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Ger40

DAX rejected on Lower Highs. Unless broken, consolidation ahead.DAX broke and closed yesterday above the 4H MA200 (orange trend-line) for the first time since January 20. Despite this bullish development, the index failed to break above the long-term Lower Highs trend-line of the correction, which has been holding and rejecting the price (6 rejections including yesterday's) since after the All Time Highs. The last time that happened, DAX consolidated for more than 2 weeks (February). As a result, as long as it fails to break above the Lower Highs, it is more likely to see a consolidation within roughly 14800 - 14100, which as you see is within the zone of the 0.618 - 0.382 Fibonacci retracement levels. A break (and 1D candle closing) above the Lower Highs, should be enough to extend this bull run all the way to the 16290 All Time Highs. Similarly a break below the 0.382, could restore the bearish sentiment back to the 12420 March low. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
EUREX:FDAX1!
by TradingShot
2
GER40 > A Strong Short Setup to Come Soon!!Analysis on #DAX The GER40 forms an old classic setup, a support level become a resistance near downtrend resistance level as well, and guess where it completes, near a very strong psychological number 15000. Trading Plan: >> So I predict the market will turn bearish from this zone and If the Dax completes the pattern and came to my structure resistance zone, I will then wait for the market to turn bearish on the lower time frame and the entry a very good short setup if the rules for entry are met. ⚡ Be aware due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
PEPPERSTONE:GER40Short
by TheTradersAvenue
19
DAX Approaching the 1D MA50. Key for the recovery.The German Index has made a +17% rebound since last Monday's bottom and is very close to test the 1D MA50 (blue trend-line). That is the natural Resistance for the index as it has been unbroken since January 20th. In a similar situation after the U.S. elections of November 2020, DAX started the strong uptrend of 2021 once it broke above the 1D MA50. It's first stop was the 1.236 Fibonacci extension level. On the current fractal that Fib is around 17200 and can be hit by June. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
EUREX:FDAX1!Long
by TradingShot
2
dax next target is EMA200 daily(big orange line) in 15000if you have buy , dont panic , trend will + up soon , today pullback is normal (AC accelator occilator 4hour is red) + up trend will start soon (if big bad news not come) advice = looking for buy with low size and SL = today low (last low) and wait 7-8 day minimum to fibo 61%=14800 personaly i will keep my buy to 16000 (can take 2 month) in weekly chart dax up target fibo 161% show 17200 !!!!! if you have old open sell , close 50% now and put sl on yesterday high ,ok? ALERT= if low near 12400 break , dax can go to 12000(need big bad news) 12000 is best place for buy and hold to high (can take 30 day) above condition(buy now) is valid on nasdaq,dow,sp500 too , they have buy too ,,, but + up trend always have many zigzag,mini crash wish you win , 100% put SL under support or 40 point
EUREX:FDAX1!Long
by ramin_trader2006
2
buy little size dax and hold it minimum 15 day dax touch 12500 powerfull support (see weekly chart) now it must going fill friday gap pick low size buy (per 1000$ balance 0.01 lot or 10$) with SL in pinbar low (after 80 point profit,move sl to open price, then let it go up) please dont close your buy soon , dax after zigzag and minicrash can back to 16000 !!!!!! personaly i want hold my buy near 2-3 month note= if you are in CFD you can find it in INDEX folder with these symbol = FDAX -DAX -Germany40 DE30 - DE40
EUREX:FDAX1!Long
by ramin_trader2006
6
DAX is pricing the long-term bottom for the 20k waveThis is a fractal from the past. DAX's current Bearish Megaphone pattern resembles that of June - October 2014. In fact the whole price action from the February 2020 collapse due to the COVID outbreak, is similar to the July 2011 - October 2014 sequence. See how all major formations align almost perfectly between the two: Death and Golden Crosses on the 1D time-frame, the 1W MA50 (red trend-line) and all legs from (1) to (6) so far. Right now, DAX is at the bottom of the Bearish Megaphone on leg (6). If that holds, then we may see a continuation of the 2014 pattern to a leg (7) which should be near the All Time High (ATH) and if the fractal continues to play out, possibly a hyper rise to (8) around 20000. *Interesting fact: 2014 was the year when Russia annexed Crimea and threatened the rest of Ukraine. Is this Déjà vu? -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
XETR:DAXLong
by TradingShot
2