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Ger40

DAX Trading PlanDAX rebounded today exactly at the bottom (Higher Lows) trend-line of its October Channel Up (blue) mainly due to the bettern than expected E.U. and German PMI data. If this effect is short-lived and the Channel breaks to the downside (quite likely as the MACD just formed a Bearish Cross on the 1D time-frame), look for the 1D MA50 (blue trend-line) for the next buyer accumulation. That happens to be within the 0.5 and 0.382 Fibonacci retracement levels. If however the Channel Up holds, the index should go for the next Higher High. In either case the next upside target is the 2.5 Fibonacci extension around 16500. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
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by TradingShot
1
DAX sideways on its ATH. Potential pull-back.Two weeks ago, the consolidation on the 1D MA50 (blue trend-line), gave a clear buy extension signal on DAX: The 16000 Target has been hit and the index is consolidating around its 16030 former Resistance and ATH for 5 straight 1D candles. This is a sign of technical exhaustion of the dominant trend which is bullish, so if the Channel Up breaks its Higher Lows trend-line, I expect a full pull-back towards the 1D MA50. As long as it doesn't though, the bullish trend remains intact. In either case, the target is the 1.382 Fibonacci extension (roughly within 16450 - 16500), which is still below the Higher Highs trend-line that has been keeping DAX below since April 16. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
D
by TradingShot
2
DAX on beginning of new week - based on Options Flow (Gamma)Going to the right, DAX tests investors' nerves and endurance. What can the beginning of a new week bring to us? Overall, we are high in the context (which does not in any way negate further increases for the sake of clarity!). Below the current price level, we have several Virgin VPOC levels, which even extend to the region of 15,200. But the only thing is that EVERY time the index will return there. Not necessarily now;) In the context of Intraday trading, breaking the Gamma +0.25 level determined automatically based on the Options market - gives the opportunity to play a Long with a target of up to Gamma +0.5. We play it carefully because of Dax's trailblazing in such high places. The exit to Gamma +0.5, because as you already know from previous analyzes, this is a very strong Intraday resistance level. Similar to playing Short as a mirror image of the described move - after Gamma -0.25 goes down, there is an opportunity for Short. Target is Gamma -0.5 (again - strong Intraday support level), but this time we are watching whether there will be a price reaction and a rebound - another opportunity for Long as the Gamma -0.5 level is in the volume zone determined automatically by VSA Scanner. According to the Gamma strategy - a bounce from Gamma -0.5 most often ends statistically at the Pivot level. Another trading opportunity is a price breakdown at the level determined automatically - Extreme Low of Day (determined from the Options and Volatility market) with the target at the extreme Gamma -1. Here, we also expect a price reaction and a position reversal in Long, where the presence of the volume zone (determined by the VSA Scanner) is an additional strengthening of the signal strength. The Options Market helps forecast movements that are yet to come in derivatives (including Futures Contracts). Therefore, it is a powerful weapon in the Trader's arsenal and is available to everyone;)
EUREX:FDAX1!
by skyline-trader
DAX Bullish continuation towards 16000.My last DAX analysis was on a bus signal after the price broke above the 4H MA50: The short-term target of the 4H MA200 eventually got reached and now I shift my focus for the medium-term back to the 1D time-frame. As you see the price has been trading around the 1D MA50 (blue trend-line) for a week. The very same consolidation pattern around the 1D MA50 was last seen from July 23rd to August 3rd. It led to the formation of the 16030 All Time High/ Resistance. I am expecting a similar rise/ target. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
DLong
by TradingShot
1
DAX Broke above the 4H MA50. Buy Signal.Pattern: Channel Up on 4H. Signal: Buy as the price broke above the 4H MA50. Target: 15500 (just below the 4H MA200). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
DLong
by TradingShot
1
DE40 Sell a break.GER40 - Intraday - We look to Sell a break of 14977 (stop at 15036) Daily signals are mildly bearish. Our short term bias remains negative. Pivot support is at 14979. Trading close to the psychological 15000 level. A break of bespoke support at 15000, and the move lower is already underway. Trades with a bearish descending triangle formation. Our profit targets will be 14811 and 14791 Resistance: 15100 / 15150 / 15200 Support: 14980 / 14900 / 14800
DShort
by Signal_Centre1
1
DAX hit the 1D MA200, first time since the US elections!DAX hit today the 1D MA200 (orange trend-line) for the first time since November 04 2020, which was the period of the U.S. elections. That was at the start of a very aggressive end-of-the-year rally. Right now the index is rebounding after having made a Double Bottom just below the 15040 Support. If we also consider the July 19 Low, then this can be treated as a Triple Bottom. It is possible to see a similar pattern as May - June 2021, which also rebounded after a Double Bottom, that time on the 1D MA50 (blue trend-line, which is the first Resistance) instead of the MA200. The RSIs of the two fractals are on Inverse Head and Shoulders. The medium-term target is naturally the Resistance (16000), while on the long-term a price range within 16250 - 16400 as every previous Higher High since June has been near the 1.382 Fibonacci extension . ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes --------------------------------------------------------------------------------------------------------
DLong
by TradingShot
1