GER40 Sell into a rally.GER40 - Intraday - We look to Sell at 14519 (stop at 14624)
Price action has stalled at good resistance levels and currently trades just below here (14500).
We look for a temporary move higher.
Daily signals are bearish.
Preferred trade is to sell into rallies.
50 1day EMA is at 14520.
14556 has been pivotal.
Our profit targets will be 14257 and 14207
Resistance: 14500 / 14600 / 14800
Support: 14300 / 14100 / 14000
Ger40
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.
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GER40 Sell the trend line resistance.GER40 - Intraday - We look to Sell at 14093 (stop at 14204)
Daily signals are bearish.
Trend line resistance is located at 14100.
Bespoke resistance is located at 14100.
14094 has been pivotal.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 13808 and 13738
Resistance: 14000 / 14100 / 14300
Support: 13800 / 13700 / 13500
GER40 Sell a break of recent low.GER40 - Intraday - We look to Sell a break of 14197 (stop at 14294)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Previous support at 14300 now becomes resistance.
A break of the recent low at 14220 should result in a further move lower.
Our profit targets will be 13951 and 13901
Resistance: 14400 / 14500 / 14700
Support: 14200 / 13950 / 13800
GER40 Sell the previous support.GER40 - Intraday - We look to Sell at 13749 (stop at 13841)
Our bespoke support of 13800 has been clearly broken.
Previous support at 13800 now becomes resistance.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Daily signals are bearish.
Our profit targets will be 13505 and 13455
Resistance: 13500 / 13600 / 13800
Support: 13300 / 13150 / 13000
GER40 Sell the 20 EMA.GER40 - Intraday - We look to Sell at 13028 (stop at 13153)
Daily signals are bearish.
Rallies continue to attract sellers.
Price action produced another negative day, yesterday.
Preferred trade is to sell into rallies. 20 4hour EMA is at 13060.
Our profit targets will be 12707 and 12627
Resistance: 12700 / 12850 / 13000
Support: 12600 / 12430 / 12200
GER40 Sell into a rally.GER40 - Intraday - We look to Sell at 14078 (stop at 14191)
Daily signals are bearish.
Bespoke resistance is located at 14100.
Trading close to the psychological 14000 level.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
20 1day EMA is at 14000.
Our profit targets will be 13802 and 13702
Resistance: 14000 / 14100 / 14200
Support: 13800 / 13600 / 13300
GER40 Sell the resistance.GER40 - Intraday - We look to Sell at 13969 (stop at 14101)
Daily signals are bearish.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
20 1day EMA is at 13900.
We look for a temporary move higher.
Our profit targets will be 13626 and 13536
Resistance: 13950 / 14100 / 14300
Support: 13700 / 13500 / 13300
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
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
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?
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GER40 Sell the trend of lower highs.GER40 - Intraday - We look to Sell at 15348 (stop at 15421)
Daily signals are bearish.
Our short term bias remains negative.
Trend line resistance is located at 15360.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 15166 and 15116
Resistance: 15150 / 15200 / 15300
Support: 15100 / 15050 / 15000
GER40 Sell the repetitive rally.GER40 - Intraday - We look to Sell at 15448 (stop at 15521)
Daily signals are bearish.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
A shooting star has been posted as prices reject the higher levels.
Our profit targets will be 15261 and 15211
Resistance: 15300 / 15400 / 15500
Support: 15250 / 15150 / 15000
DE40 Buy the 0.786 Retracement.GER40 - Intraday - We look to Buy at 15061 (stop at 14984)
The previous swing low is located at 15056.
15056 has been pivotal.
We have a 78.6% Fibonacci pullback level of 15029 from 15737 to 14836.
Support is located at 15050 and should stem dips to this area.
Our profit targets will be 15255 and 15295
Resistance: 15200 / 15300 / 15400
Support: 15100 / 15050 / 15000
GER40 Buy the 0.618 Pullback.GER40 - Intraday - We look to Buy at 15185 (stop at 15105)
The previous swing low is located at 15056.
The trend of higher lows is located at 15180.
We have a 61.8% Fibonacci pullback level of 15185 from 15737 to 14836.
We look to buy dips.
Our profit targets will be 15415 and 15475
Resistance: 15400 / 15500 / 15600
Support: 15300 / 15180 / 15050
DAX about to make a significant bullish break-outDAX is testing today the 1D MA50 (blue trend-line) for the first time since February 02, where it failed to make a close above (despite breaking it intraday) and got rejected. On the long-term we see that the 14,810 Support has held on 5 tests since May 2021, and up until the January 05 2022 Double Top, we've had Higher Highs. The long-term trend thus remains bullish.
If the index closes a 1D candle above the 1D MA50, we expect a rally towards (at first) the 16290 Resistance. Notice that when the 1D CCI was on the current levels previously, DAX printed a Higher High/ Higher Low pattern.
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GER40 Sell into a rally.GER40 - Intraday - We look to Sell at 15522 (stop at 15597)
Daily signals are bearish.
We look for a temporary move higher.
15583 has been pivotal.
Preferred trade is to sell into rallies.
Our profit targets will be 15311 and 15261
Resistance: 15400 / 15500 / 15600
Support: 15300 / 15200 / 15100
Will bulls show up on Dax Index (Ger40)Dax index / 4H
Hello traders,
The Dax index is trading a bull trend but recently, the price had a major correction.
There are 2 scenarios I'm waiting for :
Scenario 1: The bearish flag holds and bulls show up and take the price higher, in this scenario I'll consider going long on the dax and other indices as well.
Scenario 2: The bearish flag breaks and bulls fail to make their argument. In this scenario, I'll consider going short. As a potential target (not sure) is a second leg down, which will indicate a massive market crash.
Trade safe,
Trader Leo.
GER40 Buy the oversold correction.GER40 - Intraday - We look to Buy a break of 15276 (stop at 15204)
We are trading at oversold extremes.
A break of 15270 is needed to confirm follow through bullish momentum.
20 4hour EMA is at 15470.
We look for a temporary move higher.
A lower correction is expected.
Our profit targets will be 15477 and 15517
Resistance: 15270 / 15400 / 15500
Support: 15100 / 15050 / 15000