, this would be an interesting opportunity to start a possible short exposure. Looking at the end of the month, a downward trend towards 13,800 points is more likely. In the event of a possible correction, one should even have levels in the area of 13,400 points on the agenda. There, the index looks well protected for the time being, so that short covering could occur. These in turn should lead to rising prices.
If, contrary to expectations, the DAX is able to establish itself above the 14,000-point mark, the level of 14,500 points remains in the sights of market participants. Above this level, the level of 14,800 points would become interesting.
Note:
Three special analysis methods are used within our trading strategy. Only partial aspects have been published in this article and it represents neither a complete trading system nor investment advice or a recommendation to buy.
Ger30 4h1: stabilize above 14093 will get target (blue line)
2: Stabilize under 14080 will get target (red line)
Use Geometry in your favourWe Know that triangles, wedges and rectangles are the most common price patterns. We learned how to measure the height, diameter and angles at school but you might also asked yourself sometimes When Are We Going to Use This in Real Life?
well here; :) The following is an example of a wedge that is being printed currently by the DAX. I used geometry and angle measurement tools to draw the lines of the rising wedge, then finding out the angles accordingly. this in turns gives a clear picture where price is expected to touch next and/ or breakout. I hope this help you all. Good Luck! Please note that is wedge most probably gonna breakout to the downside, HOWEVER, after breaking out and touching the support line at 140480, I expect price to turn north heading to all time high resistance before a serious crash to the downside.
GER30 4H DAX on 4H and 1D
1: stabilize above 13960 will get target (blue line)
2: Stabilize under 13940 will get target (red line)
GER30 BERISH INTRADAY SCALPGer30 has been setting lower highs all week long. Could this be our last bearish push to end the trading week? Well we are right at our resistance level on the 4h. Lets see if we can test the 100MA.
Risk to Reward
2.82:1
Entry 14013
SL 14074
TP 13852
Ger30 DAX INDEX (triangle) 4H On 4H
Direction case:
1: stablize above 13960 will get target (blue line)
2: Stablize under 13940 will get target (red line)
MSCI EM STRONG BUYEnd of multi-years consolidation, Break out, Buy and hold long terme to create your wealth.
GER30 BEARISH INTRADY SWINGIt appears as tho Ger30 may have found some type of level of resistance around price level 14190. This may be the market giving us a Bearish signal? If so lets see if we can test the 50MA on the Daily.
Risk to Reward 2.7:1
Entry 14015
SL 14155
TP 13662
DAX potential moveDax is bullish but to go higher I believe needs to go lower first. The correction may not be over whilst the high remains in place
GER30 index predictionI expect it to be created
asending or desending channel
and after the break that channel
Price is most likely push to up side
Stay tuned
ger30 DAX 1h (Option 1)
- Under 13960 Down till 13735 and 13400 .
(Option 2)
-Above 14100 Up till 14200
GER30 SELL IDEA GER30 Retracedd back to the POI . We are taking a sell position from here
confirmation checklist
1. POI
2. 78% FIB RETRACEMENT LEVEL
3. BREAK OF STRUCTURE
DAX - head and shoulders patternIn our previous analysis, we’ve mentioned the potential head and shoulders pattern which has been created on the German index DAX. It seems that the neckline in this pattern has been broken and the index has dropped to the lowest level since the third week of December 2020.
Thus, the mild bearish scenario seems to be completed, but the more aggressive bearish target is set even lower. The textbook target is located around 13146. If the market won’t come back soon above 13800 the bears may take control and push DAX lower.
_______
Daniel Kostecki, Chief Analyst Conotoxia Ltd.
Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.
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GER30 (DAX)The Dax may have completed the blue x with today's low at 13469. At the ideal target of the green (c) and the yellow circled Y, the downward movement could be stopped for now. Whether this is sustainable and the Dax starts another attack on the all-time high from here, the next few days will show. However, my preferred scenario is a final high. The minimum target of the final blue y is at 14169. The expectation that the market should fall significantly after the high does not change.
