Ger30buy
DAX' FUTURE WITHIN 27,000 MINUTESDAX On the rise and only EU crisis can stop Mr. DAX - other than that? DAX will soar so much more that the investors wont believe what they see:)
DAX YOU CAN! (2)Hello Family,
DAX has gained even more traction as the buyers kept pilling up and USD creeping up - I see USD shooting to the height of 114.750 within few hours today or by tomorrow the latest. Dax seems to be in a good shape and might hit my second TP @10090 :) finger crossed - but I I recommend a quick TP @ 10027 as well if you will...
Notes: pay attention to the V retrace candle formation, this may occur should market condition changes...but don't panic:) - just go with the flow; if you know what I mean? ( Can't say it here) lol
Remember to set your SL accordingly should you by any chance choose to walk away from your trade.
Happy trading
Dr.
waitting chance to long Ger30/DAX30because of last European central bank rate decision. The up channel of DAX30 has been break out . looking for further down side until 9200 . Personally i will long DAX 30 around 9220 and the target would be 9482 .
An Attempt to Decipher Ger30I do not know what will eventually happen,But until then, staying the OODA Loop I've tried to take pulse of the chart.
The bullish intentions have been made clear. Lets see which setups plays out eventually.
Would have been stronger if this close was above the large red candle on left. (off by some 40pips)
Hence this keeps the options of deep retrace very likely.
Especially for next leg up to Bollinger mid.(34 MA) which may meet price at the 10000 by then.
This down move likely to be to
- Retest of trendline break
- Retest of MA's 10
- 30-50% retrace of last 3 bulls weeks
- Test yellow resistance turned support zone.
One of the few Possibilities for coming years - GER30I just realized i had posted this chart as private 2days ago. Wish they have a convert function. :) Hey ho.. here is the progress since then. Still valid.
-----
We don't fully know which of the fundamentals news would be used to drive this up and then down.
However, IF there happens to be such news events, this could be a set of potential price action movement in near future.
This charts is just for reference and will be interesting to see how the market actually moves in coming months and years.
Price action behavior at 10800-11000 will eventually indicate if this full set of move will occur in this fashion.
Though a possibility,At the moment, it would be too early to project the third push with a degree of certainty.
Update status
is there a big Rebound coming ?IN the Past we had about 2 Months of shorting DAX,Indikators seem oversold.
Dow S&P are pulling back with an inverted Head and shoulder.
This might be a Big Trap for all Shorties, and will be a painful squeeze if tomorrow the FED brings
Data were every1 is pleased with.
